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  1. Redneck

    What are the biggest mistakes a trader should avoid in stock trading?

    Based on how its affecting you / your well being - I would disagree But then..., I don't know anything..., anyway RN
  2. Redneck

    The horrors of losses

    Take a pencil.., and however many sheets of paper - then do the cause / because drill down It'll get you there every time (assuming one keeps it honest) RN
  3. Redneck

    What are the biggest mistakes a trader should avoid in stock trading?

    That takes one hell of a terrible toll Turv (as I am sure you know) Be sure to care for yourself / your well being Sir - stress will age / kill a person quicker than shit RN
  4. Redneck

    trading intraday and time frames

    Trading is an endeavor where both fluidity and rigidity must coexist Without question - what you believe is correct OMS As the mkt rolls - so must we (stay fluid) What ever gives one the best view / read - absolutely..., that's the one to use ==================== Where rigidity comes into...
  5. Redneck

    What are the biggest mistakes a trader should avoid in stock trading?

    Thinking one can trade any thing..., or any way - other than their beliefs - is also a huge mistake Operating against one's beliefs may work for a short time..., in spurts..., or when things are unfolding in a relatively quiet manner But over the long haul / when all hell breaking loose in...
  6. Redneck

    What are the biggest mistakes a trader should avoid in stock trading?

    L2007 You are way too kind Sir :) I do have a thought in mind - we'll see how it plays out ============================= Overlooked a biggie Woefully underestimating the level of discipline required.., and the consistently with which it must be applied - day in and day out..., trade...
  7. Redneck

    What are the biggest mistakes a trader should avoid in stock trading?

    What are the biggest mistakes a trader should avoid in stock trading? Off the top of my head Taking it all way..., way..., way..., too lightly Jumping the gun - in all aspects / thinking they can somehow short circuit / circumvent doing the necessary work (which will take years and a few...
  8. Redneck

    Facebook ($FB)

    Last week the BSDs closed their books - this week..., only the others remained - not a surprise.., nor unexpected What would I like to see: Clean PA / volume come back in Trade-able / sustainable (matters not the direction) moves -> more movement / less volatility (gamesmanship) / trade-able...
  9. Redneck

    I'm 21 years old, couldn't enter University, planning to trade full-time.

    Well I'll be darn..., look what the cat drug in Glad you're back Sir :) RN
  10. Redneck

    Does anyone still keep in touch with "ProfLogic"?

    https://www.linkedin.com/in/william-schamp-18705015 Google is your friend RN
  11. Redneck

    Not trading related

    (may want to move this to chit chat at some point) Wanted to wish all my friends / colleagues here..., A VERY Merry Christmas Happy Hanukkah Happy Kwanzaa Feliz Navidad or Happy Holidays And most importantly... Happy Birthday ========================= May Santa bring you more joy...
  12. Redneck

    The horrors of losses

    Learn to accept losses without being defeated They're an integral aspect of proper trading - period RN
  13. Redneck

    By day trading, is it really impossible to get a 3% return every day without fail?

    Since you're so well connected.., by your own admission - call him up and ask - shouldn't be hard for a insider like yourself Couple of months ago you claimed to not even know who brooks was - even though you posted about him several months ago Nothing but an instigator RN
  14. Redneck

    The 5 Phases of the Boon

    Then put in the effort - learn how to trade..., the mkt..., the participants..., the techniques..., PA..., you instrument of choice's infrastructure Or..., Continue losing This ain't rocket science RN
  15. Redneck

    Oil Fund loses 7 years of gains

    Amazing the benefit a simple ole stop loss would have provided or conversely... The devastation it would have prevented Appears some of theses big bad ole HFs..., aren't any better than a neophyte My former "professional mm" wasn't any better Go figure RN
  16. Redneck

    By day trading, is it really impossible to get a 3% return every day without fail?

    Save yourself heartburn - this is unrealistic (there are inherent limitations) Periodically (monthly / quarterly) sweep the account and start over ====================== There is significant merit to the adage; keep all losses small =================== One thing for certain - You believe...
  17. Redneck

    By day trading, is it really impossible to get a 3% return every day without fail?

    X% return every day without fail? Every day...., with out fail - is problematic (human-ness.., low activity times) Most days - assuming instrument moves are adequate - it solely on the trader to produce RN
  18. Redneck

    I remember 3 or 4 years ago stumbling on ET & thinking there's something special about this place

    The great equalizer my friend.... We all put our pants on one leg at a time And more poignantly - from one trade to the next - none of us ever know ;) RN
  19. Redneck

    Is this a good risk management strategy?

    I could write an entire book Using a trailing stop- you're attempting to circumvent vital trading skills Creating / strictly following a trade plan for each trade Learning to read PA (I mean really read it) Accepting of the risk..., accepting of taking an actual loss.., accepting of allowing...
  20. Redneck

    Is this a good risk management strategy?

    Is this a good risk management strategy?. Unequivocally..., No Immediately or otherwise RN
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