ProchargedMopar's Trading Trilogy

[prochargedmopar]

Had fun snow skiing, sledding, and playing at white sands basin. I never slid down sand dunes before. That was different. Oldest son wanted to race to the top of a dune(almost straight up). Keep in mind he made varsity track this year as a freshman and ran a 54 flat in the 400m last weekend....heheheh< I smoked em'!!!!! LOL
Hmmm back to business.

[dojirock]

Hi Prochargedmopar,

I notice your using a platform my friend uses. He cant figure out how to use tro's indicators on it. Is there a way? Where do you install the indicators? I still use metatrader for the same reason.

Thnx in advance!

doji

[aliassmith]

prochargedmopar

An hour ago I got an email from Mac X. I clicked on the link and just
finished listening to the recording. Prochargedmopar, as I listened I
couldn't help but think of you. Mac X is a good guy. I hope this helps
you in your trading success.

Patch

EMAIL:
Hi Jeff,

"I want the truth!" demanded the Lietenant.

"You can't handle the truth!" hollered the Colonel.

It was one of the most dramatic courtroom scenes ever.

Tom Cruise, playing a Navy Lawyer, went after Jack
Nicholson in the movie "A Few Good Men."

But it's also something we need to ask ourselves as
traders.

Do we want the truth about ourselves? Or the more personal
question: Can you handle the truth?

Because the answer to that very intimate question holds
the key... to whether you'll be able to master your
psychological challenges that get in the way of being
a high-profit trader.

As you know, trading goes by the 80/20 rule:

It's 80% psychology, and only 20% trading method.

If you haven't evaluated what's going on inside your
head, if you haven't mastered your inner demons...

It's not your fault!

Many traders shy away from the psychology part, because
it means coming to grips with parts inside each of us
that are not always pleasant.

Sometimes the truth hurts.

Can you handle the truth?

Until you can, you will be limiting yourself. So let
me ask you again:

Can you handle the truth?

Here's a valuable video that challenges you to do
just that:

=> www.theinsidercode.com/super-traders.html

Now go kick some tail and take names!

Mac X

P.S. - Psychology rules trading, more than method, more
than money management, more than luck. You must deal
with your psychology if you are EVER going to maximize
your profits, so watch the video.

=> www.theinsidercode.com/super-traders.html

Thanks Patch,

I am always working on my psychology along with my execution.

Well speaking of psychology....

I did an experiment the last week. Learned a few things about myself
and what other traders have said.

I switched my trading method. The only thing I did was use one order
instead of two. What I realized is it caused some emotions to take over.
Some people think it is greed. I think it is fear.

When I would have a substantial profit I didn't take profit. I sat there and
watched it go back to zero. When I was in draw down, I sat there and
watched it hit my stoploss.

I believe using one order caused a "fear of missing a move".

It also affected my entries. I made entries off timed a lot. The mind is a
powerful tool when it comes to trading.

[pablo101]

Had fun snow skiing, sledding, and playing at white sands basin. I never slid down sand dunes before. That was different. Oldest son wanted to race to the top of a dune(almost straight up). Keep in mind he made varsity track this year as a freshman and ran a 54 flat in the 400m last weekend....heheheh< I smoked em'!!!!! LOL
Hmmm back to business.

PRO, M1 fast, can't make head or tails on it. Can you go through your triggers for me? I suspect you are bounces from 8sma when in a trend, also highs lows TTL and also momo bars and retests and trade away. Any clear pics you can put up bud? ...uhhh sounds like other timeframes

Thanks there!

[bredin]

When it comes to money there are only two emotions, greed and fear, mastery of these two leads to great wealth.

G.

prochargedmopar

An hour ago I got an email from Mac X. I clicked on the link and just
finished listening to the recording. Prochargedmopar, as I listened I
couldn't help but think of you. Mac X is a good guy. I hope this helps
you in your trading success.

Patch

EMAIL:
Hi Jeff,

"I want the truth!" demanded the Lietenant.

"You can't handle the truth!" hollered the Colonel.

It was one of the most dramatic courtroom scenes ever.

Tom Cruise, playing a Navy Lawyer, went after Jack
Nicholson in the movie "A Few Good Men."

But it's also something we need to ask ourselves as
traders.

Do we want the truth about ourselves? Or the more personal
question: Can you handle the truth?

Because the answer to that very intimate question holds
the key... to whether you'll be able to master your
psychological challenges that get in the way of being
a high-profit trader.

As you know, trading goes by the 80/20 rule:

It's 80% psychology, and only 20% trading method.

If you haven't evaluated what's going on inside your
head, if you haven't mastered your inner demons...

It's not your fault!

Many traders shy away from the psychology part, because
it means coming to grips with parts inside each of us
that are not always pleasant.

Sometimes the truth hurts.

Can you handle the truth?

Until you can, you will be limiting yourself. So let
me ask you again:

Can you handle the truth?

Here's a valuable video that challenges you to do
just that:

=> www.theinsidercode.com/super-traders.html

Now go kick some tail and take names!

Mac X

P.S. - Psychology rules trading, more than method, more
than money management, more than luck. You must deal
with your psychology if you are EVER going to maximize
your profits, so watch the video.

=> www.theinsidercode.com/super-traders.html

Thanks Patch,

I am always working on my psychology along with my execution.

Well speaking of psychology....

I did an experiment the last week. Learned a few things about myself
and what other traders have said.

I switched my trading method. The only thing I did was use one order
instead of two. What I realized is it caused some emotions to take over.
Some people think it is greed. I think it is fear.

When I would have a substantial profit I didn't take profit. I sat there and
watched it go back to zero. When I was in draw down, I sat there and
watched it hit my stoploss.

I believe using one order caused a "fear of missing a move".

It also affected my entries. I made entries off timed a lot. The mind is a
powerful tool when it comes to trading.

[prochargedmopar]

Last trade was ylow trade. Decent.
NOT a good day for me.

I'll answer questions this weekend. I'll try to post some of my trades next week as I take them and mark up the chart what I see.

[prochargedmopar]

Holy smokes.....broker was pulling my chain today...watching account have $400 drawdown and not be able to do anything about it was nuts...hey, all my fault for using to much risk but man, still a big pain seeing it slipping stops by 40+ pips aint fun. entries would be "put on hold" in pending orders box while the market would move 10-12 pips from entry.

Trading this bad boy long all the way down didn't help either!!!!!!!!
2nd losing day in 39 trading days.

[prochargedmopar]

Hmmmmm
A little traumatized from yesterday. played it safe. LOL

[prochargedmopar]

Had couple losses so decided to just hit it, get a little mojo back.
Took a couple extra trades.

It's a totally different psychology scalping, totally. Much easier.

[adaseb]

Did you get a new Netbook?

I see your using Windows 7 now