ProchargedMopar's Trading Trilogy

[aliassmith]

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.

[MightyOne]

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.

[MightyOne]

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.

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

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

[aliassmith]

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.

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.

[prochargedmopar]

My post on FB this morning,

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My wife's morning post. LOL

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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.

[prochargedmopar]

There is nothing to lose
Yet everything to gain.

[prochargedmopar]

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

Bout $37k +tax on gains.

[MightyOne]

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

Bout $37k +tax on gains.

Waypoints based on +21.16%:
[$444] $0.10/pip
$538
$652
$790
$957
$1160
$1405 $0.20/pip
$1702
$2062
$2499
$3027
$3668
[$4444] $0.30/pip
$5385
$6524
$7904
$9577
$11603
$14058 $0.40/pip
$17033
$20637
$25004
$30295
$36705
[$44444] $0.50/pip

PS: simply find where you are on the list and then reset your space at each higher total.

[prochargedmopar]

This weeks trades so far.

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[prochargedmopar]

Hmmmm
Wifes contractions are 2.5min apart which gives me about 1min to make a post.

Lagging indicators. LOL

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