The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5248
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Sun Nov 16, 2014 11:54 pm

prochargedmopar wrote:
Image


Image

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Sun Nov 16, 2014 11:55 pm

Capt.
Thankyou for the "quote" lesson on posting discrete pics.
Very helpful.

Arrows point to subtle/hidden momo.
Image
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Nov 17, 2014 12:18 am

The most recent 2 down Mo bars looked pretty convincing as did the most recent 2 up Mo bars.
BUT.

Image
#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

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5248
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Mon Nov 17, 2014 12:39 am

prochargedmopar wrote:The most recent 2 down Mo bars looked pretty convincing as did the most recent 2 up Mo bars.
BUT.

Image


Image

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5248
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Mon Nov 17, 2014 12:52 am

Instead of freaking you out with the word 'fake' I could probably say that there are 3 types of momo:

1. The momo that closes over 'something' to start a trend.

2. The 'wickdoll momo' or momo reversing into S/D

3. 'End of Trend' momo that creates a level of profit taking.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Nov 17, 2014 4:33 am

MightyOne wrote:Instead of freaking you out with the word 'fake' I could probably say that there are 3 types of momo:

1. The momo that closes over 'something' to start a trend.

2. The 'wickdoll momo' or momo reversing into S/D

3. 'End of Trend' momo that creates a level of profit taking.


Yes, there are no 'fake' moves.
There is no such thing as a stop run either.


They are filling orders of willing and grateful traders.
Remember, you said that we get what we expect.
e.g. Move stop to b/e.
We become happy as a lark when we get pipped out. (whether we realise it or not)
:)
#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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Nov 17, 2014 4:45 am

prochargedmopar wrote:
Image


Price is still closing below
"Something"
:evil:

Image
#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

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5248
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Mon Nov 17, 2014 5:36 am

We do not define what we should do by the result of a trade but by simple truths.

The only option was to go short with something as the low extreme was way down there ~115.30.
Unless you were very fast, you would have to have taken a BOx trade short from ~116.57

The simple truth, not based on results.

User avatar
Captain Pugwash
rank: 150+ posts
rank: 150+ posts
Posts: 403
Joined: Wed Sep 14, 2011 7:59 am
Reputation: 0
Location: Insanitary Industries
Gender: Male

Postby Captain Pugwash » Mon Nov 17, 2014 7:10 am

aliassmith wrote:
Captain Pugwash wrote:
aliassmith wrote:
Captain Pugwash wrote:
aliassmith wrote:
MightyOne wrote:How do you reach unrealistic profit targets?
By clicking the 'buy-buy-buy' button & normalizing risk of course!

Hit a target, get out, reset space, move on to the next.

By 'target' I simply mean the point at which I reset my space; it is not just one trade that is held to a target.

It is easier than it looks :)


# of targets to +1 Zero:
33.4%: 08
58.5%: 05
115.5%: 03

Example:
3 Targets of +115.5%

$2000 - $4310
$4310 - $9288
$9288 - $20015


Did you pick 8,5,3 for a specific reason?


Its a fibonacci sequence - but I am also lost :oops:


i noticed that after i posted.
i understand it perfectly, but wonder if there is a reason for that choice


Sorry Aliassmith - deduct the word "also" from me post :)

I didn't understand it at all - but now i have something to work on :)


MO language

+1 zero is 10x your account

33.4% is target based on current account size

08 is the number of cycles per year needed to hit the target
to make 10x your account


There's some lovely, concise translation work you've done there aliassmith - I did manage to work out the top one - the easy one.

Thanks

Only now I cant help wondering just what math MO used to work out the percentage required to add a zero in 21 - I don't want the answer - just the formula :) :)

(And it's not even important - just, as I'm not naturally gifted at math - I still like to know how its done)
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Nov 17, 2014 7:47 am

MightyOne wrote:Instead of freaking you out with the word 'fake' I could probably say that there are 3 types of momo:

1. The momo that closes over 'something' to start a trend.

2. The 'wickdoll momo' or momo reversing into S/D

3. 'End of Trend' momo that creates a level of profit taking.


1. Breakaway gap (nobrainertrades.com)
2. Vacuum test of range (Albrooks.com)
Happens near top/bottom of broad channels and ranges all the time. 80% fail.
3. Capitulation (Wyckoff, Baghdady, )
This leads to large channels and ranges

M.O.
You have a very unique way of describing market action that's for sure.
Not many others tell us to build positions, very few.
And I've heard NONE say to use OPM. they all think it's there's when still in the unrealized profits column. Let alone the "RISK" side of ledger.

A very unique guy you are. I'm thankful for your mind opening ideas whether I've been able to use them yet or not.
I'm working toward that end.
Breakeven is NOT a goal. M.O.
But SpaceBalls is. :)
#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

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”