TygerKrane's Pip-Pickpocketing

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dojirock
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Postby dojirock » Mon Sep 19, 2011 4:13 am

well said!!!

figure this out...and your on your way....

doji
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"

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1992 DREAM TEAM
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Postby 1992 DREAM TEAM » Mon Sep 19, 2011 6:26 am

LOL sorry sometimes when I am talking trading I forget that I am not talking poker! -EV means negative Expected Value which means over the long run you are loser. So in poker you always want to make the decision with the most expectation given a variety of factors (+EV). As a very basic example, in holdem, if you have AA, it's generally +EV to raise and try and isolate another player than to let more than 1 hand play against you. Conversely if you have suited connectors you want to try to get in cheap and get good pot odds. If you are on the button then you pretty much want to raise with anything because of positional power. Again, very general and not true 100% of the time. Even when you do everything right there is a very good chance the pot will be lost. Depending on the situation it could be more often than not, but the few winners will cover the many losers and then some (sound familiar?).

Anyways in my experience with the psychology of trading so far, pretty much everything can be distilled down to fear on some level. When fearless, one does not waste too much time wondering why this or that, one simply notes what happened and adjusts until something works, then milks it (until it doesn't work anymore, then more adjustments). I suppose fear can be diminished to a degree through "correct" analysis that builds confidence but that is not the same as eliminating from the root altogether. I mean, what happens when your analysis is not correct anymore? Do you say oh %^& I was wrong now I have to find a new way or is it F it, I will crush next time now that I have more xp. And your analysis will probably be better too.

If you had a fear of driving, you would probably suck at it or avoid it altogether because statistically the roads and freeways are the most dangerous places in the world.

durrrr (Tom Dwan) has NO FEAR (also notice how Barry failed to isolate, although he was probably looking to re-raise)

I know...easier said than done and all of this has been said before but it is almost because it is too simple. If that makes any sense. Maybe it is not supposed to. Blah blah I feel like a borked record. Silence is better most of the time.

Bottom line I think you are doing fine and I may have been fooled by all your words as if it takes a lot of effort for you to come up with them and type. Words often come to me slowly so it would have taken me hours to write all that.

Thanks again for all your help TK, I really do appreciate it.

The avatar helps to keep me in crusader mode :twisted:

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Postby 1992 DREAM TEAM » Mon Sep 19, 2011 7:00 am


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TygerKrane
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Leverage / Return Assessment

Postby TygerKrane » Tue Sep 20, 2011 6:05 pm

[highlight=purple][font=Comic Sans MS]Just because....[/font] :[/highlight] :-k


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**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Postby TygerKrane » Wed Sep 21, 2011 8:45 pm

EChf short
exited at 25 & 31pips

as for the M5 entry, was gonna Rat Reversal into it, but just decided to hit the button...
entry was on that H1 wick

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**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Postby TygerKrane » Thu Sep 22, 2011 6:31 pm

EChf short
exited at 33, 27 & 11pips

entry within the pink H3 wick

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**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Postby TygerKrane » Thu Sep 22, 2011 6:41 pm

EJ long
entry @ 102.77
holding for 103.50

entry at beginning of blue H1 after that pink ZL'ed folks. on m5 entry was after the 50% pullback
moved stop to BE after price spiked up +34 pips (getting my account up and above the initial deposit levels, so I can't help but to move the SL at this point)

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**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Postby TygerKrane » Thu Sep 22, 2011 6:49 pm

LOL, MO is probably grunting under his breath,

"Take Your PROFIT, or Take Your LOSS!!"

:x :evil: ](*,) :smt067

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Postby TygerKrane » Fri Sep 23, 2011 12:10 am

All I know is that EChf DOES NOT (significantly) cross above that line at 1.2330

I am looking for some big time shorts here...

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**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Postby TygerKrane » Fri Sep 23, 2011 11:58 am

TygerKrane wrote:EJ long
entry @ 102.77
holding for 103.50

entry at beginning of blue H1 after that pink ZL'ed folks. on m5 entry was after the 50% pullback
moved stop to BE after price spiked up +34 pips (getting my account up and above the initial deposit levels, so I can't help but to move the SL at this point)

Image


EJ Long

After BE +2 got hit, I tried to get in long again as I saw it was rising up, (I wasn't paying attention to the charts when the price dropped so low below my entry). So when I looked up and saw it rising, I decided to go for it. (I still had faith in my 103.50 target.)
After my entry, I felt that I entered too far up in the curve and didn't like how close I was to the PA, so I exited 2lots at +30pips, and moved my stop up on the last lot to catch 10.
Had I gotten a much lower price on my entry, I wouldn't have closed out those lots the way that I did. I would've given price more time to see if my analysis was right.

Also, my H1 and M20 charts are showing the ASK PRICE. On the BID PRICE charts, price only made it up to 103.44. Close call indeed.

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**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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