2009.09.10 DRAIN THE BANKS - LIKE A RAT
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- TheRumpledOne
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MAXIMUM RISK = 2% * ACCOUNT BALANCE.
STOP LOSS = 10 PIPS. (INCLUDING SPREAD)
POSITION SIZE = RISK / STOP LOSS.
This is how you make 2% per day.
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The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.
Today, I am using the MO REVERSALS indicator that I coded.
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Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.
THINK ABOUT IT!!
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PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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- TheRumpledOne
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digikk wrote:Hi TRO,
I think you missed this question in the "fixed spread bandit" thread, so I am asking it here again.
What does someone get for using you as a referral at MB Trading?
And do I have to send you an email after opening an account?
Thanks
Dave
Well, you get my appreciation. When I was an IB, I would send out special indicators and other goodies.
Yes, you will have to send me an email so I can make sure you are on my list because, due to privacy rules, I can't get your name from MBT.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
- rank: 10000+ posts
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- Joined: Sun May 14, 2006 9:31 pm
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- Real name: Avery T. Horton, Jr.
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1) Price within 20 pips of the daily low (ClLo < 20) - that is OPPORTUNITY
<-------------------------------------------------------------------->
The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.
<-------------------------------------------------------------------->
Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.
THINK ABOUT IT!!
<-------------------------------------------------------------------->
PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15558
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3035
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
MAXIMUM RISK = 2% * ACCOUNT BALANCE.
STOP LOSS = 10 PIPS. (INCLUDING SPREAD)
POSITION SIZE = RISK / STOP LOSS.
This is how you make 2% per day.
<-------------------------------------------------------------------->
The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.
Today, I am using the MO REVERSALS indicator that I coded.
<-------------------------------------------------------------------->
Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.
THINK ABOUT IT!!
<-------------------------------------------------------------------->
PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15558
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3035
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
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- TheRumpledOne
- rank: 10000+ posts
- Posts: 15558
- Joined: Sun May 14, 2006 9:31 pm
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- TheRumpledOne
- rank: 10000+ posts
- Posts: 15558
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3035
- Location: Oregon
- Real name: Avery T. Horton, Jr.
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HAPPY GROUND HOG DAY!
<-------------------------------------------------------------------->
1) Price within 20 pips of the daily low (ClLo < 20) - that is OPPORTUNITY
<-------------------------------------------------------------------->
The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.
<-------------------------------------------------------------------->
Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.
THINK ABOUT IT!!
<-------------------------------------------------------------------->
PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
-
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My first real trade
TRO this is my first post here. What I look for is two or more candles in one direction and then look for the opposite this one happen to be a perfect setup this morning.
- TheRumpledOne
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- Joined: Sun May 14, 2006 9:31 pm
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WILL GROUNDHOGS EAT CHEESE? LOL!!!
<-------------------------------------------------------------------->
MAXIMUM RISK = 2% * ACCOUNT BALANCE.
STOP LOSS = 10 PIPS. (INCLUDING SPREAD)
POSITION SIZE = RISK / STOP LOSS.
This is how you make 2% per day.
<-------------------------------------------------------------------->
The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.
Today, I am using the MO REVERSALS indicator that I coded.
<-------------------------------------------------------------------->
Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.
THINK ABOUT IT!!
<-------------------------------------------------------------------->
PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15558
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3035
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
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