Search results

  1. dbphoenix

    Easy edges in the markets for retail participants?

    Yeah, that's it. You got it. My ego can't stand the response from a bunch of anonymous internet trading forum habitues. Yep. Good grief.
  2. dbphoenix

    Ghost of If You Can Draw A Straight Line

    Just for grins, try this. It's a chart we haven't looked at, though those of you who for some reason are interested in trading the ES may have done so. I've posted the first trade to get you started. And those of you who are just tuning in and want to get the most out of this should avoid...
  3. dbphoenix

    Easy edges in the markets for retail participants?

    If you believe that an account statement provides proof, it's no wonder you got screwed. Redirect your focus toward developing a consistently-profitable trading plan. Then follow it. Then you may be able to hang onto the "small fortune" that you claim to have made if you can make it again.
  4. dbphoenix

    Easy edges in the markets for retail participants?

    As do you. To what purpose? To save the low-hanging fruit from itself? You were screwed by a vendor. Boo hoo. Move on. What a novel idea. Responsibility for one's own decisions, for one's own actions. Accountability. I doubt that you'll rest your case. If you did, you'd have to...
  5. dbphoenix

    Ghost of If You Can Draw A Straight Line

    First, the green dots are longs; the red dots are shorts. Exits are made at the break of the line, not noted because the annotations serve no purpose other than to clutter up the chart. Second, good catch on the "why no short?" I must have put it in after saving the chart and neglected to...
  6. dbphoenix

    Easy edges in the markets for retail participants?

    All of which comes later. The first objective is to stop losing.
  7. dbphoenix

    Easy edges in the markets for retail participants?

    The message, however, is not to blame one's failures on whomever but to develop a thoroughly-tested, consistently-profitable trading plan. This crusade of yours to place the blame on something or someone outside oneself merely perpetuates this losing attitude. Spend your time on putting together...
  8. dbphoenix

    Ghost of If You Can Draw A Straight Line

    In the ballpark. The increase in activity in that interval is not in and of itself important. What matters is the result of it, which is that price stops falling. This means that there are enough buyers to absorb whatever sellers are throwing at them AND pay higher prices in the bargain. This...
  9. dbphoenix

    Easy edges in the markets for retail participants?

    And so on and so on. Those who are members of your group insist on blaming something or someone outside themselves for their failures, or, if you prefer, their lack of success: gurus, vendors, authors, market makers, "smart money", brokers, sunspots. Never does it occur to them that their...
  10. dbphoenix

    Ghost of If You Can Draw A Straight Line

    Regarding your "lot of volume but minimal price movement" comment, what does this mean to you?
  11. dbphoenix

    Ghost of If You Can Draw A Straight Line

    Given the usual remarks about how all of this is hindsight and therefore doesn't count, I'm wondering how many people can tell me the rules that were followed in order to trade this (below, a copy of what I posted Friday). At least half a dozen have already done so in other journals, but it...
  12. dbphoenix

    Easy edges in the markets for retail participants?

    Because you're so eager to insult me, and others. Let's not go all innocent here. And yet you are a "net loser". Perhaps, as I said, you ought to direct your thoughts inward rather than remain in attack mode. And yet you can't do it. Why is that? Actually, you have. That's...
  13. dbphoenix

    Easy edges in the markets for retail participants?

    http://www.elitetrader.com/vb/showpost.php?p=3939089&postcount=24 If you'd bother to read it, you'd find plenty of trades that are posted in advance, but, in typical LF form, you'd rather not put forth the effort. As have I. Before the fact. That's how I can avoid insulting people with...
  14. dbphoenix

    Easy edges in the markets for retail participants?

    You could just copy and paste this same exchange from October. That, plus distinguishing between those who want to learn something and those who just want to argue, will save you a lot of time.
  15. dbphoenix

    Wyckoff's Monster

    Particularly when the market is plummeting on a day expected to be a "buy day" and rocketing upward on a "sell day". It's just not necessary to know ahead of time, nor is it of any practical value beyond what is suggested by AMT.
  16. dbphoenix

    Easy edges in the markets for retail participants?

    For the ES, here's one of several. This was during the time when the buzz was all about the "head and shoulders" in the ES. I was off by 12pts, but I'll take an error of less than 0.1%. And for the NQ, I've been posting these since July, last update today. And if you're happy with it and...
  17. dbphoenix

    Trading Price:Phase One:Observation

    Since all of you will be spending hours in replay this weekend, I'd like to point out that this post is a good example -- though not the only one -- of what I'm talking about. It's not about how the market is trying to trick you or catch you or steal your money or any other such nonsense. It's...
  18. dbphoenix

    Easy edges in the markets for retail participants?

    Here's a more productive question: you've not only been told for months where to look for entries but also how to make the entries and yet you haven't. Why not?
  19. dbphoenix

    Ghost of If You Can Draw A Straight Line

    Check it against how your platform plots the NDX. Easy enough to check using the Nasdaq, which is only 20+yrs old. I've looked at it and didn't have any use for it. But if it tests out well for you, there's no reason not to use it. Forecasting a top is pointless, particularly if...
Back
Top