The idea's we trade by, so we never lose again. p2. The students become the masters

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

Mr. Hyde
rank: 1000+ posts
rank: 1000+ posts
Posts: 1635
Joined: Fri Nov 18, 2016 7:00 am
Reputation: 778
Gender: None specified

Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Wed Aug 12, 2020 3:07 pm

Something not so long term. Simple S/R retest, pin bar entry. Paid a nice 5 to 1. If price can close below 1.1700 gonna look for another sell.
Attachments
EURUSDH1.png
EURUSDH1.png (52.96 KiB) Viewed 2596 times

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Mr. Hyde
rank: 1000+ posts
rank: 1000+ posts
Posts: 1635
Joined: Fri Nov 18, 2016 7:00 am
Reputation: 778
Gender: None specified

Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Wed Aug 12, 2020 3:13 pm

Simple example of how I look for a reversal. Looki for a nice trend and price overextended. then look for a range period. followed by a break of that range with momo. Almost a 6 to 1 RR on the intial entry. final was 10 to 1.
Attachments
XAUUSDH1.png
XAUUSDH1.png (41.61 KiB) Viewed 2596 times

Mr. Hyde
rank: 1000+ posts
rank: 1000+ posts
Posts: 1635
Joined: Fri Nov 18, 2016 7:00 am
Reputation: 778
Gender: None specified

Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Wed Aug 12, 2020 3:18 pm

Pretty sure you can see why I don't worry about losses. My risk to reward on trades is very high. Now I don't always get crazy returns like that. But on average if I place 5 trades, I will lose two, two will pay 2 to 1 and one will pay 3 to 1. So after five trades and have I made 5 to 1 on my money. So at a 1% risk I make 5%. Not to bad. But I will easily take five losses in a row at times. Which can and will get to you

User avatar
Mira
rank: 1000+ posts
rank: 1000+ posts
Posts: 1729
Joined: Thu Nov 10, 2016 8:37 pm
Reputation: 1608
Gender: None specified
Contact:

Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mira » Wed Aug 12, 2020 4:28 pm

Mr. Hyde wrote:
servicestarter wrote:
Mr. Hyde wrote:
=D> =D> =D> =D>

losses are ok, if they are caused by following your plan. Its the losses you take not following your plan that are not allowed. Even tho I took those couple of losses last week on GU, I was ok with them because they followed my plan. Had they worked I would have been posting about the wins instead and some member that's lurking would think to himself that they only worked after the fact of some bs.

Journal everyday and every trade. Take screenshots and mark what you were thinking before the trade, during and after. I have a rule that if I don't record a trade then I cant trade for a day. Its as simple as that. You have to make rules and punishments for them to make yourself accountable.


losses are not ok! you need to choose better platform where are you doing it! i find out one where i earn money for a few months now
and it is really perfect! very fast payouts!


Obvisouly you don't know who I am. Im the king of taking losses on Kreslik. I probably take more losses then anyone while still being profitable. Ill post a chart anaylysis and price will do the complete opposite. Losses are very much ok, cuz my winners crush the loses. Ive seen Lem win 19 out of 20 trades and the one loss he hedged and won that. Dragon won over a hundred wins in a row. Besides from those two are pretty sure everyone takes losses on this site that is profitable. I happily show my losses. I only win about 3 out of five trades and even less when im swing for the fences and trading long term with super small sl (think 20-30 pip stop but winning 1,000+ pips). Im glad you don't take any losses. lets see some chart porn. U show me yours Ill show you mine :mrgreen:


He tryna sell us some anti-losses platform :smt038
__________ THE :smt096 IS A LIE__________

User avatar
Mira
rank: 1000+ posts
rank: 1000+ posts
Posts: 1729
Joined: Thu Nov 10, 2016 8:37 pm
Reputation: 1608
Gender: None specified
Contact:

Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mira » Wed Aug 12, 2020 11:09 pm

Mr. Hyde wrote:Simple example of how I look for a reversal. Looki for a nice trend and price overextended. then look for a range period. followed by a break of that range with momo. Almost a 6 to 1 RR on the intial entry. final was 10 to 1.


