If he's been losing money for six years during a seven-year bull market, he's obviously on the wrong path. You may want to consider putting your money in an index fund. So might he. However, if you decide to trade, I suggest you investigate that link to trading plans. Without one, you'll fail.
I have not changed, but I did my research and began to uncover bullshit. One is allowed to change his mind about something or someone, no fault or mistake on that.
And yet nothing specific from you? No one believes you. No one. Research? No one believes you. Anyone who says they believe you is a fool as you've provided no data, no specific criticism, nada. This is all just internet forum sport for you. "Began to uncover bullshit" ... geesh, is this what passes for intelligent trading forum discussion at ET now? Like I said, those who can day trade based on price and make money consistently act a certain way. It is not your way. Everyone out there in TV land is free to decide for themselves what is what. They can start by comparing DbPhoenix's seventy-three page SLA/AMT pdf to your current 205 trading forum posts record. If you trade by price, there is nothing in DbPhoenix's document that should contradict your own experience of how the market works. If you don't trade by price, or you do not believe in the potential efficacy of price action analysis, then you are silly to spend your time trolling this thread.
My comment specifically was directed at your calling BS and yet providing nothing by the way of intelligent and specific criticism. I leave to others to decide for themselves whether or not your having called BS is sufficient to concede the argument to you. I'm just pointing out you've provided nothing substantial. Nothing.
Absolutely. That's why i've been trying to find info on daytrading without charts (being that everyone who uses them seems to lose), but people are very reticent with the info in my search so far.
Charts are merely another means of displaying transactions, like a T&S display, or a ticker tape. If "everyone who uses them seems to lose", it's most likely because they don't know what they're looking at and thus don't understand it and therefore don't know what to do with it.
It's incomplete and it has a very common "Achilles' Heel". However, I'm not here to complete anyone's work just warn the newbies, it's a framework, that much I will agree, but don't act like it has answers to every imperative system question, because it does not. Yet, the creator and you chills act like it's the perfect solution for those struggling, except it is not. I admired the initial intentions, but then as I dug into the details and noticed how DbPhoenix acts when questioned I saw bullshit, and that left a very sour taste in my mouth. As I said, wishing you good trading.