ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Dec 26, 2014 8:39 pm

5. If you break your rules and your trades got closed, you must stop trading for 30 days for the first violation. Your second violation results in a 90 day suspension. Your third violation is a suspension of 180 days. Your fourth is a permanent retirement of your trading. Forever.

These rules are harsh. But consider this story.

In November of 2006, I got a phone call from a friend in India who was trading the GBP/USD. He was in a big trade. It broke all his position sizing rules and he asked me what he should do. I turned to Greg and Dave in my office and we talked about it, and we suggested that our friend in India close the trades NOW, or set a stop on the trades and then, if they lost, he would have to make it up later. I got sick and went to the hospital for the weekend.

On Monday, he wrote to me: I did not close the trades. I lost $5,000. There was more to his story. He had let his family down.

It was a lot of money for them. But he told me that his friend had lost over $100,000 in the same trades – his entire life savings, and he was found in his dining room on that Monday morning, attempting to saw off his hand. Yes, you read that right, and I am not making it up.
His family caught him trying to chop off his hand.

I am begging you – build protections around your worst habits. It’s embarrassing. It’s harsh. It restricts your freedom to “do whatever you want.” That’s ok. There is a lot of freedom in having rules. If you obey the rules, you get to have freedom in every other area of your life. If you break the rules, you restrict your freedom in every other area of your life.
Rob Booker "Course Book 2 ecerpt
#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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Dec 26, 2014 8:48 pm

Listen to BIOFM 42 - Year End Rants: Diabetics, Calories, BroScience and Paleo by Body IO FM #np on #SoundCloud

https://soundcloud.com/body-io-fm/biofm ... -end-rants
#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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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Fri Dec 26, 2014 8:58 pm

We are alike PRO in that I too love to gamble :mrgreen:

But I get it out of my system by playing cards:

http://www.openfacesolutions.com/

https://www.youtube.com/watch?v=uku9FXbokkw


PS: rules are for fools, simply be the man that you need to be.

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat Dec 27, 2014 9:00 pm

Now because you have in place a structured way of thinking which amongst other things is effectively like the most awesome antivirus software on Earth. It identifies the bug a mile off and just rids it from the start without effort . So the new 'How To Trade' software is able to just go in and work unhindered. It just works, it does its job. Before, the new software failed to start but now your mind has 'no bugs' and no 'chaotic thinking' getting in the way. Now you are clear to think and whatever you choose to install into your life will now work.

Paragraph from 'A bug free mind'
https://www.dropbox.com/s/drxdcpthu6lyb ... s.pdf?dl=0
#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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Dec 30, 2014 12:18 am

@3%
35x105x3

Its possible.

2x = win
3x = win+
#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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Dec 30, 2014 12:20 am

35x15-20 seems so much more feesible.

But it takes 6-10x for W+
:-(
#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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Dec 30, 2014 5:00 am

3x7
#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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MightyOne
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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Tue Dec 30, 2014 4:11 pm

I have no idea what you were trying to convey in your last three posts.

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Dec 31, 2014 7:20 pm

Power of 3
Combined with Lucky #7.

3x7
1a to 3a
#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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Dec 31, 2014 7:27 pm

Hmmmmm
2 closed trades last night while sleeping

Image

Image

I trade much better while sleeping.
#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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