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  1. dbphoenix

    Can Short Term Trading Be More Profitable Than Long Term

    If one has a thoroughly-tested and consistently-profitable strategy and has the discipline to follow it, there is nothing extraordinary about a relatively high winrate, particularly if the plan keeps the trader out of chop. And even a barely-acceptable plan will cut losers quickly and let...
  2. dbphoenix

    Christianity - For the Record

    Speaking of derail . . .
  3. dbphoenix

    MCD is in big trouble. May not exist in 5 years

    It may not be quite so simple. Since the introduction of direct-to-consumer drug advertising over-the-air in the early 80s, a certain type of consumer has been eager to buy what is advertised. Before then, it was rare to find a consumer who would visit their doctors for the sole purpose of...
  4. dbphoenix

    Christianity - For the Record

    So you don't have the time to actually read the history. That makes many things clear.
  5. dbphoenix

    MCD is in big trouble. May not exist in 5 years

    The information is easy to find online.
  6. dbphoenix

    MCD is in big trouble. May not exist in 5 years

    That depends in large part on the value of the real estate as McD is essentially a real estate company.
  7. dbphoenix

    Christianity - For the Record

    But not enough to actually read the history yourself? :)
  8. dbphoenix

    MCD is in big trouble. May not exist in 5 years

    The book value is 13.35, so one can expect at least that.
  9. dbphoenix

    The Trouble With Scribbles

    An update on Scribbles v Grail: At the close, G was 9pts in the hole and missed the entire upmove from 4368 (approximately 60pts, low to high). S traded both sides throughout according to its rules.
  10. dbphoenix

    The Trouble With Scribbles

    Looks like a 16pt move up total.
  11. dbphoenix

    Those wacky liberals...

    Senate Minority Leader Harry Reid was asked who he believes will be the likely 2016 GOP nominee. “I don’t really care,” Reid said in an interview with CNBC. “I think they’re all losers.”
  12. dbphoenix

    noob trader looking for some advice from pros

    My last post to this thread. Again, good luck.
  13. dbphoenix

    The Trouble With Scribbles

    I closed my journals when they went past a thousand. A thousand is just bedtime reading. Now if you want too long . . .
  14. dbphoenix

    The Trouble With Scribbles

    I don't know that I'd call it a scalp. It's worth 14pts so far.
  15. dbphoenix

    noob trader looking for some advice from pros

    You may do a search of ET if you like. There's been no mention of him since '09.
  16. dbphoenix

    noob trader looking for some advice from pros

    A Google search of "oscar carboni", first page, excepting Carboni's own venues: Oscar Carboni Snake Oil Salesman? YES! livewithoscar ... https://oscarsnakeoil.wordpress.com/ Jun 4, 2010 - Oscar Carboni BUYER BEWARE! Please read this before joining. Not everything is as it looks at the OMNI...
  17. dbphoenix

    The Trouble With Scribbles

    I'm going to assume that this individual has two accounts and is short in one and long in the other (note the "buy" notation after 0945). It is otherwise not possible to be both short and long the same instrument at the same time.
  18. dbphoenix

    noob trader looking for some advice from pros

    No, I suggested that the best way of evaluating the opinions of others is not necessarily to ask the opinions of others. But, if that's the course you choose to follow, again best of luck to you. (Incidentally, if your friend has been making a living at this for 20 years and hasn't heard of any...
  19. dbphoenix

    noob trader looking for some advice from pros

    If the only way you know to evaluate the opinions of others is to seek the opinions of others, you will quickly find yourself in a loop. And while it may be true that you can't evaluate these sources due to your being ill-informed, it is not true that the only way to become informed is to learn...
  20. dbphoenix

    The Trouble With Scribbles

    What you drew is relevant only for that segment for which you drew it. Once price broke above 4400, it was no longer pertinent.
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