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  1. Redneck

    So, no taper!

    Think of it as a trillion dollar a year nipple (and the only tool the fed has remaining) – when it eventually dries up.., it’ll be f-ugly In the meantime… with 2014 elections looming – remove the infusion – interest rates go ballistic – mkt tanks – dems lose big Don't see...
  2. Redneck

    If You Can Draw A Straight Line . . .

    Here Sir Erase/ delete your current lines Draw the first TL, by connecting lows Copy this TL (TL connecting lows) – to the other side of the TF ================== Do this you will (or should) see a completely different story than the one your current context is depicting...
  3. Redneck

    If You Can Draw A Straight Line . . .

    Granted you asked DB, but what the hey…. Take the TF you’re analyzing (TF as in the overall move.., not TF as in 5 min/ 60 min/ whatever min bars) Step back and look at it If this overall move (TF you’re analyzing) is up – start at the bottom of the TF and draw your first TL...
  4. Redneck

    If You Can Draw A Straight Line . . .

    Disclosure; I’m aware of the exchange between Ammo & DB on methods earlier today I’m expressing my opinion below ================ TF, I respectfully disagree – and say; Channels / trendlines must never be subjective – they must be drawn to reflect what price is saying...
  5. Redneck

    Why do traders fail?

    RN
  6. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    I get why you’re tracking this :) …, and I've been guilty of doing the same.., just be mindful it doesn't impose unnecessary pressure We concerned with wins & losses…, or following plan (no need to answer, I know you know) Not to mention, this is a marathon (career) we’re talking...
  7. Redneck

    Proof that technicals/ charts work-- SINA

    I chuckle at the back and forth; TA works…. TA doesn’t work….TA works till it doesn’t (admittedly I’m guilty of saying this more than once – and I was full of shit saying it) Fact is; Mkt is uncertain So how the hell can anyone reasonably expect anything to have the ability...
  8. Redneck

    jasinhbca's quest for discipline, knowledge & profits

    You are Very Welcome Sir My only suggestion at this point; Devote 30 min to maybe an hour (but no more than an hour) each day – to you being with you Absolutely no distractions or interruptions Make sure the room is quiet – and you're comfortable Just you and your thoughts...
  9. Redneck

    If You Can Draw A Straight Line . . .

    And EO 3Q lipstick on the pig RN
  10. Redneck

    Pinkmans' technical analysis journal

    No sense reinventing the wheel...., its all right up there ^ Leaving you to it PM You get fed up – do the work RN goin fishin (for you TD :cool: )
  11. Redneck

    Pinkmans' technical analysis journal

    I’ve never met DB, nor spoken to him other than our posts on this forum.., and a couple of PMs But I can tell you about him with regards to your post excerpt He only waits for the better setups Once he’s entered – if the trade goes the other way – he’s out.. absolutely no...
  12. Redneck

    Pinkmans' technical analysis journal

    Touché - I screwed up How about jumping from one method / tool - to another - to another – without ever fully developing/ understanding one As for the better set up – I have TP :D ====================== PM I can focus and trade... or post – I can’t both I’ll be...
  13. Redneck

    Pinkmans' technical analysis journal

    One other thought Increasing one’s stop.., iow relying on the volatility (increased back and forth action) – to save one’s ass – is nothing more than compensating for/ covering up piss poor trading skills Volatility makes everyone think they’re a trader – as does a seemingly...
  14. Redneck

    Pinkmans' technical analysis journal

    Simply cutting a stop in half, or whatever - is ludicrous Ultimately its going to distill down to more selective entries Because - each trade's stop must be set where that specific trade fails And each trade's fail point needs to be less than that trade's potential move To get...
  15. Redneck

    Making of a method

    For the anxiety; Try taking long – slow – deep breaths (with the intent of lowering your heart rate) For the freezing up; Try mentally stepping outside yourself – taking an objective look at yourself – then asking yourself out loud (so you record it) Why am I anxious...
  16. Redneck

    Pinkmans' technical analysis journal

    I’m talking about this in no certain order because it all matters WITH EVERY TRADE Each / every potential loss / realized loss – must be less than each / every potential win/ realized win Note; That math I shared, (and granted I did not factor in fees and commissions) –...
  17. Redneck

    Pinkmans' technical analysis journal

    Sorry about that, kid called w/ car trouble You nailed the first one.., as for the second..., here it is (granted its a weakly framed question... but it is a question nonetheless) I'll give you strait up answers - where appropriate I'll also give you open ended answers & at times...
  18. Redneck

    Pinkmans' technical analysis journal

    PM How about answering the two questions I asked you a few pages back.., then I'll answer you Sir RN
  19. Redneck

    Pinkmans' technical analysis journal

    btw; Being that tomorrow is Friday and the volume likely abysmal Better be real damn selective RN
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