ProchargedMopar's Trading Trilogy

[MightyOne]

Please, for the love of your future, use:
1. your desktop to trade
2. the ATR to determine your line widths
3. a fibo to see how your position sizing relates to the chart
4. at least 2, preferably 3+, charts so that you have a sense for the context of the trade
5. a risk-box to manage your lines
6. basic pattern breakout analysis to buy/sell in areas where you have seen buying/selling in the past.
7. a lot size that will allow you to move effortlessly between periods:
H1: 16 lots
H4: 08 lots, size / 2, width * 2
D1: 04 lots, size / 4, width * 4
WK: 02 lots, size / 8, width * 8
MN: 01 lot, size / 16, width * 16

What a trade is supposed to look like vs insanity:

[prochargedmopar]

Well,
sleeping didn’t work.
Was up almost two lines now down 1/16 a line.

I know, I know.
My tp was waaaay too deep into the Mo Zone to expect the target to be hit.

Trading against my own preferred pattern is suicide.

Trading suicide.

4DD4AD77-8A85-4ACD-AE77-31B008358C8C.jpeg (125.08 KiB) Viewed 1546 times

[prochargedmopar]

Please, for the love of your future, use:
1. your desktop to trade
2. the ATR to determine your line widths
3. a fibo to see how your position sizing relates to the chart
4. at least 2, preferably 3+, charts so that you have a sense for the context of the trade
5. a risk-box to manage your lines
6. basic pattern breakout analysis to buy/sell in areas where you have seen buying/selling in the past.
7. a lot size that will allow you to move effortlessly between periods:
H1: 16 lots
H4: 08 lots, size / 2, width * 2
D1: 04 lots, size / 4, width * 4
WK: 02 lots, size / 8, width * 8
MN: 01 lot, size / 16, width * 16

What a trade is supposed to look like vs insanity:
for_you.png

Damn that’s a lot of Sheit.
Been watching TROs vids daily.
His are short/sweet and simple compared to something like ICT in which I lost all interest about the 7th month in. lol

I guess 7 things isn’t to bad if I can attain freedom from slavery.
Off to work (working 3p-3a all this week)

I Will study your chart and rules list on breaks.

[prochargedmopar]

Laughing all the way to work.
Love it!
Monkey?
Light comes on, pull the lever, get the banana.
lol

[Mira]

Please, for the love of your future, use:
1. your desktop to trade
...

Yep, the same problem here

[MightyOne]

It is so easy, PRO.

I only check the HATR when it comes time to draw the fibo and I don't check it after that (simple, easy, done!)

The H4 is the width of 2 lines so all that you do is grab 2 numbers and hit 'OK'.

These lines are not triggers; what I am doing is spreading segments of risk over the chart and considering how the price bars are moving through the lines: I need to consider both the average movement and the historical volatility.

All trades are eventually reduced to a horizontal line to which 'lines' (segments of risk) are connected (...& that is why you can move your lines).

Small expectations on large charts are large expectations on small charts.

Position size and space are two sides of the same balance scale: when one side goes up the other side goes down and vise versa.

Below the 'sync drawing' button is the 'show object tree' button & if you right click on anything in the object tree then you can change whether something is drawn in front of or behind something else (the 'visual order')
Any new platform is going to be disorienting at first but this is a hundred times better than using fxTrade charts or Oanda apps.

for_pro.png (144.12 KiB) Viewed 1607 times

[MightyOne]

Please, for the love of your future, use:
1. your desktop to trade
...

Yep, the same problem here

I thought that you had a laptop; can you not connect it to a monitor and use a web based platform?

[prochargedmopar]

Uh, what happen to the last few posts or is my ph. losing its marbles?

[michal.kreslik]

post109343#p109343

[prochargedmopar]

Must watch.
I ain’t playin either.

Crazy statistics.
Human evolutionary impulse.
Gut microbes drive us an influence us from the outside.
Ooff.
Apply this to trading and psychology.

This podcast trips out even me.
Holy smokes scotty, warp drive please!!!