ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat May 30, 2015 4:12 pm

Might have?
There was never a failed breakout to short until the 123 yearly high.

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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 » Sat May 30, 2015 4:18 pm

Taking action, or not doing so preferably, upon this ONE concept.....(is concept a philosophy?) will drastically reduce my failed attempts to guess when price is turning off a NEW extreme.

If any action is taken it must be that of reducing the size of my risk box.
You know how that affects my reward multiples.
#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 » Sat May 30, 2015 4:27 pm

"I will trade in anticipation of a second failure on a small chart.

When the candle finally does close lower I call it 'conformity'; 'confirmation' is waiting for something to happen, 'conformity' is doing something first and expecting things to follow suit.

Don't get carried away though, "
MightyOne
#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 » Sat May 30, 2015 4:32 pm

This is what I do in the A.M. on my 7th wedding anniversary trip to Florida.

Read my trading bible.

Heading back to our honeymoon spot with little baby In-Tow. (mammas belly)

:mrgreen:
#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 » Sat May 30, 2015 4:43 pm

More philosophy mixed with technicals while adding a dash of money management aka. Space OR BLOWING s**t UP.

"Trading is placing stops, accumulating lots, & normalizing risk; forget about pips and just focus on those three things.

Liquidate when you hit your %gain...anywhere from 39 to 58.5% is a good target to reset your space (+0 in 5-7 ideas).

Capture space every 3 steps: enter 2, +2, +2, exit or 2, +1, +3, exit.

Sidestep any 'obvious' retrace.

Again, pips have nothing to do with you; they do their own thing :lol:

Your job is simply to make sure that you get paid when price decides to make a large move."
MIGHTYONE
#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 » Sat May 30, 2015 4:51 pm

I'll start my day by stepping out of bed on this note.

BOOM

"Having traded monthly/quarterly/yearly extremes, I recommend that your largest period does not exceed 2 weeks :lol:

The thread is called 'the Ideas that trade by' and not 'the rules that I live by' because profit is found in a thinking mind.

If you come to this thread with pen and paper in hand then you will fail to find the beauty that exists within yourself."
MIGHTYONE
#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 » Sat May 30, 2015 8:04 pm

Breakfast @3pm

Steak salad, candied bacon, and deviled eggs.
Mmmmmmmmmm

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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 » Sun May 31, 2015 3:35 pm

#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 » Sun May 31, 2015 7:26 pm

Mediterranean appetizers.
Not sure what any of it was made of.
All tasted good to me.

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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 » Mon Jun 01, 2015 12:17 am

#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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