Mark Mark Trading Epic

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IgazI
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Re: Mark Mark Trading Epic

Postby IgazI » Fri Aug 13, 2021 3:04 am

For someone who 'lives on this forum' we don't see much of you; I hope that your studies are going well.

My strategy for buying has been:

- limit order 4 below the current price
- stop limit 4 above current price with a trigger 2 above. . .

you might have to widen it for FX, I'm just giving you the general idea.

Start with an obscenely small position size, 1 & 2 lot orders, then 4 & 10, and finally 20 and 100 lot orders:

aim for a low average price, weigh it down if you think that price will go up significantly, and then raise the average behind price.

I know that it is not the most affordable strategy, but it works well.

The skill that you need to have is to plan several moves ahead:
- what will you do if price goes down?
- by how much will you drop the average price?
- what will you do if price goes down again?
- how will you respond?
- how weighted is your average?
- how quickly do you want your average to move up behind price if the trade goes your way (fewer lots, a 'light' average, = faster moving average)

I do not take any action until the clock is a multiple of 5 minutes; between 14:06 and 14:10 I am just thinking; I might decide to do something or I might decide to do nothing, but when the clock strikes 5 the thinking is over.

Only buy. . .buy puts if you need to but only buy.

That's my $0.02 for the month.
Tey-ah-tah Om Bake-an-zeya Bake-an-zeya Maha-Bake-an-zeya Rahts-ah Sahm-O'gahtey So-ha

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Mark Mark
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Re: Mark Mark Trading Epic

Postby Mark Mark » Thu Sep 16, 2021 10:10 pm

I sat down very tightly to study the price action because my understanding of the market was at a fairly low level. I will return to the forum in a long time. In the meantime, I'm going to write another stack of notebooks.Thank you to everyone who communicated with me.
I am living on this forum :smt024
The Holy Grail Of Trading Is In Your Brain

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Mark Mark
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Re: Mark Mark Trading Epic

Postby Mark Mark » Thu Sep 16, 2021 10:16 pm

A lot of copybooks with price action. I filled about 20 notebooks for the period from March to August
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IgazI
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Re: Mark Mark Trading Epic

Postby IgazI » Fri Sep 17, 2021 2:16 am

Mark Mark wrote:A lot of copybooks with price action. I filled about 20 notebooks for the period from March to August


That's how it is done, Mark! I sketch my ideas and experiences as well; the best way to learn, I think, is to get down and dirty with paper charts.

The top three technical ideas this year are:
1. Price should never break the low of the bar that made the highest high.
2. Price should never break the low of a bar that made a lower high.
3. Price should never break the low of a bar that closed with a smaller range.
Tey-ah-tah Om Bake-an-zeya Bake-an-zeya Maha-Bake-an-zeya Rahts-ah Sahm-O'gahtey So-ha

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Mark Mark
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Re: Mark Mark Trading Epic

Postby Mark Mark » Fri Sep 17, 2021 7:55 am

IgazI wrote:
Mark Mark wrote:A lot of copybooks with price action. I filled about 20 notebooks for the period from March to August


That's how it is done, Mark! I sketch my ideas and experiences as well; the best way to learn, I think, is to get down and dirty with paper charts.

The top three technical ideas this year are:
1. Price should never break the low of the bar that made the highest high.
2. Price should never break the low of a bar that made a lower high.
3. Price should never break the low of a bar that closed with a smaller range.

I know more difficult things but it makes me understanding the market
I am living on this forum :smt024
The Holy Grail Of Trading Is In Your Brain

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Mark Mark
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Re: Mark Mark Trading Epic

Postby Mark Mark » Fri Nov 19, 2021 9:11 pm

I SPENT ALL SUMMER STUDYING THE INNER CIRCLE TRADER CHANNEL. I liked it and it was interesting. Who can say anything about him?
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IgazI
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Re: Mark Mark Trading Epic

Postby IgazI » Fri Nov 19, 2021 10:15 pm

Mark Mark wrote:I SPENT ALL SUMMER STUDYING THE INNER CIRCLE TRADER CHANNEL. I liked it and it was interesting. Who can say anything about him?


Momma always said that if you don't have anything nice to say about someone then don't say anything at all.

Glad you "like it", personally I'd put my money on dchappy or alias.
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Re: Mark Mark Trading Epic

Postby TheRumpledOne » Sun Nov 21, 2021 11:00 pm

IgazI wrote:
Mark Mark wrote:A lot of copybooks with price action. I filled about 20 notebooks for the period from March to August


That's how it is done, Mark! I sketch my ideas and experiences as well; the best way to learn, I think, is to get down and dirty with paper charts.

The top three technical ideas this year are:
1. Price should never break the low of the bar that made the highest high.
2. Price should never break the low of a bar that made a lower high.
3. Price should never break the low of a bar that closed with a smaller range.


Can you expand on the above a bit?

It looks like my highest low, lowest high triggers.

Thanks.
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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IgazI
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Re: Mark Mark Trading Epic

Postby IgazI » Mon Nov 22, 2021 11:57 am

TheRumpledOne wrote:
IgazI wrote:
Mark Mark wrote:A lot of copybooks with price action. I filled about 20 notebooks for the period from March to August


That's how it is done, Mark! I sketch my ideas and experiences as well; the best way to learn, I think, is to get down and dirty with paper charts.

The top three technical ideas this year are:
1. Price should never break the low of the bar that made the highest high.
2. Price should never break the low of a bar that made a lower high.
3. Price should never break the low of a bar that closed with a smaller range.


Can you expand on the above a bit?

It looks like my highest low, lowest high triggers.

Thanks.


The idea is to trade the HH and LL:

The bar that makes the HH, and the first LH after that, create L triggers that signal a LL.

The bar that makes a LL, and the first HL after that, create H triggers that signal a HH.

The triggers can be used as stops or you can wait for an opposite signal.

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