ProchargedMopar's Dart Dynasty

[prochargedmopar]

The bigger understanding is I can see why large account holders scoff @10 pip trades.


LOL.

[MightyOne]

...

Pretty amazing. Could take a year or three to come back into profit.

Will it now...

[aliassmith]

The bigger understanding is I can see why large account holders scoff @10 pip trades.


LOL.

When you trade large enough you'll have to accumulate. While accumulating you don't want to drive the price on yourself. The same when you unload your position. 10 pips may be to tight of a range to accomplish that.

You have to have a very large account to worry about that anyways.

People with a few $100k could live well on some 10 pip trades. At 10 pips equals .5% of your account, you'll gross 120% a year without compounding. Or up to 300% compounding.

[prochargedmopar]

This is all I'm sayin':

Large account and NO leverage could profit nicely here.

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[prochargedmopar]

It's like I need to print out a LARGE chart or something and carry it around in my back pocket.
Pull it out every few days...(or at least the days I wash my pants. LOL)

Each week print a new one to replace the old....
When price hits a #. BUY THAT SHIIT!!

No leverage at all is a 15% gain.

Hell, no risk involved either.

[prochargedmopar]

For someone who wants to use leverage (americans) and go for 5-10 pips a day.
This is my pick of a pair.

Ucad. 50:1 allowed on Oanda.

Scrolling back with eyes closed it doesn't get much worse either.
eg. scroll back open eyes look for losers, scroll back open eyes look for losers, scroll back open eyes look for losers.

Not many.

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[MightyOne]

The bigger understanding is I can see why large account holders scoff @10 pip trades.


LOL.

When you trade large enough you'll have to accumulate. While accumulating you don't want to drive the price on yourself. The same when you unload your position. 10 pips may be to tight of a range to accomplish that.

You have to have a very large account to worry about that anyways.

People with a few $100k could live well on some 10 pip trades. At 10 pips equals .5% of your account, you'll gross 120% a year without compounding. Or up to 300% compounding.

I feel comfortable with 1% over 3 or 4 macros.

1% over 3 macros is .5% over 24 pips (or .5% over 12 if I start with EIGHTS).
12 macros per day (16 if 1% over 4mac), 5.3 days per week, and weekly compounding, is four zeros per year.

Make 3 SIXTEENS and you have 3 EIGHTS, make 3 more EIGHTS and you have 6 FOURS of OPM,...how many FOURS can you make? More than 12-16 I assure you

[prochargedmopar]

I was looking at the last pic I posted and thought to self.

Why do I need all these yellow #'s from zigzag when I have 00 and 10 lines on my chart.....
I don't.
So I deleted the indicator and thought back on when I first started using 10 lines to "drain the banks" as I know it was somewhere back in 09'.
Did a google search for (prochargedmopar 10 lines) and this page popped up.

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Really?

I been at this shiit tooooooooooooooo long.

[prochargedmopar]

OK, I gotta go lift.

3/2009,
Thanks TRO

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[prochargedmopar]

last chart. Ucad Monthly

I know it's in the middle and anything can happen BUT,
That sure looks like an easy 1K of pips to me.

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