ProchargedMopar's Dart Dynasty

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aliassmith
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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Thu Jun 02, 2016 4:03 pm

Some dinner money.
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jrtrading
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Re: ProchargedMopar's Dart Dynasty

Postby jrtrading » Thu Jun 02, 2016 6:53 pm

aliassmith wrote:Some dinner money.


I think you have said that other people's money and zero lines work for you -
When you accumulate other people's money, do you aim to trade high probability - low reward, low probability - high reward or do you not think actively about these things?

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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Thu Jun 02, 2016 7:04 pm

jrtrading wrote:
aliassmith wrote:Some dinner money.


I think you have said that other people's money and zero lines work for you -
When you accumulate other people's money, do you aim to trade high probability - low reward, low probability - high reward or do you not think actively about these things?


OPM helps take the worry about losing your capital.

Zero lines are a concept I use as support and resistance. It isn't exactly an entry method.

I exit based on how I feel about the PA.
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Re: ProchargedMopar's Dart Dynasty

Postby jrtrading » Thu Jun 02, 2016 7:06 pm

Thanks aliassmith.

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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Thu Jun 02, 2016 8:39 pm

prochargedmopar wrote:Came pretty close to tp.

Screenshot_2016-05-30-21-02-00.png

Im also adding to AJ as specified before.
600 pips or bust.

Screenshot_2016-05-30-21-03-33.png


Would of been a good time to exit ALL your positions.
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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Thu Jun 02, 2016 10:25 pm

aliassmith wrote:Some dinner money.

Looks like more drinks for dinner.
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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Thu Jun 02, 2016 10:27 pm

jrtrading wrote:
aliassmith wrote:Some dinner money.


I think you have said that other people's money and zero lines work for you -
When you accumulate other people's money, do you aim to trade high probability - low reward, low probability - high reward or do you not think actively about these things?


OPM usage...my entry was a bit slow
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Re: ProchargedMopar's Dart Dynasty

Postby laksh » Thu Jun 02, 2016 11:22 pm

aliassmith wrote:
OPM usage...my entry was a bit slow


Hi aliassmith,

Super!!!!

A question with regards to execution:

Do you place SL on the terminal? Or is it more of a mental SL and trying to cut it short if trade goes in other direction (with your max SL placed on the terminal to protect the account from swanny events) ?

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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Thu Jun 02, 2016 11:50 pm

laksh wrote:
aliassmith wrote:
OPM usage...my entry was a bit slow


Hi aliassmith,

Super!!!!

A question with regards to execution:

Do you place SL on the terminal? Or is it more of a mental SL and trying to cut it short if trade goes in other direction (with your max SL placed on the terminal to protect the account from swanny events) ?


I have a 24ish (3/8's)SL placed on the execution. I will cut a trade before that if the PA doesn't seem good.
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Fri Jun 03, 2016 3:34 pm

aliassmith wrote:
prochargedmopar wrote:Came pretty close to tp.

Screenshot_2016-05-30-21-02-00.png

Im also adding to AJ as specified before.
600 pips or bust.

Screenshot_2016-05-30-21-03-33.png


Would of been a good time to exit ALL your positions.


Nah,
Im in this AJ for the long haul.
I have 1000 plus pips of room to scalp on the way to my target.
It now looks like the pattern will break lower before going higher.
Fine by me, more room to scalp.
Another 1000 most likely.

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