2012 DRAIN THE BANKS LIKE A RAT .... CONTINUED

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TheRumpledOne
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Postby TheRumpledOne » Fri Feb 17, 2012 1:43 pm

Fingobob wrote:Would be even better if a you tube post could be setup for the holo entry. That way the explanation would clarify a lot of the principles that you go by.


I may be doing that soon.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby TheRumpledOne » Fri Feb 17, 2012 4:20 pm

Image

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

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Postby arkan1976 » Fri Feb 17, 2012 6:44 pm

Hi Tro, in your picture, the arrows would be failures ?
None reached 5 pips...

Image

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Postby Pumpman » Sat Feb 18, 2012 10:21 am

It is possible to use this forex tool of volatility http://www.forexticket.co.uk/en/tools/02-01-volatility
to find pairs, which have more than 20 pips wicks and another interesting statistics. Sorry my english. Doufam, ze neporusuji mistni pravidla fora. (last sentence is in Czech for Michal Kreslik)

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Postby TheRumpledOne » Mon Feb 20, 2012 12:41 pm

Image


"Look, for example, at this elegant little experiment. A rat was put in a T-shaped maze with a few morsels of food placed on either the far right or left side of the enclosure. The placement of the food is randomly determined, but the dice is rigged: over the long run, the food was placed on the left side sixty per cent of the time. How did the rat respond? It quickly realized that the left side was more rewarding. As a result, it always went to the left, which resulted in a sixty percent success rate. The rat didn't strive for perfection. It didn't search for a Unified Theory of the T-shaped maze, or try to decipher the disorder. Instead, it accepted the inherent uncertainty of the reward and learned to settle for the best possible alternative.

The experiment was then repeated with Yale undergraduates. Unlike the rat, their swollen brains stubbornly searched for the elusive pattern that determined the placement of the reward. They made predictions and then tried to learn from their prediction errors. The problem was that there was nothing to predict: the randomness was real. Because the students refused to settle for a 60 percent success rate, they ended up with a 52 percent success rate. Although most of the students were convinced they were making progress towards identifying the underlying algorithm, they were actually being outsmarted by a rat."

P64 HOW WE DECIDE (italics added)

=============================================

"Now, 2 patterns of market behavior happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)

They happen regardless of time frame (with the obvious limitations explained above)

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden

=============================================

1) Price within 20 pips of the CURRENT daily low (ClLo < 20): This is OPPORTUNITY

============================================

WHY ISN'T EVERYBODY DOING IT?

Most of you know I catch a lot of flak on my forums because SOME PEOPLE don't like the way I post.

One worn out argument that is used repeatedly is, "If this is so (simple, great, profitable, ), then why isn't everybody doing it?"

Simple answer is because SOYLENT GREEN is people!

We all know exercise is great, but how many actually exercise?

We all know smoking is bad, but how many do it anyway?

We all know which foods are bad for our health, but how many eat those foods?

We all know that we should save for our future and spend less than we earn but who does that?

The list is almost endless.

As long as there are people, there will always be some STUPID people and some smart people making STUPID decisions, where STUPID is defined as knowing better but acting otherwise.

Meanwhile, the RATS are still beating the Yale students.

=============================================

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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Postby TheRumpledOne » Mon Feb 20, 2012 1:51 pm

Image

Image

FIBS uses a fixed percentage, the RAT ZONE uses a fixed amount. You can use a frequency distribution on both.
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Postby TheRumpledOne » Mon Feb 20, 2012 3:03 pm

Image

1) Price within 20 pips of the CURRENT daily low (ClLo < 20) - that is OPPORTUNITY

<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the CURRENT 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!!


<-------------------------------------------------------------------->

MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = 10 PIPS. (INCLUDING SPREAD)

POSITION SIZE = RISK / STOP LOSS.

<-------------------------------------------------------------------->

1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.

2) The "within 20 pips of the CURRENT daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

<-------------------------------------------------------------------->

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.

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Postby Student_64151 » Tue Feb 21, 2012 3:48 pm

Is anyone using NinjaTrader or C# (more generally) for their Rat trading?

nickohorny
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Postby nickohorny » Tue Feb 21, 2012 7:12 pm

I use ninja with MBT, just use the DOM ladder to execute but still use Metatrader for charts.
I only demo trade though so if went live I wouldn't I don't think due to leasing costs.

TRO - do you still to this day execute your trades via MBT Navogator? curious.

Student_64151
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Postby Student_64151 » Tue Feb 21, 2012 9:41 pm

Thanks for the reply Nick.

I'm trying to find TRO's indicators / chart helpers coded in Ninja or C#. Maybe not EVERYTHING since he is so "productive" but just the basics.

Any advice? Can you point me in the right direction?

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