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What is his ET handle ? :)

For the most part agree, but it all depends on the setup stats. Things like risk, success rate, frequency, etc. Never say never.

You ? Yes, very absurd.

Didn't you use to sell an e-book though ?

Good initial capital is important but due to leverage not as important as having a solid frequent edge.

I think what you have is a boring life and you blaming your swings :D

If all you do is trading, and you swing trader, of course it can get boring. Swing trading is the perfect companion with those with a 9-5 job or hitting the books in college or if you are wealthy, golf, gym, beach, pick your vice.

Except ET is so full of amateurs the concept of multi-timeframe is unknown to them or considered a waste of time. Nice to see someone approaching this crap the right way. Now tell them how to determine which is the TF commanding the rest :)

3 losses in a row is not the end of the world, especially if you have an edge in catching tops, usually a top reversal should nullify 3 losses in a row, and then some, so not sure how this qualifies as a "Don't", depends on the trader.

Dont fade the feds :D

Average loss and accuracy percentage would come from data of his own system.

Depends on your daytrading statistics. What kind of stops do you use ? What's your accuracy like ? Then use probability projection to see how many losers in a row you can have. Suppose you have 30 % accuracy, the odds of your trade being a loss = 1 - .3 = .7 What are the odds of 10 losses...

Wrong every trade is a prediction, even if you are reacting. BTW dont play games with semantics, anticipate is a synonym of predict.

Its missing a real predictive factor, the no calls and no blotters is what raises the flag to those not in the know.

Well isn't that convenient to state, its so simplified I can't get a single person to "SIMPLY" (pun intended) prove their consistency. The paper can handle any claims, any numbers. I can state that I had 1000 days of consistency, whether its true or false or even possible, thats a different...

Come on now, DB stuff is not bad, just incomplete.

Ambiguity is the type of call DB makes and these types need to be unmasked for the sake of newcomers.

No self respected trader is going to show in a public forum and post solid market edges for free. In fact, if they are posted for sale, assume no edge or insignificant. Anything that prints money is not shared or sold. Common sense but people are so gullible they believe altruism exists in...

Forget DB, lets see a DB pupil move forward and prove his success and attribute such success to DB's techniques, and we can take it from there. No need to talk to DB. I know for a fact, DBs work is incomplete and not enough for a MEANINGFUL daytrading edge. However, it is a good start....

This forum still has some quality posters, albeit less than in the past and very few. Unfortunately it also has many users posting as experts with no edge whatsoever. Look at the P/L thread it tells the big picture.