ProchargedMopar's Trading Trilogy

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MightyOne
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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Tue Oct 13, 2015 3:00 am

aliassmith wrote:
prochargedmopar wrote:AJ investment.
:^o

tmp_28321-_20151012_181928-890974293.JPG


That's insane draw down [-X


Don't look at me, I didn't teach him that bullsh*t :lol:

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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Tue Oct 13, 2015 3:14 am

prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:AJ investment.
:^o

tmp_28321-_20151012_181928-890974293.JPG


That's insane draw down [-X


Only 90+ Macro pips,
10 Mega pips.

LOL


Maybe you are confused :|

100 pips should be your maximum space & 100 pips should be equal to a 10 pip loss on a small chart.

Whatever you would do when SCALPING a small chart is what you should do on a large chart.

Do you see how doji escapes with 3 pip losses all the friggen time? You need to escape with 30 pip losses all the friggen time.
Scale out of trades, lock in pips, take your friggen losses when things are not going in your favor.

If I didn't know better I would think that you simply did not care about being profitable...

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Oct 13, 2015 4:53 am

Well,
Lets see.
One pair, TRO Fav tf.
Couple buys and a couple sells in an 18hr period.
Hiw many did I take?
0

tmp_24081-_20151012_235024-858284779.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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Oct 13, 2015 7:22 am

If I didn't know better I would think that you simply did not care about being profitable...


Your right, I care about being profitable.
Lets be honest here though.
My actions show me that I want even more badly not to lose.
Maybe its not to be wrong?

Not necessarily to be right, thats not a big deal.
Losing is a kicker.

Im really not sure what to do, how to trade, or how to change my mindset.
A real PITA.
#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 » Tue Oct 13, 2015 12:20 pm

prochargedmopar wrote:
If I didn't know better I would think that you simply did not care about being profitable...


Your right, I care about being profitable.
Lets be honest here though.
My actions show me that I want even more badly not to lose.
Maybe its not to be wrong?

Not necessarily to be right, thats not a big deal.
Losing is a kicker.

Im really not sure what to do, how to trade, or how to change my mindset.
A real PITA.


Trading is about being wrong and dealing with it
in a reasonable way.
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 Oct 13, 2015 3:08 pm

1st trade of week.
For pips.

tmp_5415-_20151013_100739-858284779.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 » Tue Oct 13, 2015 6:25 pm

Trade 2 of week.

tmp_13518-Screenshot_2015-10-13-13-23-41-858284779.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 » Tue Oct 13, 2015 8:12 pm

It can be seen clearly where the market told me to exit and reverse my position short.

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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 dchappy » Tue Oct 13, 2015 9:31 pm

prochargedmopar wrote:
If I didn't know better I would think that you simply did not care about being profitable...


Your right, I care about being profitable.
Lets be honest here though.
My actions show me that I want even more badly not to lose.
Maybe its not to be wrong?

Not necessarily to be right, thats not a big deal.
Losing is a kicker.

Im really not sure what to do, how to trade, or how to change my mindset.
A real PITA.

When scalping ( 1-5 min chart ) I will cover @ -8, -10 ,every time . When swinging/ day trading (15 + min chart ) . I will give a loser 20-30 pips then enter a hedge . A hedge puts the trade on " pause " and allows some time for the market to show it's hand .I can hold the trade for several mins or weeks and never experience " draw-down " . When a direction is obvious I can remove the losing trade and be in good shape . Dragon once said that he had over 200 winners in a row . I suspect that he was hedging .....Some one will say that hedging is just a " mind game " ..but isn't that what trading is all about ? . Of course you have to find a broker that allows it ....there are a few still around .......Take care ......Pro .. :smt023

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Tue Oct 13, 2015 10:04 pm

Oh, Ouch.
Lovely.

tmp_32213-Screenshot_2015-10-13-17-03-42-890974293.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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