Still trying to decide if TRO is for real

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bettlebox
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Postby bettlebox » Sat Oct 15, 2011 4:23 pm

TRO methods are solid but alot people make basic mistakes. One of key basic mistake i made over and over again was not managing my trading. Losing money. This is example i tried to make as simple as i can ,not talking about lot sizes, just values and pips.

If you manage your trades and combine it with TRO methods, you will see.

Never give up no matter what.
BB

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BB
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

orion pax
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Postby orion pax » Mon Oct 17, 2011 5:12 pm

Geezer and BB, you have both been very helpful. I will study this info and proceed with my journey! Again, thank you very much!

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TheRumpledOne
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Postby TheRumpledOne » Thu Oct 20, 2011 12:02 am

BeetleBox... Nice explanation but...

WHY WERE YOU LATE ON YOUR ENTRY?

The RAT REVERSAL ENTRY was 3 candles BEFORE candle A!!


DRAIN THE BANKS - LIKE A RAT

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

7) If the rules do not mention it, then it is of no concern.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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bettlebox
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Postby bettlebox » Tue Oct 25, 2011 3:32 pm

lol Not sure what i was thinking there :oops: it wasnt a live trade by the way. I was just using chart as example of possibilities of managing a trade. Combine with your methods. But yes absolutely right.



TheRumpledOne wrote:BeetleBox... Nice explanation but...

WHY WERE YOU LATE ON YOUR ENTRY?

The RAT REVERSAL ENTRY was 3 candles BEFORE candle A!!


DRAIN THE BANKS - LIKE A RAT

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

7) If the rules do not mention it, then it is of no concern.
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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