ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Oct 26, 2022 10:44 pm

aliassmith wrote:
prochargedmopar wrote:Randomly sit down to charts, draw a line, mark the entry. snap pic of result.
Where is dchappy?
He could make a killing with this instrument using 123/break or RH/break.
Using the Traders Trick entry he'd need a wheelbarow!!! LOL

Random1.pngRandom2.png


If you know that, why isn't your wheelbarrow full?
I know you said you want to master the markets but I don't believe anyone understands or knows 100% of any subject matter out there.

When it comes to the markets there are many assumptions people use as a hypothetical basis. Are these assumptions true? Maybe some are true. End goal is a desired outcome.

If your desired outcome is knowing everything about the markets then good luck crawling down all the rabbit holes.

If your desired outcome is knowing enough to make money. Well you already have that knowledge.

Implementation of the knowledge will be the more difficult process.

Dchappy could use a sma and a 123 make $40k in a day and say "I think I'm good for the year. I'll talk to you guys next year"


Well,
Today I would consider total CRAP.
I ended up closing a trade I had running for half the day @ a -10.6% loss. (106 points)
Losing trades 2, @6 points each other than the doozy above.
Final % gained in the NY session?
+44.27%.
Trust me, I was pissed. :smt010
Had to trade the WRONG way most of the day because I am unwilling to "Lose".
That makes getting any kind of runner almost impossible.
It was an EASY 1-200% day if I would DO what I know is Right to DO.

NEXT.
Last edited by prochargedmopar on Thu Oct 27, 2022 3:03 am, edited 1 time in total.
#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: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Oct 26, 2022 10:47 pm

I thought this was kinda funny.
Good practice zeroing out traders of all levels.
ICT posted his short trade and we had a Amish Whip and a few Zl's show up right before his "liquidity" level.
Bounce:

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#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 » Wed Oct 26, 2022 11:36 pm

Had a hunch, looks like it played out.

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#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 IgazI » Thu Oct 27, 2022 2:22 am

You're being too technical . . .

the idea is that price cannot rise on wicks, and never have you seen a chart go higher (make a large move) without closing higher.

Same with the zero-line, it's more of a concept than a specific thing.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Thu Oct 27, 2022 2:51 am

IgazI wrote:You're being too technical . . .

the idea is that price cannot rise on wicks, and never have you seen a chart go higher (make a large move) without closing higher.

Same with the zero-line, it's more of a concept than a specific thing.


No sir,
Those are SWINGS on the lower timeframe, NOT a specific Z Line.

"A zero line is the concept of a place on the chart that you think breakout traders are holding profit" MO
That can be different for YOU and I.

"Price can not rise on wicks alone, neither can it go lower without closing below 'something'. MO
See the closes? Staying short got him stopped out, it didn't do such a thing during the beginning of the trade.

"Closed candles are TRUTH and the current candle is an Illusion, Trade the Illusion" MO
Wicks n Tails baby, without them trading would be boring.

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#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 Oct 27, 2022 3:01 am

Look familiar?
NY today and Asia this eve.
"Market is on repeat" DaveTeaches
I think the hard drive in my PC has a scratch.

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#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 Oct 27, 2022 3:13 am

There's that scratch again.
Got me a broken record, Time for a refurbish.

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#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 » Thu Oct 27, 2022 8:37 am

prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:Randomly sit down to charts, draw a line, mark the entry. snap pic of result.
Where is dchappy?
He could make a killing with this instrument using 123/break or RH/break.
Using the Traders Trick entry he'd need a wheelbarow!!! LOL

Random1.pngRandom2.png


If you know that, why isn't your wheelbarrow full?
I know you said you want to master the markets but I don't believe anyone understands or knows 100% of any subject matter out there.

When it comes to the markets there are many assumptions people use as a hypothetical basis. Are these assumptions true? Maybe some are true. End goal is a desired outcome.

If your desired outcome is knowing everything about the markets then good luck crawling down all the rabbit holes.

If your desired outcome is knowing enough to make money. Well you already have that knowledge.

Implementation of the knowledge will be the more difficult process.

Dchappy could use a sma and a 123 make $40k in a day and say "I think I'm good for the year. I'll talk to you guys next year"


Well,
Today I would consider total CRAP.
I ended up closing a trade I had running for half the day @ a -10.6% loss. (106 points)
Losing trades 2, @6 points each other than the doozy above.
Final % gained in the NY session?
+44.27%.
Trust me, I was pissed. :smt010
Had to trade the WRONG way most of the day because I am unwilling to "Lose".
That makes getting any kind of runner almost impossible.
It was an EASY 1-200% day if I would DO what I know is Right to DO.

NEXT.


What would that be? Using a SL?
Trade Your Way as Long as It Makes Money!

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Thu Oct 27, 2022 10:33 am

This is what happens when we sleep. 50% (C/E)
Wick as gap. (ICT)

#US301.JPG
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#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: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Thu Oct 27, 2022 10:38 am

aliassmith wrote:
prochargedmopar wrote:
aliassmith wrote:
If you know that, why isn't your wheelbarrow full?
I know you said you want to master the markets but I don't believe anyone understands or knows 100% of any subject matter out there.

When it comes to the markets there are many assumptions people use as a hypothetical basis. Are these assumptions true? Maybe some are true. End goal is a desired outcome.

If your desired outcome is knowing everything about the markets then good luck crawling down all the rabbit holes.

If your desired outcome is knowing enough to make money. Well you already have that knowledge.

Implementation of the knowledge will be the more difficult process.

Dchappy could use a sma and a 123 make $40k in a day and say "I think I'm good for the year. I'll talk to you guys next year"


Well,
Today I would consider total CRAP.
I ended up closing a trade I had running for half the day @ a -10.6% loss. (106 points)
Losing trades 2, @6 points each other than the doozy above.
Final % gained in the NY session?
+44.27%.
Trust me, I was pissed. :smt010
Had to trade the WRONG way most of the day because I am unwilling to "Lose".
That makes getting any kind of runner almost impossible.
It was an EASY 1-200% day if I would DO what I know is Right to DO.

NEXT.


What would that be? Using a SL?


I asked myself the same question.
It's a hypthetical answer.
Small losses but also the ability to take much higher quality setups.
Set FREE from the Red/Green rat mantra as I wouldn't be locked in to one direction. Hhahahahaahah

I thought about just ignoring the wrong way trade and start trading the other way being I'm using Hanko, BUT
That would open up a whole new can of worms.

ONLY suppose to hedge when IN PROFIT on retraces.
#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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