ProchargedMopar's Trading Trilogy

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aliassmith
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Re: ProchargedMopar's Trading Trilogy

Postby aliassmith » Thu Dec 31, 2020 5:57 pm

prochargedmopar wrote:I know one thing.
This 5 pips 1:1 aint gonna cut it.

Gong to 1:2 SL/TP


Well 1.5R trades can make a big difference when it comes to the math. 50% of your trades are winners then you can still make a lot of cash.

If you study market structure you can see how the algorithm operates. It seems to look for 1:1, 1:2, 1:3 moves. Use that modified fib with the 1x 2x etc and measure single candle breakouts.

I dont believe there is an overlord algo running the markets but a lot of algos are looking for similar things. They enter on triggers and exit on ratios and or triggers.

I'll continue this in my thread.
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Re: ProchargedMopar's Trading Trilogy

Postby buffalo » Thu Dec 31, 2020 8:43 pm

IgazI wrote:
prochargedmopar wrote:
It all makes sense,
But does it?

Sounds good in theory, and I've seen A LOT of theories in my day, :D
but are YOU making money?



Short answer, yes.

Long answer, yes; but not in Forex, because Forex is where dreams go to die.


What markets do you trade?

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Thu Jan 07, 2021 3:11 pm

aliassmith wrote:
prochargedmopar wrote:I know one thing.
This 5 pips 1:1 aint gonna cut it.

Gong to 1:2 SL/TP


Well 1.5R trades can make a big difference when it comes to the math. 50% of your trades are winners then you can still make a lot of cash.

If you study market structure you can see how the algorithm operates. It seems to look for 1:1, 1:2, 1:3 moves. Use that modified fib with the 1x 2x etc and measure single candle breakouts.

I dont believe there is an overlord algo running the markets but a lot of algos are looking for similar things. They enter on triggers and exit on ratios and or triggers.

I'll continue this in my thread.


I've been so busy I haven't been able to catch up on ur thread in I don't know how long.
I will do it some day a your thread is the ONLY one up in my browser other than mine.
#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: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Thu Jan 07, 2021 3:15 pm

IgazI wrote:
prochargedmopar wrote:
IgazI wrote:

Short answer, yes.

Long answer, yes; but not in Forex, because Forex is where dreams go to die.


Hmmmmm
Your Theory must not work in all markets.
Fairly impossible.


All you had to say was "I neither want nor require your assistance" :lol:

Goodbye, PRO.


Hi
Igazi?
Have we met?

What you posted was either gibberish to me or so blatantly obvious I didn't know what to say,
so I asked a question.
If you're gone, Cya.
#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: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Thu Jan 07, 2021 3:26 pm

aliassmith wrote:
prochargedmopar wrote:
IgazI wrote:

Short answer, yes.

Long answer, yes; but not in Forex, because Forex is where dreams go to die.


Hmmmmm
Your Theory must not work in all markets.
Fairly impossible.


Each market would have its own rotation Calculations. The EU might have a 6 pip rotation. The ES might have a 13 tick rotation. The YM might have a 100 point rotation.

It could be very possible if you believe ICT and the same algo runs all the markets.


Algo smalgo.

What a load of B.S.!!

It's fear and greed, the computers are programmed by people.
Fear/Greed.

This world is so easily controlled and manipulated it's pathetic.
Look around.
And I'm part of it.

WTH?

Ancient religions say there are 3 causes of suffering.
My Dad says it's only two, Stupidity and Greed.

Hahahaahah
I argued with him for years but then looked closer.
Doh.
Older I get the more I think he is right.

Show me something that can not be classified under one or the other.
Stupidity or Greed.
#1BODY in direction of profit #2INCREASE lot size Obsessively
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Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Thu Jan 07, 2021 5:07 pm

This pattern is a kicker,
I see no place to join the selloff.
Only thing for me to do is wait, wait, wait to buy.

###14.JPG
###14.JPG (60.25 KiB) Viewed 2238 times


I guess one could look left and take a stab at it???
Green only so I can only flip it.

###15.JPG
###15.JPG (77.04 KiB) Viewed 2238 times
#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: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jan 08, 2021 7:07 pm

Yes, I slept in past 11a, mixed up some bird seed/cracked corn with 5yo daughter for the wild birds, watched a few youtube vids about diesel performance and shopped for some parts, then saw TRO posted a vid on NFP so looked at charts.

-5
+10 double size
That's 5+, Done.


###16.JPG
###16.JPG (61.95 KiB) Viewed 2182 times
#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: ProchargedMopar's Trading Trilogy

Postby aliassmith » Fri Jan 08, 2021 9:39 pm

prochargedmopar wrote:Yes, I slept in past 11a, mixed up some bird seed/cracked corn with 5yo daughter for the wild birds, watched a few youtube vids about diesel performance and shopped for some parts, then saw TRO posted a vid on NFP so looked at charts.

-5
+10 double size
That's 5+, Done.


###16.JPG


Would you have stopped at 1 double trade?
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat Jan 09, 2021 12:09 am

aliassmith wrote:
prochargedmopar wrote:Yes, I slept in past 11a, mixed up some bird seed/cracked corn with 5yo daughter for the wild birds, watched a few youtube vids about diesel performance and shopped for some parts, then saw TRO posted a vid on NFP so looked at charts.

-5
+10 double size
That's 5+, Done.


###16.JPG


Would you have stopped at 1 double trade?


No,
At 2:1 profit ratio I only have to increase by 50% on the second.
Accidently doubled and hit TP so got a little bonus going into the weekend.

:mrgreen:

It would be a very rare day to lose 3 in a row.
This is why TRO says to go GREEN or RED.
Makes life a LOT simpler.

Yes, it's harder to get 10 pips BUT it is also less stressful.
Lot size is smaller on 2nd or 3rd entries.
A win/win.
#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: ProchargedMopar's Trading Trilogy

Postby aliassmith » Sat Jan 09, 2021 12:55 am

prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:Yes, I slept in past 11a, mixed up some bird seed/cracked corn with 5yo daughter for the wild birds, watched a few youtube vids about diesel performance and shopped for some parts, then saw TRO posted a vid on NFP so looked at charts.

-5
+10 double size
That's 5+, Done.


###16.JPG


Would you have stopped at 1 double trade?


No,
At 2:1 profit ratio I only have to increase by 50% on the second.
Accidently doubled and hit TP so got a little bonus going into the weekend.

:mrgreen:

It would be a very rare day to lose 3 in a row.
This is why TRO says to go GREEN or RED.
Makes life a LOT simpler.

Yes, it's harder to get 10 pips BUT it is also less stressful.
Lot size is smaller on 2nd or 3rd entries.
A win/win.


Fair enough.
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