5 days to decide that GU was closing below something???
hahaha,
what a wiener.
ProchargedMopar's Trading Trilogy
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- prochargedmopar
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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
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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dchappy wrote:Pro , none of my business , but why are you trading "against" mo & go . Or are you only experimenting ?prochargedmopar wrote:Taking other peoples trade calls,
Always lovely.
Trading against what I see on the chart.
Accotunt destroying.
Chappy,
You've asked the $million$ dollar question.
Same one I've been asking myself for the last 4yrs.
It aint pretty trading against own method.
But, being I am, with more margin I would have added more to GU @82 and 55.
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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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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After the GU fiasco is over, I will trade the smaller of the 2 accts with someone else's trade calls, and the larger with my OWN.
What ever you are risking, you are risking. M.O.
What ever you have in your acct. is what you have to make $$, there is NO getting money back. M.O.
(paraphrased, too tired to look up actual quote, just worked 13hr. shift)
Happy Friday.
What ever you are risking, you are risking. M.O.
What ever you have in your acct. is what you have to make $$, there is NO getting money back. M.O.
(paraphrased, too tired to look up actual quote, just worked 13hr. shift)
Happy Friday.
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- 2accts2methods.png (170.67 KiB) Viewed 2216 times
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- aliassmith
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prochargedmopar wrote:After the GU fiasco is over, I will trade the smaller of the 2 accts with someone else's trade calls, and the larger with my OWN.
What ever you are risking, you are risking. M.O.
What ever you have in your acct. is what you have to make $$, there is NO getting money back. M.O.
(paraphrased, too tired to look up actual quote, just worked 13hr. shift)
Happy Friday.
Last edited by aliassmith on Sat Nov 15, 2014 7:39 pm, edited 1 time in total.
Trade Your Way as Long as It Makes Money!
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Totally agree , ......Pro, you have more trading "knowledge " than anyone I know . But , don't let yourself become a professional student and miss the boat . Trading $1 per $1000 is very doable .As Alias said an account can double in a few months that way . Read a small book a few yes ago called "who moved my cheese " . " Asks a burning question " what would you do if you weren't afraid ? ". l began to ask that question before each trade ,and it helped me execute . Mo &go works 90% of the time .Why look further ?. Pro , you just have to step off the cliff and go for it .. I did , Doji,3clips,Snap ,Aj and many others here also. ......One method and master it . ..........OK , I'm done preaching ..lol. .....Still pullin for ya.....
- Captain Pugwash
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- prochargedmopar
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dchappy wrote:Totally agree , ......Pro, you have more trading "knowledge " than anyone I know . But , don't let yourself become a professional student and miss the boat . Trading $1 per $1000 is very doable .As Alias said an account can double in a few months that way . Read a small book a few yes ago called "who moved my cheese " . " Asks a burning question " what would you do if you weren't afraid ? ". l began to ask that question before each trade ,and it helped me execute . Mo &go works 90% of the time .Why look further ?. Pro , you just have to step off the cliff and go for it .. I did , Doji,3clips,Snap ,Aj and many others here also. ......One method and master it . ..........OK , I'm done preaching ..lol. .....Still pullin for ya.....
I read that book a few years ago. think someone in the II chat posted it to dropbox.
Pretty good.
Those traders listed, I'm not sure all of them are profitable.
But I get the gist.
Here is what's left of acct.
At least I didn't blow the whole thing up.
Lost like $150 on G/U
Next
Let me say this, no way I'm risking $0.90 for FIRST entry on this $895 acct.
If M.O. says you should not "add" more than 3x. Ok. lets start with $0.30.
I can use his lucky rabbit trick. (revisit it)
Things go well, add more, if not , suck it up.
- Attachments
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- accts.png (159.92 KiB) Viewed 2155 times
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- aliassmith
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prochargedmopar wrote:dchappy wrote:Totally agree , ......Pro, you have more trading "knowledge " than anyone I know . But , don't let yourself become a professional student and miss the boat . Trading $1 per $1000 is very doable .As Alias said an account can double in a few months that way . Read a small book a few yes ago called "who moved my cheese " . " Asks a burning question " what would you do if you weren't afraid ? ". l began to ask that question before each trade ,and it helped me execute . Mo &go works 90% of the time .Why look further ?. Pro , you just have to step off the cliff and go for it .. I did , Doji,3clips,Snap ,Aj and many others here also. ......One method and master it . ..........OK , I'm done preaching ..lol. .....Still pullin for ya.....
I read that book a few years ago. think someone in the II chat posted it to dropbox.
Pretty good.
Those traders listed, I'm not sure all of them are profitable.
But I get the gist.
Here is what's left of acct.
At least I didn't blow the whole thing up.
Lost like $150 on G/U
Next
Let me say this, no way I'm risking $0.90 for FIRST entry on this $895 acct.
If M.O. says you should not "add" more than 3x. Ok. lets start with $0.30.
I can use his lucky rabbit trick. (revisit it)
Things go well, add more, if not , suck it up.
Last edited by aliassmith on Sat Nov 15, 2014 7:38 pm, edited 1 time in total.
Trade Your Way as Long as It Makes Money!
Pro I feel your pain. I feel like I was just like you. Always looking at a hundred charts, different currencies and jumping from one method to the next. I know you follow MO, so it kills me to see you not winning at this yet. I posted a chart of how I would have taken 2 trades on the G/U today.
Try this. All next week pick one currency and one trade setup and that is all you can trade. So lets say you pick my favorite and what really turned my trading around, 4hr MZ trades. So you look at whatever currency your trading and you cant even think about placing a trade until your in a 4hr MZ. Once in one go to a 15 min chart and look for the setup 1. non momo, 2. momo, 3. price wicks momo. That's all, that's it and post your results for us to see. Of course you can pick whatever setup you want. Once you have a foundation then you can add to it and learn to bend the rules and other setups to look for. Hope this helps
Also while I trade I constantly re read NLA, Lux's and Beetlbox's thread. Each time I learn one or two things new or how to add something to my trading aresanal. Next up is The idea's I trade by and starting to look at longer time frames. Hope this helps.
Try this. All next week pick one currency and one trade setup and that is all you can trade. So lets say you pick my favorite and what really turned my trading around, 4hr MZ trades. So you look at whatever currency your trading and you cant even think about placing a trade until your in a 4hr MZ. Once in one go to a 15 min chart and look for the setup 1. non momo, 2. momo, 3. price wicks momo. That's all, that's it and post your results for us to see. Of course you can pick whatever setup you want. Once you have a foundation then you can add to it and learn to bend the rules and other setups to look for. Hope this helps
Also while I trade I constantly re read NLA, Lux's and Beetlbox's thread. Each time I learn one or two things new or how to add something to my trading aresanal. Next up is The idea's I trade by and starting to look at longer time frames. Hope this helps.
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