Hello dear RAT_TRADER
As I said, from time to time I would like to share my experiences and progress with you.
It has proven to be VERY TRUE, either a green rat or a red rat. (Many thanks to TRO and LeMercenaire)
After my decision to be a GREEN RAT, the profit trades have become more.
It is very important to make a decision.
Which rat are you? GREEN or RED?
This is what my TRO_RAT_ZONE chart looks like. The yellow and blue lines are NOT CROSSED H1 lines. This help me for support and resistance. The second chart helps me to have an overview.
Since Tuesday I trade strictly according to plan. The results from Tuesday to Thursday look like this:
RISK 1%
TOTAL TRADES 17
PROFIT TRADES 12
PROFIT FACTOR 3.07
Thanks TRO for the Indis and YT Videos
2009.09.10 DRAIN THE BANKS - LIKE A RAT
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- Skyold
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Do the right, right and often enough = success
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
How about adding push alert to the ratzone indicator to alert for each time price exits a ratzone. Alert could be sent at exit candle close.
- TheRumpledOne
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
vghanem wrote:How about adding push alert to the ratzone indicator to alert for each time price exits a ratzone. Alert could be sent at exit candle close.
You need to know when price is IN THE RAT ZONE, now when price leaves the RAT ZONE.
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
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Check out this article:
RATS BEAT YALIES: DOING BETTER BY GETTING LESS INFORMATION?
http://itre.cis.upenn.edu/~myl/language ... 02700.html
RATS BEAT YALIES: DOING BETTER BY GETTING LESS INFORMATION?
http://itre.cis.upenn.edu/~myl/language ... 02700.html
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.
- BambinoFlex
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
For me, that was the most difficult part of becoming a profitable trader. The fear of being wrong and the expectation of being right were the most detrimental parts of trading, both mentally and emotionally.
"If you're wrong, guess what...thats TRADING"
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- Skyold
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
BambinoFlex wrote:For me, that was the most difficult part of becoming a profitable trader. The fear of being wrong and the expectation of being right were the most detrimental parts of trading, both mentally and emotionally.
I agree with that.
That's the hardest part of trading.
I also have the following story:
When I started with the salesman my boss told me; I should always keep a statistic about my business. That's the most important thing a business man needs to do.
After many months, I knew about my business. That means, I always knew what to do to achieve my goal.
Do the right, right and often enough = success
- BambinoFlex
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Skyold wrote:BambinoFlex wrote:For me, that was the most difficult part of becoming a profitable trader. The fear of being wrong and the expectation of being right were the most detrimental parts of trading, both mentally and emotionally.
I agree with that.
That's the hardest part of trading.
I also have the following story:
When I started with the salesman my boss told me; I should always keep a statistic about my business. That's the most important thing a business man needs to do.
After many months, I knew about my business. That means, I always knew what to do to achieve my goal.
Good story, makes sense. All similar in this style of trading. We know that statistics of a move happening.
"If you're wrong, guess what...thats TRADING"
- BambinoFlex
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Great day for the red rats today! Caught the EURCAD and the GBP pairs that I trade. Extremely lucky.
"If you're wrong, guess what...thats TRADING"
- BambinoFlex
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Been using the TRO_ATR_Lines_HL and its been working great this week for the rat trades. Here is GBPCAD as an example.
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- RatZone.PNG (18.39 KiB) Viewed 3289 times
"If you're wrong, guess what...thats TRADING"
Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
[quote="BambinoFlex"]Been using the TRO_ATR_Lines_HL and its been working great this week for the rat trades. Here is GBPCAD as an example.[/quote
Yeh ive been looking at that on my gold chart this week - mine has Atr 3 and 13 i think.....do u know what that stands for (and how to change it if needed)? Havent managed to work that part out yet! ive been using ratzone and wick zone on gold this week, with pretty decent results (im new to TROs methods)
On a side note - does everyone have the issue when logging in of having to put in a code each time (and everytime i post), painful!
Yeh ive been looking at that on my gold chart this week - mine has Atr 3 and 13 i think.....do u know what that stands for (and how to change it if needed)? Havent managed to work that part out yet! ive been using ratzone and wick zone on gold this week, with pretty decent results (im new to TROs methods)
On a side note - does everyone have the issue when logging in of having to put in a code each time (and everytime i post), painful!
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