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Search: Posts Made By: DbPhoenix
Forum: Traders Hideout August 8th, 2015, 12:15 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
A beginner, on the other hand, has no need to...

A beginner, on the other hand, has no need to concern himself with size as he shouldn't be trading more than one contract, or a handful of shares, and only then after developing the abovementioned...
Forum: Traders Hideout August 7th, 2015, 07:57 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
The implication is that the "trading worldview"...

The implication is that the "trading worldview" centers around losses. It can at some point center around losses, depending on how the trader begins his journey. If he doesn't understand how markets...
Forum: Traders Hideout August 6th, 2015, 09:03 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
Losses are unavoidable and inevitable. If one...

Losses are unavoidable and inevitable. If one "can't afford to lose", then he will be unable to accept that inevitability, in which case he shouldn't be trading at all.

A thoroughly-tested and...
Forum: Traders Hideout August 6th, 2015, 07:53 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
In terms of trading, however, the fear of loss...

In terms of trading, however, the fear of loss has little to do with how much money one has to waste. The fear of loss has more to do with whether or not one has any idea what he's doing.

The fear...
Forum: Traders Hideout August 6th, 2015, 07:08 AM
Replies: 138
Views: 57,058
Posted By DbPhoenix
Strange intersections this morning. After reading...

Strange intersections this morning. After reading Grausch's post above, I checked my email and found this:

I suppose one reason this thread hasn't attracted more attention or posts is because most...
Forum: Traders Hideout August 4th, 2015, 06:24 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
Actually, though I may have mentioned this...

Actually, though I may have mentioned this before, the issue lies in having a consistently-profitable trading plan. Without that, position sizing and money management are irrelevant. Without that,...
Forum: Traders Hideout August 4th, 2015, 07:18 AM
Replies: 138
Views: 57,058
Posted By DbPhoenix
Given the turnover, it's not surprising that the...

Given the turnover, it's not surprising that the same topics come up again and again and again. The only real difference between now and twenty years ago is the interest in forex, and given the...
Forum: Traders Hideout August 3rd, 2015, 11:03 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
Making a journal public, however, encourages a...

Making a journal public, however, encourages a certain looseness with the truth in some traders. But lying to oneself doesn't improve the account balance. This is not to say that some don't continue...
Forum: Traders Hideout August 3rd, 2015, 03:22 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
If you want to improve your trading, what you...

If you want to improve your trading, what you need to do is very simple. Before you enter any trade, think that you will have to explain this trade to the world in a case study format. You have to...
Forum: Traders Hideout August 3rd, 2015, 07:26 AM
Replies: 138
Views: 57,058
Posted By DbPhoenix
Unless one has a thoroughly-tested and...

Unless one has a thoroughly-tested and consistently-profitable trading plan, he will also learn bad habits trading real money in a real account in real time -- just a different set: revenge trading,...
Forum: Traders Hideout August 2nd, 2015, 09:06 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
Just like '99.

Just like '99.
Forum: Traders Hideout August 1st, 2015, 04:38 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
By the third day of their honeymoon in Las Vegas,...

By the third day of their honeymoon in Las Vegas, the newlyweds had lost their $1,000 gambling allowance. That night in bed, the groom noticed a glowing object on the dresser. Upon closer...
Forum: Traders Hideout July 30th, 2015, 05:45 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
If one jumps into something or other in order to...

If one jumps into something or other in order to "learn how to trade", he will most likely learn instead that he has chosen the wrong path to learning how to trade. Even if he does so only with money...
Forum: Traders Hideout July 29th, 2015, 11:08 AM
Replies: 138
Views: 57,058
Posted By DbPhoenix
I agree, though one must define "plan". Go long...

I agree, though one must define "plan". Go long if it looks like it's going to go up -- or because one feels that it's going to go up -- is not a plan.

Curious that one will trade without a...
Forum: Traders Hideout July 29th, 2015, 06:01 AM
Replies: 138
Views: 57,058
Posted By DbPhoenix
What is generally overlooked with regard to...

What is generally overlooked with regard to simtrading is that it is the sixth step in a seven-step process. If one doesn't go through the steps leading up to it, then it is unlikely that he will get...
Forum: Traders Hideout July 28th, 2015, 10:18 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
Well, thanks, but they're hardly everything one...

Well, thanks, but they're hardly everything one needs to know :). If nothing else, they attempt to put the beginner and the damaged trader on a course that will enable them to rack up a reasonable...
Forum: Traders Hideout July 28th, 2015, 09:03 PM
Replies: 138
Views: 57,058
Posted By DbPhoenix
You needn't spend a dime to learn how to trade....

You needn't spend a dime to learn how to trade. Once you've developed a trading plan (https://nexusfi.com/beginners-introductions/36394-hi-how-do-i-get-started.html#post504957) and are consistently...
Showing results 1 to 17 of 17

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