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  1. dbphoenix

    Is day trading worth it?

    Actually it's fear management and is only tangentially related to any other sort.
  2. dbphoenix

    Why do traders fail?

    False comfort. Unless one is capable of determining direction, this 2% risk business does nothing more than postpone the inevitable.
  3. dbphoenix

    switching gears to Price Action via SLA

    Before moving on from this, I will point out to those who are following along that if one focuses on the state of one's trade rather than on what price is doing, he will most likely miss the opportunities being provided by the market. This focus on one's self is a behavior that is difficult to...
  4. dbphoenix

    The Hindsight Thread.

  5. dbphoenix

    Republican States Are More Dependent On Government

    Republican-leaning states are a lot more dependent on the federal government than Democratic-leaning ones. That's according to a recent analysis from the personal finance site WalletHub, which ranked states based on how much they rely on Uncle Sam to support their state finances. To calculate...
  6. dbphoenix

    THE REAL REASON THE AMERICAN DREAM IS UNRAVELING

    You bet. Indoor plumbing. Store-bought soap. Sliced bread.
  7. dbphoenix

    THE REAL REASON THE AMERICAN DREAM IS UNRAVELING

    Better than Lincoln. Wow!
  8. dbphoenix

    The Hindsight Thread.

    The Foresight chart may be found here.
  9. dbphoenix

    A Movie Recommendation for Our Right-Wing Brethren

    Keeper of the Flame It's no surprise that Keeper of the Flame came out in 1942, the same year as Casablanca. In this would-be film noir, the problems of two little people again don't amount to a hill of beans when it comes to fighting fascism in other countries--not to mention the United...
  10. dbphoenix

    Did you hear about the man who entered New Orleans’ airport with explosives and a machete? No?

    A Muslim American man carrying a duffel bag that holds six homemade explosives, a machete, and poison spray travels to a major U.S. airport. The man enters the airport, approaches the TSA security checkpoint, and then sprays two TSA officers with the poison. He then grabs his machete and chases...
  11. dbphoenix

    THE REAL REASON THE AMERICAN DREAM IS UNRAVELING

    If only any of it were worth reading . . .
  12. dbphoenix

    switching gears to Price Action via SLA

    No, you haven't upset me. But you assume that if you make money, you win and that if you lose money, you lose. This is incorrect. You win if you follow your plan. You lose if you don't. The money is irrelevant. If you have a plan, what is it?
  13. dbphoenix

    switching gears to Price Action via SLA

    You have no plan, so it doesn't matter whether you got away with it or not.
  14. dbphoenix

    The Orwellian Obama Presidency

    I'm not. This business of so-and-so voted for it demonstrates a lack of understanding of just how government works. Or business, for that matter. One hires somebody to do a job and make recommendations based on what they've seen, done, whatever. Same with "dems voting for" invading Iraq. If...
  15. dbphoenix

    switching gears to Price Action via SLA

    Yes and no. The later you are, the more likely you are to get stopped out unless you use the "danger point" stop, which is likely too wide for you. In fact, it's too wide for most people. But it's worth keeping in mind even if you don't use it. But what I meant in this example was that it was...
  16. dbphoenix

    switching gears to Price Action via SLA

    Ever give a party and the last guest just will not leave and you wanna go to bed and he stands at the door droning on and on and on about crap you care nothing about?
  17. dbphoenix

    Price Action - NQ II

    Nice, particularly re picking up on the hinges. I'll withhold comment otherwise for now.
  18. dbphoenix

    switching gears to Price Action via SLA

    If you transmit your stops instead of keeping them in your head, you have a choice of how and when they're triggered: bid, ask, last, double last, etc. Or at least you should. This helps to avoid being SO by "glitch ticks", or tick burps. As to my question about the entry being too late, that...
  19. dbphoenix

    The Orwellian Obama Presidency

    And who proposed it? Who urged it? Who insisted that the US would collapse without it?
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