ProchargedMopar's Trading Trilogy

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MightyOne
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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Fri Aug 14, 2015 5:01 pm

prochargedmopar wrote:I scratched the EN trade @even.



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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Aug 14, 2015 5:28 pm

Now,
When I get a body in direction out of one of these area's,
I'll be back in the game.

bodyindirection.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 » Fri Aug 14, 2015 5:33 pm

MightyOne wrote:
prochargedmopar wrote:I scratched the EN trade @even.



EURNZDDaily.png


Chasing price I see.

What ever makes me money I'm willing to do.

Daily's seem to be good to me EVEN when I do something TOTALLY stupid.
LOL

:mrgreen:

P.S.
It might have something to do with the MP SL and 2 day extreme view from above.
#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 » Fri Aug 14, 2015 6:33 pm

http://tfl365.com/blog/index.php/2015/0 ... m-scratch/

Third,
pick 5-10 financial instruments.

Use only the 60m or the 240m charts. This will give you swing trades. You will get 1-5 trades per week. Not per day. Your trades will last for about 72 hours, or less.

Some people like to day trade. That's short term trading. Lots of trades each day. I think if you want to do that, you are better off just putting your wallet or purse in the middle of the street, then putting a nuclear bomb on top of it, and then blowing yourself and your money to the high heavens.

I have met two people in my life who are great short-term traders. Out of five thousand (or more) traders I've met. Matt and Kim. That's it. I'll write a separate post about them another time.

4) Fourth, I would obey the Three Trading Rules. They are:

i) Rule 1: Don't take a big loss. "
#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 MightyOne » Fri Aug 14, 2015 6:42 pm

prochargedmopar wrote:http://tfl365.com/blog/index.php/2015/08/14/how-to-re-start-your-trading-career-from-scratch/

Third,
pick 5-10 financial instruments.

Use only the 60m or the 240m charts. This will give you swing trades. You will get 1-5 trades per week. Not per day. Your trades will last for about 72 hours, or less.

Some people like to day trade. That's short term trading. Lots of trades each day. I think if you want to do that, you are better off just putting your wallet or purse in the middle of the street, then putting a nuclear bomb on top of it, and then blowing yourself and your money to the high heavens.

I have met two people in my life who are great short-term traders. Out of five thousand (or more) traders I've met. Matt and Kim. That's it. I'll write a separate post about them another time.

4) Fourth, I would obey the Three Trading Rules. They are:

i) Rule 1: Don't take a big loss. "


+1

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Re: ProchargedMopar's Trading Trilogy

Postby dchappy » Fri Aug 14, 2015 11:34 pm

I don't understand why many are against scalping / day trading .I know quite a few scalpers and they do very well . Larry Williams once said " ...a position trader is just a scalper who holds a loss overnight ". Like Alias says ." trade your own way as long as it makes money ," :wink:

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Aug 14, 2015 11:59 pm

dchappy wrote:I don't understand why many are against scalping / day trading .I know quite a few scalpers and they do very well . Larry Williams once said " ...a position trader is just a scalper who holds a loss overnight ". Like Alias says ." trade your own way as long as it makes money ," :wink:


+1

Those who are against day trading, Cant do it.
Those who are against swing trading, Cant do it.

Some of us wish we could do ANY of it.

#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 Aug 15, 2015 12:28 am

dchappy wrote:I don't understand why many are against scalping / day trading .I know quite a few scalpers and they do very well . Larry Williams once said " ...a position trader is just a scalper who holds a loss overnight ". Like Alias says ." trade your own way as long as it makes money ," :wink:


Its like being a football player. There are pro quarterbacks,
runningbacks, recievers, ect. But they are successful playing
the same game. People can play different "positions" in the
trading game and be successful. It basically depends on what
works for you and many people will never find what works
for them, just like all athletes won't be pro.

Like PRO said, they are against things because they can't
do it. In the same line of people that must see a trade log
because they can't do it.
Trade Your Way as Long as It Makes Money!

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Aug 25, 2015 8:16 pm

AJ smoked 1/2 my scalper acct. Well,
Actually I smoked it.

On the comeback.

Screenshot_2015-08-24-09-29-17.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 » Wed Aug 26, 2015 9:21 pm

I love everyone here too. Like family from the ether. :-)

Last week I flew to Greenbay WI for a training class.
Job bought a new $4 million machine that is being installed next weekend during the holidays.

We had luxury rooms @ a water park,
took us out to eat for all meals,
and we could sit @ the bar every night while charging it to our rooms.

I drank plenty of pina coladas, even tried some Wisconson lager and a carmel martini,
Damn that was good!!!!!!!

Anyway,
Im long AJ.

Screenshot_2015-08-26-16-15-38.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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