TP hit, I gotta go, too much messin' around here. LOL (no boss) heheheeheh
ProchargedMopar's Trading Trilogy
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- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Re: ProchargedMopar's Trading Trilogy
IMO, you're better off looking for the trend than playing the regression to the mean:
With reversals, you get paid to work, whereas with trends you get paid to do nothing.
Speaking for myself, you don't always want to be working you want to, at some point, see the fruit of your labor.
Even though it breaks my heart, we'll use platinum as an example
This is what morning-wood looks like: candles printing in one direction, simple as 1-2-3, no guessing.
With reversals, you get paid to work, whereas with trends you get paid to do nothing.
Speaking for myself, you don't always want to be working you want to, at some point, see the fruit of your labor.
Even though it breaks my heart, we'll use platinum as an example
This is what morning-wood looks like: candles printing in one direction, simple as 1-2-3, no guessing.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
IgazI wrote:IMO, you're better off looking for the trend than playing the regression to the mean:
With reversals, you get paid to work, whereas with trends you get paid to do nothing.
Speaking for myself, you don't always want to be working you want to, at some point, see the fruit of your labor.
Even though it breaks my heart, we'll use platinum as an example
This is what morning-wood looks like: candles printing in one direction, simple as 1-2-3, no guessing.
smh.png
You are 100% correct. Less chance of drawdown, More and quicker profits.
This week I will be focusing more on the HTF charts/chart. m1.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
LMAO,
Nah, really I'd like to look at the 144 and 12m on a regular basis.
m1 for entry structure, 5sec down to 1 sec for small risk levels.
Let's see.
Ummm, wait.
Leaving Wed. morning for 7 days to visit a couple family members.
Got 2 days to get it done. LOL
P.S.
You know 3 phones will be in action on the road trip.
Nah, really I'd like to look at the 144 and 12m on a regular basis.
m1 for entry structure, 5sec down to 1 sec for small risk levels.
Let's see.
Ummm, wait.
Leaving Wed. morning for 7 days to visit a couple family members.
Got 2 days to get it done. LOL
P.S.
You know 3 phones will be in action on the road trip.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
Was fiddling with BTC.
When I first started this afternoon not sure what happened other than NO STOP LOSS.
Kept adding 2 units 2 units, 2 units. LOL
WTF?
Was like, it's blow or go baby. And that 24 unit trade ended up being the biggest win. LOL
Actually added more as it started going the right way, that's a change.
The rest were all pretty good trades with not much drawdown.
When I first started this afternoon not sure what happened other than NO STOP LOSS.
Kept adding 2 units 2 units, 2 units. LOL
WTF?
Was like, it's blow or go baby. And that 24 unit trade ended up being the biggest win. LOL
Actually added more as it started going the right way, that's a change.
The rest were all pretty good trades with not much drawdown.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Re: ProchargedMopar's Trading Trilogy
prochargedmopar wrote:Was fiddling with BTC.
When I first started this afternoon not sure what happened other than NO STOP LOSS.
Kept adding 2 units 2 units, 2 units. LOL
WTF?
Was like, it's blow or go baby. And that 24 unit trade ended up being the biggest win. LOL
Actually added more as it started going the right way, that's a change.
The rest were all pretty good trades with not much drawdown.
###misc1.jpg###misc2.jpg###misc3.jpg
I learned my lesson buying crypto. . .
trade the futures contract, don't buy crypto unless your intent is to actually use it.
As far as using a SL, I'd be inclined to wait for price to break the bounds of the M1 chart before worrying about a stop.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
Testing MT5 on phone for 2 days and a couple trades on Friday.
You know, while shopping, eating dinner working out, loading for week vacation sitting on toilet, blah blah. lol
The feel is pretty close to TV with just a couple xtra taps for tp/sl.
There is a disconnect on ph from PC which makes it much easier for me to trade.
Not great results but a start.
You know, while shopping, eating dinner working out, loading for week vacation sitting on toilet, blah blah. lol
The feel is pretty close to TV with just a couple xtra taps for tp/sl.
There is a disconnect on ph from PC which makes it much easier for me to trade.
Not great results but a start.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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Re: ProchargedMopar's Trading Trilogy
First few trades at .01/.02, then went to .05 most of them.
Stepping up as acct balance grew.
If I took a few more at .1 would have hit 100% easy.
Decided to go back to TV instead. hahahha
Stepping up as acct balance grew.
If I took a few more at .1 would have hit 100% easy.
Decided to go back to TV instead. hahahha
Last edited by prochargedmopar on Sun Nov 19, 2023 2:54 pm, edited 1 time in total.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
- Posts: 12050
- Joined: Sat Dec 20, 2008 6:07 am
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Re: ProchargedMopar's Trading Trilogy
Weekend BTC packing up and driving to new thanksgiving dinner location.
Goal is to get back home from this 7 day trip with my weight the SAME as I left the house. heheeheheehe
Goal is to get back home from this 7 day trip with my weight the SAME as I left the house. heheeheheehe
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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