WOW!!!
This is awesome.
MO's MBT Micro
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MO's MBT Micro
Last edited by MightyOne on Thu Oct 29, 2009 5:13 am, edited 7 times in total.
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- prochargedmopar
- rank: 10000+ posts
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#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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- aliassmith
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Re: MO's Scalping Journal
MightyOne wrote:As of Monday, September 28th, 2009 I shall record live trades here.
I shall [s]attempt to[/s] grow a micro account from $450 to $450,000 using the least amount of skill and greatest amount of luck ---> including entering trades with a rabbit's foot
While this account is purely for fun I will try my best to take it seriously
The money management to be used shall be:
(8 pip stop loss)
per.$400: 9 micro
9: target: 3-6-25 = +2.549%
target 3-6-25 = exit 1/3 at +3, 6, & 25 pips.
If stopped at -8 after:
1. Immediately wrong: -1.8%
2. Exiting 1/3 at + 3: -0.97%
3. Exiting 1/3 at + 6: +0.075%
Method of entry:
Place trades on a 1 minute chart when I feel that there is a high probability of making 6 pips so that I will have a free shot at a 2.549% gain.
Focus of Account [s](besides not losing money)[/s]:
1. 100% in 21 days
2. 50% in 21 days
3. 25% in 21 days
Reaching goal 1: 5 stars
Reaching goal 2: 3 stars
Reaching goal 3: 2 stars
Reaching all 3 goals: 10 stars
Percent gain shall be calculated against a multiple of $400.
So your main goal is to do this in about 10 months at 100% a month?
Doing this on the M1 chart will probably give PRO the biggest hardest cock
Re: MO's Scalping Journal
aliassmith wrote:MightyOne wrote:As of Monday, September 28th, 2009 I shall record live trades here.
I shall [s]attempt to[/s] grow a micro account from $450 to $450,000 using the least amount of skill and greatest amount of luck ---> including entering trades with a rabbit's foot
While this account is purely for fun I will try my best to take it seriously
The money management to be used shall be:
(8 pip stop loss)
per.$400: 9 micro
9: target: 3-6-25 = +2.549%
target 3-6-25 = exit 1/3 at +3, 6, & 25 pips.
If stopped at -8 after:
1. Immediately wrong: -1.8%
2. Exiting 1/3 at + 3: -0.97%
3. Exiting 1/3 at + 6: +0.075%
Method of entry:
Place trades on a 1 minute chart when I feel that there is a high probability of making 6 pips so that I will have a free shot at a 2.549% gain.
Focus of Account [s](besides not losing money)[/s]:
1. 100% in 21 days
2. 50% in 21 days
3. 25% in 21 days
Reaching goal 1: 5 stars
Reaching goal 2: 3 stars
Reaching goal 3: 2 stars
Reaching all 3 goals: 10 stars
Percent gain shall be calculated against a multiple of $400.
So your main goal is to do this in about 10 months at 100% a month?
Doing this on the M1 chart will probably give PRO the biggest hardest cock
About 10 months should do it...
God willing I will get this over with in 6 months
- pablo101
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Re: MO's Scalping Journal
MightyOne wrote:As of Monday, September 28th, 2009 I shall record live trades here.
I shall [s]attempt to[/s] grow a micro account from $450 to $450,000 using the least amount of skill and greatest amount of luck ---> including entering trades with a rabbit's foot
While this account is purely for fun I will try my best to take it seriously
The money management to be used shall be:
(8 pip stop loss)
per.$400: 9 micro
9: target: 3-6-25 = +2.549%
target 3-6-25 = exit 1/3 at +3, 6, & 25 pips.
If stopped at -8 after:
1. Immediately wrong: -1.8%
2. Exiting 1/3 at + 3: -0.97%
3. Exiting 1/3 at + 6: +0.075%
Method of entry:
Place trades on a 1 minute chart when I feel that there is a high probability of making 6 pips so that I will have a free shot at a 2.549% gain.
Focus of Account [s](besides not losing money)[/s]:
1. 100% in 21 days
2. 50% in 21 days
3. 25% in 21 days
Reaching goal 1: 5 stars
Reaching goal 2: 3 stars
Reaching goal 3: 2 stars
Reaching all 3 goals: 10 stars
Percent gain shall be calculated against a multiple of $400.
WOOT! shaking it up a little
- pablo101
- rank: 500+ posts
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Re: MO's Scalping Journal
aliassmith wrote:
Doing this on the M1 chart will probably give PRO the biggest hardest cock
pardon me???
Re: MO's Scalping Journal
pablo101 wrote:aliassmith wrote:
Doing this on the M1 chart will probably give PRO the biggest hardest cock
pardon me???
Translation: Trading a minute chart will likely send PRO into a state of euphoria.
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