EST. 2025 · PROPRIETARY · OUR OWN CAPITAL MEMBERS:

PnD Capital Trading

Patience and Discipline

The whole method, in one line

Patience is the trade you don’t take. Discipline is what you do once you have.

We trade our own capital in crypto, equities and equity options. Every position is sized off a stop that exists before the order does, capped at one percent of the account. Nothing is discretionary about the risk — only about whether the setup is worth taking at all.

Read the approach See the record

By the numbers

Trading since
2025
Capital traded
Our own
Max risk per position
1.0%
Markets traded
Crypto · Equities
Equity options
Track record
Logged in full,
held privately

Only figures the journal can evidence appear here.

01

Patience

Most days there is nothing to do. We wait for a level we already marked, and let the ones that don’t reach it go. A missed trade costs nothing; a chased one costs a stop.

02

Discipline

The stop is set before the entry and sized so a loss is survivable and boring. Position size is arithmetic, not conviction. Six written rules are checked off on every single entry.

03

The record

Every trade is logged with its stop, its result in R, and whether the rules were kept. Performance is measured against capital actually deployed, not against the whole account.

The desk

Edge Ledger

Our own sizing and journalling tool, built because the spreadsheet ran out of room. It sizes the position from the stop, records the trade, and reports what the rules cost or saved.

Sign in How it works
The desk: Edge Ledger's metrics view, showing realised profit and loss, win rate, exposure, an equity curve with its worst drawdown labelled, and net profit and loss by symbol.

The rule sheet

  1. 1Wait for the level, never chase
  2. 2Stop set before entry, from the chart
  3. 3Risk 1% or less of the account
  4. 4No new position after two losses in a day
  5. 5Minimum 2:1 reward to risk
  6. 6Written reason before the order goes in

Publishing the rules is the point. They are checked off inside the app on every entry, and the adherence figure is reported beside the returns.

On the record

The record is kept in full. Most of it stays private.

Every trade since 2025 sits in the journal with its stop, its result in R and its rule score. The curve above is one page of it, drawdown included. We trade our own capital, so there is no one to report to but ourselves — and no interest in publishing figures out of the context that produced them.

If that changes and we take outside capital, the record goes to whoever is considering it, in full, before anything else is discussed.

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