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

[MadeMan]

All this technical stuff is great for description but when it comes to prediction, it has zero value.

Just listen to the TA folks talk. Its all accurate description with random prediction outcomes.

This is why its so insideous.

anyone who tries to predict is doomed!.. anticipate OK.. cool with that..

but predicting.. lol

anything can happen.. nothing is due.. but there are some assumptions one can make due to certain price behaviour at certain levels.. where one thing is more likely to happen then the other , without risking too much bullets one is capable to shoot if it aint going to happen.. init ?

 

[marketsurfer]

anyone who tries to predict is doomed!.. anticipate OK.. cool with that..

but predicting.. lol

anything can happen.. nothing is due.. but there are some assumptions one can make due to certain price behaviour at certain levels.. where one thing is more likely to happen then the other , without risking too much bullets one is capable to shoot if it aint going to happen.. init ?

Sure, no doubt. But i maintain that if the market is moving higher and you go long, or moving lower and you short--- it has the same odds of winning as any TA pattern.

The real key , if you dont have a real edge, is money management.

surf

 

[kut2k2]

All this technical stuff is great for description but when it comes to prediction, it has zero value.

Just listen to the TA folks talk. Its all accurate description with random prediction outcomes.

This is why its so insideous.

http://www.elitetrader.com/et/index...fitably-backtested.147576/page-5#post-2218032

Doesn't look like random outcomes to me.

 

[Scaleout.Scalper]

so the only thing thats "missing" is the blotter?

Its missing a real predictive factor, the no calls and no blotters is what raises the flag to those not in the know.

 

[Scaleout.Scalper]

anyone who tries to predict is doomed!.. anticipate OK.. cool with that..

but predicting.. lol

anything can happen.. nothing is due.. but there are some assumptions one can make due to certain price behaviour at certain levels.. where one thing is more likely to happen then the other , without risking too much bullets one is capable to shoot if it aint going to happen.. init ?

Wrong every trade is a prediction, even if you are reacting. BTW dont play games with semantics, anticipate is a synonym of predict.

 

[marketsurfer]

http://www.elitetrader.com/et/index...fitably-backtested.147576/page-5#post-2218032

Doesn't look like random outcomes to me.

"I also recall hearing stories of people losng money in the stock market". From your link.

LMFAO! surf

 

[kut2k2]

"I also recall hearing stories of people losng money in the stock market". From your link.

LMFAO! surf

Of course some people lose money in the stock market. Wtf does that have to do with your fairytale that TA never works?

Dude, if you can disprove the backtest results, then do it. Otherwise you're just blowing your usual smoke.

 

[dbphoenix]

You've got to hand it to marketsurfer for making yet another thread about him. Again.

It's a gift.

 

[bgk]

Looking for a show of hands from any traders that attributes their success to mainly dbphoenix's teachings.

You posts would carry more credence if you can point to posts on ET, T2W, TL or BM showing some sort of interaction with dbphoenix and progression showing an arc of improvement.

I am among the curious ones....what are these teachings? And,they bring about success? Interesting.

 

[Ditch]

Mandatory reading for linedrawers:
http://www.elitetrader.com/et/index...rtheless-think-theyll-be-millionaires.289608/