Mark Mark Trading Epic

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IgazI
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Re: Mark Mark Trading Epic

Postby IgazI » Thu Mar 25, 2021 12:45 am

Mark Mark wrote:Hello, friends. I decided to rest a little. While saving up money for trading on a real account. What is the minimum deposit you recommend to start with?


How much money do you want to put at risk per trading day? that is the biggest question.

A maximum daily risk allowance of $200 to $500 and a per trade risk of ~30% is where I would suggest that you start.

You're going to need at least 10 days of risk + margin for your largest lot size.

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Re: Mark Mark Trading Epic

Postby IgazI » Sat Mar 27, 2021 7:17 pm

LEFT: 8R chart, 4 point lines.
RIGHT: 16R chart. 8 point lines.
5R ~= 1 minute.

Entry Strategy: each line represents 1 unit of risk:
a. enter with 2 lots on the left chart
b. enter with 1 lot on the right chart
c. enter with 1 lot on the right & increase to 2 using the left.
Increase to 3+ using the left.

Price will either move up through lines or down through lines & there is nothing that you can add to the chart to make it any simpler.

opt_ions_MKMK.png
opt_ions_MKMK.png (104.55 KiB) Viewed 865 times

aliassmith
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Re: Mark Mark Trading Epic

Postby aliassmith » Sat Mar 27, 2021 8:11 pm

IgazI wrote:LEFT: 8R chart, 4 point lines.
RIGHT: 16R chart. 8 point lines.
5R ~= 1 minute.

Entry Strategy: each line represents 1 unit of risk:
a. enter with 2 lots on the left chart
b. enter with 1 lot on the right chart
c. enter with 1 lot on the right & increase to 2 using the left.
Increase to 3+ using the left.

Price will either move up through lines or down through lines & there is nothing that you can add to the chart to make it any simpler.

opt_ions_MKMK.png


Good stuff. I always like to see what you post.
So how do "you" determine a bias and trigger based on this management? If you dont want to post it here you can in my thread.
Trade Your Way as Long as It Makes Money!

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IgazI
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Re: Mark Mark Trading Epic

Postby IgazI » Sun Mar 28, 2021 12:00 am

aliassmith wrote:
IgazI wrote:LEFT: 8R chart, 4 point lines.
RIGHT: 16R chart. 8 point lines.
5R ~= 1 minute.

Entry Strategy: each line represents 1 unit of risk:
a. enter with 2 lots on the left chart
b. enter with 1 lot on the right chart
c. enter with 1 lot on the right & increase to 2 using the left.
Increase to 3+ using the left.

opt_ions_MKMK.png


Good stuff. I always like to see what you post.
So how do "you" determine a bias and trigger based on this management? If you dont want to post it here you can in my thread.


The first thing I will do is use the wider set of lines to hunt down the common rotation numbers, and with these numbers I can do two things:

1. (based on the chart above) wait for 5.0 to 6.5 lengths ("common rotation numbers") before attempting a reversal trade.
2. connect the swings of 5+ price rotations to draw trend lines and then anticipate the breakout, eg connect 6 down & 5 down & then reversal trade 6 up ... or the more speculative 2's, 3's, and 4's.

Longer moves usually occur when price moves beyond the common rotation numbers, there is a retrace, and then price makes a 2nd break in the same direction... that is when and where I might employ a steep trend line.

The basic idea is 'lines are triggers; trade lines, risk lines make lines'
The intermediate idea is 'learn to count, trade what is common'
The advanced idea is 'you've made it too complicated, turn back'

save+MKMK.png
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aliassmith
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Re: Mark Mark Trading Epic

Postby aliassmith » Sun Mar 28, 2021 12:33 am

IgazI wrote:
aliassmith wrote:
IgazI wrote:LEFT: 8R chart, 4 point lines.
RIGHT: 16R chart. 8 point lines.
5R ~= 1 minute.

Entry Strategy: each line represents 1 unit of risk:
a. enter with 2 lots on the left chart
b. enter with 1 lot on the right chart
c. enter with 1 lot on the right & increase to 2 using the left.
Increase to 3+ using the left.

opt_ions_MKMK.png


Good stuff. I always like to see what you post.
So how do "you" determine a bias and trigger based on this management? If you dont want to post it here you can in my thread.


The first thing I will do is use the wider set of lines to hunt down the common rotation numbers, and with these numbers I can do two things:

1. (based on the chart above) wait for 5.0 to 6.5 lengths ("common rotation numbers") before attempting a reversal trade.
2. connect the swings of 5+ price rotations to draw trend lines and then anticipate the breakout, eg connect 6 down & 5 down & then reversal trade 6 up ... or the more speculative 2's, 3's, and 4's.

