ProchargedMopar's Trading Trilogy

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5985
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 420
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 26, 2015 1:50 am

aliassmith wrote:
MightyOne wrote:
Trading my time/life for $$ is the worst way to earn.
I do it daily. :-(


Life is so much easier when you are single, you can sell everything you own except a laptop & a backpack and then receive government assistance while you trade your way to riches on stolen wifi :lol:

If you really want to get out then you need to:
1) bump your account to 12% of your gross income
2) start with 1 or 2 micro lots on all of your trades
(later you will be risking 10 cents per pip per $10,000)
(use 2 micro if 1 pip is less than 10 cents)
3) small targets of 26 to 39%
(it takes a lot more time to compound if you aim higher)
(after you have made 13% you can trade as if you were targeting 13-26%;
you can reduce your size a little and set aside space)
4) take a check for 88% of your account after you make a zero


ok I'll bite. What's the significance of 12% of gross
income?



My gross or the cumulative of mine and my wifes'?
#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

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5985
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 420
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 26, 2015 2:31 am

Here are the pairs I'm watching
Dropped $/mex and replaced with sing.

Screenshot_2015-06-25-21-30-08.png
Screenshot_2015-06-25-21-30-08.png (209.39 KiB) Viewed 138 times
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5985
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 420
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 26, 2015 2:45 am

I draw ONE cone and now Im wanting a spike outside so I can SCALP AJ on an H4 chart.

What Tha?

Screenshot_2015-06-25-21-43-30.png
Screenshot_2015-06-25-21-43-30.png (127.95 KiB) Viewed 135 times
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5985
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 420
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 26, 2015 4:56 am

Have done very little scalping this week or last.

Here is one.

Screenshot_2015-06-25-23-55-04.png
Screenshot_2015-06-25-23-55-04.png (105.69 KiB) Viewed 144 times
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5985
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 420
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 26, 2015 6:21 am

why does this stuff look so much better and clear on the home pc?

ajlevel.png
ajlevel.png (63.35 KiB) Viewed 139 times
#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

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

salezyakuku
rank: 150+ posts
rank: 150+ posts
Posts: 158
Joined: Thu Mar 19, 2015 9:45 pm
Reputation: 68
Location: PL
Gender: Male

Re: ProchargedMopar's Trading Trilogy

Postby salezyakuku » Fri Jun 26, 2015 7:21 am

prochargedmopar wrote:why does this stuff look so much better and clear on the home pc?

ajlevel.png


PRO, you can setup VPS on home PC and access from mobile. Or buy some VPS hosting for traders.
Search on YouTube.
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5985
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 420
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 26, 2015 7:24 am

Just a matter of waiting for a level. React it will.

Screenshot_2015-06-26-02-21-12.png
Screenshot_2015-06-26-02-21-12.png (160.77 KiB) Viewed 222 times
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5985
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 420
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 26, 2015 7:37 am

salezyakuku wrote:
prochargedmopar wrote:why does this stuff look so much better and clear on the home pc?

ajlevel.png


PRO, you can setup VPS on home PC and access from mobile. Or buy some VPS hosting for traders.
Search on YouTube.



I'm using Teamviewer, and it does pretty good.
Takes an extra 10sec to hook up instead of going straight to trading software.
Not sure how the vps thing works for your phone.
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5985
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 420
Location: Granbury, TX
Gender: Male
Contact:

Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jun 26, 2015 7:39 am

How it looks
_20150626_023923.JPG
_20150626_023923.JPG (119.9 KiB) Viewed 217 times
#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

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6017
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1658
Gender: Male

Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Fri Jun 26, 2015 7:52 am

I guess the question is how many targets you can average per month.

$/targets to replace a $50,000/yr job:

$600 / 2.5

$6000 / 1.25

$9500 / 1

Our goal would be to reach $60,000 in 8 months (4 months breathing room).

Somewhere between 12-19% of your gross income is enough to replace it.

If you were trading for pips then you would need about $200,000 :shock:

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”