ProchargedMopar's Trading Trilogy

[prochargedmopar]

The_Basics_Risk_Box.png (93.37 KiB) Viewed 404 times

[prochargedmopar]

Using the chart above for calculations the Risk BOx and lot size we take a few scalps.
Starting lot size was $4.x
After a couple scalps this morning and a couple this afternoon.........
Next entry will be @ $13.x using 2 line Stop (8 pips)
"Risk lines/make lines"

4 losses in a row blows BOx.
24 losses in a row to Blow challenge Account ($600 total lost)

Max size allowed for fund challenge is $20 per (2 lots)
Max for Hanko using 500:1? All of it!! LOL

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[prochargedmopar]

After getting to about $500 profit you can run MAX lot size ($20 per) and still lose 8 lines before getting close to dipping into the original allotted $625 static. All volitility calculations based on AU m15 chart. Easily and seamlessly move between all pairs/instruments and all timeframes using above 8th's chart.

[prochargedmopar]

Higher volatility specified lower lot size for larger lines. Last night Asia next trade would have been $14 lot, This morning after news it was $10 for same risk. After the couple scalps shown Risk box was up to over $400 and lot size will be $13 on next entry. (higher in Asia but same risk) Goal is to get to the max of $20 per and eliminate the initial $100 risk of challenge accounts $625 before hitting $2k goal. Risk management GAME, NEVER blow up!!!!! With own acct and 500:1???? Limitless!!!!!!

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[prochargedmopar]

Keep in mind, this thing been in 20 pip range all morning and only took 2 scalps. Lot size available has tripled in 3 scalp sessions (6 trades) on SLOW pair. Risk is the SAME $100

[prochargedmopar]

Took a scalp on U30.
Took profits (waaaay to much off) and let it ride.
That one trade would have hit challenge acct target at initial entry size. hahahahaahah.


New risk BOx and lot size calculations using higher volatility of AU.
During Asia tonight should be maxed out at $20 per

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[prochargedmopar]

"You can't have everything can you, OR can you? Find out next time on DragonBall Z". Dave Teaches

[Don_xyZ]

"You can't have everything can you, OR can you? Find out next time on DragonBall Z". Dave Teaches

Depends on what definition of everything that you are using. This stupid looking caped baldy packs a punch

images (59).jpeg (8.46 KiB) Viewed 176 times

[prochargedmopar]

"You can't have everything can you, OR can you? Find out next time on DragonBall Z". Dave Teaches

Depends on what definition of everything that you are using. This stupid looking caped baldy packs a punch

images (59).jpeg

Aren't you a little old to be watching cartoons?

[prochargedmopar]

Traded AU most of friday because family members were visiting. Came into computer room and took a couple NQ scalps randomly.
Totally forgot about the runner that would have put the account over the $2k target but got Zeroed out before I remembered it.

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