ProchargedMopar's Trading Trilogy

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prochargedmopar
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Postby prochargedmopar » Thu Apr 08, 2010 8:17 pm

LMAO!!

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#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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Postby prochargedmopar » Thu Apr 08, 2010 9:55 pm

HOLY SMOKES!

Has the Aud/Jpy Daily chart ran out of steam both fundamentally and technically.??

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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Postby prochargedmopar » Fri Apr 09, 2010 2:30 am

H4 Chart... A/J
Short??

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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Postby prochargedmopar » Fri Apr 09, 2010 2:36 am

Shorted g/u at the "Big Figure"....set limit at 98. +30 atm.
Jumped the gun on g/j and it whipped me out.

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#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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Postby prochargedmopar » Fri Apr 09, 2010 12:44 pm

having haddy's today on e/u, e/j and g/j but g/u is cooperating.

On the trade you see 2 posts up I saw over +30. Took 1/2 off at +20 "on paper" and then got stop hit at-5 on 2nd half after moving it up to minimize risk.

In todays PTC video release Chris lori took the trade at 80 instead of the 98 limit entry I had. he lost 3 on 1/2 and then 7 on 2nd half.......
Hehehehehe

Here is another short I took some off at 20 again and then moved stop up.....letting it run +37 ish here.

Image
Last edited by prochargedmopar on Fri Apr 09, 2010 1:15 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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Postby prochargedmopar » Fri Apr 09, 2010 1:13 pm

You've got to be kidding, right?
NOPE.

Didn't have time to snap pic of P/L column............ +3.1 short e/u.

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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Postby prochargedmopar » Fri Apr 09, 2010 8:22 pm

MIGHTYONE wrote in tmanbones log:

Analysis is a reflection of ones self and how one interprets price over time; if this is you then how is it wrong?

Personally, I choose one level S&R per time frame because I want to know when I am wrong.

I also believe that it is best to use horizontal lines over diagonal (w/ the exception of finding equilibrium) to trade with.



With this statement and a chart, what else is there?

I must read this every day.
With this info you have your entry(horizontal line extreme) and you have your direction (diagonal line) and you have your exit (horizontal line extreme)
entries to exits and back to entries.........................
:shock:
#1BODY in direction of profit #2INCREASE lot size Obsessively
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Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby prochargedmopar » Sun Apr 11, 2010 12:17 am

http://olympics.thestar.com/2010/articl ... e-memories

Luger's death stirs gruesome memories
Ex-Canadian Olympian Chris Lori suffered horrific spill in 1987
February 13, 2010
DAVE FESCHUK

VANCOUVER?When Chris Lori watched the frame-by-frame video replay of the luge crash that killed 21-year-old Nodar Kumaritashvili of Georgia on Friday, he was one of the few people in the world who could say he'd experienced anything similar.

Lori, a four-time Olympic bobsledder from Windsor, suffered a catastrophic mishap on an Italian ice chute in 1987. Losing control of a four-man sled at about 140 km/h, Lori was knocked unconscious after his head slammed against the wall. The 1,300-pound sled rolled on top of him as it continued its merciless slide down a straightaway.

And when Lori came to, some 30 minutes later, he remembers blood flowing into his eyes and a Russian doctor holding down his arms. The doctor didn't want Lori to use his hands to feel the flesh hanging precariously from a face that would require some 300 stitches and extensive plastic surgery.

"I should have lost my life in my accident. I should be at least a quadriplegic," said Lori, who was in his mid-20s at the time of his accident. "I was very fortunate."

Kumaritashvili succumbed to the injuries he sustained during a training run in Friday, and the loss is huge.

Lori said the crash was caused by "driver error," that the young Georgian, overpowered by the strong G-forces of a finish turn that saw him travelling an estimated 134 km/h, lost control before he lost consciousness with an initial impact with a wall that vaulted him over the opposite wall and into a trackside metal beam.

But while Lori said the sliding community of bobsledders, lugers and skeleton racers felt a deep hurt at the news, he said danger is an essential part of the sport. To remove it would not only be impractical ? "You'd have to put a 10-foot wall all the way down the course" ? it would gut the game's very essence.

"We don't like to see those consequences, but they can happen, and there's really no way to stop these types of incidents from happening," said Lori. "You need some danger element. That's what the sport's about, how the athlete is going to respond in an environment when they can be hurt. That separates the stronger competitors from the weaker. ... You want psychologically tough athletes to win. If it's safe for everybody, that removes the core element of the sport from its origins."

The core element of the sport, said Lori, now a currency trader in Vancouver, is a head-on collision with one's worst fears. Lori's 1987 crash left him in the hospital for weeks with a long list of broken bones and bruises. But it didn't keep him off the mountain. He'd go on to drive a World Cup championship sled. And two years after he was lying on the ice in bloody heap, he and his crew set the track record on the perilous track that had nearly killed him.

"The dream has got to be bigger than the pain. You're either going to live with that for the rest of your life, the fact that you backed down to challenge and backed down to fear and (gave up) your goals and your dreams," said Lori. "As sliders, only we know what it's like to stand on top of that mountain and look down that mountain. (Kumaritashvili's death) is a terrible shame, but we've all been there as sliders. We've all stood at the top of a mountain that we feared, and we've all got to go down that mountain."

Source:Toronto Star
#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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Postby prochargedmopar » Sun Apr 11, 2010 8:43 am

http://theinnercircletrader.blogspot.com/

Lesson 1:

Small ranges beget large ranges.
Large ranges beget small ranges.

Where have I heard this before?
LOL
#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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Postby prochargedmopar » Sun Apr 11, 2010 7:07 pm

I posted this in breden's thread too.

Bredin,

Please, Please build this indicator!!

My son (7) ask me what a fractal was. That opened the flood gates.
My 15yo doesn't have much interest but the little guy does.
He's my new trading buddy.

I started to explain what dealing ranges were and that got me to thinking that this kid would have no fear. I've got to be VERY careful what I say to him as not to create it.

Anyway, when they play video games all they have is "lives".......and then can either build up from 3 to a 100(some games when you good) or go to zero and start over again.

Wouldn't it be great to be able to do as es/pip does and never have to look at P/L until the end of the day...........just how many LIVES you have left or have gained.

You might be able to use TRO_Dragon Money management to get the balance, risk % and lot sizes.

With this indicator you would have to keep the lot size the same so the # of lives would change and not the percentage of risk.
Hope you understand what I'm saying. After I made it to 100 or 120 lives then I could up the pip value to drop back to 79,89, (or what ever cushion a person feels comfortable with) and start to build again.

It would look something like this.

Image

I attached that indicator just in case you want to use it but you may prefer to start from scratch.

I could calculate it manually after every trade and then change the DTB tag but that kind of defeats the purpose of not looking at your balance.
#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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