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  1. Redneck

    Best Way To Deal With A Large Drawdown

    That is another..., and equally as potentially lethal - land mind Ego is a bitch - in all its forms RN
  2. Redneck

    Best Way To Deal With A Large Drawdown

    I must disagree (respectfully of course) Trading is never less risky..., the associated risk never ceases..., never diminishes..., never relents You are more/ better prepared for it - through saved up capital..., and experience ============= So how should the OP go about getting his ass out...
  3. Redneck

    Best Way To Deal With A Large Drawdown

    Or at least anticipated Yet until we've experienced it - how the heck do we know to anticipate it Only way I know of is to learn from other's (including mine) mistakes But people are funny that way - seems we need to experience it - before we're willing to believe it actually exists / is out...
  4. Redneck

    Best Way To Deal With A Large Drawdown

    This another pitfall of trading And I don't care it it referring to losses..., losers..., winnings..., winners..., consistency..., repetition..., or whatever The only way to know one can survive a situation - is be in that situation..., and survive it And typically (way..., way more times...
  5. Redneck

    Best Way To Deal With A Large Drawdown

    L590 First - Thank You Sir for the civil conservation - they all too often are missing around here So let's break this down This is a must - but did in fact the OP have this in place - he hasn't said.., we don't know And your quote is the exact reason an excessive draw down should never...
  6. Redneck

    Best Way To Deal With A Large Drawdown

    No doubt Yet..., continue using the same shovel..., or even a bigger one - and the underlying reason for the draw down in the first place..., not resolved The hole gets exponentially deeper..., exponentially quicker (the classic ; hey I'm headed straight into a brick wall / freight train...
  7. Redneck

    How many of you (small timeframe) traders take PA into account?

    Trying to trade those small of TFs - would make my eyes bleed..., send me into incessant bouts of cussing / convulsions / foaming at the mouth / soiling my drawers But..., so long as its working for Ya - its all good 1.) Candlestick is a type of chart - as is a bar (o/h/l/c) chart - or a...
  8. Redneck

    Trading ES, reverse trade based stops

    Evidently you didn't get the memo - consistently profitable trading can't be done Personally..., I'm glad you missed it :) Good Job Sir RN
  9. Redneck

    Talent/Giftedness In Trading

    jmo RN
  10. Redneck

    Best Way To Deal With A Large Drawdown

    I am keenly interested not only on my own psychology; Keeping my head on straight / ego in check / opinion in check / unbiased / centered / flexible/ detached / focused / respectful of risk (not scared of it - rather respectful)/ clear on my goals..., intentions..., actions / completely...
  11. Redneck

    Best Way To Deal With A Large Drawdown

    Thanks FL I respond later this evening As for my response providing any value - who knows..., and only each reader can determine RN
  12. Redneck

    Best Way To Deal With A Large Drawdown

    Then by all means - don't I really don't care RN
  13. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    You have it correct We strive for perfection..., knowing full well we are not perfect When we do good - we celebrate Speaking of which...... Five days...., five consecutive days - of profitability!!!!! Was each day perfect - hell no Was each day easy - hell no But you did it - You J -...
  14. Redneck

    AR15 advice

    AR = DPMS or Colt Springs do weaken - replace them RN
  15. Redneck

    Best Way To Deal With A Large Drawdown

    Certainly willing to respond.., but out of respect to the OP - he needs to agree This would be way O/T..., and imo..., I've already disrupted his thread way too much Otherwise we can can take it to another thread / PM / carrier pigeon - or whatever works OP - what say you RN
  16. Redneck

    Best Way To Deal With A Large Drawdown

    Eloquently written..., and the vast majority I agree with I also agree with him on the use of leverage - not ubber excessive leverage - but if available..., and one adept at trading - then it essentially free money available to use - to make money with What I do not agree with..., and never...
  17. Redneck

    Best Way To Deal With A Large Drawdown

    LSB I am always up for..., and open to learning Thank You RN
  18. Redneck

    Best Way To Deal With A Large Drawdown

    Never confuse trading for easy - some days yes..., but other days will more than make up for them - in spades And never take what I post to ever infer trading is otherwise I will add this however = Too many make it a lot harder than it needs to be RN
  19. Redneck

    Best Way To Deal With A Large Drawdown

    Hey Barcadia - Thank You for the Very Kind words - but it simply a number - tomorrow it a memory..., and doesn't mean a thing ==================== As for trading; Get / stay on the right side of price Keep each loser small when you're not Each trade - has a reason for entering..., when the...
  20. Redneck

    The Foresight Thread

    Got to be honest - not sure what this is..., but I jus hass to gits me one ebay here I come RN :D
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