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

So we can conclude if one does not succeed as a trader within 6 months of studying your material one is either too stupid or lazy. Most of your students fit this bill. I'd like to read what your students think of this.

If one does not succeed as a trader within 6 months of studying any material, then he is most likely not suited for trading. If this were not the case, the probabilities of success would fit much more closely a standard distribution.
 
Yes, few succeed. As to the causes, mostly lack of effort. As to when the smooth sailers are coming forward, I have no idea. If you're going to wait for that before reading the material, then your behavior is typical of those who fail.

I for one am using @dbphoenix as one of many gateways to earlier pioneers, including Wyckoff, so even if/when I become successful with what he's teaching being part of my plan, I couldn't credit him specifically as this thread's trying to fish for. I could be wrong, but I don't think the typical successful trader came from a straight path, under a single master's guidance.

So we can conclude if one does not succeed as a trader within 6 months of studying your material one is either too stupid or lazy?

Isn't that arbitrary? Doesn't that depend on the amount of time available per day/week, and on a person's efficiency at using that time? There's no point setting a hard line in the sand; ballpark sure, but deadline? Come on!
 
Isn't that arbitrary? Doesn't that depend on the amount of time available per day/week, and on a person's efficiency at using that time? There's no point setting a hard line in the sand; ballpark sure, but deadline? Come on!

Sorry to interrupt, but with the general availability of replay, "time" becomes very elastic. If one's objective is, for example, to observe and study movement during only the first 90-120m of the NY session and play the sessions at 2x, he can get quite a lot done in a couple of weeks, particularly if he can avoid thinking about entries and exits. If he can, the entry and exit phase goes much faster.
 
Well, not to put too fine a point on it, yes. The extraordinary degree to which some beginners' minds have been fucked surprises even me. Why do you suppose indicators are so popular? As for "pullbacks", what's a "pullback"? Traders have been struggling with that one for at least a century. Donna has taken the statistical route to solving that dilemma and has done so to a sufficient degree for herself, but she as well has found only one person in all these years who will make the effort and do the work to achieve success.

One needn't go far in this forum to find arguments over "trend". That these could go on at all is unfathomable. But they do. And have. For years now. But if one can't define "trend", much less acknowledge its existence, how is he to progress? If one can't define a range, how is he to explore any tactics to trade reversals and breakouts? All of this is preliminary work. It does not just "come".

Man, you deserve a medal for putting up with all this stupidity for years and years. Can somebody recommend DB for a medal? What motivates you to do this and go on and on?
 
Man, you deserve a medal for putting up with all this stupidity for years and years. Can somebody recommend DB for a medal? What motivates you to do this and go on and on?

To a large extent, those basic trainees.
 
As for "pullbacks", what's a "pullback"? Traders have been struggling with that one for at least a century.

You've got a point there. I remember a talk (Adam Grimes I believe) about quantifying those, which still left a lot of grey. My definition is probably very personal.

One needn't go far in this forum to find arguments over "trend". [...] All of this is preliminary work. It does not just "come".

Then I might be headed into an interesting Spring/Summer, because for some reason with my background, what I've seen so far is more or less just common sense. We'll see...

Sorry to interrupt, but with the general availability of replay, "time" becomes very elastic.

Agreed. I finally found a better source than my current setup (moving on to Sierra Chart's historical feed) and when I'll be ready for playbacks I expect that a month or so will go a long way.


Man, you deserve a medal for putting up with all this studity for years and years. Can somebody recommend DB for a medal? What motivates you to do this and go on and on?

Who the hell cares, if he's doing it for free? What's your angle? Ever heard of "giving back"? Why the sarcasm? I for one think that if he positively impacts just one person per year, then the effort of answering everyone's questions in forums is worthwhile. I'm not sure I would though, given the kind of backlash it's causing around here.
 
You've got a point there. I remember a talk (Adam Grimes I believe) about quantifying those, which still left a lot of grey. My definition is probably very personal.

Well, Al Brooks devotes two thousand pages to definition, so it can be made as complicated as one wants it to be.

Who the hell cares, if he's doing it for free? What's your angle? Ever heard of "giving back"? Why the sarcasm?

Lots of unhappiness on trading forums. But then there's a lot of unhappiness in the world in general, which I'm sure you've noticed if you ever read the comments sections on websites.
 
Back
Top