10 pips a day?
Random pair. USD/CAD
Thanks to V8Power for recommending the 9p-1a est box.
I made it smaller.
9:30p-12a cst
Price breaks out. Grab 5-10 pips.
Will 10 pips a day make you rich?
What about 10 pips a day while re-investing profits into lot size for 3-4 consecutive trades?
Is it possible?
We will soon find out won't we.
ProchargedMopar's Dart Dynasty
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- prochargedmopar
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Re: ProchargedMopar's Dart Dynasty
#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
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 Dart Dynasty
Can't win them all.
But you also can't lose 10-20-or 30 in a row.
So, If you get 1 or 2 spaceball "wins", LIke the M.O. says.
It's impossible to lose. (unless we get a bank intervention that blows through all stops by 500 pips)
NU and Ucad have lowest margin requirements for using larger lot sizes with opm.
I'm personally sticking to GU for 3 more weeks at least.
One pair,
One method,
One blah blah after another.
Funny thing is I was describing the trading strategy to my 13yo....he says:
"yeah, @ $50 a pip that's like free money for doing nothing...."
Uh-hmmmm,
I had to make a correction and said:
"Very few people are willing to COMMIT.
Very few people are willing to wait.
Willing to enter the trade.
Willing to risk any amount of money.
Willing to risk other peoples money.
Willing to accept the random loss.
You are getting paid to do what others will not."
But you also can't lose 10-20-or 30 in a row.
So, If you get 1 or 2 spaceball "wins", LIke the M.O. says.
It's impossible to lose. (unless we get a bank intervention that blows through all stops by 500 pips)
NU and Ucad have lowest margin requirements for using larger lot sizes with opm.
I'm personally sticking to GU for 3 more weeks at least.
One pair,
One method,
One blah blah after another.
Funny thing is I was describing the trading strategy to my 13yo....he says:
"yeah, @ $50 a pip that's like free money for doing nothing...."
Uh-hmmmm,
I had to make a correction and said:
"Very few people are willing to COMMIT.
Very few people are willing to wait.
Willing to enter the trade.
Willing to risk any amount of money.
Willing to risk other peoples money.
Willing to accept the random loss.
You are getting paid to do what others will not."
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Re: ProchargedMopar's Dart Dynasty
prochargedmopar wrote:MightyOne wrote:prochargedmopar wrote:Took trade on drive home,
3rd and final trade will be going for a runner using profits from first two.
Cya tomorrow.
Or you could have taken the GBPJPY long for SIXTEENS and made just as many pips with a much smaller chance of serious drawdown.
Do not temp me with evil.
Do not confuse me with facts when my mind is already made up.
I could have done a lot of things like go for 14 macros on GU monday......BUT you've seen the results over the years.
RisK? How can I have LARGE risk when the box sizes are averaging like 13-16 pips as of late.
If I have a 50 pip box one day, like has happened in history, I do not HAVE to trade.
How easily you forget. LOL
It is not how small you make your boxes but how much each box is worth and how quickly they can be won or lost that determines risk.
- prochargedmopar
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Re: ProchargedMopar's Dart Dynasty
MightyOne wrote:
It is not how small you make your boxes but how much each box is worth and how quickly they can be won or lost that determines risk.
Yes, I know yesterday was an Mbar on GU, which is why I did not wait for my full 10 pips.
I can see, believe you me.
I'm not trading ICT Judas swings...unless they are to push me into profit. LMAO
When I have a $20k account and I'm risking $10 per pip with a 16 pip box....I'm risking little. ($160)
After 3 trades, My lot size will be about $40-$60 per pip with a 16 pip box....I'm risking the same, little. ($160)
My reward is now exponential compared to my initial risk. little.
This has all been rehashed a 1000+ times here.
It is only a matter of doing it.
$1k account $4-$6 per on last (waypoint) trade
$100 account .40-.60 per on last (waypoint) trade
I"m about to xfer funds out of my acct to bring it down to $100 and start from scratch.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
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Re: ProchargedMopar's Dart Dynasty
GU was self explanatory for anyone who has looked at charts more than a month.
At least for those who have read a few pages of M.O. or Dragons teachings on Kreslik.com
I can't trade that. sorry.
Why fight it.
P.S.
I will be able to one day. Just not yet.
And yes, it has been agony to know for so many years but be stuck in cement.
I shall follow my nose, and yeah, it's pretty big so I can't miss it. heheheeh
At least for those who have read a few pages of M.O. or Dragons teachings on Kreslik.com
I can't trade that. sorry.
Why fight it.
P.S.
I will be able to one day. Just not yet.
And yes, it has been agony to know for so many years but be stuck in cement.
I shall follow my nose, and yeah, it's pretty big so I can't miss it. heheheeh
#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
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 Dart Dynasty
ICT is a cocky mother flucker.
Says what he is teaching is original.
Bullshiit.
Says what he is teaching is original.
Bullshiit.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Re: ProchargedMopar's Dart Dynasty
I'm not trying to be a pain in the ass PRO, I just want you to do well...long term.
- prochargedmopar
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Re: ProchargedMopar's Dart Dynasty
I came home early (1/2 day) from work to babysit the little golden nugget.
My Dad was overseeing the kids while they watched her in 30min shifts till I got home.
When I got here I showed them all a path to riches.
I used AJ and the 3p-6p cst box as a present moment example..
A short was triggered.
I explained that AJ is a jumpy spiky pair and that an entry on an up bar after a breakout down is a legitimate alternative strategy.
Yes it took a while but as usual both entry methods hit the profit target of 10 pips.
The only way not to be rich is by choice.
I have chosen to be poor.
My Dad was overseeing the kids while they watched her in 30min shifts till I got home.
When I got here I showed them all a path to riches.
I used AJ and the 3p-6p cst box as a present moment example..
A short was triggered.
I explained that AJ is a jumpy spiky pair and that an entry on an up bar after a breakout down is a legitimate alternative strategy.
Yes it took a while but as usual both entry methods hit the profit target of 10 pips.
The only way not to be rich is by choice.
I have chosen to be poor.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
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Re: ProchargedMopar's Dart Dynasty
This does not seem real.
Someone pinch me.
Someone pinch me.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- dojirock
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Re: ProchargedMopar's Dart Dynasty
Pro, my friend.....
NOW YOUR SEEING...not thinking..... It is this simple! Seems to me your kids are your motivation to stop dicking around... (little trader love there for ya)
Keep up the great work!
doji
NOW YOUR SEEING...not thinking..... It is this simple! Seems to me your kids are your motivation to stop dicking around... (little trader love there for ya)
Keep up the great work!
doji
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
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