Longer moves usually occur when price moves beyond the common rotation numbers, there is a retrace, and then price makes a 2nd break in the same direction... that is when and where I might employ a steep trend line.

The basic idea is 'lines are triggers; trade lines, risk lines make lines'
The intermediate idea is 'learn to count, trade what is common'
The advanced idea is 'you've made it too complicated, turn back'

save+MKMK.png


I see what you are doing. Are you following those turns aggressively or looking for an A+ type setup?
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IgazI
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Re: Mark Mark Trading Epic

Postby IgazI » Sun Mar 28, 2021 1:07 am

aliassmith wrote:
IgazI wrote:
aliassmith wrote:
Good stuff. I always like to see what you post.
So how do "you" determine a bias and trigger based on this management? If you dont want to post it here you can in my thread.


The first thing I will do is use the wider set of lines to hunt down the common rotation numbers, and with these numbers I can do two things:

1. (based on the chart above) wait for 5.0 to 6.5 lengths ("common rotation numbers") before attempting a reversal trade.
2. connect the swings of 5+ price rotations to draw trend lines and then anticipate the breakout, eg connect 6 down & 5 down & then reversal trade 6 up ... or the more speculative 2's, 3's, and 4's.

Longer moves usually occur when price moves beyond the common rotation numbers, there is a retrace, and then price makes a 2nd break in the same direction... that is when and where I might employ a steep trend line.

The basic idea is 'lines are triggers; trade lines, risk lines make lines'
The intermediate idea is 'learn to count, trade what is common'
The advanced idea is 'you've made it too complicated, turn back'

save+MKMK.png


I see what you are doing. Are you following those turns aggressively or looking for an A+ type setup?


I know what numbers I am looking for and when I see it then I'll just go with it;
I will bring my stops in close and place a re-entry stop if it is hit, but never at a worse price than the triggered stop;
if price retraces as far as a target rotation number then I will give up on the previous trade and the trigger will be based on the current rotation.

There is no right or wrong, just paint what is in your heart ;)

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Re: Mark Mark Trading Epic

Postby aliassmith » Sun Mar 28, 2021 2:04 am

IgazI wrote:
aliassmith wrote:
IgazI wrote:
The first thing I will do is use the wider set of lines to hunt down the common rotation numbers, and with these numbers I can do two things:

1. (based on the chart above) wait for 5.0 to 6.5 lengths ("common rotation numbers") before attempting a reversal trade.
2. connect the swings of 5+ price rotations to draw trend lines and then anticipate the breakout, eg connect 6 down & 5 down & then reversal trade 6 up ... or the more speculative 2's, 3's, and 4's.

Longer moves usually occur when price moves beyond the common rotation numbers, there is a retrace, and then price makes a 2nd break in the same direction... that is when and where I might employ a steep trend line.

The basic idea is 'lines are triggers; trade lines, risk lines make lines'
The intermediate idea is 'learn to count, trade what is common'
The advanced idea is 'you've made it too complicated, turn back'

save+MKMK.png


I see what you are doing. Are you following those turns aggressively or looking for an A+ type setup?


I know what numbers I am looking for and when I see it then I'll just go with it;
I will bring my stops in close and place a re-entry stop if it is hit, but never at a worse price than the triggered stop;
if price retraces as far as a target rotation number then I will give up on the previous trade and the trigger will be based on the current rotation.

There is no right or wrong, just paint what is in your heart ;)


Sounds very Bob Ross
Trade Your Way as Long as It Makes Money!

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IgazI
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Re: Mark Mark Trading Epic

Postby IgazI » Mon Mar 29, 2021 9:32 pm

И ам онлы гоинг то тыпе ин факе Руссиан унтил Марк Марк ретурнс =}

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Re: Mark Mark Trading Epic

Postby dojirock » Tue Mar 30, 2021 12:21 am

Ну хорошо тогда

:)
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Re: Mark Mark Trading Epic

Postby Mark Mark » Tue Mar 30, 2021 1:34 pm

I will be return to thread when I will have 100$ on my account. And I will post my trades. It will be soon)
КСТАТИ ПЕРВОЕ АПРЕЛЯ ЕЩЕ НЕ НАЧАЛОСЬ НО УЖЕ ЗАМЕТИЛ ПРАНКИ
I am living on this forum :smt024
The Holy Grail Of Trading Is In Your Brain

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