ProchargedMopar's Trading Trilogy

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prochargedmopar
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Postby prochargedmopar » Fri Sep 17, 2010 1:26 pm

Starting to get this down..... 3 trades London, 7 NY.
sample:


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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 MightyOne » Sat Sep 18, 2010 7:47 pm

There is no need to keep searching when you know the way.

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Postby gfg1 » Sat Sep 18, 2010 10:29 pm

MO, thanks for the: did something close above something to go long and the opposite to go short? It makes it so much easier. Your continued attempts to assist is greatly appreciated.

MightyOne wrote:There is no need to keep searching when you know the way.

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prochargedmopar
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Postby prochargedmopar » Mon Sep 20, 2010 10:03 pm

One Trade today.

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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 TygerKrane » Mon Sep 20, 2010 10:48 pm

May I ask what this was based off of?

**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 Sep 21, 2010 3:12 pm

TygerKrane wrote:May I ask what this was based off of?


Panic reaction. LOL

I sat down after work (3rd shift) and was like doh, it's taking off and i'm gonna miss it, then realized, what tha? it didn't hit YOUR price yet noogin head and will most likely re-test the low extreme, (dashed line is previous day's low) so I took +5 pips and went to bed. 1/2% increase.

Do you see what happened IF I would have waited for MY price?
The technicals of trading is SO simple.

I've formulated a new MM plan that will take me to the next level of being fearless, bed time, will post it tomorrow.

It incorporates margin calls with 100% win rate.........

:twisted:
#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 MightyOne » Tue Sep 21, 2010 3:56 pm

prochargedmopar wrote:
TygerKrane wrote:May I ask what this was based off of?


Panic reaction. LOL

I sat down after work (3rd shift) and was like doh, it's taking off and i'm gonna miss it, then realized, what tha? it didn't hit YOUR price yet noogin head and will most likely re-test the low extreme, (dashed line is previous day's low) so I took +5 pips and went to bed. 1/2% increase.

Do you see what happened IF I would have waited for MY price?
The technicals of trading is SO simple.

I've formulated a new MM plan that will take me to the next level of being fearless, bed time, will post it tomorrow.

It incorporates margin calls with 100% win rate.........

:twisted:


I see what would have happened if you traded in the direction of momo ;)

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Postby prochargedmopar » Wed Sep 22, 2010 12:14 am

On not having a losing trade this year!

"I wouldn't be able to do that with a SL and without a cushion of profit creating a long period of time in which it is impossible for me to lose" M.O.

Disclaimer= *USE RISK CAPITAL ONLY

With a 100% win rate you do NOT need a stop loss.

If I step up to a blackjack table and lay down $50 on a hand. I win or lose.
Is there a difference in the balance of your trading account? It's ALL risk capital isn't it.

Well, lets play the game how it's suppose to be played. If I don't want to risk the money then I make a withdraw and put the money under my mattress!!!!!

Think about it, I mean really think about this.
Risking 1% of account per 10 pips move and 50:1 leverage on a/j I'll have about 800 pips before the account is margined out.........

Ok, Now what happens if I WAIT for the market to move 50-80 pips to a horizontal sup/res level....either BIG # or visual line used as previous bounce point?

I take entry with 10 pip TP and Margin call as STOP.!!!!!!
Tell me, which has the higher chance of getting HIT first???????
Don't give me any $%&@ either.....until you really think about how the market goes up and down and zero's your butt out over and over.


CHASING PRICE IS NOT AN OPTION.
Either take 10pips(1%) or -800.

Later can always use 2% per 10 and 317 pip margin call OR, take 80% off and let 20% ride, ride, ride.

Anybody ever sit down with a calculator and look at 4% increase a day in account over a 9 mo. period?
Start with $1k, you'll crap your pants......

You know what the greatest thing about this formula is?
LIQUIDITY.

When the pips get big you'll be selling to the chumps when price is taking off like a rocket up.....plenty of demand on entry, ALSO, you'll be buying falling knives, LOTS of supply available to fill your orders.

What's not to love?
PRO's Money Management system!
#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 es/pip » Wed Sep 22, 2010 12:37 am

what happens when it doesn't work that one time ?
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Wed Sep 22, 2010 12:41 am

why risk your entire account to make 2% a trade

why not risk 1% per trade and make 4x your risk each day ?

or 2% per trade and make 8% a day

risking it all for 2% is crazy


maybe it takes 3 months, 2 years or 10 years but there will be one time it moves against you and drains your bank
Bend over and assume the position for another 4 years of hope and change.

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