One is Not a Trend

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MightyOne
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One is Not a Trend

Postby MightyOne » Mon Dec 19, 2011 9:16 pm

Play around with the idea and post what you see:

(Edited twice due to errors :oops: )

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Postby MightyOne » Mon Dec 19, 2011 9:45 pm

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Postby MightyOne » Mon Dec 19, 2011 9:48 pm

Think of the close of a CC as an invitation to take action; how would you trade it?

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Postby MightyOne » Mon Dec 19, 2011 11:05 pm

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Postby pawelklos » Tue Dec 20, 2011 1:31 am

it is simple and clever. I will try to add new charts soon.

MightyOne, this is very interesting idea. :D


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Postby dojirock » Tue Dec 20, 2011 2:47 am

Mo you have my attention....im ready to learn

dojirock :idea:
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Postby MightyOne » Tue Dec 20, 2011 5:41 am

dojirock wrote:Mo you have my attention....im ready to learn

dojirock :idea:


If that is what you see then you will see zeros added to your account in no time at all.

I do believe that there will come a day when people will come to this site and marvel at the "impossible" gains of the traders who go to war wielding space.

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Postby dojirock » Tue Dec 20, 2011 6:44 am

This whole space thing.. can i use it on micro account? It seems it has to be used with a account size with a minimum of profit taking to be greater than the margin required to add lots. This isnt the case for me as of yet. Is there a calculation to use based on lot size ratio's?
Im thinking the objective of the space concept is using profits to add positions and have a all or b/e trade?
As in the trade going long, my second entry would have been higher than the 1st profit taking...so does that nullify what im trying to accomplish?

dojirock
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Postby lazygeorge » Tue Dec 20, 2011 10:50 am

MightyOne wrote:
dojirock wrote:Mo you have my attention....im ready to learn

dojirock :idea:


If that is what you see then you will see zeros added to your account in no time at all.

I do believe that there will come a day when people will come to this site and marvel at the "impossible" gains of the traders who go to war wielding space.



Right or wrong......it worked :D
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Postby MightyOne » Tue Dec 20, 2011 11:00 am

You start at 10-20% of maximum buying power but not less than 3 lots.

I recommend that you start with at least $1,000.

You should look at your trades as one big trade; you are going to have to place another trade sometime so liquidation is nothing more than infinite space.

There is no break even in my world...
there is space to be lost, lots to be gained, and that is it.

My profit target is to double the account.

There are tricks to skyrocketing your account in a short period of time and maybe we will get around to talking about them.

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