ProchargedMopar's Trading Trilogy

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jan 02, 2015 1:22 am

Wow,
EU weekly untested level is still a ways down.

Image
#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:

Postby prochargedmopar » Fri Jan 02, 2015 1:29 am

I'm sure M.O. beat us both to the punch as he posted this in March 2009.
He actually posted other versions well before and were stating the same thing.
LOL

prochargedmopar wrote:A much read, underlined, and highlighted yet long lost quote by Mightyone. 3/2009
I present to you THE Trading Bible!

MightyOne wrote:Prices rise and fall by HUNDREDS of pips every day and some how most
every one cannot figure out how to make even 1% per day.

I just dont get it, I really don't :?

So I am going to lay out the frame work for profiting in a such a way
that can be accomplished by anyone:

1. Which way is price likely to move in the long term (more on this later).

2. How small can I make my stops (you would be surprised)

3. Risking 1% per trade/chart enter with the momentum of the small time frame.

4. Exit all when you feel that price is likely to reverse and add that profit to your SL amount less commission.

EXAMPLE: 10 pips = 1%: You make 15 pips on a short and exit as the market starts to reverse. The next trade you risk your initial 10 + the 15 gained from shorting less 1 pip for commission to re enter.

5. Price starts heading in the long term direction and again you get an entry to short on your small TF. You short with your 25 pip stop and the market starts stalling at +7 so you exit (you are at +32).

Price retraces 45 pips and you believe price is again heading south so you short again on you small TF with a 31 pip stop.

7. YOU CAN ONLY EXIT WHILE IN PROFIT OR GET STOPPED OUT!

Price retraces 27 pips and then turns around and plummets 74 pips.

What time frame are your trading? What does that chart look like?
How many bars has it been since you first started shorting?

Trade NO MORE THAN 2 bars of any time frame!

8. You either reach your goal and make 7, 15, 26, 52, or 80%+ on your account or you lose 1%.

By reinvesting profit, having an unwillingness to let price trade to your stop while you are were profit at some point, and by sticking to a goal knowing that PRICE DOES MOVE HUNDREDS OF PIPS EVERY DAY (just about) then you will reach the goals you set out to attain and your losses
will cause you great laughter!!
Think and grow rich PRO :wink:
#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:

Postby prochargedmopar » Fri Jan 02, 2015 1:50 am

Hmmmmm,
Trading skills of the Pro Jan. 2010
Beginners luck. LOL

prochargedmopar wrote:Only way it will change is if there is a deletion of lines, squiggly or other, NOT an addition.

Last 10 days of trading log.

Actual starting balance 598.50
Default Bal. 47.00 - Target 460.10

Day/Date/pips/P-L/Bal/lot size

1-4th +52 $8.00 - 55.00 (2)
2-5 +32 $6.70 - 60.96 (3)
3-6 +50 $9.00 - 69.96 (3)
4-7 +32 $6.38 - 76.34 (3)
5-8 +18 $5.49 - 81.83 (3)
6-11 +41 $7.30 - 89.13 (3)
7-12 +22 $9.19 - 98.32 (4)
8-13 +18 $7.04 - $105.36 (4)
9-14 +19 $7.20 - $112.56 (4+)
10-15 +22 $8.80 - $121.36 (4)

Doubled money in 10 days.

My money management trading plan: "Pro's 20 pips to $Freedom$"

For the impatient the first 2-3 levels will be the hard part, after that the ball starts to ROLL.

Starting balance based on increments of 3.
$30.00, $300.00, ect

First Go round is using 10 cent pips to prove to yourself and to build confidence that you can succeed in your quest for freedom. A Dry Run.

New balance/Lot size/Daily profit/ # of days trading
Phase 1:

$30 - 10cents - $2per day - 15 days
$62 - 20 -$4 - 8
$92 - 30 - $6 - 5
$124 - 40 - $8 - 4
$154 - 50 - $10 - 3
$178 - 60 - $12 - 2
$234 - 70 - $14 - 2
$262 - 80 - $16 - 2
$294 - 90 - $18 - 2
$330 - $1 - $20 -2
$370 - $1.10 - $22 - 1
$392 -$1.20 - $24 - 2
$440 - $1.30 - $26 -1
$466 - $1.40- $28 - 1
$494 - $.50 - $30 - Time to go to FREEDOM Level

Start with $494 and use $2 pips!!!
Do it all over again but move Decimal one place to right..

