ProchargedMopar's Trading Trilogy

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aliassmith
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Postby aliassmith » Sat Jan 30, 2010 4:46 am

prochargedmopar wrote:Updated Trading Log.

After Day 20

Actual starting Bal. 598.50

Default starting Bal. 47.00 - Target 460.10

Day#/Date/pips/P-L/Balance/lot size

1-4 +52 $8.00 Bal. 55.00 (2)
2-5 +32 $6.70 - 60.96 (3)
3-6 +50 $9.00 - 69.96 (3)
4-7 +32 $6.38 - 76.34 (3)
5-8 +18 $5.49 - 81.83 (3)
6-11 +41 $7.30 - 89.13 (3)
7-12 +22 $9.19 - 98.32 (4)
8-13 +18 $7.04 - $105.36 (4)
9-14 +19 $7.20 - $112.56 (4+)
10-15 +22 $8.80 - $121.36 (4)
11-18 +22 $10.88- $132.24 (5)
12-19 +21 $10.60- $142.84 (5)
13-20 +16 $8.12- $150.96 (5)
14-21 +22 $13.72- $164.68 (6)
15-22 +19 $11.42- $176.10 (6)
16-25 +22 $14.42- $190.52 (6&7)
17-26 +45 $30.43- $220.95 (7+)
18-27 +6 $4.06 - $225.01 (7+)
19-28 +14 $9.02- $234.03 (7)
20-29 +22 $17.10 - $251.13 [8]


32% in 20 days is pretty decent, you have improved a lot. Slowly add
money to the account and keep trading like that and in 20ish months
you will be set. Just DON'T GO ON TILT PRO
stay the course.
Trade Your Way as Long as It Makes Money!

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TheRumpledOne
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Postby TheRumpledOne » Sun Jan 31, 2010 6:55 pm

Did someone change their charts?
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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tmanbone
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Postby tmanbone » Mon Feb 01, 2010 2:54 am

"Far and away the best prize that life offers is the chance to work hard at work worth doing." Teddy Roosevelt. Hang tough!
"The simplicity of the markets is it's greatest disguise"

T

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Postby rrobin » Mon Feb 01, 2010 11:23 am

"Did someone change their charts? "

LOL

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prochargedmopar
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Postby prochargedmopar » Mon Feb 01, 2010 3:41 pm

I deleted the 2 period ma's a long time back, otherwise same as from the start.
Honestly I have been wanting to switch to TRO_Plot so I can use daily/weekly highs/lows and ditch the pivot indy, but I will refrain.
I also have one chart with out range guage that I use for entries.
I look at H1 for direction and M1 for entries.


Image
#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

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dudehead
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Postby dudehead » Mon Feb 01, 2010 8:04 pm

Pro, I gotta give you a hand for having the right attitude and putting yourself out there for others to see and comment on. But after reading a year's worth of your posts. I see a pattern, which you know very well.

1. You keep thrashing about, trying to find the "perfect" system that resonates with you.
2. No matter what you try, every time you step in front of a quote screen, your best efforts devolve into a binge of scalping and "revenge trading."

To use an analogy, you are a 500lb man who knows he must diet, goes to the buffet with the intention of eating a salad, and ends up eating the whole buffet. I don't mean to be giving "atomic wedgies" here. But, of course in trading, if we don't get to "brass tacks" we'll get nowhere.

My conclusion is, the first, and only task you should work on is having the discipline to stick to your trading plan. I know you've heard it before, and have repeated it like a parrot, but you don't DO it.

You've got approach it just like your workouts. You can't start benching 110 and the next day put 280 on the bar. You bench 110, then 115, etc.

For trading, just pick ANY system. Forget about the result, win 1 trade and lose 9 others, it doesn't matter. You focus on winning and money -- and that is your problem. You must focus on DISCIPLINE, that is your real problem.

Take that system you pick, and when you can execute it, AND ONLY IT, flawlessly everyday for a month, then you have hope of overcoming yourself. Don't trade anything else at all until you can trade that one system without breaking your trading rules. Don't worry if the system is an overall winner or not, that is not the problem you need to work on, nor is the system you pick going to be the one to make you a GAZILLIONAIR! It is your learning of discipline that will make you the $$ in the end.

Just by way of sharing, every time I put on a trade, I would look at how much $$ the trade was up or down. I would get very emotional about it. You know what I did? I changed my display to show only how many pips I was +/- my entry. That caused me to focus on whether or not I was getting close to my TP or SL according to my plan. I took away the thing that was affecting my emotions the most.

Sorry for the long post, but this forum is the best one I have EVER seen for being supportive and not wanting to leave anyone who puts in an effort behind.

You will prevail, if you face your real problems, if not, you'll be continuously frustrated.

Hope this helps,

Burke
There is but one simple truth to wit: the truth is always simple

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pablo101
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Postby pablo101 » Tue Feb 02, 2010 1:51 am

dudehead wrote:Pro, I gotta give you a hand for having the right attitude and putting yourself out there for others to see and comment on. But after reading a year's worth of your posts. I see a pattern, which you know very well.

1. You keep thrashing about, trying to find the "perfect" system that resonates with you.
2. No matter what you try, every time you step in front of a quote screen, your best efforts devolve into a binge of scalping and "revenge trading."

To use an analogy, you are a 500lb man who knows he must diet, goes to the buffet with the intention of eating a salad, and ends up eating the whole buffet. I don't mean to be giving "atomic wedgies" here. But, of course in trading, if we don't get to "brass tacks" we'll get nowhere.

My conclusion is, the first, and only task you should work on is having the discipline to stick to your trading plan. I know you've heard it before, and have repeated it like a parrot, but you don't DO it.

You've got approach it just like your workouts. You can't start benching 110 and the next day put 280 on the bar. You bench 110, then 115, etc.

For trading, just pick ANY system. Forget about the result, win 1 trade and lose 9 others, it doesn't matter. You focus on winning and money -- and that is your problem. You must focus on DISCIPLINE, that is your real problem.

Take that system you pick, and when you can execute it, AND ONLY IT, flawlessly everyday for a month, then you have hope of overcoming yourself. Don't trade anything else at all until you can trade that one system without breaking your trading rules. Don't worry if the system is an overall winner or not, that is not the problem you need to work on, nor is the system you pick going to be the one to make you a GAZILLIONAIR! It is your learning of discipline that will make you the $$ in the end.

Just by way of sharing, every time I put on a trade, I would look at how much $$ the trade was up or down. I would get very emotional about it. You know what I did? I changed my display to show only how many pips I was +/- my entry. That caused me to focus on whether or not I was getting close to my TP or SL according to my plan. I took away the thing that was affecting my emotions the most.

Sorry for the long post, but this forum is the best one I have EVER seen for being supportive and not wanting to leave anyone who puts in an effort behind.

You will prevail, if you face your real problems, if not, you'll be continuously frustrated.

Hope this helps,

Burke


Thank you for this post Burke, this sounds like me too!
What line? The line that tells you which way you are trading! - MO

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tmanbone
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Postby tmanbone » Tue Feb 02, 2010 2:25 am

tactful critique dudehead, you should post more, we need your help. Thanks,
"The simplicity of the markets is it's greatest disguise"



T

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prochargedmopar
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Postby prochargedmopar » Tue Feb 02, 2010 2:40 pm

Thx for the posts.
Deleted another MA but still using a couple on m1.

Image
#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

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prochargedmopar
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Postby prochargedmopar » Wed Feb 03, 2010 4:04 pm

DAY 23 -P/L

First losing day of 30 day cycle.


Image
Last edited by prochargedmopar on Thu Feb 04, 2010 4:24 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

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