Space Wars

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Belkin
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Postby Belkin » Tue Nov 22, 2011 2:14 am

MightyOne wrote:I am not sure which picture you referring to...

I don't really check the posts on K-lik as often as I have in the past.


The forum, and the good topics have been really quiet for a good while.

It would be nice to get things going on again.

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PebbleTrader
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Postby PebbleTrader » Tue Nov 22, 2011 6:20 am

Hope you have been well and enjoying yourself MO.
Life is just a journey

A-GAME
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Postby A-GAME » Thu Feb 16, 2012 9:45 am

Ive been trying to understand this concept but it seems im missing something. Ill keep looking at the screen shots until i get it. Thanks MO.

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TygerKrane
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Postby TygerKrane » Fri Feb 17, 2012 2:52 pm

A-GAME wrote:Ive been trying to understand this concept but it seems im missing something. Ill keep looking at the screen shots until i get it. Thanks MO.

I humbly submit the following: (Please read in order)

http://kreslik.com/forums/viewtopic.php?p=59977#59977

http://kreslik.com/forums/viewtopic.php?p=60343#60343

http://kreslik.com/forums/viewtopic.php?p=60344#60344

http://kreslik.com/forums/viewtopic.php?p=60347#60347

http://kreslik.com/forums/viewtopic.php?p=60350#60350

http://kreslik.com/forums/viewtopic.php?p=60351#60351

[hr][hr][hr][hr]
To everyone else, yes I'm still about, been retardedly busy, haven't been able to trade nor update my log, but still ever watching the markets...

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

A-GAME
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Postby A-GAME » Fri Feb 17, 2012 5:06 pm

Thank you TygerKrane that will be a big help. I keep thinking i have it, then i run some numbers and it doesnt make sense anymore.





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MightyOne
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Postby MightyOne » Sun Feb 19, 2012 3:56 am

Dawid wrote:Hi MO,

You wrote: "The best trades are when price is closing higher/lower than something & you just trade in the direction of the closes"

But how and where I should determine this something"?
What should I do if market is ranging?

Regards,
Dawid


First search your mind for ideas & if that doesn't work then move to a higher time frame.

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prochargedmopar
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Postby prochargedmopar » Mon Feb 20, 2012 1:05 am

MightyOne wrote:
Dawid wrote:Hi MO,

You wrote: "The best trades are when price is closing higher/lower than something & you just trade in the direction of the closes"

But how and where I should determine this something"?
What should I do if market is ranging?

Regards,
Dawid


First search your mind for ideas & if that doesn't work then move to a higher time frame.



then move to a higher time frame.
Classic, noobs sooooooo miss the simple truth's. I know why.
#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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kate682
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Postby kate682 » Mon Nov 10, 2014 1:53 pm

Hi MO, and everyone.

This is my understanding, about the initial rationale. (I need to put things into simplicity in order to work them through) Would appreciate someone letting me know whether I've got it right.

SpaceWars:

Ignition:-

Example. Account size $1000, risk 1.5% = $12, Pincushion box size is 30 pips, giving $.40/pip size.

My simple pincushion rationale is that I am potentially paying $12 for my space.
If I close $.20 of my position, my space becomes 60, if I add $.40, my space becomes 15?


Regards
Kate
Empirical Trader
Current trade music :- https://www.youtube.com/watch?v=sYQwiNH20mU

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MightyOne
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Postby MightyOne » Mon Nov 10, 2014 3:13 pm

kate682 wrote:Hi MO, and everyone.

This is my understanding, about the initial rationale. (I need to put things into simplicity in order to work them through) Would appreciate someone letting me know whether I've got it right.

SpaceWars:

Ignition:-

Example. Account size $1000, risk 1.5% = $12, Pincushion box size is 30 pips, giving $.40/pip size.

My simple pincushion rationale is that I am potentially paying $12 for my space.
If I close $.20 of my position, my space becomes 60, if I add $.40, my space becomes 15?


Regards
Kate


1.5% of $1000 is $15. 15 over 30 is $0.50.

If each lot is $0.10 then you would buy 5 lots, if $0.15 then 3 lots, & if $0.08 then 6 lots. (1 / .8) * 5 = 6, (1 / 1.5) * 5 = 3

The other option is to buy as if each lot were $0.10 and reduce/expand space by multiplying space instead of lots:
(1 / 1.5) * 30 = 20.0 space
(1 / 0.8) * 30 = 37.5 space

The formula for space is (startingSize / endingSize) * space

You have 4 units and reduce to 2: 4/2 * 30 = 60
You have 2 units and increase to 6: 2/6 * 60 = 20
Your unit size is 6 & your space is 20.

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