ProchargedMopar's Dart Dynasty

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prochargedmopar
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Thu Jun 09, 2016 5:44 pm

aliassmith wrote:
MightyOne wrote:You really need to just cut your losses short and get out of these trades when they picture changes.

A good number of times price will continue in the direction that it re-entered a cone; if it looks like it re-entered from two directions then choose the direction in which price closed over something.


for_pro.png

I agree. There are always more trades. PRO should stop being so stubborn and try to get the account over $800 as a goal. Baby steps!


I do not sell, only BUY.

Which is why I recently ditched a few pairs.
I only trade in the direction of + float.

So why would I close such a small position?
I can trade long any time I wish.
Plenty of margin avail.
#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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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Thu Jun 09, 2016 5:48 pm

aliassmith wrote:
MightyOne wrote:You really need to just cut your losses short and get out of these trades when they picture changes.

A good number of times price will continue in the direction that it re-entered a cone; if it looks like it re-entered from two directions then choose the direction in which price closed over something.


for_pro.png

I agree. There are always more trades. PRO should stop being so stubborn and try to get the account over $800 as a goal. Baby steps!


BTW,

my balance is over $800.

Screenshot_2016-06-09-12-46-54.png
Screenshot_2016-06-09-12-46-54.png (174.84 KiB) Viewed 321 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

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Thu Jun 09, 2016 6:32 pm

In the grand scheme of things I have entered inside a "pattern"
A very small pattern.

There are only 2 options for price.

1. Head up toward a previous pattern,
2. Drop down and form another pattern.

Flip a coin, both can be profitable.

Going lower has the potential for even higher returns.

IMG_20160609_132954.jpg
IMG_20160609_132954.jpg (153.02 KiB) Viewed 309 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

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Postby MightyOne » Thu Jun 09, 2016 6:52 pm

TheRumpledOne wrote:"Trading is guessing, if it wasn't then why would you need to [limit your risk]"

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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Thu Jun 09, 2016 8:58 pm

prochargedmopar wrote:
aliassmith wrote:
MightyOne wrote:You really need to just cut your losses short and get out of these trades when they picture changes.

A good number of times price will continue in the direction that it re-entered a cone; if it looks like it re-entered from two directions then choose the direction in which price closed over something.


for_pro.png

I agree. There are always more trades. PRO should stop being so stubborn and try to get the account over $800 as a goal. Baby steps!


BTW,

my balance is over $800.

Screenshot_2016-06-09-12-46-54.png


Your unrealized loss of about 9% is not a good thing. When your nav and bal are above $800 you hit the goal. Should of cut your trades when your nav was almost $790 and reevaluate.

Why would me and MO say this to you? Probably because we want you to fail...um NO!

Step #1: learn advantageous points to enter.
Step #2: learn when to exit, win or lose.
Step #3: use an effective money management plan.

There are many good types of entries that have an edge. The entries can be mechanical in my opinion.

Exiting with a profit can be just as complex as exiting with a loss. This part is more of an art and takes the most practice and mental training.

Money management is important and needs to be tailored to your skill. Risking 1000 pips to win 100 pips is a plan to fail.
Trade Your Way as Long as It Makes Money!

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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Thu Jun 09, 2016 9:43 pm

Dinner time!! A/J short =D>
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Fri Jun 10, 2016 6:36 am

aliassmith wrote:Dinner time!! A/J short =D>


Damn,
Where you gonna eat for $110?
hope it is 2-3 people for that amount.

:smt031 is pretty cheap.

:smt113 I just ate a home made Key lime pie.
Mmmmmmmmmmmmmmmmmmmmmmm
#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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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Fri Jun 10, 2016 8:52 am

prochargedmopar wrote:
aliassmith wrote:Dinner time!! A/J short =D>


Damn,
Where you gonna eat for $110?
hope it is 2-3 people for that amount.

:smt031 is pretty cheap.

:smt113 I just ate a home made Key lime pie.
Mmmmmmmmmmmmmmmmmmmmmmm


I had ribeye at outback with my wife. I am not a fan of the place but the ribeye was good.
Trade Your Way as Long as It Makes Money!

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Sat Jun 11, 2016 3:33 pm

Kaizen

IMG_20160611_103222.jpg
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#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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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Sun Jun 12, 2016 9:27 pm

Ordered one of these T's

Pretty cool I think.

"Come with me
If you want to LIFT."

ComeWithMe.png
ComeWithMe.png (245.95 KiB) Viewed 111 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

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