I just started to bank some profit cutting in half my targets and then I come back on Kreslik to see Mr. Hyde making hundreds of pips on a single trade :lol:

I love your style man :mrgreen: =D>
__________ THE :smt096 IS A LIE__________

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
aliassmith
rank: 5000+ posts
rank: 5000+ posts
Posts: 5057
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 2847
Gender: Male

Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby aliassmith » Wed Aug 12, 2020 11:23 pm

Mira wrote:
Mr. Hyde wrote:Simple example of how I look for a reversal. Looki for a nice trend and price overextended. then look for a range period. followed by a break of that range with momo. Almost a 6 to 1 RR on the intial entry. final was 10 to 1.


I just started to bank some profit cutting in half my targets and then I come back on Kreslik to see Mr. Hyde making hundreds of pips on a single trade :lol:

I love your style man :mrgreen: =D>


If you are actually profitable close your eyes and don't look at anything else.

Master whatever makes you money.
Trade Your Way as Long as It Makes Money!

User avatar
aliassmith
rank: 5000+ posts
rank: 5000+ posts
Posts: 5057
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 2847
Gender: Male

Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby aliassmith » Wed Aug 12, 2020 11:35 pm

aliassmith wrote:
Mira wrote:
Mr. Hyde wrote:Simple example of how I look for a reversal. Looki for a nice trend and price overextended. then look for a range period. followed by a break of that range with momo. Almost a 6 to 1 RR on the intial entry. final was 10 to 1.


I just started to bank some profit cutting in half my targets and then I come back on Kreslik to see Mr. Hyde making hundreds of pips on a single trade :lol:

I love your style man :mrgreen: =D>


If you are actually profitable close your eyes and don't look at anything else.

Master whatever makes you money.


I've come across guys making $500k+ a year taking about 10 pips at a time.
Trade Your Way as Long as It Makes Money!

Mr. Hyde
rank: 1000+ posts
rank: 1000+ posts
Posts: 1635
Joined: Fri Nov 18, 2016 7:00 am
Reputation: 778
Gender: None specified

Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Thu Aug 13, 2020 3:57 pm

aliassmith wrote:
Mira wrote:
Mr. Hyde wrote:Simple example of how I look for a reversal. Looki for a nice trend and price overextended. then look for a range period. followed by a break of that range with momo. Almost a 6 to 1 RR on the intial entry. final was 10 to 1.


I just started to bank some profit cutting in half my targets and then I come back on Kreslik to see Mr. Hyde making hundreds of pips on a single trade :lol:

I love your style man :mrgreen: =D>


If you are actually profitable close your eyes and don't look at anything else.

Master whatever makes you money.


But don't forget I lose a lot of pips some times trying to get those hundred of pips. Plus I always have multiple TP's so I do the same. Keep doing whats making you money. I gravited towards this style just cuz I do take some many losses. Do what makes you money.

Mr. Hyde
rank: 1000+ posts
rank: 1000+ posts
Posts: 1635
Joined: Fri Nov 18, 2016 7:00 am
Reputation: 778
Gender: None specified

Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Thu Aug 13, 2020 4:09 pm

aliassmith wrote:
aliassmith wrote:
Mira wrote:
I just started to bank some profit cutting in half my targets and then I come back on Kreslik to see Mr. Hyde making hundreds of pips on a single trade :lol:

I love your style man :mrgreen: =D>


If you are actually profitable close your eyes and don't look at anything else.

Master whatever makes you money.


I've come across guys making $500k+ a year taking about 10 pips at a time.


Ive seen one guy literally just trading for 1-3 points on ES making over $100,000k on a good week, average about $10,000k a day. He also takes like 20-40 trades a day. He is one hell of a sclaper. but aliassmith makes a beautiful point. You don't need a lot of pips to make a killing. Hell you don't even need to be a great trader. An average trader making a handful of pips everyday or week will add up to more money then you could ever imangine.

Mr. Hyde
rank: 1000+ posts
rank: 1000+ posts
Posts: 1635
Joined: Fri Nov 18, 2016 7:00 am
Reputation: 778
Gender: None specified

Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Mr. Hyde » Tue Aug 18, 2020 2:04 pm

head an shoulders. Pin bar entry on 1hr. 5 to 1RR
Attachments
AUDCADH4.png
AUDCADH4.png (41.83 KiB) Viewed 2224 times

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”