ProchargedMopar's Trading Trilogy

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aliassmith
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Re: ProchargedMopar's Trading Trilogy

Postby aliassmith » Thu Aug 13, 2015 8:38 pm

MightyOne wrote:
Ok.
Probably not good but at least I can afford the position from a 2 day extreme.


Whaaaat? :lol:

To paraphrase a section out of, the book, The New Market Wizards:

I wait until there is money just sitting on the floor & then I go over and pick it up


I need to find that floor with all the loot laying there. :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 » Thu Aug 13, 2015 11:34 pm

Our little critter;

#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 » Thu Aug 13, 2015 11:34 pm

Yeah,
I had 2nd chance to close -0.3 mp and didn't do it.

Screenshot_2015-08-13-18-31-53.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 1:33 am

That pretty much sucks.
Perfect breakout retest using oanda daily chart.
Long ass wick shooting star with Tallinex and perfect opens closes.

_20150813_203107.JPG
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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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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Aug 14, 2015 4:20 pm

I scratched the EN trade @even.

_20150814_112004.JPG
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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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Re: ProchargedMopar's Trading Trilogy

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

prochargedmopar wrote:I scratched the EN trade @even.



EURNZDDaily.png
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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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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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