ProchargedMopar's Trading Trilogy

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aliassmith
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Re: ProchargedMopar's Trading Trilogy

Postby aliassmith » Fri Aug 07, 2015 3:53 pm

MightyOne wrote:
In other words,
Your money is your money,
Their money is your money,
The brokers leverage money is your money,

My money is your money.
:shock:


If it is not your money then why are you trying to take it? :lol:


If you don't mind I'll be holding onto your money a bit
longer then. :mrgreen:
Trade Your Way as Long as It Makes Money!

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Aug 07, 2015 6:04 pm

Alias,
Thats funny.

My todo list getting done.

_20150807_125925.JPG
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New dry erase board for explanations of horizontal line trades, errrrr Daily scalps using MP's.
;-)

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Freshly painted front porch bench to ponder space.....Balls

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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 » Fri Aug 07, 2015 6:20 pm

Just closed NU buy.
5.7 macros.

Daily "scalping" seems easy.

Hell, it is easy. Now for larger lots dammit.

Screenshot_2015-08-07-13-18-26.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

aliassmith
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Re: ProchargedMopar's Trading Trilogy

Postby aliassmith » Fri Aug 07, 2015 7:04 pm

prochargedmopar wrote:Just closed NU buy.
5.7 macros.

Daily "scalping" seems easy.

Hell, it is easy. Now for larger lots dammit.

Screenshot_2015-08-07-13-18-26.png


Now you know how to collect space, you should be able
gear your risk to hit your %goal and begin again. I think 4%
risk over 10 macros would be high enough to get you to
a good target.

Also your honey do list is long. :shock:
Trade Your Way as Long as It Makes Money!

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MightyOne
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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Fri Aug 07, 2015 7:18 pm

Just closed NU buy.
5.7 macros.

Daily "scalping" seems easy.

Hell, it is easy. Now for larger lots dammit.


I tell people that all the time but everyone wants to
be a day trader.

The greatest benefit is that all of these 40 to 70+ pip price spikes that we
have been seeing are only 4 and 7 macros respectively; no matter how violent
price gets you are going to shake it off.

If you think that you are ready then bump it up to $0.20/pip ($2/macro) & trade two pairs.

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MightyOne
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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Fri Aug 07, 2015 7:21 pm

aliassmith wrote: Now you know how to collect space, you should be able
gear your risk to hit your %goal and begin again. I think 4%
risk over 10 macros would be high enough to get you to
a good target.

Also your honey do list is long. :shock:


Funny, I was just posting the same thing...

$0.20 * 100 = $20
$20 / $480 = ~4%

aliassmith
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Re: ProchargedMopar's Trading Trilogy

Postby aliassmith » Fri Aug 07, 2015 8:34 pm

MightyOne wrote:
aliassmith wrote: Now you know how to collect space, you should be able
gear your risk to hit your %goal and begin again. I think 4%
risk over 10 macros would be high enough to get you to
a good target.

Also your honey do list is long. :shock:


Funny, I was just posting the same thing...

$0.20 * 100 = $20
$20 / $480 = ~4%


Its something I've learned from experimentation. 4% for
daily charts was comfortable after some space was created
and no more than half my available leverage used.

I've tried max leverage and higher % risk but not a good
fit for me.

Anyway 4% puts 20+ % in reach.

For the +0 hunters out there..........
19.4% @ 13 cycles
21.25% @ 12 cycles
23.3% @ 11 cycles
26% @ 10 cycles
29.25% @ 9 cycles

%targets in this range are "easier" to hit, help retain gains
and put high yearly gains into perspective.
Trade Your Way as Long as It Makes Money!

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat Aug 08, 2015 4:46 am

My post on FB this morning,

OutWindowOfDen.png
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My wife's morning post. LOL

MyWifesPost.png
MyWifesPost.png (232.3 KiB) Viewed 367 times


Yeah, I've got a few junk cars around waiting for repair/restore.

Lets see,

98 audi A4
71 Plymouth Road runner (had supercharger on it)
73 Dodge dart swinger (my dream road racing car)
72 Plymouth satellite (grocery getter)
73 Ford Ranger F100 (I drove this in High school. On it's 4th engine...hey, can't sell it. Motor only has 20k miles on it.) LOL
90 XJ6 Jaguar....this one's gotta go.
#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 Aug 09, 2015 3:09 pm

There is nothing to lose
Yet everything to gain.
#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 » Mon Aug 10, 2015 12:07 pm

First target is not a %.
It's a new
Dodge Challenger.

Bout $37k +tax on gains.
#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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