ProchargedMopar's Trading Trilogy

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aliassmith
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Postby aliassmith » Tue Sep 22, 2009 1:03 pm

prochargedmopar wrote:Hey,
it does keep things into a little better perspective though hearing outside views.


It sure does help having like minded individuals to bounce
ideas off of and discuss thing. It is especially important to
have the online contact since your family/friends may not
understand what you are doing and why.

Trading Support Group :)

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MightyOne
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Postby MightyOne » Tue Sep 22, 2009 2:28 pm

aliassmith wrote:

...although $120,000 with $30,000 in capital is nothing to sneeze at... :idea:


*Hah Chew!* :wink:

aliassmith
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Postby aliassmith » Tue Sep 22, 2009 2:51 pm

MightyOne wrote:
aliassmith wrote:

...although $120,000 with $30,000 in capital is nothing to sneeze at... :idea:


*Hah Chew!* :wink:


Ok smart guy not everyone can be a millionaire like you. :D

Some people have to work their way up with baby steps.

My goal is 400 to 600 pips a month at $500 to $1000 a pip
although $120,000 a year is a decent stepping stone.

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prochargedmopar
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Postby prochargedmopar » Tue Sep 22, 2009 3:02 pm

+27.6 <<<<<That's weak!!!

Weak total: +45.3 (pun intended)

Man, getting pissed......
Was up 42 pips and lost 25 in one trade.....actually increased account value when I exited though.

Accidentally had a couple trades at twice normal pip size. I get set up to "close all" with one click but sometimes actually add to position at larger rate. Doh.

Gotta watch that. Gonna get burned.
Getting frustrated at this crud. Market moves like crazy until I'm in it.....then dinks around.

Wtf?

EUR/JPY 1 B 134.768 134.813 4.5 0.49 0.00 9/22/2009 10:11 9/22/2009 10:43
EUR/JPY 1 B 134.803 134.813 1 0.11 0.00 9/22/2009 10:10 9/22/2009 10:43
GBP/USD 1 B 1.63592 1.63626 3.4 0.34 0.00 9/22/2009 10:16 9/22/2009 10:24
GBP/USD 1 S 1.63386 1.63373 1.3 0.13 0.00 9/22/2009 10:00 9/22/2009 10:02
GBP/USD 3 S 1.63491 1.63343 14.8 4.44 0.00 9/22/2009 09:17 9/22/2009 09:35
GBP/USD 1 S 1.63136 1.63343 -20.7 -2.07 0.00 9/22/2009 08:36 9/22/2009 09:35
GBP/USD 1 S 1.63209 1.63343 -13.4 -1.34 0.00 9/22/2009 08:37 9/22/2009 09:35
GBP/USD 3 S 1.63365 1.63343 2.2 0.66 0.00 9/22/2009 09:16 9/22/2009 09:35
GBP/USD 1 S 1.63276 1.63343 -6.7 -0.67 0.00 9/22/2009 09:09 9/22/2009 09:35
GBP/USD 1 S 1.63300 1.63238 6.2 0.62 0.00 9/22/2009 08:34 9/22/2009 08:34
EUR/JPY 1 S 134.901 134.805 9.6 1.05 0.00 9/22/2009 03:29 9/22/2009 03:36
EUR/JPY 1 S 134.848 134.805 4.3 0.47 0.00 9/22/2009 03:25 9/22/2009 03:36
EUR/JPY 1 S 134.814 134.805 0.9 0.10 0.00 9/22/2009 03:25 9/22/2009 03:36
GBP/USD 1 S 1.62902 1.62804 9.8 0.98 0.00 9/22/2009 02:43 9/22/2009 02:54
GBP/USD 1 S 1.62780 1.62804 -2.4 -0.24 0.00 9/22/2009 02:40 9/22/2009 02:54
EUR/JPY 8 S 134.823 134.748 7.5 6.56 0.00 9/22/2009 02:30 9/22/2009 02:31
EUR/JPY 8 S 134.823 134.810 1.3 1.14 0.00 9/22/2009 02:30 9/22/2009 02:31
EUR/JPY 8 S 134.813 134.810 0.3 0.26 0.00 9/22/2009 02:30 9/22/2009 02:31
EUR/JPY 8 S 134.825 134.810 1.5 1.31 0.00 9/22/2009 02:30 9/22/2009 02:31
EUR/JPY 4 B 134.855 134.848 -0.7 -0.31 0.00 9/22/2009 02:28 9/22/2009 02:30
EUR/JPY 4 B 134.856 134.848 -0.8 -0.35 0.00 9/22/2009 02:28 9/22/2009 02:30
EUR/JPY 4 S 134.808 134.856 -4.8 -2.10 0.00 9/22/2009 02:23 9/22/2009 02:28
EUR/JPY 4 S 134.998 134.900 9.8 4.27 0.00 9/22/2009 01:59 9/22/2009 02:01
EUR/JPY 4 S 134.898 134.900 -0.2 -0.09 0.00 9/22/2009 01:44 9/22/2009 02:01
EUR/JPY 4 B 134.937 134.926 -1.1 -0.48 0.00 9/22/2009 01:38 9/22/2009 01:39
75 27.6 15.28 0.00
Last edited by prochargedmopar on Tue Sep 22, 2009 3:26 pm, 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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MightyOne
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Postby MightyOne » Tue Sep 22, 2009 3:22 pm

1 trade per hour of 8 trades maximum within an 8 hour period.

There is a reason why alcohol and trading mix...

When you are buzzed you don't feel like moving any part of your body unless absolutely necessary ;)

Let rote work its magic
Last edited by MightyOne on Wed Sep 23, 2009 9:37 am, edited 1 time in total.

