The ideas that I trade by:

[MightyOne]

0 / .25 / .4 / .5 / .5714 / .625 / .6666 / .7 / .75 / .8 / .85 / .9 / 1

3 lots --->

If you have $1,000 and are risking $50/trade then you would stretch the tool to 166 pips in length.

If the pip value is $1.20 then ---> (1/1.2) * 166 = 138 pips in length.

If you go long 6 lots, make 40 pips, and want to move the 6 lot line to the current price then lengthen the tool by (6/3) * 40

If you add lots, say 6/10, then 3/10 will adjust the tool to the right spot.

[MightyOne]

Your position is in the same spot no matter where you enter.

If they want your money then they are going to have to move price to the longer term extreme.
Should you decide to move your <---position---> to the daily minus extreme then YOUR STOPS SHOULD THROW YOUR <---position---> back outside of the daily plus area.

Picture a daily chart trending upwards and yourself trailing a stop below the lows. Now picture that, instead of a stop, your position size is growing as price rises. Next imagine that you made use of partial stop loss orders that shed just enough lots to throw your <---Position---> to the weekly+ extreme...

that is how it is done.

[PebbleTrader]

MightyOne is using the Fibo tool in the above pic.

Clever use of it

[PebbleTrader]

I do the math in a separate program but it's too complicated (not simple to use), maybe I'll adopt this method, not sure yet, I really need a fast and simple way to manage it.

[Jalarupa]

I do the math in a separate program but it's too complicated (not simple to use), maybe I'll adopt this method, not sure yet, I really need a fast and simple way to manage it.

I've been trying for the whole week to get this right in Open Office with a live feed, entry price and a space size...

But its now gotten to the point where things have become beyond confusing...

*Edit thx for the picture with the tool MO - The penny has dropped... FINALLY!

[PebbleTrader]

I was working on making it simple today, the problem I have is that my trading is like chess where there is strategic moves with entries and exits and keeping track of space all along the trade legs is what had been bothering me and losing track where I'm at...

[PebbleTrader]

"Picture a daily chart trending upwards and yourself trailing a stop below the lows. Now picture that, instead of a stop, your position size is growing as price rises. Next imagine that you made use of partial stop loss orders that shed just enough lots to throw your <---Position---> to the weekly+ extreme... "

Spank The Banks!

[MightyOne]

I was working on making it simple today, the problem I have is that my trading is like chess where there is strategic moves with entries and exits and keeping track of space all along the trade legs is what had been bothering me and losing track where I'm at...

Sticky notes, green for down and yellow for up

[prochargedmopar]

So many ways to express the same exact thing.
Brain toast.

I do like spank the banks better than drain the banks, I may have to have my t-shirt adjusted.

[prochargedmopar]

Have you ever heard of GROUP THINK?

ALL IDEAS ORIGINATE IN A SINGLE MIND!

Not sure what you are implying.

Certainly a group CAN revolve around the same concepts.

Yes, the idea originates in ONE mind, but by being in a group or surrounding yourself with others (not always working in isolation, to make my point, lets say that you were the extreme and lived your life in complete isolation) the group will evolve the idea much further than a single mind could.

By comparing questions and answers from a variety of different fields and perspectives, we will be able to connect ideas to come up with a unique answer (unique idea) ? maybe a million dollar or world changing idea???

A good idea is the result of a network. Certainly you can get a good idea living in complete isolation but your progress will be extremely stunted.

A new idea is a "network of things" exploring the adjacent possible for the first time.

Good ideas want to connect, fuse and recombine!

www.robbwolf.com
www.marksdailyapple.com

and for results possible with this diet:
http://games.crossfit.com/