Search results

  1. Redneck

    The price action facebook journal

    AM Not going to hindsight trade 4 – rather tell you what I see In a nut shell you entered long as price was pulling back in the form of a range And though the PB ultimately held – it did so with less momentum and subsequently formed the range in grey on the 5 min (over the lunch...
  2. Redneck

    The price action facebook journal

    If I had entered long where you did – a breach of the cyan (light blue) colored line (the line connecting the 3 lows on my attachment) is where I would have exited (price stopped moving up) Look for the next occurrence of one of my set ups ============== I’ll break down trade 4...
  3. Redneck

    The price action facebook journal

    So there no ambiguity in my something to ponder Turned out where you entered was bad for both longs and shorts We’ll never know that ahead of time Trade stops working GTFO Realizing doing so – there will be times when price shoots back off in your direction without you – and...
  4. Redneck

    The price action facebook journal

    Trade 1 The whipsaw – is opening volatility – lasted till ~ 9:53ish Either stand aside till it clears... or plan on trading a rollercoaster – every morning (which means one must be especially adept) I’ve attached a pic of that trade (something to ponder) You want me to look...
  5. Redneck

    The price action facebook journal

    Trade well today AM - as you did yesterday RN
  6. Redneck

    Catch a Trader -- PBS Frontline documentary

    Thank You RN
  7. Redneck

    is it a joke that I want to trade full time to make a living with only $30,000?

    It'll be a joke if you treat it as such It'll be a failure if you unsure of your trading skill / method (or lack either) ============= Given that you're asking - I would respectfully suggest you proceed with caution All ideas remain ideas.., and unproven - till proven Trading...
  8. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    For folks following JIH's journal... He and I are holding a simplification intervention Holy Mother of God!!! (inside joke) :p RN
  9. Redneck

    If you could go back in time to when you were a new trader

    I think I get what you’re meaning…, though it not what you typed Too much emphasis on plan.., not enough on trader It’s called believing/ interpreting exactly what you see Allow me to redo ========== A trader is worthless if they don’t follow a plan RN
  10. Redneck

    If you could go back in time to when you were a new trader

    If you ever progress to a point where you can see real time an intraday move begin on a 1 min..., ripple through time and end up on a daily Or likewise start on a daily...,ripple through and end up on a monthly / quarterly You may rethink this statement Until then; Suffice to say...
  11. Redneck

    If you could go back in time to when you were a new trader

    Don’t repeat mistakes – they only get ingrain and are harder than hell to rework Keep it simple and focused solely on price / volume / time Keep losers small Listen to no one – well maybe a very select few Don’t go live till you can SIM profitably (goes without saying but I...
  12. Redneck

    The price action facebook journal

    AM, Get some rest and recharge the ole psyche Sir… we’ll do it all over again next week ======================= Your trading metal will be hand forged by managing each & every trade – 100% of the time…, with zero lapses No matter it a win... loss... or B/E And though I...
  13. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Good stuff my thought; Where your first up TL is…, should have one just before it – starting at the same point, but at more of an up angle Then viewing/ comparing the two – you see (“can gauge”) that selling strength increasing / conversely buying strength decreasing Also...
  14. Redneck

    The price action facebook journal

    AM You have a consistent approach..., let’s not jack with it… and only enhance it when/ as you’re prepared to do so Knowing no matter how consistent – ALL approaches have losing trades – fine Identify the point where each trade stops working - and exit if/ when hit No...
  15. Redneck

    The price action facebook journal

    First off AM Any further demeaning/ defacing/ derogatory bullshit comments about a losing trade(s) – I’m out of this thread Serves no purpose Neither will it serve a purpose for me to tell you what you woulda / coulda/ shoulda I can hindsight both trades till the cows come...
  16. Redneck

    The CL/NQ experiment

    Upbringing (how one is raised) and environment ============ One's subconscious can be changed (akin to reprogrammed) I know But it ain't easy... it takes time... changes are gradual... and the process is fraught with a hellofa lot of backtracking (at times too damn much imo) But; it...
  17. Redneck

    The price action facebook journal

    This is precisely what you do not want to do Never shy away.... doing so could begin a penchant of avoidance Post it and learn.. also learn to embrace em... And realize... in the beginning..., losers have ability to teach much Besides, its trading - we all have losses pfffttt...
  18. Redneck

    The CL/NQ experiment

    One’s default way of thinking / acting / reacting / even acting out It’s what one does without thinking… and what one reverts to in times of trouble / stress (especially stress) Some fight… some flee Furthermore Some embrace reality... even if it hurts (emotionally)… while...
  19. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Take yer time and get it right JIH (so it making sense to you) Mkt will be here... and so will we :) RN
  20. Redneck

    Roofs, Trucks, Campers and Dixie Chicks

    Ridin and working = Wolverine Out on the town = Lucchese Out putzin around = Justins (good for country dancin also (2 steppin / 3 steppin) Pointy toe anything on a guy = hell no Line dancing = spectator sport RN
Back
Top