Never Lose Again

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TheRumpledOne
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Postby TheRumpledOne » Thu Feb 05, 2009 5:17 pm

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Another Psycho long for profit.
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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prochargedmopar
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Postby prochargedmopar » Thu Feb 05, 2009 11:41 pm

Using TRO's advice today from the two percent club and trading with the strength of the session open. A few pips. :shock:

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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

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MightyOne
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Postby MightyOne » Fri Feb 06, 2009 2:14 am

dragon33 wrote:Here was my trade from this morning. At the yellow line i leave the trade. When trend was going down i placed a limit at same price of the downside of the body so the wich hit my entry and i was in for a good run. Out at the yellow line.


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Some people are natural born traders and you are one of them :shock:

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MightyOne
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Postby MightyOne » Fri Feb 06, 2009 2:26 am

dragon33 wrote:
MightyOne wrote: This indicator is MO approved :roll:


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It was posted some time ago by ________, but I only just now got around to testing it.


What is the use of the time converter?


It gives you more time frames to look for trading opportunities.

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MightyOne
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Postby MightyOne » Fri Feb 06, 2009 2:30 am

prochargedmopar wrote:Using TRO's advice today from the two percent club and trading with the strength of the session open. A few pips. :shock:

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One of the things I noticed with the time sales is that if a block of 5 green, (red), 3 green, (red), 2 green come before 5 red then price is going to start jumping up and vise versa.

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Postby MightyOne » Fri Feb 06, 2009 4:25 am

Testing price vs average range per minute.

I see a couple interesting things.

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Postby MightyOne » Fri Feb 06, 2009 7:47 am

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Postby prochargedmopar » Fri Feb 06, 2009 8:38 am

I'm not a spec of ***** on a traders butt, yet.
BUT.

I feel successful trading is more having truths about things being etched into your bones. Truly believing some things that will make you successful and having those beliefs transform you into that which you finally know to be true.

Example: I can sit down and lose 100 pips in a half hr. Why, because I continually talk to myself saying things like:
It CAN"T go any lower/higher.
It's ABOUT to go back up/down.
It's GOING to turn around now.

Well, Those are all assumptions, predictions, and ultimately. LOSS

Something might be starting to click within me.
If I would only ask,
Which way is price going? Ok, lets Ride.
Hmmmm, which way is price going now? Ok, lets ride.

For someone to watch an account vaporize, that's all about etching.

Your info here has been very valuable to many. Please keep posting. If you don't think people are listening, check out the # of views. Over 112k in a very short time.

Procharged
#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

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MightyOne
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Postby MightyOne » Fri Feb 06, 2009 9:17 am

prochargedmopar wrote:I'm not a spec of ***** on a traders butt, yet.
BUT.

I feel successful trading is more having truths about things being etched into your bones. Truly believing some things that will make you successful and having those beliefs transform you into that which you finally know to be true.

Example: I can sit down and lose 100 pips in a half hr. Why, because I continually talk to myself saying things like:
It CAN"T go any lower/higher.
It's ABOUT to go back up/down.
It's GOING to turn around now.

Well, Those are all assumptions, predictions, and ultimately. LOSS

Something might be starting to click within me.
If I would only ask,
Which way is price going? Ok, lets Ride.
Hmmmm, which way is price going now? Ok, lets ride.

For someone to watch an account vaporize, that's all about etching.

Your info here has been very valuable to many. Please keep posting. If you don't think people are listening, check out the # of views. Over 112k in a very short time.

Procharged


Find which way price is moving and then divide your position up by 2 or 3. Be more apt to trade for small profits at first and re enter limit orders to trade for larger profits. It pays to stay one step ahead of your self so you get your orders out there on time.

There are a lot of times when I just know that if I throw a limit at X and get filled then I will make a small profit and so I throw out a small order.

Throw small jabs at the market not knock out punches. You can't win on raw power :evil: as you will just run right into a counter punch.

If you are not "feeling it" ie you don't see how and where the price is going to move to pay you off then don't place the trades.

There are times when I sit a move out because price is not moving as I picture it in my head.

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1. Where is price moving?
2. Small orders *jab* *jab*
3. Small profits *bob n' weave* (defensive cushion)
4. Larger profits "KO"


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MightyOne
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Postby MightyOne » Fri Feb 06, 2009 9:39 am

Was going for 2815 and then it started moving down and I settled for 2805 on the RET...then it moved to 2815 :oops:

@#$%! ! ! I'm such a noob, I am going to bed.

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