Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
PTG
rank: 500+ posts
rank: 500+ posts
Posts: 645
Joined: Thu Jan 08, 2009 2:24 pm
Reputation: 2
Gender: Male
Contact:

Re: Never Lose Again

Postby PTG » Tue Apr 26, 2016 1:39 pm

aldomcfaldo wrote:
PTG wrote:
TheRumpledOne wrote:
COULD YOU TRADE THIS CHART?

WHY OR WHY NOT?



Sure I could.

Because all you need is to expose yourself to the market in a direction and exit the market at your discretion.

And because it is my goal to be profitable over an X number of trades, X being statistically relevant, say 100+, I would opt for a RRR of > 1.

No need for analysis (history has no bearing on the future), no need for guessing or trying to predict the future (futile), none of all that stuff.

That includes historical statistical analysis carried forward to the future by the way. Highly overrated.

TANSTAPTF.


Hi PTG,

Can I ask then how you decide to enter the market and in which direction or do you base everything purely on feel? You seem to have a different attitude towards trading compared to your older posts. Its interesting.

Cheers


Hi aldomcfaldo,

Yes that may be different. I've had quite a few years of Yale-ing around and decided to ditch it all completely. What I do is quite easy and it's more about the exits and not the entry. I enter the market when I feel like it, usually around London Open, at the start of an hour on an H1 chart, first trade in the direction of the previous bar (latest closed bar), then I wait for an opposite entry which could turn out to be the extreme of the day, and I may add another one in the same or opposite direction, depending on what the market does. I could start with a long, then add a short, then add a long again, and the short stops out leaving me with two longs. Or vice versa. Or the market just takes off. I then wait until I have enough profit overall and close. Could also do this on H4 or D1 or W1 or lower time frame charts. No thinking, no what-ifs, no analysis, no SR, no squigglies, no trying to predict what's going to happen next, no BS. :wink:
This is my new signature: "new signature".

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11430
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: Never Lose Again

Postby TheRumpledOne » Tue Apr 26, 2016 2:53 pm

GBPUSDH1.png
GBPUSDH1.png (94.88 KiB) Viewed 446 times
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11430
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: Never Lose Again

Postby TheRumpledOne » Wed Apr 27, 2016 3:08 pm

GBPUSDH1.png
GBPUSDH1.png (92.94 KiB) Viewed 421 times
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11430
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: Never Lose Again

Postby TheRumpledOne » Thu Apr 28, 2016 2:51 pm

GBPUSDH1.png
GBPUSDH1.png (92.92 KiB) Viewed 401 times
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.

TheCrumpledOne
rank: <50 posts
rank: <50 posts
Posts: 36
Joined: Thu Apr 28, 2016 4:45 pm
Reputation: 0
Gender: Male
Contact:

Re: Never Lose Again

Postby TheCrumpledOne » Thu Apr 28, 2016 5:50 pm

hi TRO, just stumbled into this thread... a very long one indeed. read the first 20 pages and last 20 pages.

tried to find the indicators but understood that it's easier if I donate and get all of them at the same time.

I'll get the donation done by next week. I hope I get this charts you are posting daily. Thank you for all your help.

If there is a simplified manual to learn from, I'd be very appreciative. I've been trading since 2012, so I hope I'll catch up fast.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

TheCrumpledOne
rank: <50 posts
rank: <50 posts
Posts: 36
Joined: Thu Apr 28, 2016 4:45 pm
Reputation: 0
Gender: Male
Contact:

Re: Never Lose Again

Postby TheCrumpledOne » Fri Apr 29, 2016 4:03 am

Hi tro, can you post today's wheels?

Or is it that you post end of the day?

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11430
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: Never Lose Again

Postby TheRumpledOne » Fri Apr 29, 2016 2:50 pm

GBPUSDH1.png
GBPUSDH1.png (96.27 KiB) Viewed 348 times
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11430
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: Never Lose Again

Postby TheRumpledOne » Sat Apr 30, 2016 5:21 pm

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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11430
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: Never Lose Again

Postby TheRumpledOne » Sat Apr 30, 2016 5:35 pm

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.

xmess7
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Wed Sep 17, 2008 6:07 am
Reputation: 0
Gender: None specified

Re: Never Lose Again

Postby xmess7 » Sat Apr 30, 2016 7:10 pm

Hey bro, Jess here.
Long time no see. I was recently looking at your youtube vids, in particular the daily wick zone.
That caught my attention. Plan to automate it cause it is so simple. The logic is easy and there is no real subjective decisions that need to be made.
Well it's just a thought at the moment. Got other projects that I am working on...

Anyhow. hope u are doing good. Take care.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”