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rushN4
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Postby rushN4 » Sat Jan 22, 2011 8:56 pm

MightyOne wrote:
rushN4 wrote:
rushN4 wrote::) here is my first try at using my sword by adding lots.....if it breaks the box low i add 1 lot to my position

Image



MO why does the initial box on your pic not start at 1,33721(my first entry) like in my picture? if someone else understand it let me know....

Image


The first box is how large your pincushion was before the 7/12 entry.



ahh sorry MO....now i see it

Image
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rushN4
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Postby rushN4 » Sat Jan 22, 2011 10:21 pm

MightyOne wrote:
Jalarupa wrote:Image

I hope you can make this all out...

I just closed out half my lots for 100 pips... I have a question...? Have I scaled in correctly for taking half my lots off the table...?


The cleaner the chart the better:





Mo where do you get the 103pip box from for the initial long position?
if i see this right there are 15 lots with 92pip left from the short. You increase your lot size from 15 to 25 on the long trade. This means your box should get smaller not bigger.

or do i understand there something wrong

Image
No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

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MightyOne
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Postby MightyOne » Sat Jan 22, 2011 10:23 pm

rushN4 wrote:
MightyOne wrote:
Jalarupa wrote:Image

I hope you can make this all out...

I just closed out half my lots for 100 pips... I have a question...? Have I scaled in correctly for taking half my lots off the table...?


The cleaner the chart the better:





Mo where do you get the 103pip box from for the initial long position?
if i see this right there are 15 lots with 92pip left from the short. You increase your lot size from 15 to 25 on the long trade. This means your box should get smaller not bigger.

or do i understand there something wrong

Image


:roll: Did the short make any money? :lol:

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rushN4
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Postby rushN4 » Sat Jan 22, 2011 11:30 pm

MightyOne wrote:
rushN4 wrote:
MightyOne wrote:
Jalarupa wrote:Image

I hope you can make this all out...

I just closed out half my lots for 100 pips... I have a question...? Have I scaled in correctly for taking half my lots off the table...?


The cleaner the chart the better:





Mo where do you get the 103pip box from for the initial long position?
if i see this right there are 15 lots with 92pip left from the short. You increase your lot size from 15 to 25 on the long trade. This means your box should get smaller not bigger.

or do i understand there something wrong

Image


:roll: Did the short make any money? :lol:



i think i understand...because we made money on the short before we can recalculate the initial BOX$/risk ....we can buy more lots this way


why im the only one asking questions here? are the other guys so smart? :lol:
No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

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PebbleTrader
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Postby PebbleTrader » Sat Jan 22, 2011 11:37 pm

I did what you did, printed it off and just filled in the details.

I'm away today and don't have my scribbles to compare to yours.
Life is just a journey

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scratty
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Postby scratty » Sun Jan 23, 2011 3:21 pm

probably you are the only one that is close enouth to understand the details, that you are the only one able to ask the right q's :lol:

rushN4 wrote:
MightyOne wrote:
rushN4 wrote:
MightyOne wrote:
Jalarupa wrote:Image

I hope you can make this all out...

I just closed out half my lots for 100 pips... I have a question...? Have I scaled in correctly for taking half my lots off the table...?


The cleaner the chart the better:





Mo where do you get the 103pip box from for the initial long position?
if i see this right there are 15 lots with 92pip left from the short. You increase your lot size from 15 to 25 on the long trade. This means your box should get smaller not bigger.

or do i understand there something wrong

Image


:roll: Did the short make any money? :lol:



i think i understand...because we made money on the short before we can recalculate the initial BOX$/risk ....we can buy more lots this way


why im the only one asking questions here? are the other guys so smart? :lol:
Lose professionally!

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PebbleTrader
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Postby PebbleTrader » Sun Jan 23, 2011 5:16 pm

That is true, it's not so much about asking questions, but asking the right questions :)

Most people want everything laid out on a silver platter for them and when it's not they say "I can't figure this out" or "I don't understand"

Strong vs Weak Language

The following are some examples of words that are generally strong and weak:

Strong:
will
can
must
plan
definitely

Weak:
maybe
trying
possibly
hoping
probably

We must retrain our minds to use only strong language.
Life is just a journey

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bredin
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Postby bredin » Sun Jan 23, 2011 8:07 pm

PebbleTrader,

it is not enough to use strong language :)

example
"I will be a profitable trader"
is a waste of time to tell ourselves since it uses future tense and actually tells our brain "I am NOT a profitable trader."
Instead we must use present tense and say
"I AM a profitable trader"
this forces our brain to make the statement true.

I would recommend everybody go and check out Neuro Linguistic Programming (Richard Bandler and John Grinder) as a valuable resource for changing your brain to be helpful rather than a hindrance... and believe me your brain is a bigger hindrance to you then you could ever possibly imagine :lol:

G.
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spa
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Postby spa » Sun Jan 23, 2011 8:47 pm

bredin wrote:PebbleTrader,
I would recommend everybody go and check out Neuro Linguistic Programming (Richard Bandler and John Grinder) as a valuable resource for changing your brain to be helpful rather than a hindrance... and believe me your brain is a bigger hindrance to you then you could ever possibly imagine :lol:

G.

i know... takes a bit of work tho'.. i will get it done, just typed that and recognized the "will" ..so here goes: I am getting it done :)

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PebbleTrader
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Postby PebbleTrader » Sun Jan 23, 2011 10:04 pm

Bredin, Spa,

:smt023
Life is just a journey

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