ProchargedMopar's Trading Trilogy
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Humble wrote:When the extreme of a memo bar (spatial) does not go beyond the previous memo bar extreme, it's time to get out?
There are no real rules for exiting...
I will wait for the highest price (or a little higher) in and uptrend and vise versa.
If you are going to move your SL to "protect" your profit then just forget about this.
- prochargedmopar
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skype helps and it hurts.....I get influenced sometimes to enter or exit trades, as do others by me and also I get busy posting pics and chatting and miss trades....getting better though.
On drive home from work I was in snow and ice, chatting on skype, listening to chris lori (pro traders club vids) and scalped +3 and plus +12 g/u long....hehehehe
On drive home from work I was in snow and ice, chatting on skype, listening to chris lori (pro traders club vids) and scalped +3 and plus +12 g/u long....hehehehe
#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
- leonyde
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Hi Pro,
I noticed you are using FXCM Micro, do you have any idea what is the max lot size you can trade on a micro?
They *say* they are able to offer lower spread because there is no live support etc. I don't need all that, just an account to trade. So I was wondering if I could convert my standard account to a micro one in order to pay less spread...
I noticed you are using FXCM Micro, do you have any idea what is the max lot size you can trade on a micro?
They *say* they are able to offer lower spread because there is no live support etc. I don't need all that, just an account to trade. So I was wondering if I could convert my standard account to a micro one in order to pay less spread...
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prochargedmopar wrote:skype helps and it hurts.....I get influenced sometimes to enter or exit trades, as do others by me and also I get busy posting pics and chatting and miss trades....getting better though.
On drive home from work I was in snow and ice, chatting on skype, listening to chris lori (pro traders club vids) and scalped +3 and plus +12 g/u long....hehehehe
Maybe you guys should pick a pair of the day, that you are not trading, and analyze the pair from multiple time frames and angles.
If most of you agree with one another then you have a serious case of herd mentality.
Listening to the opinions of others while you have open trades is highly distracting.
- gootson
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MightyOne wrote:prochargedmopar wrote:skype helps and it hurts.....I get influenced sometimes to enter or exit trades, as do others by me and also I get busy posting pics and chatting and miss trades....getting better though.
On drive home from work I was in snow and ice, chatting on skype, listening to chris lori (pro traders club vids) and scalped +3 and plus +12 g/u long....hehehehe
Maybe you guys should pick a pair of the day, that you are not trading, and analyze the pair from multiple time frames and angles.
If most of you agree with one another then you have a serious case of herd mentality.
Listening to the opinions of others while you have open trades is highly distracting.
This is the most interesting and smart idea I heard since long time... Maybe we try that tommorow on skype group?
Experience is one thing you can't get for nothing.
- prochargedmopar
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MightyOne wrote:prochargedmopar wrote:skype helps and it hurts.....I get influenced sometimes to enter or exit trades, as do others by me and also I get busy posting pics and chatting and miss trades....getting better though.
On drive home from work I was in snow and ice, chatting on skype, listening to chris lori (pro traders club vids) and scalped +3 and plus +12 g/u long....hehehehe
Maybe you guys should pick a pair of the day, that you are not trading, and analyze the pair from multiple time frames and angles.
If most of you agree with one another then you have a serious case of herd mentality.
Listening to the opinions of others while you have open trades is highly distracting.
Awesome Idea........
Remember what you told me in a PM one time Mightyone about BEING THE DEVIL???
Just yesterday one of the group members went LONG on e/u!
I do not trade e/u but switched to a chart and it wasn't long he was up 10 pips....I Immediately took a short trade. He was cursing me, but I grabbed a quick 7 pips and was........Laughing my butt off!!!!!!!!!!!!
I consistently get a better price than my trading partners (after) they enter trades....but they usually end up with more pips because I bail out too soon.
Leonyde............$100 per pip (1000) micros
I seriously do not think they will let you pull that amount of money out of their account for very long........
#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
- leonyde
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prochargedmopar wrote:Leonyde............$100 per pip (1000) micros
I seriously do not think they will let you pull that amount of money out of their account for very long........
Wow, that's almost like a standard account! Micro or standard aside, I think you'll anyway be "under the radar" when you'll trade with 1 million... Thx for the info
- prochargedmopar
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Risk/Reward out of line today.
1 more day to complete first cycle of plan. (about 16 pips)
Here is a sign of things to come.
You think I held...nope. Was short e/j full positions from 83 and again at 80 after push back up.
It dropped 90 pips shortly there after.
Hmmmmmmmmm
Have a good weekend.
Default start 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]
21-1 +16 $13.17 $264.30 [8]
22-2 +15 $13.59 $277.89 (9)
23-3 -24 $-21.22 $256.67 (9)
24-4 +18 $16.25 $272.92 (9)
25-5 +26 $23.21 $296.13 (9)
26-8 +18 $18.48 $314.16 (10)
27-9 +25 $25.59 $339.75 (10+)
28-10 +19 $21.70 $361.45 (11)
29-11 +20 $23.98 $385.32 (12)
30-12 +44 $53.45 $438.77 (13)
1 more day to complete first cycle of plan. (about 16 pips)
Here is a sign of things to come.
You think I held...nope. Was short e/j full positions from 83 and again at 80 after push back up.
It dropped 90 pips shortly there after.
Hmmmmmmmmm
Have a good weekend.
Default start 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]
21-1 +16 $13.17 $264.30 [8]
22-2 +15 $13.59 $277.89 (9)
23-3 -24 $-21.22 $256.67 (9)
24-4 +18 $16.25 $272.92 (9)
25-5 +26 $23.21 $296.13 (9)
26-8 +18 $18.48 $314.16 (10)
27-9 +25 $25.59 $339.75 (10+)
28-10 +19 $21.70 $361.45 (11)
29-11 +20 $23.98 $385.32 (12)
30-12 +44 $53.45 $438.77 (13)
#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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