The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
kate682
rank: 50+ posts
rank: 50+ posts
Posts: 52
Joined: Mon Feb 24, 2014 10:21 pm
Reputation: 0
Location: United Kingdom
Gender: Female
Contact:

Re: The ideas that I trade by:

Postby kate682 » Mon Dec 15, 2014 8:46 pm

I just know this is going to be stupid question, but once you have your cones, what do you do with them?
Empirical Trader
Current trade music :- https://www.youtube.com/watch?v=sYQwiNH20mU

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

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Re: The ideas that I trade by:

Postby dojirock » Tue Dec 16, 2014 3:11 am

removed...
Last edited by dojirock on Tue Dec 16, 2014 9:07 pm, edited 1 time in total.
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Dec 16, 2014 6:31 am

ok, Mo...

help please...


That is not the type of question I want to answer in this thread.

Sent you a PM.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Dec 16, 2014 7:47 am

Image

Some pretty accurate line drawing if I do say so myself =P~
Image

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Dec 16, 2014 8:25 am

kate682 wrote:I just know this is going to be stupid question, but once you have your cones, what do you do with them?


The same thing that we do with everything Kate, trade what we see :lol:

Grandpa, the boy asked, how do I know if I caught a fish if I cannot see the hook?
"you will know when the time comes" grandpa said as he dusted the webs off of a can of beer.

A novice trader, like the boy, constantly worries about when he should act & what
he should do when all that he needs to do is wait for the bite and respond to the pull.


Do you like that story?
My friends hate when tell it :evil:

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

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Dec 16, 2014 10:28 am

This 'higher low + higher low breakout' pattern is so common...

Image

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

Re: The ideas that I trade by:

Postby Captain Pugwash » Tue Dec 16, 2014 1:30 pm

very impressive!!

Shame I was at work"

as I always say - "Work is the Curse of the Drinking Classes" :D :D

Image
Attachments
2014-12-16_1326.png
2014-12-16_1326.png (49.69 KiB) Viewed 130 times
"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: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Re: The ideas that I trade by:

Postby prochargedmopar » Tue Dec 16, 2014 2:37 pm

Doji, I will answer by showing space in reverse.

Image

While sleeping I also had a 10,000 unit order filled @95.85 and sl was hit @95.297......

See my perfect buy entry ADD on this chart @95.74?
#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: 5544
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Re: The ideas that I trade by:

Postby prochargedmopar » Tue Dec 16, 2014 2:50 pm

Doji,
One last example of reverse space.
Remember to do opposite of what I say below.

Image

*As price moves against your position add progressively larger lot size any time you feel the need to normalize your reward*

*Oh, and always remember to move your tp closer to current price to also minimize potential gains*

FOR THE SAFETY OF ANYONES ACCT READING THIS...PLEASE DO THE OPPOSITE.
#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: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Dec 16, 2014 6:32 pm

You should start by clicking from MN to your lowest chart, say M5.
Why do we do this?
Because we are placing and trailing a stop loss ('position') on the largest chart of which we have position at an extreme.

I don't know why people don't get this: you are always trading your largest chart.

You can trade the short term chart against the long term chart but at the end of the day(s) one of two things must happen:
1. the large chart complies and bends to you.
2. you comply and bend to the large chart.

No matter what: you are [eventually] always trading your largest chart.

If you were sitting there looking at only the daily chart then how would you trade it?
Guess which extreme you would choose (direction of loss)?

When people argue against extremes I just laugh, the absurdity of the argument is too much for my mind to handle; as If I were one to strive for something in vain, as if there were another path that I am just not seeing.

Trade without the extreme!
Place your stop randomly, according to your entry, within the short term range!
Aim for 1.5:1, and dream of 4:1! =D>
I know your type, you're nothing but fodder; I will eat of the meat you create & get fat on your profits.

When you find a truth hold onto it, dig a moat and guard it, for seeing the way is the holy grail.

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


Return to “TheRumpledOne”