ProchargedMopar's Trading Trilogy

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nimo350
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Postby nimo350 » Sat Feb 23, 2013 10:43 am

nt
Last edited by nimo350 on Wed Jun 29, 2016 6:36 am, edited 2 times in total.

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Captain Pugwash
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Postby Captain Pugwash » Sat Feb 23, 2013 11:41 am

nimo350 wrote:
If I've learned anything so far about trading, it is that one shouldn't dismiss things that are in conflict with ones own knowledge.



Really nice words shipmate
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

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TygerKrane
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Postby TygerKrane » Sat Feb 23, 2013 1:44 pm

xtremeforex wrote:AliasSmith,

You derived all that from "tsk tsk Manual Trading" ?

I'm only teasing relax. I don't think its' stupid, virtually all strategies start their life manually. Ultimately, all strategies should be finalized by automation for plenty of good reasons. People hell bent on manual trading may never realize this, particularly if they don't understand the concept of 'regime change.'

That's where 'tsk tsk' comes in.

As for money-management. Yeah most of you don't have any clue if you're trading 0.5 lots on a $500 account.

About how many trades does your automation enter per week?


Also, I think that:
1 lot = 100,000
.5 lot = 50,000
.1 lot = 10,000

In the USA (where procharged is), with $500 the maximum amount of units that could be purchased is 25K aka .25 lot. ($20 of margin per 'k'.) (Which would then put him into instant margin call.)

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

xtremeforex
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Postby xtremeforex » Sat Feb 23, 2013 10:08 pm

nimo,

Suit yourself.

To me - there's more elegance in achieving an impressive ROI with the most minimal lot sizes and least leverage. To me - that demonstrates a healthier strategy.

Tygerkrane,

Yes, when I read one of the posts on this thread I was also wondering how it was possible to trade 0.5 lots on $500. However, like you, I just gave the benefit of the doubt. And like how you've mentioned, that is why I think it is so reckless to trade like that. There is virtually no margin (literally!) for error.

Even 0.1 lots on $500 is still reckless.

If these same traders, used a Demo account with proper capitalization in the ratio's I've suggested. They may be pleasantly surprised to find their strategies are more effective and last longer.

nimo350
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Postby nimo350 » Sat Feb 23, 2013 10:59 pm

nt
Last edited by nimo350 on Wed Jun 29, 2016 6:36 am, edited 2 times in total.

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xtremeforex
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Postby xtremeforex » Sat Feb 23, 2013 11:55 pm

nimo,

Calm down, if you met me in real life, you would be amazed at surprisingly how humble and friendly I am.

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PebbleTrader
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Postby PebbleTrader » Sun Feb 24, 2013 12:22 am

Most of the time I don't know what I'm going to be doing,

There's no way I can automate that!

I just use different tools / ideas depending on the circumstances.

As much as I love automation and simplicity, I'll never be an "automated" trader.
Life is just a journey

nimo350
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Postby nimo350 » Sun Feb 24, 2013 1:52 am

nt
Last edited by nimo350 on Wed Jun 29, 2016 6:36 am, edited 2 times in total.

aliassmith
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Postby aliassmith » Sun Feb 24, 2013 2:52 am

:shock:
Last edited by aliassmith on Sat Nov 15, 2014 7:48 pm, edited 1 time in total.
Trade Your Way as Long as It Makes Money!

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prochargedmopar
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Postby prochargedmopar » Wed Jul 03, 2013 4:00 am

Works on tester..... 1511 trades with few "losses".
http://screencast.com/t/lI1mNr8dj

Works in live market too.
http://screencast.com/t/oYRpnjROS3
Attachments
1511_test_trades_AJ.png
1511_test_trades_AJ.png (119.19 KiB) Viewed 1546 times
yup_it_works.png
yup_it_works.png (23.82 KiB) Viewed 1557 times
Last edited by prochargedmopar on Wed Jul 03, 2013 4:28 am, 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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