ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jul 17, 2015 10:57 pm

MightyOne wrote:
I love watching and analyzing charts.
I love trading.
I just don't like NOT making $$.

That sucks.


If you know where you are going...

Direction:
"Body in the direction of profit, wick in the direction of loss, if I know 'something' different then I'll do something different"

Position Sizing:
Space Wars: $0.10 (1 to 3 charts at once)
Daily Chart: $0.30 (3 to 5 charts at once)

Money Management:
Space Wars: 'Space Manipulation'
Daily Chart: 'shedding'

List of goals:

What follows is not important, what is important is that you set a macro goal
and then break it down into achievable pieces.

Set high goals and then build the steps to reach them:

Space Wars:
Macro Goal: +0
Mini Goals: +39%
"I am trading large charts, using small charts, to a %target"
Micro Goals: accumulation:
"I need to focus on increasing my position size, end of story"

Daily Chart:
Macro Goal:
"I am trading the daily chart so I need my monthly income in 200 pips"
"I need $4500 so that means that I need to trade at $22.50/pip"
Mini Goal:
"$22.50 spread over 5 charts is $4.50/pip"
Account Size: $9000
Approximate Risk: 5% per chart
Micro Goal:
"I can't afford that right now so I am going to trade at $0.45/pip and target $450/month"
"In 18 months I should have $8100 + my starting balance of $900"
"I just need +20 macro pips on 5 charts in one months time"



@work now
This weekend I will give some thought to this.
I can tell now being im unable to watch small charts for extended periods Im leaning toward dailys.

Thing I dont like about this is Im trading for pips.
AT LEAST ITS MACRO PIPS.
Those are much easier to get.
#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 forexjpn » Fri Jul 17, 2015 11:23 pm

prochargedmopar wrote:
_20150717_133035.JPG


Dave Asprey is definitely one of my favorite guys to listen to right now..... Next to impossible to get unpasteurized dairy in Japan tho so try to make do with ghee.

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat Jul 18, 2015 12:30 am

20 mps 5x a month.
Hmmmmm

Ive got 4 weekly candles to scalp 20 mps.
Hmmmmmm

Ive got 20 daily candles for entries to make 20 mps.
Hmmmmmmmm
#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 Jul 18, 2015 12:36 am

MightyOne wrote:
prochargedmopar wrote:
_20150717_133035.JPG


Last night I had some pork riblets (these things looked like 80% fat :shock:)

I sprinkled some seasoning salt and black pepper on them and then tossed'em on the grill.

Each riblet cost $0.53 for a grand total of $2.65 :lol:

80% carb lifestyle costs ~$35/day
80% fat lifestyle costs <$14/day

I have yet to try the bulletproof coffee...


Dude.
You definitely stepped up your game on nutrition/health.
Next level visual s**t...............
And most people say eating "natural" is too expensive.
Paying for illness is whats expensive.
#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 Jul 18, 2015 12:45 am

Goonslinger wrote:
prochargedmopar wrote:If you read my posts or look @ my charts......

I command you.
Listen to this from
1:28 min mark
To
8:00min.

If all you get is a toe wiggle or take a DEEP breath it will have been well worth your time.
(House mix 1, NOT 2)

https://www.spreaker.com/user/weightlif ... ix-house-1


< this gets your toes wiggling too :D


That gets my finger tapping and head bobbing.

Not sure how motivated Id be to lift weights. :P
#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 aliassmith » Sat Jul 18, 2015 12:50 am

prochargedmopar wrote:I know this.
I must look for these.

lookingfor.png


#1 trend
#2 Never add to a loser

Simple


Trend and don't add to losers is a good strategy. I was
Teaching a guy about trading and had him try a few different
Things over a year. After a year I asked him when he was
Most successful and he said trading with high timeframe
Trend and not adding to losers. That is what worked for
Him.
Trade Your Way as Long as It Makes Money!

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat Jul 18, 2015 5:06 am

RH-TTE.png
RH-TTE.png (232.65 KiB) Viewed 130 times


2015-07-18_0006.png
2015-07-18_0006.png (6.04 KiB) Viewed 130 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

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Re: ProchargedMopar's Trading Trilogy

Postby forexjpn » Sat Jul 18, 2015 5:14 am

prochargedmopar wrote:My acct will never grow to support me @ this rate ($150 a day)


Forgive me Pro if you already know this...... But if you're using space, your above statement doesn't make sense.
If you're consistently making $150/day......, you are very much well on your way to supporting yourself.
I'm talking more in the way of the old E=L+R
For example....... Even in the simplest and most conservative way (my style)......you would be up to $450/day in only 2 cycles of doubling your space. That's $9000/month which is nothing to sneeze at.

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat Jul 18, 2015 5:18 am

forexjpn wrote:
prochargedmopar wrote:
_20150717_133035.JPG


Dave Asprey is definitely one of my favorite guys to listen to right now..... Next to impossible to get unpasteurized dairy in Japan tho so try to make do with ghee.


You don't really need dairy.
What other animals on this planet drink "dairy" after they are weened from the tit??? NONE.

Ordinary butter does the job just fine.
Latest scientific studies of the make-up of grass fed or standard shows no noticeable difference.

Coconut oil and avocados do just fine. throw in some fish oil...OR fish, and all is well.

Watch out for Mr. Dave, Some of his stuff is quackery-ish.
#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 forexjpn » Sat Jul 18, 2015 5:31 am

forexjpn wrote:
prochargedmopar wrote:My acct will never grow to support me @ this rate ($150 a day)


Forgive me Pro if you already know this...... But if you're using space, your above statement doesn't make sense.
If you're consistently making $150/day......, you are very much well on your way to supporting yourself.
I'm talking more in the way of the old E=L+R
For example....... Even in the simplest and most conservative way (my style)......you would be up to $450/day in only 2 cycles of doubling your space. That's $9000/month which is nothing to sneeze at.


When I say old E= L+R..... I mean I'm not talking about increasing lot size on pullbacks and adding 0's etc..... To be honest that sh@t scares me......cuz I'm a bit of p*ssy....
What I do is ULTRA-conservative...... I give myself more than enough space and then some. Then I go making some pips.
When the pips I make equals my space, I double up. Yeah, it's slow, but it's keeps my head clear and rid of fear which is most important for me. Keep in mind though that 'slow' is still a million times faster than what I would be doing if I wasn't using space...... even starting with .01 lots you will be at 5+lots in only 9cycles......

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