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Postby MightyOne » Tue Sep 22, 2009 4:30 pm

aliassmith wrote:
MightyOne wrote:
aliassmith wrote:

...although $120,000 with $30,000 in capital is nothing to sneeze at... :idea:


*Hah Chew!* :wink:


Ok smart guy not everyone can be a millionaire like you. :D

Some people have to work their way up with baby steps.

My goal is 400 to 600 pips a month at $500 to $1000 a pip
although $120,000 a year is a decent stepping stone.


Flipping back and forth between micro and macro trading will get the job done fast.

Example:

you have $10,000 and increase your account to $15,000 using a 10 minute chart and trading in the direction of the longer term charts.

you then trade the long term chart directly risking most of your $5,000 gain using a $10,000 account value to size your trade.

If your $5,000 is a 250 pip stop (you don't have to risk all of it) and you make 280 pips then you are up another $5,600.

You would keep long balling until you take a hit:

$10,000 to $15,000 (trading small time frames)

Risk upwards of $5,000 (we start trading the long term chart only)

+$5600, + $2800, +$3600, -$3200 and you are left with $23,800 total.

$23,800 into $35,700 (again by trading small time frames)

Risk upwards of $11,900 (again we trade the long term chart only)

+$13300, +$6600, +8500, -$7600 and you are left with $56,500

Of course you have to be complacent to the possibility of losing weeks or months of profit...

It is worth it in my opinion :shock:

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prochargedmopar
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Postby prochargedmopar » Wed Sep 23, 2009 9:33 am

Netbook trading update:

Image
#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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Postby prochargedmopar » Wed Sep 23, 2009 1:59 pm

Thanks M.O.,

I forgot to use it tonight during london...will try NY session.
#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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Postby aliassmith » Wed Sep 23, 2009 2:40 pm

MightyOne wrote:
aliassmith wrote:
MightyOne wrote:
aliassmith wrote:

...although $120,000 with $30,000 in capital is nothing to sneeze at... :idea:


*Hah Chew!* :wink:


Ok smart guy not everyone can be a millionaire like you. :D

Some people have to work their way up with baby steps.

My goal is 400 to 600 pips a month at $500 to $1000 a pip
although $120,000 a year is a decent stepping stone.


Flipping back and forth between micro and macro trading will get the job done fast.

Example:

you have $10,000 and increase your account to $15,000 using a 10 minute chart and trading in the direction of the longer term charts.

you then trade the long term chart directly risking most of your $5,000 gain using a $10,000 account value to size your trade.

If your $5,000 is a 250 pip stop (you don't have to risk all of it) and you make 280 pips then you are up another $5,600.

You would keep long balling until you take a hit:

$10,000 to $15,000 (trading small time frames)

Risk upwards of $5,000 (we start trading the long term chart only)

+$5600, + $2800, +$3600, -$3200 and you are left with $23,800 total.

$23,800 into $35,700 (again by trading small time frames)

Risk upwards of $11,900 (again we trade the long term chart only)

+$13300, +$6600, +8500, -$7600 and you are left with $56,500

Of course you have to be complacent to the possibility of losing weeks or months of profit...

It is worth it in my opinion :shock:


Is that your scalp, scalp, scalp, then trade the eternal method?

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prochargedmopar
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Postby prochargedmopar » Wed Sep 23, 2009 3:02 pm

Still suckin

+43.4 today.

Week total: +88.7

Almost every trade went for good pips.....10-20.
Could not hold.....gotta warp brain some how. Need to be brainwashed.

EUR/JPY 1 B 134.925 134.948 2.3 0.25 0.00 9/23/2009 10:41 9/23/2009 10:44
GBP/USD 1 B 1.63963 1.63990 2.7 0.27 0.00 9/23/2009 10:41 9/23/2009 10:44
GBP/JPY 1 B 150.014 150.048 3.4 0.37 0.00 9/23/2009 10:30 9/23/2009 10:34
GBP/USD 1 S 1.64382 1.64348 3.4 0.34 0.00 9/23/2009 09:38 9/23/2009 09:53
GBP/USD 1 B 1.64156 1.64239 8.3 0.83 0.00 9/23/2009 08:39 9/23/2009 08:41
GBP/USD 4 B 1.64139 1.64179 4 1.60 0.00 9/23/2009 08:35 9/23/2009 08:36
GBP/USD 4 B 1.64273 1.64282 0.9 0.36 0.00 9/23/2009 08:21 9/23/2009 08:26
GBP/USD 4 B 1.64204 1.64282 7.8 3.12 0.00 9/23/2009 08:24 9/23/2009 08:26
GBP/USD 4 B 1.64277 1.64255 -2.2 -0.88 0.00 9/23/2009 08:20 9/23/2009 08:20
GBP/USD 4 B 1.64231 1.64245 1.4 0.56 0.00 9/23/2009 08:19 9/23/2009 08:20
GBP/USD 4 B 1.64264 1.64337 7.3 2.92 0.00 9/23/2009 08:11 9/23/2009 08:11
GBP/USD 4 S 1.64435 1.64414 2.1 0.84 0.00 9/23/2009 07:40 9/23/2009 07:49
GBP/USD 4 S 1.63731 1.63698 3.3 1.32 0.00 9/23/2009 03:27 9/23/2009 03:28
GBP/USD 4 B 1.63682 1.63631 -5.1 -2.04 0.00 9/23/2009 02:51 9/23/2009 02:54
GBP/USD 4 B 1.63583 1.63631 4.8 1.92 0.00 9/23/2009 02:53 9/23/2009 02:54
GBP/USD 4 S 1.63871 1.63889 -1.8 -0.72 0.00 9/23/2009 02:23 9/23/2009 02:28
EUR/JPY 4 S 134.343 134.335 0.8 0.35 0.00 9/23/2009 02:10 9/23/2009 02:16
53 43.4 11.41 0.00
#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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