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  1. Redneck

    Bride of If You Can Draw A Straight Line

    BMW, With all due respect to you… doing so would be disrespectful to II1H He’s found his way..., that is his chart - it stands on its own merit ==================== II1H, Great job Sir RN
  2. Redneck

    How much can I make a day with 2k$ ?

    Maybe think hard about; Saving up more capital Forgetting “most” what you’ve read Getting on SIM and actually learning to trade / how the mkt actually works (and keep it real for Christ sakes… else all the SIm trading in the world won’t mean shit) =============== On...
  3. Redneck

    Blindness and Trading

    OP’s BS aside I’ve thought it possible (because there have been times I've wondered what I would do if my eyesight failed) What if a person created code that would beep for every transaction across the tape Higher pitched beep for buying Lower pitched for selling Equal pitched...
  4. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Random thoughts on a pullbacks / reversal PB’s; Trading the current move, and entering this move on a pullback – should be considered & mastered – first and foremost It’s hard to enter on a PB – let’s face it out first inclination is to say the move is over and price is...
  5. Redneck

    Martingale?

    You want facts….how about I oblige you then ============== Facts; Yes the mkt always creates DT’s, PB’s, BO’s, S&R – even Trends..., RET's... and Reversals – on every TF imaginable ============= More Facts; The questions are; When Is this the time Is this...
  6. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Well shoot…., leave it to a dumbass like me to answer a question not even asked - D'oh :p I say we keep on truckin Ma'am :) A Very Happy Thanksgiving RN
  7. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    JIH Some thoughts to hopefully help stay on the straight and narrow..., and keep it simple We are day traders – which means we trade “inside” a daily bar – every day – as it's being formed ============== So let’s think how a daily bar is typically formed The session...
  8. Redneck

    The top 3 guys who make over 1 million a year at my firm...

    SN Good points Sir – as always ============ FX = money flow rules CL = Yep..., although I would think acts of war / spills / weather / seasonality / supply / stockpiling – and the such would make for sustained atypical conditions / moves (I don't like my use of "sustained"...
  9. Redneck

    The top 3 guys who make over 1 million a year at my firm...

    Not much - 2 yrs in a 4 +yr bull is nothing to boast about Survive a bull cycle/ bear cycle..., exuberance / fear cycle..., AND a flat spell Then you can feel like you've accomplished something - at least off hours Good Grief RN
  10. Redneck

    ES Journal - 2013

    Thinking that be a good time for a little volatility… a reset…, then buying into almost the EOM/Y As you say Ammo – maybe… maybe… maybe – or maybe not RN
  11. Redneck

    Should I stop day trading?

    OP Gathering you’re mentally drained Take some time off…, recharge,… return with new eyes ============= Maybe you can… maybe you can’t…. maybe you can (and need to) adapt Either way, at least you’ll be making an objective evaluation RN
  12. Redneck

    The price action facebook journal

    5 yrs.... 5 flippin years - and this is what you've figured out Go get em tiger ================= Best you save your money - imdao of course RN
  13. Redneck

    What Moves a Market?

    Serious over stretch of common sense occurring here No doubt BM moves the mkt But can one seriously think/ believe; BM is on the same page – all day – every day BM can be supported by pettily day traders ========== Contemplate not allowing your imagination to obliterate...
  14. Redneck

    MacAttack

    Yup, begin with 1 setup Define it Spell out the context necessary to trade it Then trade it – EVERY time it materializes within the context you’ve outlined Keep performance stats, and a journal Modify/ refine as necessary – always off session After you master**...
  15. Redneck

    MacAttack

    Trading is one of the very few…, if not only…, businesses where there are no rules…, except for what each trader creates..., and then follows About the only ready made rule; bring enough capital How easy trading if only required to memorize a set of ready made rules These are...
  16. Redneck

    Why support becomes resistance

    BD, I trust this exercise has, at a minimum, been eye opening ================== btw; It frustrating to share, only to then have it bastardized =========== Fact; “Support” is breached and converted to "Resistance" because / whenever; Buyers are not present in...
  17. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    Bingo ============== If your charting package allows scrolling - scroll the 5 min chart so it is clear (yesterday's PA is all the way over the the left) then just watch the 5 & 1 min charts (how 5 - 1's = 1 - 5) Once the first 5 min bar closes watch how the next 5 min bar is made in...
  18. Redneck

    MacAttack

    Though I do not believe stats can be applied directly to trading.., I do believe stats can be applied to our results Life to date (of this thread) Total trades = 119 Total PnL = 7 Losers = 55 Ave loser = (-10.2) B/Es = 10 Winners = 54 Ave Winner = 10.6 ============== Is...
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