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  1. dbphoenix

    Marketsurfer says short shake shack

    Doesn't matter about B1. I put him on Ignore long ago. I do value the European perspective, though, so don't be discouraged from posting.
  2. dbphoenix

    Questions About Being A Trader

    Thank you for pointing this out. I've known "traders" who went at this for as long as nineteen years without ever doing much better than breakeven. Nineteen years. Wasted. And though nineteen years is a bit extreme, one need only click on members' names and view their profiles to find plenty of...
  3. dbphoenix

    Marketsurfer says short shake shack

    As you "like" my previous post, can I assume we're okay now?
  4. dbphoenix

    Marketsurfer says short shake shack

    Yes, I get it. And I understand that it is an example. My point is that it will mean nothing to ms. If you want your post to be of value, it would be better made in some other thread. If you leave it here, it's likely that no one who might benefit from it will ever see it.
  5. dbphoenix

    Questions About Being A Trader

    You may be indulging in selective memory. Higher education was far cheaper in the 60s and 70s than it is now. The student loan situation is far worse than it was. And employment ops were more numerous then than now. This isn't about bootstrapping. Even the determined and ambitious find the...
  6. dbphoenix

    Marketsurfer says short shake shack

    I understand what you're saying. I've been making a living at this for many years. My point was that your post will have no effect on ms whatsoever. (Altho even if you'd posted it in advance, it's not likely that it would have had any effect :)) Others on the other hand may investigate what...
  7. dbphoenix

    PA "Setups"

    :) I've used the "low-hanging fruit" image, but it amounts to the same thing.
  8. dbphoenix

    Marketsurfer says short shake shack

    Unfortunately, this is hindsight. :( However, it's certainly worth keeping in mind for other applications.
  9. dbphoenix

    Marketsurfer says short shake shack

    Don't forget . . .
  10. dbphoenix

    PA "Setups"

    Re characterization, see Appendix E here. Re structure, AMT is one structure, and that's explained in the same link. If you don't find that useful, there are others, but I can't be of any help there as I've never pursued any others very far (and there are some that I haven't pursued at all).
  11. dbphoenix

    PA "Setups"

    Price movements aren't random, so you don't have an easy out :) The numbers are not particularly encouraging but you're just starting. At 53% profitable trades you're doing better than most. As for ambiguity, you have to provide your own definitions, e.g., what is a "trendline"? what is a...
  12. dbphoenix

    PA "Setups"

    What are the results of your testing?
  13. dbphoenix

    Bear or bull on oil market?

    The trend isn't clear because there isn't one. Except for a brief test of 2, this has been ranging since February, although one could consider the move up from 2 to the top of the range to be a trend. In any case, that trend is broken. UWTI hasn't mirrored CL, though you have your own reasons...
  14. dbphoenix

    Marketsurfer says short shake shack

    That ought to be a given :) along with several other considerations. That nothing but feelings were taken into account is informative.
  15. dbphoenix

    Talent/Giftedness In Trading

    You're quoting me quoting somebody else. What he wrote was that most psychopaths are in jail. He didn't write anything about what creates a psychopath. In any case, you may have misunderstood your wife, or else whoever taught her course in behavior pathology was mistaken. Yes, psychopaths and...
  16. dbphoenix

    Marketsurfer says short shake shack

    The difference between you and him is that he let his ego get in the way, which is his usual MO. An interesting show to watch, but nothing more. (of course, having some sort of trading plan would also help) Wanting to "score big" is for kids.
  17. dbphoenix

    Marketsurfer says short shake shack

    You might try studying the market rather than rely on a black box that only works "sometimes". At the very least, learn something about trade management.
  18. dbphoenix

    Questions About Being A Trader

    Of course it's not over at 30. But it's far more difficult to get started today than it used to be. And if one isn't on the path by 30, he faces increasing competition from those younger, particularly if they have more drive. There are a lot of people out there who are eager to work for...
  19. dbphoenix

    Questions About Being A Trader

    You might. But is that really all you want out of life? You don't have a great deal of time. Maybe two or three years. Thirty will be there before you know it. Then 35. Get a job. Work your ass off. Then make the most of what you have at that time.
  20. dbphoenix

    Questions About Being A Trader

    24 *sigh* You're going to have to find some way of proving yourself. A degree isn't going to help. Neither are "classes". You need to find somebody who will hire you. Your compensation will be irrelevant. You need to demonstrate your work ethic and your work product. You won't be able to do...
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