Aliassmith Beats a "Dead Horse"

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LeMercenaire
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Re: Aliassmith Beats a "Dead Horse"

Postby LeMercenaire » Fri Jan 07, 2022 2:36 pm

aliassmith wrote:Happy New Year All

I came back because someone asked me to reconsider leaving. I decided to come back. The thing is I'm not sure how much more value I can contribute.

We had some great debates, discussions, and wars over the years. For the most part most things have been said over and over.

As I said I won't be here calling entries/exits or explaining things step by step. Even if I did explain things step by step it probably won't work for you. The markets are dynamic, you need to also be dynamic. You need to put in the research and chart time to find out what speaks to you as I have done over the years.


As you know, my thinking also. Trying to re-invent the wheel constantly becomes tiring.

Still enjoy hanging out and sticking the odd chart up, so makes it worthwhile hanging around for me.

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prochargedmopar
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Re: Aliassmith Beats a "Dead Horse"

Postby prochargedmopar » Fri Jan 07, 2022 4:23 pm

aliassmith wrote:Sometimes I don't even know what day it is. I almost got caught slippin' trading through NON-FARM PAYROLL. I think it swung 100 points and I was scalping. Close call!


I know feeling.

Wake up on a Sat and look at chart.
Hmmmm, Not moving. Connection?

Then other days I forget it's even trading.
That hasn't happened much lately though as I've been bittin by the bug again.

First Year+ of retirement I just sat around watching Youtube vids of other people getting sh!T done while dreaming about working on all mine.
Might as well look at charts instead while I'm not doing anything. hahahah
#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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prochargedmopar
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Re: Aliassmith Beats a "Dead Horse"

Postby prochargedmopar » Fri Jan 07, 2022 4:24 pm

LeMercenaire wrote:
aliassmith wrote:Happy New Year All

I came back because someone asked me to reconsider leaving. I decided to come back. The thing is I'm not sure how much more value I can contribute.

We had some great debates, discussions, and wars over the years. For the most part most things have been said over and over.

As I said I won't be here calling entries/exits or explaining things step by step. Even if I did explain things step by step it probably won't work for you. The markets are dynamic, you need to also be dynamic. You need to put in the research and chart time to find out what speaks to you as I have done over the years.


As you know, my thinking also. Trying to re-invent the wheel constantly becomes tiring.

Still enjoy hanging out and sticking the odd chart up, so makes it worthwhile hanging around for me.


Hi!
Let's see em'
#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

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Mon Jan 10, 2022 1:24 pm

Its Monday
I might have covid
Grabbed +11 +5 +1
Time to go rest.

PRO
Hitting numbers like that consistently can make you plenty of money bags. No need to keep seaching outside. Search within going forward.

50pips a week (like your buddy ICT says)
25pips equals 1%
50 weeks a year equals 100%
$100k of rich uncles money equals $80k pretax

Plug in your own numbers and rich uncle plan.
60pips a week
20pips equals 1%
12% a month
Trade Your Way as Long as It Makes Money!

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cheunt3
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Re: Aliassmith Beats a "Dead Horse"

Postby cheunt3 » Mon Jan 10, 2022 3:30 pm

aliassmith wrote:Its Monday
I might have covid
Grabbed +11 +5 +1
Time to go rest.

PRO
Hitting numbers like that consistently can make you plenty of money bags. No need to keep seaching outside. Search within going forward.

50pips a week (like your buddy ICT says)
25pips equals 1%
50 weeks a year equals 100%
$100k of rich uncles money equals $80k pretax

Plug in your own numbers and rich uncle plan.
60pips a week
20pips equals 1%
12% a month


Hey Alias, sent you a PM about covid. Better not irk the powers of B talking about it openly in Kres.
MO "Don't try to predict what will happen next, simply aim to consistently apply your ideas."

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

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Mon Jan 10, 2022 4:09 pm

cheunt3 wrote:
aliassmith wrote:Its Monday
I might have covid
Grabbed +11 +5 +1
Time to go rest.

PRO
Hitting numbers like that consistently can make you plenty of money bags. No need to keep seaching outside. Search within going forward.

50pips a week (like your buddy ICT says)
25pips equals 1%
50 weeks a year equals 100%
$100k of rich uncles money equals $80k pretax

Plug in your own numbers and rich uncle plan.
60pips a week
20pips equals 1%
12% a month


Hey Alias, sent you a PM about covid. Better not irk the powers of B talking about it openly in Kres.


I appreciate the information.
Trade Your Way as Long as It Makes Money!

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Tue Jan 11, 2022 12:59 pm

Being sick and trading sucks.
+5 and I'm done
I was stuck in a little range so I bailed
No patience for it today.
Trade Your Way as Long as It Makes Money!

Lvup7
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Re: Aliassmith Beats a "Dead Horse"

Postby Lvup7 » Tue Jan 11, 2022 1:57 pm

How do you guys trade out of losing trade. Is just take the loss, or some sort of hedging strategy?

I tried an uneven hedge in the past intraday

10 pip zone
IE Buy example 1 lot up --------->1.3 lot up = 2.3

1.5 down

Price Does not go up and turns against you sell stop hits you are in at 1.5 now. You'll have to make 20 pips to recover your zone for BE.
If price Does not go down and hits your second buy stop 1.3 your loaded at 2.3. You still need to make 20 pips to recover your zone for BE trade.

Its great when it works, Timing is key. When it doesn't work and your money gets eating up fast.

Stop trading it, added risk was not worth it.

Lvup7
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Re: Aliassmith Beats a "Dead Horse"

Postby Lvup7 » Tue Jan 11, 2022 2:02 pm

aliassmith wrote:Being sick and trading sucks.
+5 and I'm done
I was stuck in a little range so I bailed
No patience for it today.



Feel better Bud.

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Tue Jan 11, 2022 7:49 pm

Lvup7 wrote:How do you guys trade out of losing trade. Is just take the loss, or some sort of hedging strategy?

I tried an uneven hedge in the past intraday

10 pip zone
IE Buy example 1 lot up --------->1.3 lot up = 2.3

1.5 down

Price Does not go up and turns against you sell stop hits you are in at 1.5 now. You'll have to make 20 pips to recover your zone for BE.
If price Does not go down and hits your second buy stop 1.3 your loaded at 2.3. You still need to make 20 pips to recover your zone for BE trade.

Its great when it works, Timing is key. When it doesn't work and your money gets eating up fast.

Stop trading it, added risk was not worth it.


To trade out of a loss you should take the stop or start your position out smaller that way you can add to a loss in a predefined range.
Trade Your Way as Long as It Makes Money!

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