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

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

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

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Image

FIBS uses a fixed percentage, the RAT ZONE uses a fixed amount. You can use a frequency distribution on both.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Mon Feb 20, 2012 3:03 pm

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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!



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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.

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Postby TheRumpledOne » Wed Feb 22, 2012 2:15 pm

Image


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

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

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 » Wed Feb 22, 2012 2:32 pm

Yes, MBT Navigator.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Wed Feb 22, 2012 9:01 pm

Image

Do you see the when there was an opportunity to make 20+ pips?

Traders in my free chatroom got it.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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winny
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Postby winny » Wed Feb 22, 2012 10:15 pm

Hello TRO,

It has been a while since I visited this forum.
I see you are still going strong my friend. Very good.

I was looking into your Rat Zone strategy/indicator,
on an hourly chart.

Trading day for me always starts at 00:00 GMT+0 (Asian Open).
Trading session for me starts at London Open (GMT+0)

When you look at the OANDA MT4 platform, you notice
that OANDA uses GMT-6.

The High/Low area's that are displayed by your Rat Zone
indicator are not always the same when I compare Oanda (using GMT-6)
to some other broker (using GMT+0).
The first 6 bars of the Asian open are not included on the OANDA platform
which uses GMT-6.


I would like to know if it is possible to display your
Rat Zone indicator on the OANDA platform for the full 24 hours ?
On the OANDA platform your indicator only looks at the last 18 hours.

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Postby ahmedalhoseny » Thu Feb 23, 2012 2:15 am

Why Rat Plot results not matching Rat history

we have a missed Rat And Is it considered to be a RAT according to RAT rules!!!!!
Attachments
rat history and plot q.gif
rat history and plot q.gif (20.77 KiB) Viewed 1159 times

ahmedalhoseny
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Postby ahmedalhoseny » Thu Feb 23, 2012 3:11 am

I have a couple of Qs posted on chart
Appreciate if any one answer me
Thanks in advance
Attachments
rat q2.gif
rat q2.gif (28.45 KiB) Viewed 1147 times

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