ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon May 18, 2015 3:35 am

Had an Idea fri.
Order was not filled Sun.
Close. But no cigar.

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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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Re: ProchargedMopar's Trading Trilogy

Postby aliassmith » Mon May 18, 2015 12:41 pm

MightyOne wrote:
you made about 5%, take the opm into next week
there is more time than one week to trade.

25 cent pips
50 cent pips
$1.00 pips
$2.00 pips gain 39% and start over


as long as you are not suggesting increasing your lot size while keeping your stops small...

when your lot size is small you can be extremely aggressive, but as your size increases there is an ever increasing need to sober up :lol:

PRO brought up the 'macro pip', something that I haven't thought about in quite some time.

You simply reduce your trade size by 90%, multiply your triggers by 10, and then trade a large chart as if you were scalping; a 93 pip gain = +9.3 'macro pips'.
The benefit to trading this way is that you can often have stops equal to 3 or 4 pips & get better R/R ratios. but the downside is a significant loss of time.

You might have 35 risk space and then risk 5 macro pips (50 pips) on trade. If you lose you are down to 30 space & if you win you are up to 40-45 pips.
Now I know you are thinking "why bother, why not just trade the BuyZone"...
1. you have fewer pips at risk: 3-5 instead of 7-10
2. the probability of winning is higher because it is a long term chart
3. you are unlikely to get smacked by a wickdoll; even if there were a 30 pip spike it would be as '3 pips' to you.
4. 8 'macro' pips = 8 'micro pips'; you can trade the BuyZone with your profit without fear of getting whipsawed.


im not sure what you are considering small stops
but im thinking 40+ pips.
Trade Your Way as Long as It Makes Money!

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon May 18, 2015 3:22 pm

What the crap?

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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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon May 18, 2015 5:24 pm

I'll buy N/U on a WOW entry H4

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#1BODY in direction of profit #2INCREASE lot size Obsessively
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon May 18, 2015 5:28 pm

Some times I am forced to buy the MA.
But look at this little *censored - swear word*.
Spiked through tp and didnt trigger.

I AM NOT GOING TO SIT AND STARE @ CHARTS ALL DAY JUST TO ENTER OR EXIT.

F THAT.

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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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon May 18, 2015 8:06 pm

Took eu trade long off 00 for quick 10.
Still holding AJ. Will buy more.

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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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Re: ProchargedMopar's Trading Trilogy

Postby aliassmith » Mon May 18, 2015 9:01 pm

prochargedmopar wrote:Some times I am forced to buy the MA.
But look at this little *censored - swear word*.
Spiked through tp and didnt trigger.

I AM NOT GOING TO SIT AND STARE @ CHARTS ALL DAY JUST TO ENTER OR EXIT.

F THAT.

Screenshot_2015-05-18-12-26-04.png


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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue May 19, 2015 1:59 am

Looks Scary.

;-)

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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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue May 19, 2015 2:48 am

Not looking so scary now...
2nd entry with larger lots tp hit.
First entry almost back to profit.

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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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue May 19, 2015 3:04 am

Say hello to the RBZ rate statement. LOL

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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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