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  1. Redneck

    Why Is The Obvious Not So Obvious?

    All I've seen this morning is a meat grinder with an ever so slightly upward bias Obviously the person who held on to this opinion – is a total dip shit RN
  2. Redneck

    Why Is The Obvious Not So Obvious?

    Please give them my Best - Always :) The Never Ending Story... I like that... and a must see no doubt... :D RN
  3. Redneck

    Why Is The Obvious Not So Obvious?

    Disclaimer I do not trade YUM Do not take what I’m about to post as any sort of recommendation – I’m simply trying to share some context so the ones interested can enjoy tomorrow's story time Also DO NOT take my post here as a slight to this thread… Step 1 is to get your mind...
  4. Redneck

    Why Is The Obvious Not So Obvious?

    Well Sir Truth be told – I don’t really read the book… it is read to me – like my grandparents did when I was but a child…. I simply need to shut up and listen… And of course since I am listening intently, with an unadulterated mind, I get totally engrossed, totally absorbed...
  5. Redneck

    Anger

    R8 YOU are doing dumb things YOU are getting angry when adversity strikes Hmmmm ================================== Whatever system you’re using 1.) It is inanimate 2.) It will have losers and winners 3.) It doesn’t know you exist...
  6. Redneck

    Anger

    R8 After, and assuming you do, work this out – you’re going to find that you don’t trust yourself You simply don’t trust yourself to take the correct action – at the appropriate time =========================================================================== The strategy/...
  7. Redneck

    if volatility wears you out

    Had two other thoughts on volatility (and yes it was painful) Volatility covers (makes up for) poor trading skills - don’t believe me, wait and see -------------------------------------------------------------------------------------------------------------- Second thought...
  8. Redneck

    Anger

    That which makes us angry – also controls us (ain’t that a pisser) Two ways to control anger – Internal and External Figure out which bests suits you and pursue the solution Btw if you go the internal route and diffuse the root (what’s actually causing you to get angry) –...
  9. Redneck

    How can I fix this psychological problem?

    Off the top of my head; Figure out traders are risk managers first, and foremost Realize what stops are for – and use then (and don’t say you do, while also saying you act foolish with money) Remove the profit from your account – so it’s not accessible to lose Learn to...
  10. Redneck

    Why Is The Obvious Not So Obvious?

    English – is a language…, as is French, Latin, and Ket This post of TO’s contains a couple of different languages…… Price too has a language – one only need learn it Then trading becomes simply reading a book, as it is being written…. Every day a new page…. Every gap a...
  11. Redneck

    if volatility wears you out

    Posts like these make me go Hmmmmm Some of the best intraday targets… and some of the lowest risk intraday entries – are when the monthly, weekly, and daily line up As for volatility – it must be respected first.., and foremost – then exploited second But then again – what...
  12. Redneck

    How good would you consider a trader is if they breakeven

    Jack You there jack… I need you man The office – its spinning – in both directions…. I have diarrhea, itchy bowel syndrome, and the farts… Damnit I just pissed myself – Jack help me please….. The candles – they are talking to me jack… they’ve jumped off the...
  13. Redneck

    How good would you consider a trader is if they breakeven

    Hey Jocko Tomorrow, just prior to the open I’m going to take some Prozac…. chase it with a six pack of Red Bull… and follow that with a pot of Robusta…. May even throw in some DPs for good measure THAT’LL GET ME GOING!!!!!!!!!!! I sincerely hope you think about this...
  14. Redneck

    How good would you consider a trader is if they breakeven

    So you think cutting losers quickly…… is the same as cutting losers prematurely Not even close RN
  15. Redneck

    How good would you consider a trader is if they breakeven

    Cutting losers too quickly is a matter of learning, gaining experience, then refining your trading (where you set your stop) Noting some losers eventually turn into winners - is hindsight trading - and will get you into trouble (a big ass loser) one day My humble suggestion is to stop...
  16. Redneck

    How good would you consider a trader is if they breakeven

    That is perfect - and exiting is appropriate - so long the reason for getting in has been invalidated And you don't hold winners because - ?? (you fill in the blank) RN
  17. Redneck

    How good would you consider a trader is if they breakeven

    This post is counterintuitive – but think on it please Holding a winner is uncertain, and hence uncomfortable Holding a loser is certain, and comfortable (sick as that is) ================================================= You’ve resolved the latter…. Hold onto that – and...
  18. Redneck

    How good would you consider a trader is if they breakeven

    I’d say he/ she is managing losers well… but when a trade is profitable – needs to put more wood to work – or the same longer - or both.... ----------------------------------------------------------------------------------------------------------------------------------- fwiw...
  19. Redneck

    Exact Time of Fed Announcement?

    12 step gamblers anonymous mtg is down the hall, on the left RN
  20. Redneck

    Rimm

    Rereading this post, and my subsequent reply – I didn’t respond as clearly as I should have So here’s the deal ================================================================== FF posted that he had entered a long position – then said he’d post the result Position turned...
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