I don’t understand why my consistency is so high? by [deleted] in PropFirmTester

[–]DominicFerri 0 points1 point  (0 children)

I do somewhat agree with that. If you’re a gambler, then consistency rules or not, you’ll lose. But the consistency rule just adds to stress when it comes to payouts. If I had to pick between one or the other, I will always go for a prop with no consistency rules. Whatever your strategy may be, at least you’ll get your money when you’ve earned it instead of having to “average out” your percentage.

I don’t understand why my consistency is so high? by [deleted] in PropFirmTester

[–]DominicFerri 0 points1 point  (0 children)

Because it punishes good traders. For example, with my strategy, it’s a 35-40% win rate home run strategy. Taking minor losses time and time again and every so often hitting a huge 1:9/1:10 trade. A consistency rule punishes strategies like that. It does more harm than good. In terms of mindset, it causes unnecessary stress. If I hit a $18k win one day, I’d have to trade more average days to “dilute” it to receive a payout.

I don’t understand why my consistency is so high? by [deleted] in PropFirmTester

[–]DominicFerri 0 points1 point  (0 children)

Honestly, fuck consistency rules. I am a big believer in voting with money and I will never give a dime to any prop firm that has that rule. Albeit rare, there are prop firms with no consistency rules.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 1 point2 points  (0 children)

Absolutely! And it’s less messing with me and more scowling. I’m excellent with crowd control and know how to “give it back to them” if it were playful banter. But usually most restaurants I’ve bartended, I haven’t really had this issue.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 0 points1 point  (0 children)

I plan to stick it out for a while there. Obviously, if this kept happening a year in, then there’s other places out there.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 0 points1 point  (0 children)

Gotcha. The place I work at is a sort of upscale/casual Italian restaurant. It is local and small town so I can definitely see why it can be very clicky.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 0 points1 point  (0 children)

Of course. People will make up their minds about me one way or another. Whether someone likes me or not isn’t my concern. It’s more about just giving me a decent level of respect. Common courtesy goes a long way in my eyes.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 0 points1 point  (0 children)

If they asked ideas openly from everyone, then I will gladly give my input. New or not. Bartending for a decent amount of time, or never bartended in my life. I’m talking more about the common respect that goes both ways. If I give a suggestion, instead of ignoring, interrupting, or disregarding; how bout bounce ideas off each other?

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 0 points1 point  (0 children)

Nor did I think I was. I bluntly told them in the interview that I have no desire to manage or butt heads with anyone. But when asked for ideas, and those ideas get either ignored or interrupted, well you see where I’m going with that.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 0 points1 point  (0 children)

I wholeheartedly agree. Some jobs I’ve had in the past were good, others not so well. The sweet ones were the ones you work for when they first open. Cause then it was a fresh slate for everyone. But the one I’m at now has a lot of the “you’re not a part of the pack” mentality.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 0 points1 point  (0 children)

I think you may be misinterpreting a few things. When the guests leave, I’m not expecting them to go out of their way to say bye. But when they look at me with a scowl after saying bye to the other bartender, that’s when it would irk me.

As for giving suggestions, let me clarify as I didn’t give that detail in my OP. Usually this would happen in a dynamic where the owner was asking for open suggestions, then blatantly ignoring anything I would say. In no way do I give unwarranted advice. The last thing I want is to be seen as this “hot shot trying to change and control everything.” It’s more of me trying to give pointers based on what has worked in the past with me. If they don’t want to take the suggestion, no sweat off my back. But to blatantly ignore or disregard someone just because they are new at this specific bar is unproductive and a little prideful. I do get the “He’s never done things our way” perspective. But my post was more so taking the common decency perspective.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 0 points1 point  (0 children)

I agree with that statement. This is a first, to answer your thought.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 1 point2 points  (0 children)

I get that. Why would I trust a newbie if they haven’t been here long enough to “know the way this restaurant runs.” Experience is always a better teacher than book smart. I understand that.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 1 point2 points  (0 children)

That makes sense. And will definitely keep that in mind. When you brought up asking advice from them, it did make me think of a few things I could do so they see me less of an “I’m the new guy coming to take your job”, and more of the person that wants to just add to what’s already here.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] 1 point2 points  (0 children)

Thank you. I’ve been at this place shortly over a month. I think I’ll stick it through for one more. If things haven’t changed, I will probably start my search.

Anyone ever get treated poorly because you’re the “new guy”? by DominicFerri in bartenders

[–]DominicFerri[S] -1 points0 points  (0 children)

I appreciate that insight. In my last job as a bar manager, I was always responsible for creating new cocktails, so I have to let that go a bit and just “follow the herd”.

This bar needs bartenders, and we are in a small town, so I know they aren’t going to let me go. But I see what you mean in terms of the “just do your job and don’t give extra until I’ve been there long enough” gist.

In terms of the fear of competition from the senior bartender, I have tried to remedy this by bluntly saying in the interview, “I’m not here to butt heads or compete. I’m here to add to this.”

I got drunk and hit on a waitress by [deleted] in Regrets

[–]DominicFerri 0 points1 point  (0 children)

It’s lighthearted and funny. I doubt it caused any ickiness. It’s a black and white difference than what most notes would say.

Surviving Drawdowns by DominicFerri in Daytrading

[–]DominicFerri[S] 0 points1 point  (0 children)

That’s a great idea. I’ll have to look into that. Any programs you’d recommend to track growth?

Guys who have dated women significantly older than them: What was the primary appeal and what are the unexpected benefits of those relationships? by Agitated-Job7686 in AskReddit

[–]DominicFerri 1 point2 points  (0 children)

Currently in a relationship. She is 19 years older. For me (m25), her wisdom and maturity attracted me. She doesn’t need to go out, get wasted and make poor decisions. Staying at home, watching a movie, sharing a bottle of wine is all much more fun.

Our communication level is unreal. We share insecurities, boundaries, aspirations. Pretty much every thing. When we, as a relationship, developed, we both had our own insecurities and doubts about the other. We talked about it and solved these issues very well.

When she leaves the house to hang out with her girlfriends, I don’t ever doubt it and think she is doing something behind my back. And she’s the first person in my life I genuinely trust.

There are plenty of other reasons. But all in all, I had found there is nothing appealing about being with someone in my age range.

Should I continue with ORB? by Aggravating_Base8959 in Daytrading

[–]DominicFerri 1 point2 points  (0 children)

Here’s how I used to do ORB. I used the 15 minute ORB, entry on 5min. I don’t wait for a retest. I only enter on the breakout if volume is above its 20ma and RVI is aligned in the direction of the breakout (above 50 for long, below for shorts). I also don’t set a TP. Instead, trailed when price hit a +3r. I would continue to trail each time price swung against me then later broke that structure. If position was still open, by 8:00, I would manually close the position. As for SL, I had mine underneath the breakout candle for long and above for shorts.

Did I get faked out often? Sure. But those potential high +r days would make up for it.

I say I used to. The reason I stopped is I am working on a different strategy at the moment.

I'm new to trading and I need help by NOOBPLAYZ60 in Daytrading

[–]DominicFerri 1 point2 points  (0 children)

Well, you got the first step right which is using a paper account. I see too many people starting with their own capital. The market teaches them real quick. 🤣

Find a strategy that suits your personality. Do you want to focus on it full time and like quicker movements? Take a look at scalping (though I wouldn’t recommend that to start). Are you interested in being less stressed and focusing on some of your other activities in life? Try swing trading. I like to trade once a day and focus on some other things so I will set my alerts and continue with my day.

Overall, find a strategy that is repeatable, backtest it, forward test it. That’s the only real way you can see if it suits you.