ProchargedMopar's Dart Dynasty

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Re: ProchargedMopar's Dart Dynasty

Postby Sacrophage » Wed Jun 15, 2016 5:52 pm

Since you like AJ Long Pro - here's a simple M1 scalp program with D1 agreement - that's +429 pts today so far. The short side (if you had run it as well), was -23 pts. If subjective manual trading isn't working for you, stop dicking around and be objective!
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prochargedmopar
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Wed Jun 15, 2016 6:03 pm

Funny,
Boris is trying to tell Rob about his ham sandwich and the camera pans to a couple of chicks butts.
LOL

#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 » Wed Jun 15, 2016 6:10 pm

aliassmith wrote:
prochargedmopar wrote:
laksh wrote:
Who knows???

If BOJ surprises tonight with easing, you may get your home run by tomorrow morning itself :D

Otherwise, it would not surprise me if it goes to 76 eventually! Remember 28th April run?

What is your SL on that?

I am looking for an orphaned trade on this pair..



I disagree.
AJ will get to the 72 area fairly easily.
I'm looking for mid 60's eventually.

From there a spaceship can be built and I'll be able to live in orbit looking down I mere mortal scalpers using "big" lots. :smt032

72-mid60's.png


If you say 72 for AJ I'll give it a try.


alias
If I was going to ride down to 72 I'd enter @ or near the top of the daily chart channel.
Not here.
#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 » Wed Jun 15, 2016 6:18 pm

laksh wrote:
prochargedmopar wrote:
laksh wrote:
Who knows???

If BOJ surprises tonight with easing, you may get your home run by tomorrow morning itself :D

Otherwise, it would not surprise me if it goes to 76 eventually! Remember 28th April run?

What is your SL on that?

I am looking for an orphaned trade on this pair..



I disagree.
AJ will get to the 72 area fairly easily.
I'm looking for mid 60's eventually.

From there a spaceship can be built and I'll be able to live in orbit looking down I mere mortal scalpers using "big" lots. :smt032

72-mid60's.png


Ah, I was talking about "Near term" scenario!!

IMHO, for price to get to mid 60 levels there has to be some real shock to the global economy, like Brexit taking place, markets panicking followed by global recession. Those levels happened in 2008, which was a major global recession.

So with your current AJ position, are you intending to ride a drawdown till mid 60's, in case it goes there and then add bigger size at that level to ignite your spaceship? If so, wouldn't it be a very expensive spaceship?


These positions do not have stop losses.
M.O. said in another post recently that using big lots is dangerous as price could gap 100's of pips anyway.
So what is the use of a SL? Except maybe to keep yourself honest? LOL

Near term and expensive are both relative terms.
1 day, 1 month, 1 year. ( I have a 10mo. Old at 47 yrs. of age)
$2-$300 worth of drawdown to make $3-5k?
Hmmmmmmm
#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 laksh » Wed Jun 15, 2016 7:31 pm

prochargedmopar wrote:
These positions do not have stop losses.
M.O. said in another post recently that using big lots is dangerous as price could gap 100's of pips anyway.
So what is the use of a SL? Except maybe to keep yourself honest? LOL

Near term and expensive are both relative terms.
1 day, 1 month, 1 year. ( I have a 10mo. Old at 47 yrs. of age)
$2-$300 worth of drawdown to make $3-5k?
Hmmmmmmm


LOL!! I bet, MightyOne did not mean the traders to interpret that statement as not to take losses.

I look forward to MightyOne's reply on your interpretation :wink:

Yes, agree, near term and expensiveness are relative terms. Never the less, I read somewhere that for a day trader near term means two weeks and less. That is what I meant when I used the term -- Near term.

If no SL, do you have some line in the sand, where in, you close the position, if its not going as you envisioned?

Warren Buffet said: "Even a small hole can sink a big ship". I have seen Titanic movie :(

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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Thu Jun 16, 2016 2:57 am

prochargedmopar wrote:
aliassmith wrote:
prochargedmopar wrote:
I disagree.
AJ will get to the 72 area fairly easily.
I'm looking for mid 60's eventually.

From there a spaceship can be built and I'll be able to live in orbit looking down I mere mortal scalpers using "big" lots. :smt032

72-mid60's.png


If you say 72 for AJ I'll give it a try.


alias
If I was going to ride down to 72 I'd enter @ or near the top of the daily chart channel.
Not here.


72 is far away. Up over 100 pips AJ short. Wonder how long I can hold.
Trade Your Way as Long as It Makes Money!

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Thu Jun 16, 2016 3:37 am

The last 3 hrs of a daily candle.
ILLUSION GOT ME.

Screenshot_2016-06-15-22-36-14.png
Screenshot_2016-06-15-22-36-14.png (162.07 KiB) Viewed 177 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 16, 2016 3:40 am

aliassmith wrote:
prochargedmopar wrote:
aliassmith wrote:
If you say 72 for AJ I'll give it a try.


alias
If I was going to ride down to 72 I'd enter @ or near the top of the daily chart channel.
Not here.


72 is far away. Up over 100 pips AJ short. Wonder how long I can hold.


Hehehehhe
I bet not as long as I can hold my loser.
:oops:
#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 » Thu Jun 16, 2016 3:42 am

prochargedmopar wrote:The last 3 hrs of a daily candle.
ILLUSION GOT ME.

Screenshot_2016-06-15-22-36-14.png


I just took a random position because you said its going down :mrgreen:
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Thu Jun 16, 2016 3:44 am

Never know,
This could be a capitulation at the end of a down swing....biggest candle in a while.

Screenshot_2016-06-15-22-43-22.png
Screenshot_2016-06-15-22-43-22.png (154.64 KiB) Viewed 168 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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