ProchargedMopar's Dart Dynasty

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jrtrading
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Re: ProchargedMopar's Dart Dynasty

Postby jrtrading » Sun May 15, 2016 8:53 pm

Thanks for your posts

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v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Sun May 15, 2016 9:22 pm

prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:
With LARGE lot size I have the option to exit with a hige win or small loss.
With small size I stay where Ive been the last 22yrs for the next 3 yrs.
GreenBayPackaging and broke.
@ least in 3 I wont be @ gbp.

Ever watch shawshank redemption?
Institutionalized.


That's silly. If you can't make money with a small account you can't do it with large ones.


One will never know if only pennies are traded.


prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:
With LARGE lot size I have the option to exit with a hige win or small loss.
With small size I stay where Ive been the last 22yrs for the next 3 yrs.
GreenBayPackaging and broke.
@ least in 3 I wont be @ gbp.

Ever watch shawshank redemption?
Institutionalized.


That's silly. If you can't make money with a small account you can't do it with large ones.


One will never know if only pennies are traded.


So I just wrote out a super long in depth post about how to trade a $100 account (penny's) into 100,000 and the computer crashed. So Im now on my phone and will just give u broad strokes. 8 pairs were traded, with 4 different methods with 4 different R:R to gain OPM. To do this fastest i used a MM stlye that doubled what was risked 3 times if I were to lose (start at .5 end at 4%).

This will quickly get you 10-50%+ in as little as a few days at most a week. Then we take 10% and start risking them on HTF trades. I consider all profit won to be OPM until i make over 100% then that is my reset/waypoint. So even if Iam up 90% i will happily risk it all on 9 trades at 10% a pop. You only need 1 or 2 trades to make a quick 200-300%.

Remember this is just a quick break down of what i did. Also it was on a 100 dollar account. So even if I blew out 9 accounts I would still make $99,100.00 on the 10 try.

I did this experiment for a few reasons. 1 cuz I thought it would be fun and wanted to see if I could add a zero in a month. 2 and most important it taught me to trust myself on long-term trades. Something I am moving towards more. I will post some charts showing some HTF trades latter (but you can find them here and in MO's thread).

Trading is basically 3 things. Ideas, trading those ideas consistently and money management. Forget about the perfect entry or exit. I can easily lose 9 trades in a row and win the tenth one and recoup all my loses and end in a profit.

This post wasnt directed at u pro. But I want u to see its not the short term pennies that your trading that you care about. Its about taking and using those penny's smart, effectively and consistently.

If i gave you a penny on day 1 and doubled it everyday. How much would u have in 30 days.

v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Sun May 15, 2016 9:24 pm

jrtrading wrote:Thanks for your posts


Dont know if that is directed at me, but if it is your welcome.

v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Sun May 15, 2016 10:43 pm

Here is how I made massive gains using OPM.

First pic is a CZ trade for about 400 pips over 4 days. Second is a 2 day extreme for about 300 pips. Using OPM and risking 10% on a 20 pip sl, you make 150% and 200%.

Image


Image

v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Mon May 16, 2016 1:01 am

Here is a old set up I use to use. Donchain channel breakouts on the E/J. Only take trades between 8pm to 12am. SL is 15. Trade is held until daily ATR is hit, London closes or stopped out. MM is your choice. Last week there was 4 losses, 3 wins. 45% gain with my MM rules. It works because the wins blow away the losses.

It is purely mechanical and makes money for you while you sleep.

[quoteImage][/quote]

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prochargedmopar
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Mon May 16, 2016 2:37 am

Crazy 8's,
N thats a buy.

Screenshot_2016-05-15-21-35-54.png
Screenshot_2016-05-15-21-35-54.png (160.63 KiB) Viewed 218 times
#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

v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Mon May 16, 2016 2:49 am

Alright guys here is a a longer term trade that I just took tonight on the fly. Buyers look like their running out of steam on the daily. We have just zlined all the sellers on the weekly. And if the monthly bar closes down we will have a double failure. also if you combine the 3 weekly candles starting 2/14 you get a beautiful down momo.

You have to trade the right edge of the chart the same way you would mark up the middle. Weekly bars combined into momo and then price return to the mz and zlined the sellers. Price stalling on the daily. And the past 2 completed monthly bars have created a lower high, while the current monthly candle has breakout of that lower high and now we wait to see if it does not close higher.

My entry was a simple rat entry. The one thing we have yet to see is price close lower then something. So we have 3 possible scenarios. 1. I could have gotten lucky and pretty much sold at the point when price is just starting to reverse. Or 2 and more likely price could still continue up, then turn back down and finally close under something (then I re enter). Or 3 I was completely wrong and prices just keeps going up.

But I wanted to post this as it happened not afterward, so members can see Im not just posting trades based on after price moved.

Image

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prochargedmopar
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Mon May 16, 2016 3:20 am

v8power wrote:Really quick I just want to say, that my post last night was not meant in anger toward pro. I am not a fan of forums because I can be very blunt and it can come across as being a dick. Kreslik is a great community and place to learn and I wish not to tarnish it. So i do apologize if I offended u pro



I am not offended one bit.
Everyone has an opinion as evidenced by the markets in front of us.
I am not an addict.
I have NEVER quit and I will succeed.
Death is not a means of escape.
I am succeeding as we type.
I spend very little time trading and that is how it is going to stay. (htf charts)
It is a very peaceful night sitting by the fire while my daughter sleeps in my arms. This is where she has been the entirety of the last 3 days.

Your posts have been noted and added to my understanding of the markets along with one persons means of using it to prosper.

IMG_20160515_220954.jpg
IMG_20160515_220954.jpg (197.66 KiB) Viewed 211 times
#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

v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Mon May 16, 2016 3:25 am

Same ideas different pair. On the daily you can combine the three up candles for momo. Then you had a double failure to trade back into the combined momo candle. 15min chart setup long trade (small candle, BDP, wick in direction of loss). Price then went up into a 4hr MZ. Now you have a possible sell set up.

[quoteImage][/quote]

v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Mon May 16, 2016 3:34 am

Already up 140 pips or 28%. Still have two trades open, but calling it a night.

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