Never Lose Again

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MightyOne
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Postby MightyOne » Mon Apr 06, 2009 5:02 am

pierre23 wrote:
es/pip wrote:
MightyOne wrote:
es/pip wrote:amendment to my rules

sometimes i may trade whatever time frame that i want to :D

currently in this one


the only thing that i am not use to is now my stops are very large----lol but i will get use to it

Image


If you are using large stops then you are totally defeating the purpose of trading a small time frame.


edit------saying that as my wins increase my stop size increases


hmmmmmm i thought the idea was to add our pl to our stops to increase our staying power

so
when is that strategy applied

now that i say that---- i have a feeling that you are using that strategy when trading LARGE time frames

i may have misunderstood this strategy for the 2nd time----the last time---well we all know how i interpreted it


I think he thought that you meant you were talking about your initial sl on the trade. I thought you were talking about that too. After adding your profit to your sl your risk % always stays the same, so look at it that way. No matter what timeframe it's giving you longer staying power, so I don't think it's jst for high timeframes


You are correct...

and by "high" I mean H1+

My "high" is 8 hours or more, but that is only because I am more inclined to trade for longer durations.

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MightyOne
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Postby MightyOne » Mon Apr 06, 2009 5:30 am

Do you see what I SEE?

More so do you have the endurance to achieve these gains?

Have any of you ever made 30% in a week? (not talking to you es / pip :wink: )

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aVi
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Postby aVi » Mon Apr 06, 2009 5:51 am

I WILL see it... if it kills me, I'm going to see it... dammit. Just watch.

At least I'll go to my grave smiling -- knowing (do dead people know anything?) that I SAW it.

Wow, that was incredibly morbid... :(. I need a drink.
Wake up Mr. Green...

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Postby deeforex » Mon Apr 06, 2009 6:52 am

OMG, I go away for the weekend without checking in and now I'm so behind!!!

AndreasF
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Postby AndreasF » Mon Apr 06, 2009 8:19 am

Two percent club is down for more than 4 hours now- anyone know what happened?

Thanks

AndreasF

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pierre23
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Postby pierre23 » Mon Apr 06, 2009 8:27 am

AndreasF wrote:Two percent club is down for more than 4 hours now- anyone know what happened?

Thanks

AndreasF


I'm not sure, I just tried then and it's down still

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jahjahblessed
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WOW

Postby jahjahblessed » Mon Apr 06, 2009 1:38 pm

MightyOne wrote:Do you see what I SEE?

More so do you have the endurance to achieve these gains?

Have any of you ever made 30% in a week? (not talking to you es / pip :wink: )

Image

EDIT POST I'M WAY OFF THEN GOTTA READ AGAIN
Last edited by jahjahblessed on Mon Apr 06, 2009 2:28 pm, edited 1 time in total.
transform to PIP"S FARI

Whatever the mind of man can conceive and believe, it can achieve.
Napoleon Hill

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JAHJAHBLESSED

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MightyOne
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Re: WOW

Postby MightyOne » Mon Apr 06, 2009 2:09 pm

jahjahblessed wrote:
MightyOne wrote:Do you see what I SEE?

More so do you have the endurance to achieve these gains?

Have any of you ever made 30% in a week? (not talking to you es / pip :wink: )

Image

WOW THIS DYNAMIC TREND IS WOW BROKEN DOWN FROM WK1 TO M15
Image
M30
Image


I neither understand your chart nor your text...

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MightyOne
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Postby MightyOne » Mon Apr 06, 2009 2:15 pm

The question remains:

Which time frame best represents your goals?

You do not want to react to every trend change on every time frame.

The market will move like /\/\/\/\/, but eventually it will be either / or \

ImageImage

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es/pip
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Postby es/pip » Mon Apr 06, 2009 2:42 pm

MightyOne wrote:Image



loli was just about to post this same chart :D


this is one situation below that i am not sure of

when you get the magneta line off the 0,1 bars and it holds( i took a long--got out for a little profit) and then the next bar BO from it creating the next set of lines what would you do if you were still long from the magneta line----once that bar closes and is broken by the next bar doesn't that magneta line become invalid----after the next BO


i also had a nice short from the top line :D

Image

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