Never Lose Again

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Al Mo
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Postby Al Mo » Fri Oct 24, 2008 8:22 pm

Actually...nm Xmess - I tried and tried and tried via the standalone, and the Paltalk express - both had serious issues for me. Since I refuse to go back to using Windoze , I'm afraid I'll have to just stick to this board.

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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 24, 2008 11:04 pm

TRO WIPEOUT

Image

How many times have you been WIPED OUT?

How many times would you have made money because price eventually came back if you didn't get wiped out?

Since 95% of traders are on the losing side of the trades and get wiped out, TRO WIPEOUT is a way to take advantage of that.

TRO WIPEOUT gives you the approximate wipe out levels based on your entry and percentage of equity used.

But the reason I wrote this was to figure out where to enter and the entry direction.

If you were thinking about going long with 20% of your account at 150.00, chances are you would be wiped out. So instead, you enter the numbers into TRO WIPEOUT and your new entries are displayed!!

Go long at the green line if price moves up to it and go short at the red line if price if moves down to it.

What's funny is if you go back and look at your losing trades, how many times the TRO WIPEOUT numbers give you a profitable entry for the direction you chose to enter.

TRO WIPEOUT will be sent to those who donated to my PayPal account.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby TheRumpledOne » Fri Oct 24, 2008 11:18 pm

Image

Let's say you want to break the rules and go FULL IN.

TRO WIPEOUT shows you where to enter later instead of entering now.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Fri Oct 24, 2008 11:25 pm

Image

See most traders are TOO LATE to the party.

You wanted to SHORT the USDJPY at 91.50 cause it looked like it was heading down. Instead you enter the numbers into TRO WIPEOUT and go short at the line WHEN THE CANDLE IS RED!! Only this time, you win instead of losing.

Rather than shorting after the second big red candle because you THINK it is going down, you don't enter short until 3 candles later. That candle was RED at the line and would have given you a nice profit.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Fri Oct 24, 2008 11:44 pm

What is really funny about TRO WIPEOUT is you can use other system's entries as the inputs and produce winning trades since most other systems are losers...LOL!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby xmess7 » Sat Oct 25, 2008 12:35 am

TheRumpledOne wrote:What is really funny about TRO WIPEOUT is you can use other system's entries as the inputs and produce winning trades since most other systems are losers...LOL!


Excellent stuff TRO!! More weapons for our arsenal... more weapons to fight the good fight. So basically the entry lines represent the areas where one would of wiped out their account based on the percentage they inputed.

Hmm got to be careful using this one, cause I usually get in just in the nick of time LOL.

But no matter I can see the combo of WIPEOUT plus BUZZARD. WOW... this is so simple.... ... congrats on your idea TRO.

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Postby TheRumpledOne » Sat Oct 25, 2008 12:40 am

Image

I added the arrowhead showing what open price is being used.

Setting 20% - 50% equity plots pretty good entries.

DRAIN THE BANKS!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby xmess7 » Sat Oct 25, 2008 12:41 am

Funny thing TRO, I was remembering, today, how I found the NEVERLOSEAGAIN thread.

Just a couple of days before I found the thread, I was starting to dabble with something similar to the TRO WIPEOUT. In my quest to figure out the Chaos Theory I went to babypips and made a search on "fractals". Low and behold the thread pops up.... Don't know why... but in a sense, and I was close too, I envisioned using the fractals as entry triggers. Yes as horizontal lines. The only thing was that my mind was so limited. I would only think about making the 1st entry after Price breached the 1st line that the fractal would denote. I didn't even consider making another entry on the second frractal etc etc.

GEEZ the answer was in front of my EYES all the time.

Keep up the great work TRO...

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TheRumpledOne
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Postby TheRumpledOne » Sat Oct 25, 2008 12:46 am

xmess7 wrote:Excellent stuff TRO!! More weapons for our arsenal... more weapons to fight the good fight. So basically the entry lines represent the areas where one would of wiped out their account based on the percentage they inputed.

Hmm got to be careful using this one, cause I usually get in just in the nick of time LOL.

But no matter I can see the combo of WIPEOUT plus BUZZARD. WOW... this is so simple.... ... congrats on your idea TRO.


NO - DO NOT COMBINE THEM!!

Use them separately.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

xmess7
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Postby xmess7 » Sat Oct 25, 2008 1:59 am

TheRumpledOne wrote:
xmess7 wrote:Excellent stuff TRO!! More weapons for our arsenal... more weapons to fight the good fight. So basically the entry lines represent the areas where one would of wiped out their account based on the percentage they inputed.

Hmm got to be careful using this one, cause I usually get in just in the nick of time LOL.

But no matter I can see the combo of WIPEOUT plus BUZZARD. WOW... this is so simple.... ... congrats on your idea TRO.


NO - DO NOT COMBINE THEM!!

Use them separately.


Yes sir!!

<<Xmess7>> Stands at attention!

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