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

Discussion in 'Educational Resources' started by FeetFirst, Feb 10, 2015.

  1. the entry on trend continuation on pullback to the line and exit on line break, im saying on nq and es itll lose money, on tf and cl it does better however the equity curve aint pretty and pf is to low to be tradable.
     
    #261     Feb 20, 2015
  2. Ditch

    Ditch

    You reap what you sow, you're the master of pointless digs.
     
    Last edited: Feb 20, 2015
    #262     Feb 20, 2015
  3. Ditch

    Ditch

    Disclaimer nr. 2: you're missing the context
     
    #263     Feb 20, 2015
  4. dbphoenix

    dbphoenix

    Unless you define all this, "saying" is insufficient for formulating any hypotheses, much less drawing conclusions. If as yesterday one has a potential 2pt loss and 16pt gain, that is at least an okay P:L ratio.
     
    #264     Feb 20, 2015
  5. yes, on a single trade the profit target is much higher then the stop loss, however looking at a series of trade, youll realize that the average profit per trade is very low due to the low win pct.
     
    #265     Feb 20, 2015
  6. what context ?.
     
    #266     Feb 20, 2015
  7. dbphoenix

    dbphoenix

    If you can't define the range, the breakout from the range, and the entry at that breakout, then the results of any analysis of a series of trades will be meaningless.
     
    #267     Feb 20, 2015
  8. dbphoenix

    dbphoenix

    And so we reach the upper limit of the weekly trend channel. As predicted.
     
    #268     Feb 20, 2015
  9. Yet not one criticizer has referred to the Wyckoff course....
     
    #269     Feb 20, 2015
  10. Who predicted it? I didn't see anyone make that call.
     
    #270     Feb 20, 2015