ProchargedMopar's Trading Trilogy

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dchappy
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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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prochargedmopar
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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

aliassmith
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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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prochargedmopar
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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
Screenshot_2015-08-24-09-29-17.png (160.43 KiB) Viewed 514 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 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
Screenshot_2015-08-26-16-15-38.png (180.28 KiB) Viewed 429 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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Wed Aug 26, 2015 9:30 pm

Hmmmm,
Thats interesting.

Screenshot_2015-08-26-16-29-53.png
Screenshot_2015-08-26-16-29-53.png (88.79 KiB) Viewed 405 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

aliassmith
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Re: ProchargedMopar's Trading Trilogy

Postby aliassmith » Thu Aug 27, 2015 12:20 am

prochargedmopar wrote:Hmmmm,
Thats interesting.

Screenshot_2015-08-26-16-29-53.png


Its a big move but it was still long BDP right before
it happen.
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 27, 2015 1:50 am

aliassmith wrote:
prochargedmopar wrote:Hmmmm,
Thats interesting.

Screenshot_2015-08-26-16-29-53.png


Its a big move but it was still long BDP right before
it happen.


Not if I follow the 3 push rule.
#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 27, 2015 1:52 am

Joe Ross once said:

"If I cant make $$ trading reversal bars,
I need to pull all the cash out of my accounts, close them out, and find another occupation.
#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 » Thu Aug 27, 2015 2:29 am

prochargedmopar wrote:Joe Ross once said:

"If I cant make $$ trading reversal bars,
I need to pull all the cash out of my accounts, close them out, and find another occupation.


Did he tell you to lose 600 pips and 50% of your account? Threw that risk control right out the window. #-o. I'm sure
its not a big deal since you'll make +0. Athough its not a
simple task and even more diffcult taking 50% losses.

Risk control should be everyone's #1 rule.
Trade Your Way as Long as It Makes Money!

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