ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Jun 03, 2015 3:25 am

Classic MO

There is no "early" or "late", there is only Position at an extreme; if you get a price close to the extreme then you get more lots and if you get a price further away then you get fewer lots.
Don't think of your trades as an immediate success or failure but as a problem of too little or too much space.

Bodies close in the direction of profit & wicks point to the path of loss.
Is price closing higher or lower than something?
If you KNOW differently then DO differently :D

You may have this idea or that idea but always consider that price DOES MOVE a hundred or hundreds of pips and the number of times you can fidget with your lots before the continuation of the long term move.

The secret is not in predicting the future but in increasing the size of your wins (lot size not dist.) and using the same block of risk for multiple trades.

Some golden rules:

DO NOT move your stop esp to break even.

If you feel that you need to raise your stop then it is time to take partial profits or liquidate.
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 » Wed Jun 03, 2015 3:37 am

Your position is in the same spot no matter where you enter.

If they want your money then they are going to have to move price to the longer term extreme.
Should you decide to move your <---position---> to the daily minus extreme then YOUR STOPS SHOULD THROW YOUR <---position---> back outside of the daily plus area.

Picture a daily chart trending upwards and yourself trailing a stop below the lows. Now picture that, instead of a stop, your position size is growing as price rises. Next imagine that you made use of partial stop loss orders that shed just enough lots to throw your <---Position---> to the weekly+ extreme...

that is how it is done.
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 » Wed Jun 03, 2015 12:52 pm

I took an accumulation scalp long AJ tp hit.
Had limit order set to buy NU which triggered while sleeping.
167 total space available.

Not a good decision as daily is down coming off the MA's.
H4 gave a failed BO and BI to go short.

Screenshot_2015-06-03-07-47-15.png
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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 » Wed Jun 03, 2015 1:04 pm

_20150603_080918.JPG
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Close below Yes
Close below something else. No.
I will reduce my space if/when h4 conforms @lower something.
#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 » Wed Jun 03, 2015 1:24 pm

A high and failed breakout followed by lower high and failed breakout.

Possible entries in order of aggression from highest to lowest.
#1 being a big stones entry @00. :-)

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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 » Wed Jun 03, 2015 1:50 pm

Could be possible low and a failure to go lower.
Need 2-4 more candles to find out.

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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 » Wed Jun 03, 2015 2:15 pm

Too much profit to quickly.
Closed.
Now have just over 200 space accumulated.

Found out that duck I shot 2 days ago wasn't dead. Had to shoot him again.

Ok. One duck. And he is not wiggling.

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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 » Wed Jun 03, 2015 2:42 pm

_20150603_094226.JPG
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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 » Wed Jun 03, 2015 2:50 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 » Wed Jun 03, 2015 6:06 pm

With 200 space its game on.
+100% or -2℅

According to The M.O. having 0 space from this point is not an option as long as my space is used properly.

Screenshot_2015-06-03-12-51-35.png
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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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