Is day trading worth it?

DP and LF what is your guys motivation?

We all have been thoroughly warned about the evil intent of Nodoji and Dbphoenix.

The way I see it, is they are sharing a way to possibly trade. Its up to the individual to determine if it has worth.

I am a 52 year old adult, I can determine and take full responsibility for my actions.

I have learned a hell of a lot from Donna about the markets. She has been an asset to this forum as far as I am concerned.

Dbphoenix has also given freely, he isn't forcing me to trade his way. He has a lot to offer, which he does.

In either of your last 100 posts see what you guys have given, honestly, go back and read thru what you said, any market advise, besides staying away from Satan's helpers.

Maybe it is just away to keep ET buzzing.

I think we can all say we have been warned.
 
dbphoenix said:
And still do, though I have yet to understand what difference it makes how much I earn or even if I earn anything at all. I've provided a detailed trading plan along with its rules, which few people do. All one has to do is read it and take it for a test drive for a couple of weeks, but the trolls never do. They never even bother to read it. They'd much rather feel sorry for themselves, which is the primary reason they continue to fail.

I guess they think their comments bother me, but why should they? They're just anonymous online strangers.
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It matters because you state otherwise. You stated outright that you called the NQ moves two weeks ago in advance. That was a fabrication on your part. Neither move was called before the fact.

You stated on this board that you "have an 80% "winrate" and PNL better than 10x losers" which is preposterous.

You've been trading all week and produced one scratch. Your protege took a loss on the same move.

People ask for proof as you imply that you're successful, but only after the move occurs. So by extension... if you're the expert on these TLs, and you can't prove a thing, then what hope do your desperate acolytes have? WTF should anyone listen to your voluminous BS?
 
Grandluxe said:
I only had 2 trades. :mad:

Can you tell us about the trades you took?
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Yeah, she shorts the top and covers at the low. Same as DBP's 60 and 80pt NQ winners. She makes 10x the haircut on CL but trades one lots. She posts blotters, but all of which were days she lost 10-20% of her account.

This absurd TL methodology is fleshed out, right? So how about some REAL-TIME application of principles. Wouldn't that be the next step? Prove it empirically for all to see. Why so scare?

I don't disclose my directional or vol method in the thread, but have done so elsewhere on this site. If I can post complex vanilla positions on here then futures are a breeze. Three guys (excluding myself) traded every position. Most of whom did better than I did (Doobs) as I tend to trade marketable and they received better fills on entries.

http://www.elitetrader.com/vb/showthread.php?t=253092
 
drownpruf said:
It matters because you state otherwise. You stated outright that you called the NQ moves two weeks ago in advance. That was a fabrication on your part. Neither move was called before the fact.

You stated on this board that you "have an 80% "winrate" ang PNL better than 10x losers" which is preposterous.

You've been trading all week and produced one scratch. Your protege took a loss on the same move.

People ask for proof as you imply that you're successful, but only after the move occurs.
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You keep dredging up this old stuff that I've addressed again and again. As for my "one scratch", that was for a 90m period of trading in real time in one day, complete with "call". And then you complain that I'm posting so much. And then you complain that I'm not posting enough. Do you want me to show you how to follow price tick by tick all day for a week? A month? Or do you want me to not post at all? If the latter, why do you keep lining your cage with old newspapers?
 
dbphoenix said:
You keep dredging up this old stuff that I've addressed again and again. As for my "one scratch", that was for a 90m period of trading in real time in one day, complete with "call". And then you complain that I'm posting so much. And then you complain that I'm not posting enough. Do you want me to show you how to follow price tick by tick all day for a week? A month? Or do you want me to not post at all? If the latter, why do you keep lining your cage with old newspapers?
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You have approx. 60 posts this week. One trade that you were desperate to avoid publishing and it was a scratch. Your boy lost money. You're a scammer. That would be ok if you weren't such a prolific dilettante wasting O2 with these missives with nothing of substance to show for it ($).

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Grandluxe said:
I only had 2 trades. :mad:

Can you tell us about the trades you took?
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Sure, took that initial TL BOPB long, my target wasn't taken, so I scalped a bit out of it, then re-entered on the 2nd pullback to it and did lock in my min tgt.

I shorted 99.60 after the news release for a scalp and then thought it would break down and let it take me out b/e :(

Bought 99.57 after the .43 internal double bottom, got tgt on that.

Bought 99.67 during the 11:42 bar, clean 1-2-3 setup off the adjusted LTL and took profit at the upper channel in the 99.90's

Shorted the break of the 12:50 5-min bar because of the triple top formation, target .81 (previous breakout of 99.80 resistance likely to become support) and proximity to the LTL.

Didn't go long off of that because by the time it became a valid signal per my plan, it didn't pullback to where I wanted to buy.
 
NoDoji said:
Sure, took that initial TL BOPB long, my target wasn't taken, so I scalped a bit out of it, then re-entered on the 2nd pullback to it and did lock in my min tgt.

I shorted 99.60 after the news release for a scalp and then thought it would break down and let it take me out b/e :(

Bought 99.57 after the .43 internal double bottom, got tgt on that.

Bought 99.67 during the 11:42 bar, clean 1-2-3 setup off the adjusted LTL and took profit at the upper channel in the 99.90's

Shorted the break of the 12:50 5-min bar because of the triple top formation, target .81 (previous breakout of 99.80 resistance likely to become support) and proximity to the LTL.

Didn't go long off of that because by the time it became a valid signal per my plan, it didn't pullback to where I wanted to buy.
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PROVE IT. Post calls in r/t. Pick one.
 
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