ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Mon Oct 10, 2016 12:24 am

aliassmith wrote:
prochargedmopar wrote:ICT guarantees by the end of 12mo (11 to go) we will all trade for 5:1 Reward/Risk minimum

#1R2R.png

#2R2R.png

#3R2$.png


If you use 100pip SL with 50:1 and not in profit fast enough you get margin call with max leverage. I've been testing this out on my rags2riches account and got margin call notice several times. I'm starting to believe that margin call in this situation is only to put more money in the brokers pocket.



These big moves are NOT black swan events.
They happen 2-3 times a year. No biggie.
Expect them.
#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 » Mon Oct 10, 2016 12:51 am

Buys only shown:
Zline/Dragon line/ICT order blocks

Still fascinating all these years later.

SameOl'.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 » Mon Oct 10, 2016 2:09 am

Max size is pretty much limited to 1:3 trading if doing
R2R.

150tp/50sl

NU gives biggest lot size but gives up volatility.

Screenshot_2016-10-09-21-06-13.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 » Mon Oct 10, 2016 2:12 am

Possible 1st trade setting up.

TradeIdea.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 » Mon Oct 10, 2016 2:13 am

prochargedmopar wrote:Possible 1st trade setting up.

TradeIdea.png


It's only risking 25% but you only make 75%.
That stinks.
#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 » Mon Oct 10, 2016 3:29 am

Gotta love this reply:

LoveThis.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 » Mon Oct 10, 2016 10:53 pm

Oh man, I remember this:

IMG_20161010_174709.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 11, 2016 2:55 am

From 7.5 yrs ago.
Now I am paying someone to show me how to trade Zlines.
Crazy. Unbelievable.
WTF am I still doing working every day to buy food????
Nuts.
IMG_20161010_215318.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 TheRumpledOne » Tue Oct 11, 2016 1:10 pm

prochargedmopar wrote:Gotta love this reply:

LoveThis.png


The 5,000 - 10,000 hour is a bunch of BS.
A gimmick to sell books, tapes, seminars, etc...
Sounds good but not real.

Learn fast:

http://www.kevinhabits.com/disss-and-ca ... any-topic/

http://sebastianmarshall.com/community/110017

Here's the one page (8 1/2 x 11) for trading:



ALL YOU NEED TO KNOW ABOUT TRADING

* Price either goes up or down.
* No one knows what will happen next.
* Keep losses small and let winners run.
* POSITION SIZE = RISK / STOP LOSS.
* The reason you entered has no bearing on the outcome of your trade.
* You can control the size of your loss (skill) but you can't control the size of your win (luck).
* You need to know when to pick up your chips and cash them in.

Expectancy = (Probability of Win * Average Win) - (Probability of Loss * Average Loss)

You cannot control the probabilities of wining or losing.

You cannot control your average win size.

The only part of the equation that you can control is your average loss size.

PRICE ACTION

“Now, 2 patterns of market behavior happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)

They happen regardless of time frame .

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist.” - H. Rearden

1) Price will either breakout of the high, low or both of the previous bar

2) Price will not breakout of the previous bar.

You cannot reduce it any further. Anything else complicates the issue.

ENTERING A TRADE

You either decide to:

1) Wait and do not enter a trade

2) Trade a breakout

3) Trade a reversal.

Those are your ONLY 3 options.

That is all you need to know about trading.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Re: ProchargedMopar's Trading Trilogy

Postby TheRumpledOne » Tue Oct 11, 2016 1:58 pm

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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