Simple as 1-2-3

forex live trades, setups, charts

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prochargedmopar
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Re: Simple as 1-2-3

Postby prochargedmopar » Sat Sep 23, 2017 1:54 am

MightyOne wrote:
prochargedmopar wrote:...
Nothing from arrow to arrow said to buy.


The chart is there, but what you are really trading is money.

+2 lines twice is +56.25% size and if I do hit a run where I make 16 lines then that is an extra 9 lines of profit.

Imagine targeting 20 pips but each time you reach it your broker credits you more pips than you have made:
+20, +25, +31, +39, +48, +61, +76, +95
Stacking: +395 pips
Not stacking: +160 pips
---------------------------
Difference: 235 pips (+11.75 trades winning trades)

Of the 395 pips you are risking 98.7 pips (your stop is not 98.7 pips, it is worth 98.7 pips) on one trade; that might seem like a lot but even if
you were to lose your next 2 trades you would still be up more money than the person who is not stacking.

I'm just risking lines and making lines; I do whatever I feel that I can get away with using acceptable levels of risk.

If the idea is based on H1- then more often than not I am going to 'exit too early'
If the idea is based on H4 then I am going to catch a nice run or if the idea is that of the daily+ then the pip gain will be epic.

All that I am saying is be smart without being too rigid.

Every trade is simply the risk weighed against the reward.

EURJPYM15.png


Hold up a minute.
I've missed a few years. LOL

So your trading 1:1 or 2:2?
Where does the 54% come from with 4 lines in two trades?
OPM re-invested?
Pretty sure I can trade 2:2 easily.
#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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dchappy
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Re: Simple as 1-2-3

Postby dchappy » Sat Sep 23, 2017 1:19 pm

Gearing up for hunting season so my trading is coming to an end soon ...this may be my last trade for a while ...good luck to all ...
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prochargedmopar
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Re: Simple as 1-2-3

Postby prochargedmopar » Sun Sep 24, 2017 4:03 am

dchappy wrote:Gearing up for hunting season so my trading is coming to an end soon ...this may be my last trade for a while ...good luck to all ...


My Dad's gonna be up in MI till the end of Oct.
Wonder if he is going hunting?
Always has a gun on his side and the deer walk right up to the cabin.
Now that's not fair. hahaahah
Keeps talking about inviting people over for Steak dinners, Breakfasts at Hawks landing, and Cruising around the straits in his new boat.

Sounds like he is really enjoying retirement. LOL
#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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Re: Simple as 1-2-3

Postby handy148 » Sun Sep 24, 2017 2:17 pm

Does anyone have a copy of the much talked about Trading Naked pdf cos the account seems to have been suspended.

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Re: Simple as 1-2-3

Postby LeMercenaire » Wed Sep 27, 2017 1:11 pm

handy148 wrote:Does anyone have a copy of the much talked about Trading Naked pdf cos the account seems to have been suspended.

There's a ''Naked Forex'' on PDF Archive site, if that's what you are looking for.

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Re: Simple as 1-2-3

Postby dchappy » Wed Oct 18, 2017 1:06 am

One day Alice came to a fork in the road and saw a Cheshire cat in a tree. ‘Which road do I take?’ she asked. ‘Where do you want to go?’ was his response. ‘I don’t know,’ Alice answered. ‘Then,’ said the cat, ‘it doesn’t matter.”
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Re: Simple as 1-2-3

Postby dchappy » Wed Oct 18, 2017 12:45 pm

Patterns lead ...Breakouts follow ...
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Re: Simple as 1-2-3

Postby MightyOne » Wed Oct 18, 2017 2:22 pm

dchappy wrote:Patterns lead ...Breakouts follow ...


That was a nice trade, DC, it just doesn't look (to me) like it could have gone either way.

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Re: Simple as 1-2-3

Postby dchappy » Wed Oct 18, 2017 9:51 pm

You are right ..however , I am terrible at forecasting PA .....and I sleep much better with a hedge on .. :)
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Re: Simple as 1-2-3

Postby prochargedmopar » Thu Oct 19, 2017 4:09 pm

dchappy wrote:You are right ..however , I am terrible at forecasting PA .....and I sleep much better with a hedge on .. :)


So you came back to the cabin to warm up your toes or is hunting season over?

Looks like fishing is in season year round.
Nice catch.
#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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