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Mo
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Postby Mo » Sun Oct 26, 2008 10:23 pm

Hi Tro,
Attachments
tro wipeout.gif
tro wipeout.gif (19.05 KiB) Viewed 1991 times

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TheRumpledOne
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Postby TheRumpledOne » Sun Oct 26, 2008 11:04 pm

Image

I hope no one held GBPJPY LONG over the weekend!!

Anyone have it short?
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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TheRumpledOne
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Postby TheRumpledOne » Sun Oct 26, 2008 11:07 pm

Mo wrote:Hi Sweet Pip,
Thanks, so that wasnt the problem, didn't know what I was doing wrong. Someone wrote to copy the indicators right into the folder, so I did that and it works :)

Question, so go long on the green line, short on red line.... So where to get out? and I dont understand what the % means? (how to use it) ](*,)

Thanks,
Mo


Mo:

The way this works is you decide you want to enter a trade. Chances are you "guess wrong". You go long when you should be short and go short when you should be long. So instead of entering the trade, you enter the price into TRO WIPEOUT and it gives you new long/short entries. You might have to wait a few HOURS for the price to get to that level, but when you do enter in the direction you wanted in the first place, it should be profitable.
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.

Mo
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Postby Mo » Sun Oct 26, 2008 11:52 pm

Hi Tro,

Ok, I see put in a price, the % is how much I want to loss? This can be use for swing trading? and a larger profit?

I was looking thur old files from TS, you been a busy man. I think I found a pic of you, you are looking at 4 screens.

Thanks,
Mo

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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 1:07 am

No.. the % is how much of your trading account that you are using.

If you have $500 in your account and are trading 1 minilot then you are using 20%.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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marypipins
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Postby marypipins » Mon Oct 27, 2008 1:08 am

Hello Everyone..
i just wandered over here from Babypips and first want to thank you all for a wonderful thread, especially you Tro, the daddy of it all..lol I hope to follow the thread here and learn and be half as succesfull as many of you.. thanks.. Julie :P

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Postby xmess7 » Mon Oct 27, 2008 3:15 am

marypipins wrote:Hello Everyone..
i just wandered over here from Babypips and first want to thank you all for a wonderful thread, especially you Tro, the daddy of it all..lol I hope to follow the thread here and learn and be half as succesfull as many of you.. thanks.. Julie :P


hey, Julie, you made it over. Kewl. I posted an answer to your FXCM question.

With patience and an open mind (especially that) you will succeed.
Just keep it simple and do what is indicated.
I still go back and re-read the babypips post.

So, as you probably already know, you never stop learning.

Jess

xmess7
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Postby xmess7 » Mon Oct 27, 2008 3:27 am

TheRumpledOne wrote:No.. the % is how much of your trading account that you are using.

If you have $500 in your account and are trading 1 minilot then you are using 20%.



TRO isn't that 0.2%?

From what I understand 1 minilot is 10000 currency units
Therefore 1 pip will be about (depends in currency) $1.

(1/500) * 100 = 0.2%

Let me know man...

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marypipins
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Postby marypipins » Mon Oct 27, 2008 3:35 am

Jess...

So we meet again..lol this is like first day at a new school.. you follow the first person thats nice to you..lol again, thanks for your thoughtful replies.. just warning you..many more questions to follow..lol.. julie

xmess7
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Postby xmess7 » Mon Oct 27, 2008 4:03 am

ewokuk wrote:hmmm i should do that, i got bored trying to teach myself though :P


LOL :lol:

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