Phase 2:

$494 - $2 - $40per day 3 days
$614 - $3 - $60 5
$914 - $4 - $80 4
$1234 - $5 - $100 3
$1534 - $6 - $120 2
$1774 - $7 - $140 2
$2054 - $8 - $160 2
$2374 - $9 - $180 1
$2554 - $10 -$200 2
$2954 - $11 - $220 2
$3394 - $12 - $240 1
$3634 - $13 - $260 1
$3894 - $14 - $280 2
$4454 - $15 - $300 PER DAY INCOME!!!

You add up the days....

20 pips a day baby.......I won't write up Phase 3 BUT.

START WITH $20 PIPS...... and finish with $3000 a day income...HEHEHEHE
#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:

Postby prochargedmopar » Fri Jan 02, 2015 2:00 am

4 yrs ago.
Inssane

prochargedmopar wrote:1 more day to complete first cycle of plan. (about 16 pips)

Image

Here is a sign of things to come.
You think I held...nope. Was short e/j full positions from 83 and again at 80 after push back up.
It dropped 90 pips shortly there after.

Hmmmmmmmmm

Image

Have a good weekend.

Default start Bal. 47.00 - Target 460.10

Day#/Date/pips/P-L/Balance/lot size

1-4 +52 $8.00 Bal. 55.00 (2)
2-5 +32 $6.70 $60.96 (3)
3-6 +50 $9.00 $69.96 (3)
4-7 +32 $6.38 $76.34 (3)
5-8 +18 $5.49 $81.83 (3)
6-11 +41 $7.30 $89.13 (3)
7-12 +22 $9.19 $98.32 (4)
8-13 +18 $7.04 $105.36 (4)
9-14 +19 $7.20 $112.56 (4+)
10-15 +22 $8.80 $121.36 (4)
11-18 +22 $10.88 $132.24 (5)
12-19 +21 $10.60 $142.84 (5)
13-20 +16 $8.12 $150.96 (5)
14-21 +22 $13.72 $164.68 (6)
15-22 +19 $11.42 $176.10 (6)
16-25 +22 $14.42 $190.52 (6&7)
17-26 +45 $30.43 $220.95 (7+)
18-27 +6 $4.06 $225.01 (7+)
19-28 +14 $9.02 $234.03 (7)
20-29 +22 $17.10 $251.13 [8]
21-1 +16 $13.17 $264.30 [8]
22-2 +15 $13.59 $277.89 (9)
23-3 -24 $-21.22 $256.67 (9)
24-4 +18 $16.25 $272.92 (9)
25-5 +26 $23.21 $296.13 (9)
26-8 +18 $18.48 $314.16 (10)
27-9 +25 $25.59 $339.75 (10+)
28-10 +19 $21.70 $361.45 (11)
29-11 +20 $23.98 $385.32 (12)
30-12 +44 $53.45 $438.77 (13)
#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: Re:

Postby aliassmith » Fri Jan 02, 2015 2:05 am

prochargedmopar wrote:I'm sure M.O. beat us both to the punch as he posted this in March 2009.
He actually posted other versions well before and were stating the same thing.
LOL


One of his biggest things was "scalping" for pips to add to his stoploss not necessarily
for adding size. I don't remember if he was calling it the "shield" yet then later he
discussed size and the sword. Regardless I did developed aggressive pushing from his
teachings.

I'm not sure why you post at FF anyways, if they want to learn the can come here.
FF don't love you like we do. :)
Trade Your Way as Long as It Makes Money!

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Re: Re:

Postby aliassmith » Fri Jan 02, 2015 2:13 am

prochargedmopar wrote:4 yrs ago.
Inssane

prochargedmopar wrote:1 more day to complete first cycle of plan. (about 16 pips)

Image

Here is a sign of things to come.
You think I held...nope. Was short e/j full positions from 83 and again at 80 after push back up.
It dropped 90 pips shortly there after.

Hmmmmmmmmm

Image

Have a good weekend.

