ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Jun 10, 2015 3:35 pm

Had a 12 pip scalp get filled and hit tp while sleeping.
Order was placed on wrong acct.
Oops.

_20150610_103343.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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Jun 10, 2015 3:44 pm

TheRumpledOne wrote:
audusdh1.png


Whipsawed?

One must exit when the market says it is time to exit.

Remember, Pro, just because you can't do it, doesn't mean it can't be done.

SimpleTrading.JPG


Yeah.
Doesnt matter if it goes 50-100 pips sometimes because your not getting them.

It's all the times it only goes 5 and you grab 3 or NONE and then get stopped out on other triggers, that's what matters. (profitability)

Show me a robot (EA) with tp and sl parameters that is profitable using your STATISTICS and I'll drop it on my chart and let er run.

Hell. Just give me parameters that are profitable and I'll figure out how to make the robot.
#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 10, 2015 4:20 pm

TRO

Something has got to tell you when you've arrived.

And
"grab what you can, give none back"
is NOT an arrival signal. And is also not a definative market answer.

"When the market tells you" tro

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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 MightyOne » Wed Jun 10, 2015 4:29 pm

Goonslinger wrote:
MightyOne wrote:USDCAD finally worked...

usdcaddaily.png




MO,

Do the x's represent 4 ideas in which you managed to make xx+% gains?


A black 'x' represents the stop loss or where a stop would be re-positioned after accumulation.

A red 'x' is always over the candle in which profit was taken, but if that candle has a horizontal line
attached to it then that means that no less than the extreme price was taken as profit.
Last edited by MightyOne on Wed Jun 10, 2015 5:00 pm, edited 1 time in total.

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Jun 10, 2015 4:46 pm

From here on out I'm implementing a 40-60 philosophy while scalping off 20 levels.
This will prevent last nights 20-20-20 extravaganza.

If it can't get there......then my tp WILL be hit.

If price is not closing lower, it's probably not going lower. M.O.

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Last edited by prochargedmopar on Wed Jun 10, 2015 5:45 pm, edited 1 time in total.
#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 » Wed Jun 10, 2015 4:57 pm

Your lot size goes up unless you absolutely need the space.

As your lots go up, within a cycle, you focus on cutting the space behind lower tf pivots or extremes.

You get out & then you re-position your stop back at a large chart 'x'

You keep accumulating until the large chart moves to a %gain.

NZDUSDDaily.png
NZDUSDDaily.png (15.11 KiB) Viewed 183 times


Focus on increasing lots and resting those lots at an 'x' & when price
decides to move then you will be payed handsomely.

You can break your initial order into 2 or 3 parts but you should never add lots, beyond min. size, when price is moving against you.

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Jun 10, 2015 5:07 pm

40-60 rule explanation:
"losses" will be RARE.


40-60explained.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 10, 2015 5:10 pm

MightyOne wrote:Your lot size goes up unless you absolutely need the space.

As your lots go up, within a cycle, you focus on cutting the space behind lower tf pivots or extremes.

You get out & then you re-position your stop back at a large chart 'x'

You keep accumulating until the large chart moves to a %gain.

NZDUSDDaily.png


Focus on increasing lots and resting those lots at an 'x' & when price
decides to move then you will be payed handsomely.

You can break your initial order into 2 or 3 parts but you should never add lots, beyond min. size, when price is moving against you.


yeah,
I f'd up the NU accumulation phase.......though I still have $20+ extra space for the next swing lower to use with my $11 2% risk.
#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 » Wed Jun 10, 2015 5:13 pm

yeah,
I f'd up the NU accumulation phase.......though I still have $20+ extra space for the next swing lower to use with my $11 2% risk.


I am proud of you for trying...
if that means anything :lol:

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Jun 10, 2015 5:19 pm

Pro's 40-60 trade management in action.

40-60_in_action.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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