ProchargedMopar's Trading Trilogy

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prochargedmopar
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Postby prochargedmopar » Mon Apr 12, 2010 11:09 pm

I went long at what I thought would be support...nope, bailed at -15 (1 life) ;)

Immediately set a limit/buy 20 pips below.
Came back a little while later to see that trade up 15.

Hmmmm
I could move stop to b/e and if it blows through that level I'll get in again and again with each entry being higher and higher probabilities to pay (numerous lives).

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#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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prochargedmopar
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Postby prochargedmopar » Tue Apr 13, 2010 12:53 am

This is funny, I'm teaching a class my 7 and 11 yr kiddos....we are loading life indy's.....hahahaha

TP hit shortly after this snapshot +1 LIFE

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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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TygerKrane
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Postby TygerKrane » Tue Apr 13, 2010 12:59 am

how many pips did you get on that last trade there, if you don't mind me asking??

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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prochargedmopar
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Postby prochargedmopar » Tue Apr 13, 2010 2:45 am

This is fun, I'm going for a few lives on this one............

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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

aliassmith
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Postby aliassmith » Tue Apr 13, 2010 3:19 am

prochargedmopar wrote:This is fun, I'm going for a few lives on this one............

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Damn PRO is that an actual indicator that has the lives?

Video games are great, although this is the only one that I play now. :)
Trade Your Way as Long as It Makes Money!

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Postby prochargedmopar » Tue Apr 13, 2010 6:13 am

#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 » Tue Apr 13, 2010 8:18 am

Greedy?

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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 » Tue Apr 13, 2010 11:29 am

Here are a couple of sweet trades both demo and live.
Fxdd has 5 pip spread on a/j but if your going for 50 instead of 5, .........


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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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prochargedmopar
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Postby prochargedmopar » Tue Apr 13, 2010 2:25 pm

Jan, 8th 2009.

Mightyone wrote:

It is a small loss because I DO NOT let price move to my SL orders.

Do I need a SL of that size?

No, it is a MAXIMUM SL calculation that is best used for targeting gains of 0.5 to 1.

If the Avrg. is 14.85 pips and price has to move at least 8 pip to reach your price then chances are you are not going to stopped when using a 14.8 pip stop.

Don't play follow the leader :? :) :shock:

Do whatever you feel comfortable doing.
#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 » Tue Apr 13, 2010 8:40 pm

Ride, Ride, Ride, let it ride!!!!

+93.x...

It's amazing what happens when you look at candles bigger than 14 pips in length.

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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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