ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Fri Jan 14, 2022 5:24 pm

I'm out.

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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 Jan 14, 2022 5:41 pm

"If you can see loss, you can see profit" MightyOne

"Doing what's right, is DOING what the market tells you to" Pro

When the market goes up, Sell.
When the market goes down, Buy.
BUT, only when you are told to do so.

it ain't fun buying/selling randomly OR when you think it can't go higher/lower.
Ask me how I know.
Another thing, when the market is moving fast, enter at the open.
When the market is moving slower, enter at the Z or as close as you can possibly get.

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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 Jan 14, 2022 6:04 pm

My Idea of Fast n Slow.
Time of day makes big difference too.

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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 Jan 14, 2022 6:20 pm

What is the market telling You?

"Bodies show the way, wicks show not the way" MO
"Closing Above/Below something" MO

Simply Amazing!!!!!

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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 Jan 14, 2022 6:56 pm

I read a book long ago named A Random Walk down Wallstreet.

The Markets are random. :shock:

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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 Jan 14, 2022 7:57 pm

Trading is;
"Listening to what the market is telling you".

SIMPLIFY.

EU example:

Idea, go short.
Ok, this looks good.
Hold up, price closed ABOVE my new something.
EXIT with small loss OR reverse if price is above 'something' else.

Praying is NOT the answer.
Hope has never helped me either.

"A small loss is just as satisfying as a large gain" MightyOne

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Still holding?
You really don't want none of that!!!!

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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 Jan 14, 2022 9:25 pm

Is this a shake-out?
What do we do here?

Depends.

Did you just go short and are holding a loss? EXIT.

Are you holding other peoples money and have grand Ideas?
Maybe you are willing to give it all back in return for attaining your goal??
Could be a "2nd something" close is your exit. HOLD (Hey, it's not ur money anyway) :D

What is your target?
% gain? Price Level? A Zero?

Maybe you want to use some OPM to increase the trades potential.?
You've still got room to zero em out. ADD :P

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#aj2.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 cheunt3 » Sat Jan 15, 2022 4:07 am

prochargedmopar wrote:
cheunt3 wrote:Pro, with all these posts you're making, are you recording everything down into a journal?

Wins? Losses? Why you took the trade? Why you didn't take the trade?

What's your W/L outcome so far?

It's gonna help with your confidence and inrcease in position sizes.

If you're not the pen paper type and more visual auditory, try camcordering your experience but make sure you're disciplined organizing that with a excel spreadsheet. Go back to your recordings every so often.



It's just a matter of doing what's RIGHT.

So No,
This can be summed up in one word,
Desensitization.

But I'll still give a couple examples:

A plumber doesn't mind having 'crap' on his hands all day long.
What about skinning a deer? ​
How bout a coroner?
After a while they eat lunch with totally gutted HUMANS laying around.
Chop peoples heads off long enough and pretty soon.......Nadda.

"If you know better, do better" MO paraphrased


You joined here in 2008, you must be desensitised by now for sure :-D

Keeping a journal is another way to desentify yourself if you think about it. It keeps you on track and even with a simple ledger of 100 wins or losses you can see a huge amount of info about your trading. The info I am talking about is 'your brain.' Then you'll find like much of us, it's our brain that's stopping us from achieving much more in not just trading but anything, really.

"When traders are indifferent to fears, they enter a “zone” – a state of mind that many good sports athletes experience. They hardly have to consider consequences or second-guess themselves. They are in the moment of “just do it” and it turns out to be exactly what they need to do."

This is the holy grail of trading and not some colourful indicator you attach to your charts.


The above I copied from somewhere else, so the question is "how to be indifferent to fears?"

The answer is face it (just take the trade). And to pay attention to it (journal). And MO's quote, "If you know better, do better" (refine or keep same, up to you). The repeat. Then grow with power with every trade you take. I kid you not, you will grow in power because ultimately, isn't that how we all grow in spirituality? Money? Weight training ? etc....

Actually MO's quote can be interpretted a few ways but I think it would be better like this:

"If you know yourself better, do better"
MO "Don't try to predict what will happen next, simply aim to consistently apply your ideas."

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Re: ProchargedMopar's Trading Trilogy

Postby prochargedmopar » Sat Jan 15, 2022 8:09 am

cheunt3 wrote:
prochargedmopar wrote:
cheunt3 wrote:Pro, with all these posts you're making, are you recording everything down into a journal?

Wins? Losses? Why you took the trade? Why you didn't take the trade?

What's your W/L outcome so far?

It's gonna help with your confidence and inrcease in position sizes.

If you're not the pen paper type and more visual auditory, try camcordering your experience but make sure you're disciplined organizing that with a excel spreadsheet. Go back to your recordings every so often.



It's just a matter of doing what's RIGHT.

So No,
This can be summed up in one word,
Desensitization.

But I'll still give a couple examples:

A plumber doesn't mind having 'crap' on his hands all day long.
What about skinning a deer? ​
How bout a coroner?
After a while they eat lunch with totally gutted HUMANS laying around.
Chop peoples heads off long enough and pretty soon.......Nadda.

"If you know better, do better" MO paraphrased


You joined here in 2008, you must be desensitised by now for sure :-D

Keeping a journal is another way to desentify yourself if you think about it. It keeps you on track and even with a simple ledger of 100 wins or losses you can see a huge amount of info about your trading. The info I am talking about is 'your brain.' Then you'll find like much of us, it's our brain that's stopping us from achieving much more in not just trading but anything, really.

