http://theinnercircletrader.blogspot.com/
Lesson 1:
Small ranges beget large ranges.
Large ranges beget small ranges.
Where have I heard this before?
LOL
ProchargedMopar's Trading Trilogy
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- prochargedmopar
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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
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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I posted this in breden's thread too.
Bredin,
Please, Please build this indicator!!
My son (7) ask me what a fractal was. That opened the flood gates.
My 15yo doesn't have much interest but the little guy does.
He's my new trading buddy.
I started to explain what dealing ranges were and that got me to thinking that this kid would have no fear. I've got to be VERY careful what I say to him as not to create it.
Anyway, when they play video games all they have is "lives".......and then can either build up from 3 to a 100(some games when you good) or go to zero and start over again.
Wouldn't it be great to be able to do as es/pip does and never have to look at P/L until the end of the day...........just how many LIVES you have left or have gained.
You might be able to use TRO_Dragon Money management to get the balance, risk % and lot sizes.
With this indicator you would have to keep the lot size the same so the # of lives would change and not the percentage of risk.
Hope you understand what I'm saying. After I made it to 100 or 120 lives then I could up the pip value to drop back to 79,89, (or what ever cushion a person feels comfortable with) and start to build again.
It would look something like this.
I attached that indicator just in case you want to use it but you may prefer to start from scratch.
I could calculate it manually after every trade and then change the DTB tag but that kind of defeats the purpose of not looking at your balance.
Bredin,
Please, Please build this indicator!!
My son (7) ask me what a fractal was. That opened the flood gates.
My 15yo doesn't have much interest but the little guy does.
He's my new trading buddy.
I started to explain what dealing ranges were and that got me to thinking that this kid would have no fear. I've got to be VERY careful what I say to him as not to create it.
Anyway, when they play video games all they have is "lives".......and then can either build up from 3 to a 100(some games when you good) or go to zero and start over again.
Wouldn't it be great to be able to do as es/pip does and never have to look at P/L until the end of the day...........just how many LIVES you have left or have gained.
You might be able to use TRO_Dragon Money management to get the balance, risk % and lot sizes.
With this indicator you would have to keep the lot size the same so the # of lives would change and not the percentage of risk.
Hope you understand what I'm saying. After I made it to 100 or 120 lives then I could up the pip value to drop back to 79,89, (or what ever cushion a person feels comfortable with) and start to build again.
It would look something like this.
I attached that indicator just in case you want to use it but you may prefer to start from scratch.
I could calculate it manually after every trade and then change the DTB tag but that kind of defeats the purpose of not looking at your balance.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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I went long at what I thought would be support...nope, bailed at -15 (1 life)
Immediately set a limit/buy 20 pips below.
Came back a little while later to see that trade up 15.
Hmmmm
I could move stop to b/e and if it blows through that level I'll get in again and again with each entry being higher and higher probabilities to pay (numerous lives).
Immediately set a limit/buy 20 pips below.
Came back a little while later to see that trade up 15.
Hmmmm
I could move stop to b/e and if it blows through that level I'll get in again and again with each entry being higher and higher probabilities to pay (numerous lives).
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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This is funny, I'm teaching a class my 7 and 11 yr kiddos....we are loading life indy's.....hahahaha
TP hit shortly after this snapshot +1 LIFE
TP hit shortly after this snapshot +1 LIFE
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- TygerKrane
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- prochargedmopar
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This is fun, I'm going for a few lives on this one............
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- aliassmith
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- prochargedmopar
- rank: 10000+ posts
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- Joined: Sat Dec 20, 2008 6:07 am
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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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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Greedy?
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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Here are a couple of sweet trades both demo and live.
Fxdd has 5 pip spread on a/j but if your going for 50 instead of 5, .........
Fxdd has 5 pip spread on a/j but if your going for 50 instead of 5, .........
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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