Patterns Observation.

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prochargedmopar
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Re: Micro SUPPA, a trading journey?

Postby prochargedmopar » Fri Mar 25, 2022 6:10 pm

aliassmith wrote:
prochargedmopar wrote:
aliassmith wrote:
Just because a poker player. Card counter, or trader is good doesn't mean its not gambling.

If it wasn't gambling why would you manage risk.

A slot machine might have a 90% payout. Since it has a higher probability of getting paid. Does that make it not gambling?

I'm risking $100 and have an expectation of making $100 75% of the time..
Apply that statement to football, soccer, a poker hand, a trade, dice roll.

1b and 2


SH!T !!!!
I guess you are right.
Looking at the statement above I'd say ur losing money if we only get to make $100 75% of the time and risk $100 every time.
Maybe I read that wrong.


Its basically a 1R trade PRO with a win rate if 75%.


Oh, so your saying goal is to make 1:1, just keep piling in wins and HOPE you win 3 in a row regularly. :shock:
It's very easy to win many, many 5 pip trades in a row, I thought we had to have 3x with a random 10-15x thrown in for good measure.....
Who's been lying to me? LOL :mrgreen:
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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aliassmith
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Re: Micro SUPPA, a trading journey?

Postby aliassmith » Fri Mar 25, 2022 8:03 pm

prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:
SH!T !!!!
I guess you are right.
Looking at the statement above I'd say ur losing money if we only get to make $100 75% of the time and risk $100 every time.
Maybe I read that wrong.


Its basically a 1R trade PRO with a win rate if 75%.


Oh, so your saying goal is to make 1:1, just keep piling in wins and HOPE you win 3 in a row regularly. :shock:
It's very easy to win many, many 5 pip trades in a row, I thought we had to have 3x with a random 10-15x thrown in for good measure.....
Who's been lying to me? LOL :mrgreen:


Without real experience, maybe you lied to yourself.
When I scalp my overall R is right around 1R over 1000s of trades. I have over a 2 profit factor.

On mt4 run a detailed report and see what your nymbers are for the last month. The truth will be revealed. At 1R you will need over 55% win rate to be profitable over time.

Making 3x trades work also at 35%+
Many ways to win the game.
Trade Your Way as Long as It Makes Money!

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Re: Micro SUPPA, a trading journey?

Postby Don_xyZ » Sat Mar 26, 2022 2:07 am

aliassmith wrote:
prochargedmopar wrote:
aliassmith wrote:
Just because a poker player. Card counter, or trader is good doesn't mean its not gambling.

If it wasn't gambling why would you manage risk.

A slot machine might have a 90% payout. Since it has a higher probability of getting paid. Does that make it not gambling?

I'm risking $100 and have an expectation of making $100 75% of the time..
Apply that statement to football, soccer, a poker hand, a trade, dice roll.

1b and 2


SH!T !!!!
I guess you are right.
Looking at the statement above I'd say ur losing money if we only get to make $100 75% of the time and risk $100 every time.
Maybe I read that wrong.


Its basically a 1R trade PRO with a win rate if 75%.


75% is a crazy score. I have to make some sacrificial Rs to the trading god in exchange for very high R trades :lol: though some days he lets me keep those sacrifices.
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

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aliassmith
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Re: Micro SUPPA, a trading journey?

Postby aliassmith » Sat Mar 26, 2022 2:47 am

Don_xyZ wrote:
aliassmith wrote:
prochargedmopar wrote:
SH!T !!!!
I guess you are right.
Looking at the statement above I'd say ur losing money if we only get to make $100 75% of the time and risk $100 every time.
Maybe I read that wrong.


Its basically a 1R trade PRO with a win rate if 75%.


75% is a crazy score. I have to make some sacrificial Rs to the trading god in exchange for very high R trades :lol: though some days he lets me keep those sacrifices.


I was actually surprised myself until I ran the report.
Trade Your Way as Long as It Makes Money!

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Re: Micro SUPPA, a trading journey?

Postby Don_xyZ » Sun Mar 27, 2022 1:27 am

FVG forces me to revisit the S/D concept. Both fvg n s/d have overlaps with my current strategy but there are trades that I avoid that turned out to be good when taken off fvg n s/d.

Done watching the mentorship series, scalping series, and now on to market maker.

What ifs chart on M1. Testing the S/D plus anti hedging combo.
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My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

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Re: Micro SUPPA, a trading journey?

Postby Don_xyZ » Sun Mar 27, 2022 1:55 am

M1. Not bad. Actually, great! Now I see why pro and Alias love it :lol:

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Handwriting, better? I’m trying ok? :lol:
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

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aliassmith
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Re: Micro SUPPA, a trading journey?

Postby aliassmith » Sun Mar 27, 2022 2:17 am

Don_xyZ wrote:FVG forces me to revisit the S/D concept. Both fvg n s/d have overlaps with my current strategy but there are trades that I avoid that turned out to be good when taken off fvg n s/d.

Done watching the mentorship series, scalping series, and now on to market maker.

What ifs chart on M1. Testing the S/D plus anti hedging combo.
Image


Now that you have seen FVG they are hard to unsee. I tried to forget them but they pop out like zlines.
Trade Your Way as Long as It Makes Money!

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Don_xyZ
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Re: Micro SUPPA, a trading journey?

Postby Don_xyZ » Sun Mar 27, 2022 2:28 am

There will be losing days. Not acceptable. Must adjust the filter to allow more entries…

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My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

Image

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Don_xyZ
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Re: Micro SUPPA, a trading journey?

Postby Don_xyZ » Sun Mar 27, 2022 2:37 am

aliassmith wrote:
Don_xyZ wrote:FVG forces me to revisit the S/D concept. Both fvg n s/d have overlaps with my current strategy but there are trades that I avoid that turned out to be good when taken off fvg n s/d.

Done watching the mentorship series, scalping series, and now on to market maker.

What ifs chart on M1. Testing the S/D plus anti hedging combo.
Image


Now that you have seen FVG they are hard to unsee. I tried to forget them but they pop out like zlines.


FVG is valid but when S/D appear before it then I think it’s also a good choice. There are times when top/bottom S/D are not taken but FVG provided good entries. The key is to dance between them because S/D has a lot of following among the retails traders. Must understand how the mass think and exploit their loopholes coz that’s where the stacks of cash are found :mrgreen:
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

Image

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Don_xyZ
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Re: Micro SUPPA, a trading journey?

Postby Don_xyZ » Sun Mar 27, 2022 2:53 am

My style of FVG in blue.

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My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

Image

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