ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sun Jun 14, 2015 1:18 am

Captain Pugwash wrote:
trueblueTEX wrote:
00 is your Position (ie "mental stop loss") correct?



Ahoy Blue

I would say your 00 Position is a hard stop shipmate - for you would have killed all your space if that line is blown through.

You must NEVER allow more than 40% of your space to be killed on any one trade (preferably much less)

I would put my "mental" stop behind some convenient D+ S/D S/R whatever

This is to prevent you getting wicked out (only a close on a H4 candle crossing your mental stop would require action)

Protect your space - and it will reward you :)



I disagree with this post.
For me,
If this were true we are then back to trading for pips AND trying to protect some or all of our held profit.
Much too tedious.
And trading for pips is stressful.

What ever you are risking (from 00), You are risking.
PERIOD.

Whats 2% of my $ when I have potential to make 50-80-100%?
ALSO.
PRICE SHOULD NEVER TOUCH 00. IF IT DOES. YOU MUST RESTART FROM A NEW EXTREME CUZ THAT ONE AINT IT.

LOL
#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 Jun 14, 2015 6:26 am

Sat next to my wife's grandpa for a few hrs. who is on his last leg, being given morphe, and a few days.

Went to eat a lovely steak salad dinner with the wife.

Came home to a gift from our cat.
He must have wanted rabbit butt stew. lol

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Last edited by prochargedmopar on Sun Jun 14, 2015 6:28 am, 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 prochargedmopar » Sun Jun 14, 2015 6:28 am

Hey, hold up, I just threw away my lucky rabbits foot. :oops:
#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 » Sun Jun 14, 2015 6:43 am

MightyOne wrote:
What does it take to make money?

a) good stop placement
b) large lot size
c) rabbit foot
#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 TygerKrane » Sun Jun 14, 2015 7:25 pm

Goonslinger wrote:
prochargedmopar wrote:46 years old.

Let’s assume that you think you have a choice of eight paths to follow (all pre-defined paths, of course). And let’s assume that you can’t see any real purpose in any of the eight. THEN — and here is the essence of all I’ve said — you MUST FIND A NINTH PATH.

Naturally, it isn’t as easy as it sounds. You’ve lived a relatively narrow life, a vertical rather than a horizontal existence. So it isn’t any too difficult to understand why you seem to feel the way you do.

But a man who procrastinates in his CHOOSING will inevitably have his choice made for him by circumstance.


Pro, where is that quote from?

Ayn Rand — 'We can ignore reality, but we cannot ignore the consequences of ignoring reality.'

I prefer to say it tho as,
"You can ignore the consequences, but you can't ignore the consequences of ignoring the consequences.'

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sun Jun 14, 2015 10:10 pm

With 1800 units my space was only 62.
Closing here and will re-enter on h4 or smaller chart setup.

Also looking at a couple other pairs for opportunities to buy.

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Reminder:

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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 » Sun Jun 14, 2015 10:30 pm

2% risk is 11.18
+5.65 accumulation

With a position from .6890 and an entry @ 6955
I must use 28.8 cent lot size.

So here is the order.
#1 priority is lot size increase while being positioned from an extreme.
Lets go.

If my pos. Is from .6890 maybe I should just top up here???? Hmmm

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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 Jun 14, 2015 11:19 pm

Ok.
Did this instead.

Entered partial here and will enter 1700 more down there.
Positioned from .6890

Lets see if we get conformity or lose 2%.
My focus is on the task of increasing lots from an extreme, Not the outcome.

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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 Jun 14, 2015 11:25 pm

My My,
Look what happened on AJ while I was napping.
bounce off a predetermined level. Nice.

Easy20Scalp.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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sun Jun 14, 2015 11:27 pm

prochargedmopar wrote:M.O.
Is this B.S.?

http://www.tradingeducators.com/#

And in this MM ebook he says he reveals an options secret.
You (M.O.) seem to have mastered options.

This bogus?
Your thoughts please.

http://www.tradingeducators.com/ebook/moneymaster/


Bump
#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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