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  1. Redneck

    Yukoner's 2015 Psychological Journal

    Good Job YK It's a bitch at times..., but it's also the only way we can perform consistently Make this your #1 priority above all else - and whenever you're not - cease trading till you get there RN
  2. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Same ole.., same ole J Let's do our job today Early on as possible - identify the environment - on your TTF (chop / range/ trend) and trade within it - and keep on it like stink on shit Nothing fancy (made up)..., no BS - iow stick to each plan See Ya this afternoon RN
  3. Redneck

    Breakout Trading - Smart Play or Fool's Game?

    More accurate view (imo) of the 15 min FB RN
  4. Redneck

    Breakout Trading - Smart Play or Fool's Game?

    15 min FB for shits and grins RN
  5. Redneck

    Breakout Trading - Smart Play or Fool's Game?

    To close the loop Heading into next week - range has evolved from horizontal to diagonal Now, please do not take this to mean I have a downward bias - I have no bias Context is not a forecaster - context is used to measure / gauge - current PA ======================= Tomorrow, being the...
  6. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Yup..., and another one coming on fast What you do today - will affect how you perform tomorrow So make ready..., and prepare properly today btw..., good to know Mondays are a bitch - that way we're ready for it / them :) RN
  7. Redneck

    Thinking About Going Full Time Trading - Want to Make $100K a Month

    Not losing..., is impossible - losing small is Consistency begets consistency ================== 250 days (there 249 this year) X 4800 = 1.2M 1.2 / 12 = 100k Need to factor in losing days - there will be You're starting with 100K trading account - figure out how much of whatever it is...
  8. Redneck

    Yukoner's 2015 Psychological Journal

    Hey MO There a few ways I could go about answering this I'll stick to the one that addresses YK..., and the point I'm trying to drill into him But first - the whole notion of positive expectancy, for a manual trader - is false hope - imo of course It (the term positive expectancy) has also...
  9. Redneck

    Yukoner's 2015 Psychological Journal

    3 different people are assigned the same task This task requires minimal physical effort..., and only 2 actions (hit a mouse key) that will result in one of two outcomes (enter / exit)..., or stand pat However..., this task does require clear thinking so as to result in consistent...
  10. Redneck

    AR15 advice

    God Bless Texas - we finally saw the light http://www.cbsnews.com/news/texas-poised-to-allow-open-carry-of-handguns/ RN
  11. Redneck

    Yukoner's 2015 Psychological Journal

    Day 1, trade 1 Day 1, rest of trades ========================= Day 2 ===================== Till you see..., then resolve - the reality of things This is exactly what we have...., this is all we have...., and this is all we'll ever have Everything else..., up to and including any...
  12. Redneck

    Breakout Trading - Smart Play or Fool's Game?

    RBO? We'll see RN
  13. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Same ole.., same ole J Let's do our job today (then enjoy a weekend) Early on as possible - identify the environment - on your TTF (chop / range/ trend) and trade within it - and keep on it like stink on shit Nothing fancy (made up)..., no BS - iow stick to each plan See Ya this afternoon RN
  14. Redneck

    Breakout Trading - Smart Play or Fool's Game?

    A28 How about tomorrow evening we break this down and discuss Sir RN
  15. Redneck

    Breakout Trading - Smart Play or Fool's Game?

    One other thought In a range universe; Targets need shortened up Stops need strictly honored.., and imo tighten (trade is going to work or not) When near the edges..., don't count on a continuation - until / unless something changes When price is in the middle of a range - that is no man's...
  16. Redneck

    Breakout Trading - Smart Play or Fool's Game?

    Before I talk about what was knowable heading into today..., allow me to discuss how I got there I use 4 charts 1 min - microscope 5 min - trading 15 min - longer view 240 min (4hr) - my overall view - iow the universe I trade in As a refresher - PA is contiguous..., not continuous - there...
  17. Redneck

    Breakout Trading - Smart Play or Fool's Game?

    An RBO that worked today Well..., sort of Believe there an adage about pigs and slaughtering RN
  18. Redneck

    Breakout Trading - Smart Play or Fool's Game?

    Today's installment of.., as the range - umm ranges FB 240, no changes from yesterday RN
  19. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Wonder if a reduced profit target might be necessary for the current environment - say a 20 tick target possibly Look at the higher TF and see if the overall reflects this Just a thought RN
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