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

No I'm not implying that. Just wanted an example of someone that has come out of the observation stage because that appears to be were people get lost.

Thanks for the background and congrats on your success.

 

All this observations is nice,

but In my opinion tt's not consistent and mechanical enough to be exploited as an edge.

 

I should point out for those who may be interested that the only people who've completed the observation stage, that I know of, are Gringo and 40D. Few people even begin it, much less finish it.

 

If you have a look at the site 40D mentions (http://www.trading-naked.com/) you will find a fully defined trading method called Floor Trader Method. Test it, make it your own and you will find success...

 

Eventually you will not need the MAs and you'll be a proper old school PA trader

 

I think at this point, I'm just gonna make the kp trading method and stick with that!

 

Hopefully your method doesn't involve timing a reversal using a 5 second wiggle...

 

That's not the purpose of it.

 

You're right.. that's getting in too late... gonna use a 1 tick chart.

 

Marketsurfer has made a ton of profitable livecalls on ET, how many has your gurubuddy made?