$TRILLION STRATEGY

[TheRumpledOne]

VEGAS method. It works. I didn't invent it. But it makes me money whenver I use it.

All I did was write the indicators for TradeStation. NO TWEAKING AT ALL.

That was tough - coding something AS INTENDED and NOT messing with it. My EGO lost that battle..LOL

[TheRumpledOne]

$TRILLION

[Accrete]

Thanks for your great reply Avery. I agree 100% Don't exactly know what some of your phrases mean such as APPLE JUICE and such, but maybe in time.

... I just entered long on Jpy and Chf pairs and short on the Eur just before rollover in direction of the day's candle ready to close.


: ) Thom

[Patch]

Accrete

Good post. I did the math on the numbers you listed in your note.
Boring = +40
Exciting Rida = +4

I hope you make it to the FX Pirates Cove March 3-6.

Jeff in VA

[TheRumpledOne]

Thanks for your great reply Avery. I agree 100% Don't exactly know what some of your phrases mean such as APPLE JUICE and such, but maybe in time.

... I just entered long on Jpy and Chf pairs and short on the Eur just before rollover in direction of the day's candle ready to close.


: ) Thom

"Milking The Cow" is what I call trading at the open of the stock market. You have to get up early and "milk the cows" cause that's when there's milk.

Many people warn you to stay away from trading the open and let things settle down.

But, if you trade AAPL (and/or other "cows") at the open, using my method, you make $100 bills 2 - 4 times in the first 30 minutes. We call that making AAPL JUICE. (See AAPL JUICE thread). It's boring, no "squiggly" lines to watch, just in/out at certain price points based on candle color.

[pipette4x]

VEGAS method. It works. I didn't invent it. But it makes me money whenver I use it.

I agree about the EGO. It does get in the way. I love the simplicity of this method. I'm currently only doing it on the pound. It didn't work last night but i realized this morning that the reason is that i forgot to put a take profit on it. I am blonde

So far it's worked everyday i've tried it. I may expand to the 4 majors and see where it gets me. For now i'm using the previous day's hi or lo for a catastrophic stop.

I like looking at different methods but often find my self too scattered trying to do too many at once and end up sucking at them all. The beauty of this method is that it's once a day, set it and forget it.

I may look into the Vegas method. So Trillion is one method, now to look into another method. I appreciate you mentioning Vegas. Where is that thread?

[TheRumpledOne]

Pipette4x:

I have posted the money management spreadsheet.

YOU MUST USE THAT TO DETERMINE YOUR STOP LOSS.

Failure to do so WILL RESULT IN A CATASTROPHY!

This is NOT guessing... this is scientific statistical data analysis.

You decide how much profit you want to take and enter that in the spreadsheet.

You then try different SL values UNTIL you produce a POSITIVE return.

Netting 10 pips 70% of the time and losing 50 pips 30% of the time will NOT produce a POSITIVE RETURN!!

[pipette4x]

Pipette4x:

I have posted the money management spreadsheet.

YOU MUST USE THAT TO DETERMINE YOUR STOP LOSS.

Failure to do so WILL RESULT IN A CATASTROPHY!

Hi TRO

I downloaded it and will be using it. right now i haven't been using stops because the leverage is SO low, but if my goal is to trade with several std lots then i'll have to use stops. thanks for the advice

[Accrete]

Hi Jeff, LOL. yup, good math. . . as i post the Usd/Jpy trade placed moments before the WedClose is closed in profit and the other two are sitting at break even : ) I found out about the Pirate's Cove just this week , ( maybe next year?? Is it an annual even in March?

Cheers,
Thom

Accrete

Good post. I did the math on the numbers you listed in your note.
Boring = +40
Exciting Rida = +4

I hope you make it to the FX Pirates Cove March 3-6.

Jeff in VA

[TheRumpledOne]

"Pirate's Cove" - I love it...

This thing is taking on a life of it's own!!