Default start Bal. 47.00 - Target 460.10

Day#/Date/pips/P-L/Balance/lot size

1-4 +52 $8.00 Bal. 55.00 (2)
2-5 +32 $6.70 $60.96 (3)
3-6 +50 $9.00 $69.96 (3)
4-7 +32 $6.38 $76.34 (3)
5-8 +18 $5.49 $81.83 (3)
6-11 +41 $7.30 $89.13 (3)
7-12 +22 $9.19 $98.32 (4)
8-13 +18 $7.04 $105.36 (4)
9-14 +19 $7.20 $112.56 (4+)
10-15 +22 $8.80 $121.36 (4)
11-18 +22 $10.88 $132.24 (5)
12-19 +21 $10.60 $142.84 (5)
13-20 +16 $8.12 $150.96 (5)
14-21 +22 $13.72 $164.68 (6)
15-22 +19 $11.42 $176.10 (6)
16-25 +22 $14.42 $190.52 (6&7)
17-26 +45 $30.43 $220.95 (7+)
18-27 +6 $4.06 $225.01 (7+)
19-28 +14 $9.02 $234.03 (7)
20-29 +22 $17.10 $251.13 [8]
21-1 +16 $13.17 $264.30 [8]
22-2 +15 $13.59 $277.89 (9)
23-3 -24 $-21.22 $256.67 (9)
24-4 +18 $16.25 $272.92 (9)
25-5 +26 $23.21 $296.13 (9)
26-8 +18 $18.48 $314.16 (10)
27-9 +25 $25.59 $339.75 (10+)
28-10 +19 $21.70 $361.45 (11)
29-11 +20 $23.98 $385.32 (12)
30-12 +44 $53.45 $438.77 (13)


Just a friendly idea...take all the time factors out of your "space balls".
When you miss a deadline you will have brain cells explode in your skull
and there is no telling what will happen after that.

I suggest letting it happen naturally...no per day talk.
When I make x pips(percent) I go to the next phase.
Trade Your Way as Long as It Makes Money!

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jan 02, 2015 8:58 pm

Forex tester 2 takes out the time factor and trading becomes very easy.

The market moves so damn slow it gives huge amounts of time to *censored - swear word* things up.

Oh. And real $$ doesn't help matters.

Not that money is actually real but at least it buys s**t.
#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 » Fri Jan 02, 2015 10:23 pm

M.O. wrote sometime in history:

A solid plan of attack contains an exit strategy that makes sense when you look at the risk vs reward ratio or a strong technical reason that you are wrong (not the small jiggle of orders being filled).

You cannot protect open profit and expect to make a lot of money; either take a profit or take a loss.

You have to understand that you will be alright if you lose, but you will not be alright if you do not let yourself win.

Success is a waiting game:

WAIT, take a trade, WAIT, reduce risk, WAIT, exit.

From the time you enter to the time you exit manually should not be less than 20 minutes.

If you are not in most of your trades for longer than 20 minutes then you are just trading scared and fear does not make money.
................................................................
Play safe with your money

Gamble when in significant profit.

You could increase your account by 20% in less than 1 week and then risk upwards of 20% (100 pips) on the 4 hour chart.

While 15% risk is insane so is 20%+ profit per trade

Just remember that you are risking 2% until you are up by x% and then are risking most of x% to drown in profit.

I only deposit up to 30% of what I have to risk so my heart is never coming out of my chest on any trade.
#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 » Fri Jan 02, 2015 11:54 pm

It is INCOMPREHENSIBLE to the human mind.

Using Other Peoples Money (bank loans/brokers leverage/dipshit traders lost $ deposited into the RISK side of my ledger)
to make a 60% increase in ones account in three trades.

What?!?

I can lose 10 in a row, 10%
I can lose 20 in a ROW, 20%
And as soon as I win 3 in a row it's a 60% increase in acct BASE.

What the problem is???????? Holy *censored - swear word*. This is Insanity.
If 3:1 is a problem.
Friggin take 3 trades making 2:1. Hell, who is gonna kick A 26% increase OUT OF BED??!??

MIghtyOne wrote something like this.........

How a trader cannot easily make at least 1% a day? I just don't understand it!!!!!!

That poor guy has been banging his head trying to get some of us to SEE for years.
Man.
#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 aliassmith » Sat Jan 03, 2015 4:00 pm

Looks like you have it all figured out!

So what is the problem?
Trade Your Way as Long as It Makes Money!

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