Sorry..., to be more specific
He is a non-trading bullshitter..., trying to come across as a trader.., while doling out advice accordingly
RN
Why is dbphoenix back?
- Thread starter Maverick74
- Start date
Sorry..., to be more specific
He is a non-trading bullshitter..., trying to come across as a trader.., while doling out advice accordingly
RN
WTF? The quality of the content at ET really improved after he and his cockroaches left. Now they will be crapping all over the place again.
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Db is the most knowledgeable trader on the planet within the areas he specializes. He's an extremely prolific poster with 20k posts. The majority of his posts are focused on trading. He often includes multiple charts in each post illustrating the concepts many traders have proven we're interested in discussing. He's posted more charts to ET than any other trader.
I'm interested in your ideas about trading. About why the illustrations on 1 chart are better than another. The other stuff doesn't interest me. It bothers me when you're focused on things other than the trading concepts, methods and ideas.
Particularly given I owe u for modeling discipline.
One is not better than another - it all the same PA
The one / ones that fit your personality is the best
======================
Bothers me (pisses me off) when someone peddles bullshit and ego to aspiring traders who don't know enough to see it
I was one of the "didn't know enough" at one time..., and fed my portion +..., of pure BS
===============
All I ask is that you pay it forward
RN
Traders have thoughts, feelings and opinions that can be defined as normal and predictable. They determine our behavior which in turn creates the non-random artifacts in price action. The smartest traders can read us and see our thoughts, feelings and actions or behavior in the randomness.
The never do wells say it's impossible for price action patterns to work because the same patterns exist in randomly generated data. IMO they've never truly tried to understand and separate cases of price action which contain the signatures of traders behavior from patterns that simply match generic categories of price action conditions that look like and satisfy many physical characteristics of non-random price action.
Dbphoenix says we're idiots if we're looking for patterns. There aren't any non-random patterns in price. There's only non-random behavior. Anyone thinking this distinction is a stupid semantic false flag has a lot to gain by debating this nuance, perhaps the only nuance that can save your accounts from us. I'm not qualified to debate it without making the error of showing precise quantifiable differences I'm unwilling to disclose. Somehow, Db always handles this with grace, IOW IMO it's not going to be easy for anyone to 'get' what Db teaches. Yet he, I, and many others say is it's simple once you get it.
Does Dbphoenix get it himself? Have his apprentices like fortydraws gotten it better than Db? Is 40 simply more generous or unaware of what he's giving away? Is it even true that Db is back on ET? Is anyone else pumped up about all this? Is everyone ready to pounce and call him names like Ditch does?
Are the moderators ready? Is name calling fair game or do I have to restrict my counter-attacks to debating the known FACTS such as those which are banned from discussion on MarketSurfer's thread because some truth's are simply so bad it's bad for business? Is it true enhanced ignore is never going to be implemented?
The never do wells say it's impossible for price action patterns to work because the same patterns exist in randomly generated data. IMO they've never truly tried to understand and separate cases of price action which contain the signatures of traders behavior from patterns that simply match generic categories of price action conditions that look like and satisfy many physical characteristics of non-random price action.
Dbphoenix says we're idiots if we're looking for patterns. There aren't any non-random patterns in price. There's only non-random behavior. Anyone thinking this distinction is a stupid semantic false flag has a lot to gain by debating this nuance, perhaps the only nuance that can save your accounts from us. I'm not qualified to debate it without making the error of showing precise quantifiable differences I'm unwilling to disclose. Somehow, Db always handles this with grace, IOW IMO it's not going to be easy for anyone to 'get' what Db teaches. Yet he, I, and many others say is it's simple once you get it.
Does Dbphoenix get it himself? Have his apprentices like fortydraws gotten it better than Db? Is 40 simply more generous or unaware of what he's giving away? Is it even true that Db is back on ET? Is anyone else pumped up about all this? Is everyone ready to pounce and call him names like Ditch does?
Are the moderators ready? Is name calling fair game or do I have to restrict my counter-attacks to debating the known FACTS such as those which are banned from discussion on MarketSurfer's thread because some truth's are simply so bad it's bad for business? Is it true enhanced ignore is never going to be implemented?
Not all the patterns that match any given set of requirements will include trader behavior, unless you're explicitly defining the behavior you're looking for. There are always numerous cases of near matches unless you're looking for patterns specifically focused on identifying trader behavior. Fear, greed, stubbornness, ...panic, exuberance, ignorance. Not every case of a setup has a signature of traders behavior. When traders recognize this subtle difference and begin focusing on the behavior then some behavior patterns become more important than others. IMO traps rule the markets but that's due to my inexperience. There's a huge world of setups I've not even begun to imagine.