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  1. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Let's do our job today - nothing more.., nothing less RN
  2. Redneck

    What kind of Edge you have?

    Agreed - the hedge fund's vetting process sucked - hope their trading was better ================== And to anticipate your response You think I can head into Monday resting on what I did last Friday..., last week..., last month..., or year No way in hell Sure you've seen the - past...
  3. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    J, The below post (courtesy of globalarbtrader..., that he posted in another forum) speaks to the importance of process over outcome..., and the proper uses for PnL Click on the embedded links and read what he has to say It holds true for us manual traders as well Good stuff imo RN
  4. Redneck

    Building a systematic trading system part 5 -accounting

    GAT I'm going to plagiarize your opening post here and post it in another member's journal Although we (he and I) are manual traders..., this goes directly to the heart of what is necessary - and reiterates in a much more eloquent way what I've been trying to convey Thank You Sir RN
  5. Redneck

    trading midday

    Low volume times.., price can be steered much easier (MM doing the steering - not the BSD - typically) Move price in a direction - loading up one side - and the commensurate stops Move it the other way - loading up the other side..., and commensurate stops - while collecting the stops of the...
  6. Redneck

    Dang, I'm A Great Paper Trader

    I wish you success Sir It one hellofa journey - but worth it RN
  7. Redneck

    What risk management mistakes did Victor Niederhoffer make to blow up a few times?

    Internal..., faulty..., wiring ego is a bitch..., and a trader killer btw.., there are no great traders - simply traders who have their shit together..., and traders who don't Mkt will always..., and ultimately - identify which category we fall into RN
  8. Redneck

    Paying for a mentor vs. Elite Trader Forum

    One other aspect no one has mentioned When / if / should..., another trader take you under their wing - there is an emotional aspect involved Who would want to help another - yet not also want to see them succeed That takes a toll..., when the one being helped still fails Not sure any...
  9. Redneck

    Dang, I'm A Great Paper Trader

    ;) RN
  10. Redneck

    Dang, I'm A Great Paper Trader

    Point out one successful trader..., who can't also SIM trade successfully Just 1 You won't be able to So - by deductive reasoning - if one can't successfully SIM trade a reasonable approach / methodology - no sense trying to trade for real Simply pissing money.., and emotional capital away RN
  11. Redneck

    Dang, I'm A Great Paper Trader

    I..., 100% support SIM trading Just keep it 100% real - otherwise it useless exercise in mental masturbation RN
  12. Redneck

    Dang, I'm A Great Paper Trader

    Call me crazy SIM account / real account Trying to learn to trade real account via SIM SIM = using unrealistic (unrealistic because it cannot be replicated in the real account) Risk Position(s) Mental approach (the entire damn thing) Yet expecting the unrealistic - to somehow transfer to...
  13. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    J, As you do this..., please keep in mind - this the low volume / volatile time of the year So what may be a good / appropriate revision now - may not be applicable later on this year / even heading into next month There's a fine line between the sweet spot..., and over optimized (curve...
  14. Redneck

    Paying for a mentor vs. Elite Trader Forum

    deciphered Once a newbie trader has sufficiently extracted their head out of their butt - they will begin understanding what the trader has been saying all along :) RN
  15. Redneck

    Paying for a mentor vs. Elite Trader Forum

    Have you ever paid for a mentor? Few times - results = majority not worth the effort One was.., but that was back when I was first getting my feet wet - and did nothing for actual trading RN
  16. Redneck

    Paying for a mentor vs. Elite Trader Forum

    This should be required reading before ever being allowed to post trading questions RN
  17. Redneck

    What kind of Edge you have?

    What kind of Edge you have? The kind that don't easily dull.., break..., even bend - much RN
  18. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    These are not mistakes - they are conscious decisions..., you made Or..., place your focus where it needs to be RN
  19. Redneck

    The day to day psychology of a trader

    Nope And unless / until you figure out why - trading is going to be damn problematic Just sayin RN
  20. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Less weekend frivolity..., more Sunday afternoon / evening preparation (mindset wise) I view this as a surrogate for PnL Just stick to the routine - that is the only goal - trade to trade / day over day / week after week The results will be to your liking ===============================...
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