ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Feb 01, 2016 7:43 pm

Here is my AU trade from last week I closed today.
This is perfect market structure.

Exactly what Im looking for.

IMG_20160201_133915.jpg
IMG_20160201_133915.jpg (230.91 KiB) Viewed 974 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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MightyOne
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Re: ProchargedMopar's Trading Trilogy

Postby MightyOne » Mon Feb 01, 2016 7:57 pm

prochargedmopar wrote:Something more like this will be much better.
3-4mp risk box


Space is the total amount of risk that you have to work with.
A Risk-box is the portion of space that you have at risk.

Think about how much further away your target will be if you destroy
your space.
If I lose 40 pips then I have to make 5 more P$PS to reach
my waypoint.
If I were to lose 600 pips at even 1/3 of the $min then I would have to
make up 25 P%PS; and that is why I say that you cannot afford multi-hundred
pip losses at ANY SIZE.
25 "big pips" might not seem like a lot, but if you keep delaying your waypoints
like that then you will lose the momentum required to reach a zero.

With my new MM, destroying space 3 times will move the waypoint from 72 to 88 P$PS;
I did this that the targets might stay in the daily range.

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Feb 01, 2016 9:56 pm

My breakout buy was acceptable for a swi g trade...

IMG_20160201_155513.jpg
IMG_20160201_155513.jpg (226.71 KiB) Viewed 924 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 » Mon Feb 01, 2016 10:01 pm

MightyOne wrote:
prochargedmopar wrote:Something more like this will be much better.
3-4mp risk box


Space is the total amount of risk that you have to work with.
A Risk-box is the portion of space that you have at risk.

Think about how much further away your target will be if you destroy
your space.
If I lose 40 pips then I have to make 5 more P$PS to reach
my waypoint.
If I were to lose 600 pips at even 1/3 of the $min then I would have to
make up 25 P%PS; and that is why I say that you cannot afford multi-hundred
pip losses at ANY SIZE.
25 "big pips" might not seem like a lot, but if you keep delaying your waypoints
like that then you will lose the momentum required to reach a zero.

With my new MM, destroying space 3 times will move the waypoint from 72 to 88 P$PS;
I did this that the targets might stay in the daily range.


I see what your saying.
It is much higher probability for me personally to capture 6-8 macros than it is to grab 20-30.

No doubt.

I was up over 10 on my au and 6+ on my NU entry.
Instead of closing things out @ "even" ( the losers battle cry)
I would be moving to next double.
Last edited by prochargedmopar on Tue Feb 02, 2016 12:44 am, edited 1 time in total.
#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 » Mon Feb 01, 2016 10:06 pm

prochargedmopar wrote:My breakout buy was acceptable for a swi g trade...

IMG_20160201_155513.jpg


So upon further instruction my entry was invalid.

:(
#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 Feb 02, 2016 4:32 am

Went long here ucad on 100 day engagement acct.

Screenshot_2016-02-01-22-31-25.png
Screenshot_2016-02-01-22-31-25.png (128.92 KiB) Viewed 1064 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 » Tue Feb 02, 2016 4:20 pm

Sleeping sucks,

Its overrated for traders.

Was up 78, wake up to 39. Now what?

Screenshot_2016-02-02-10-16-48.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 Feb 03, 2016 2:01 am

If I close 500 units here, 100 must be in market 80 more days, next engagement would be 1000 units.

Screenshot_2016-02-02-19-58-30.png
Screenshot_2016-02-02-19-58-30.png (200.09 KiB) Viewed 971 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 Feb 03, 2016 2:06 am

Damn,
I was so close to tappin that!!!

IMG_20160202_200544.jpg
IMG_20160202_200544.jpg (220.77 KiB) Viewed 971 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 Feb 03, 2016 3:34 am

I dont know what to do.

Am I a swing trader?
Am I a macro pipper going for intraday ranges?
Do I take trades that are only 3:1 and space ball em' in sets of 3?
Maybe Im a scalper?
No wonder ive been a failure.

Uuuuuuuugh!

Screenshot_2016-02-02-21-32-09.png
Screenshot_2016-02-02-21-32-09.png (197.12 KiB) Viewed 967 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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