"When traders are indifferent to fears, they enter a “zone” – a state of mind that many good sports athletes experience. They hardly have to consider consequences or second-guess themselves. They are in the moment of “just do it” and it turns out to be exactly what they need to do."

This is the holy grail of trading and not some colourful indicator you attach to your charts.


The above I copied from somewhere else, so the question is "how to be indifferent to fears?"

The answer is face it (just take the trade). And to pay attention to it (journal). And MO's quote, "If you know better, do better" (refine or keep same, up to you). The repeat. Then grow with power with every trade you take. I kid you not, you will grow in power because ultimately, isn't that how we all grow in spirituality? Money? Weight training ? etc....

Actually MO's quote can be interpretted a few ways but I think it would be better like this:

"If you know yourself better, do better"


I spent many years chasing what TRO calls the new and shiny.
Seen any of my past charts? LOL
I worked A lot the past decade especially the 5 yrs before I retired.
It was a different job and "trading" took a back seat.
Even the first year of being retired I spent most of my time traveling or watching youtube videos on cars/turbos/trucking, etc.
And trying to get a grip on NOT HAVING A JOB was a adjustment period. :lol:
It's weird. (institutionalism is real)
Now that I am retired I'm back on it but with many years of just watching/studying behind me.
Time management is my biggest issue atm.
I've got lots of stuff I want to get done/do.
Projects backed up for at least 5 more years OR more.
Ski trip coming up next month, then Disney in FL a month or so later.
Rough life, First world problems are a mofo.......(Keeping the fridge closed is one of them) :mrgreen:

And Yes,
It's 99.98% a brain game.
.01% being able to click a mouse or tap a phone.
.01% being able to pay for internet service.

All it takes for success is to make a decision.
That's it.
No excuses, No discipline required, no quitting, especially with something like this where others are NOT involved.
Make a decision and nothing else matters.
100% personal responsibility. Pretty unique situation actually.

You do, or don't
Not much else to say.

Americans, Do or Die.
Russians, Do or Do, Dying is not an option and considered a cop out. :shock:
#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

User avatar
cheunt3
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Re: ProchargedMopar's Trading Trilogy

Postby cheunt3 » Sat Jan 15, 2022 1:33 pm

prochargedmopar wrote:
cheunt3 wrote:
prochargedmopar wrote:

It's just a matter of doing what's RIGHT.

So No,
This can be summed up in one word,
Desensitization.

But I'll still give a couple examples:

A plumber doesn't mind having 'crap' on his hands all day long.
What about skinning a deer? ​
How bout a coroner?
After a while they eat lunch with totally gutted HUMANS laying around.
Chop peoples heads off long enough and pretty soon.......Nadda.

"If you know better, do better" MO paraphrased


You joined here in 2008, you must be desensitised by now for sure :-D

Keeping a journal is another way to desentify yourself if you think about it. It keeps you on track and even with a simple ledger of 100 wins or losses you can see a huge amount of info about your trading. The info I am talking about is 'your brain.' Then you'll find like much of us, it's our brain that's stopping us from achieving much more in not just trading but anything, really.

"When traders are indifferent to fears, they enter a “zone” – a state of mind that many good sports athletes experience. They hardly have to consider consequences or second-guess themselves. They are in the moment of “just do it” and it turns out to be exactly what they need to do."

This is the holy grail of trading and not some colourful indicator you attach to your charts.


The above I copied from somewhere else, so the question is "how to be indifferent to fears?"

The answer is face it (just take the trade). And to pay attention to it (journal). And MO's quote, "If you know better, do better" (refine or keep same, up to you). The repeat. Then grow with power with every trade you take. I kid you not, you will grow in power because ultimately, isn't that how we all grow in spirituality? Money? Weight training ? etc....

Actually MO's quote can be interpretted a few ways but I think it would be better like this:

"If you know yourself better, do better"


I spent many years chasing what TRO calls the new and shiny.
Seen any of my past charts? LOL
I worked A lot the past decade especially the 5 yrs before I retired.
It was a different job and "trading" took a back seat.
Even the first year of being retired I spent most of my time traveling or watching youtube videos on cars/turbos/trucking, etc.
And trying to get a grip on NOT HAVING A JOB was a adjustment period. :lol:
It's weird. (institutionalism is real)
Now that I am retired I'm back on it but with many years of just watching/studying behind me.
Time management is my biggest issue atm.
I've got lots of stuff I want to get done/do.
Projects backed up for at least 5 more years OR more.
Ski trip coming up next month, then Disney in FL a month or so later.
Rough life, First world problems are a mofo.......(Keeping the fridge closed is one of them) :mrgreen:

And Yes,
It's 99.98% a brain game.
.01% being able to click a mouse or tap a phone.
.01% being able to pay for internet service.

All it takes for success is to make a decision.
That's it.
No excuses, No discipline required, no quitting, especially with something like this where others are NOT involved.
Make a decision and nothing else matters.
100% personal responsibility. Pretty unique situation actually.

You do, or don't
Not much else to say.

Americans, Do or Die.
Russians, Do or Do, Dying is not an option and considered a cop out. :shock:


You seem to be enjoying retirement, that's excellent, it's really great you're keeping busy.

So what is it you want from your trading?
MO "Don't try to predict what will happen next, simply aim to consistently apply your ideas."

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