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The purpose of this is to serve as a closet, or attic, or self-storage facility. A place for me to store what I don't want to lose, all in one place, partly for me, but largely for those who may be interested in what I think about market stuff and trading stuff.

I've reserved the right to moderate comments. Assuming that this works, the point of it is to keep the blog on task as much as possible. Substantive questions will be answered, if I can, but good wishes and so forth will not be posted, not because I don't appreciate them, but because all of that is a lot for newcomers to wade through after a while, so please don't be insulted if you don't see your comment posted.

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Good trading.

Note: it may not be immediately apparent that this is neither a journal nor a trading log. Therefore, the chronology of the posts is immaterial. The posts are instead organized according to the "categories" listed in the sidebar on the left.
The Journal
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The Trading Journal

Posted 02-26-2008 at 12:00 PM by DbPhoenix (Dbs Burrow)
Updated 03-07-2009 at 02:40 PM by DbPhoenix

In order to succeed at trading, you must have an edge. Your edge begins with the knowledge you gain through your research and testing that a particular price pattern or market behavior offers a level of predictability and a risk to reward ratio that provides a consistently profitable outcome over time. Without it, one is just "playing" the market in order to have something to talk about on message boards. To get it, you have to know exactly what you're looking for and what to do with it...
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