ProchargedMopar's Trading Trilogy

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elkin.fernandez
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Re: ProchargedMopar's Trading Trilogy

Postby elkin.fernandez » Sun Jul 23, 2023 6:15 am

Thanks PRO.

I believe, I understand the core idea.

Im gonna practice. lel.
My long term bag: Bitcoin, ZCash and Chainlink 8)

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sun Jul 23, 2023 2:00 pm

My trading this morning has been crap. buy sell buy sell, going the wrong way, getting in early/late,
Seeing way more profit and then taking less. STEP AWAY FROM THE PC!!!!!!

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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 » Sun Jul 23, 2023 4:30 pm

Opened chart in church, One more spike up and we can sell. (not there yet)

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Ok, I guess it was done.

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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 » Sun Jul 23, 2023 4:32 pm

prochargedmopar wrote:My trading this morning has been crap. buy sell buy sell, going the wrong way, getting in early/late,
Seeing way more profit and then taking less. STEP AWAY FROM THE PC!!!!!!

###misc1.jpg


Figure out exactly what you want, and then use simple ideas to achieve it:

price only moves up or down, whether you think long and hard or just draw a line.

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"Everything Should Be Made As Simple As Possible, But Not Simpler!"

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sun Jul 23, 2023 4:59 pm

Church parking lot. Then,
Side tract chatting in foyer.

Uhhhhh

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Yo!!!!!!

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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 » Sun Jul 23, 2023 5:03 pm

IgazI wrote:
prochargedmopar wrote:My trading this morning has been crap. buy sell buy sell, going the wrong way, getting in early/late,
Seeing way more profit and then taking less. STEP AWAY FROM THE PC!!!!!!

###misc1.jpg


Figure out exactly what you want, and then use simple ideas to achieve it:

price only moves up or down, whether you think long and hard or just draw a line.

happyWife_simpleLife.jpg


Now we are getting back to classic chart patterns.
Much better.

lol
#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 » Sun Jul 23, 2023 5:48 pm

Just left home depot, don't want none till here. We wait.

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Tried to buy but internet on the fritz and TV not placing order.

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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 » Sun Jul 23, 2023 6:02 pm

Out of grocery store..

It will most likely place the buy up there. hahahaha

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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 » Sun Jul 23, 2023 6:17 pm

If a buy won't work let me try to sell.

Tap smash.

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IMG_4099-compressed.png
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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 » Sun Jul 23, 2023 6:28 pm

prochargedmopar wrote:
Now we are getting back to classic chart patterns.
Much better.

lol


The plan was always to "simple as 1-2-3" :)

Charts are a collection of dots, and price moving away from these collections.

the 20 period MA is similar to the body of a candlestick; you have extreme/unstable prices (dots) and stable prices (lines):
the MA moving below the lines is the same as bodies closing lower, and the dots recrossing the line is like a wick.

A diagonal line is the expectation that price should rise or fall faster than what was drawn.

A horizontal line is the expecation that price should hold above or below a certain level.

There is no need to overcomplicate it by giving everything a name.

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