Search results

  1. J

    Have you used dbphoenix's teachings to become a successful trader?

    We all know how successful Goldman Sachs and Renaissance (Jim Simons) in the trading business, and I don't think they hire a couple hundred of Ph.D. in math, physics and computer technology just to have them to draw some straight lines. Sure, you can make money by drawing some lines (PLUS if...
  2. J

    Are you a successful at home day trader with no other source of income who began with modest means?

    "From $1K in June to $160+K in December. LMAO!!" He lost 90% from 10K in the first 3 months surely, but he didn't say he use the rest of fund (1K) to make 160K. He could possibly replenish his account, and "Treaded water through most of the summer ", then 1) "Made back all my losses in...
  3. J

    Forex price action trading

    I have been learning to understand the market interplay and the underlying forces that move the prices, and I made quite some progress this year to establish a system that can produce signals in a more quantifiable/mechanical mode, as I would like to treat trading in a more scientific way than...
  4. J

    Forex price action trading

    Since your challenge pledge, you haven't had a loser and you almost double your $3000 in a week. That is remarkable and if you can keep doing it in this rate you will pile up more than a million in less than 3 months. I see that you play it safe and always have stops in place and it seems your...
  5. J

    2014: The Battle for Survival

    I see. The amount is for the profit target, not the risk capital. Thanks for the explanation.
  6. J

    2014: The Battle for Survival

    Congratulations on fabulous profit. Just curious, you set $10000 for sock3 (Jan 14th), but how come you could have a loss of $26477 for it in Feb?
  7. J

    Why do traders fail?

    So out of curiosity, I did an estimate the profits Trader Ed gained in March alone and I'd like to focus on just the ES. The gain on ES alone was a little over $4000 (minus commissions it would be around $3900). For ES, he did about 43-45 trades with 100% win rate. Say, someone followed him...
  8. J

    Why do traders fail?

    Of course, he is the one who established a strategy and mastered it, so he could achieves such consistency. For the followers, it would be a total different story for each one. There are a lot of nuances and context that are very hard to explained fully to the followers even the mentors wanted...
  9. J

    Why do traders fail?

    http://protradered.blogspot.com/ Quite consistent and impressive results. 3/26 ES 10 pts 3/21 ES 10 pts 3/20 ES 25 pts 3/19 ES 30 pts Plus other gains from CL or 6E. "YOU CAN WATCH OVER MY SHOULDER AS I TRADE IN THE LIVE MARKET. I mention the entry price, the stop, the...
  10. J

    Finding Work after Quitting Daytrading

    That is not true. At least Anekdoten and Nodoji are two very successful day traders besides probably many others.
  11. J

    Unsuccessful trading with full-time job

    This is an extraordinary example of success (lets say it is true for a moment, because nobody could validate except himself), and probably most of people would fail to reach this kind of level of return even after 5, 10 or 20 years of trading. I pointed this out because this story is relevant in...
  12. J

    Unsuccessful trading with full-time job

    http://www.elitetrader.com/vb/showthread.php?threadid=280146 Check out this link above. This guy started with $5000 to reached $52000 last year by swing/position play on options. Even though he didn’t post the whole year’s plays, but I tend to trust him as he is not out there to solicit...
  13. J

    Weekly trades from an engineer

    1000% return in a year. Awesome!
  14. J

    What are your Trading Breakthroughs?

    They don't need PC, they have pencil and ruler.
  15. J

    Mechanical versus discretionary swing trading

    TrendLines Automatic is a built-in indicator on Tradestation platform ( There are 5 groups of Technical Analysis, the TrendLines Automaticis is in the Indicator group). It plots trendlines in REAL TIME. Better yet: 1) there are 3 parameters you can modify/change to fit whatever you like...
  16. J

    Looking for "edge" ideas...

    A musician! I figure that musicians potentially could have a better grasp/understanding/following the price movement, as a music sheet just looks like a stock chart, and the music notes like prices; As the notes ascending, she/he is going to play the keys to the right sides (piano) or hit the...
  17. J

    Son of If You Can Draw a Straight Line . . .

    3300 was mentioned as a potential maximum price level, is that right?
  18. J

    Microsoft Surface

    You can used the active digitizer pen (wacom based) which is quite precise.
  19. J

    SPY (ETF)-Trading timing

    Good for you. I believe your system would generate bigger profits than what is recorded here. After the market opening, when you look at the market situation and price development, you definitely could make some adjustment to place your trades accordingly to achieve better results. But you...
  20. J

    SPY (ETF)-Trading timing

    It looks like you have an unique, effective and predictive system that works quite well. It is quite a feat to predict before the market opens. I am not sure what algorithmic/pattern programs you use, one thing is for sure that this is not a bar to bar analysis system.
Back
Top