The ideas that I trade by:

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prochargedmopar
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Re: The ideas that I trade by:

Postby prochargedmopar » Fri Jun 26, 2015 6:29 am

MightyOne wrote:Happy Father's Day to all of you unfortunate souls who were trapped by a woman :lol:


Never been trapped,
I've always searched them out.
Married 4x,
And the 4th time is the charm.
Think of it this way, 4th double of lot size is better than 2nd.
:shock: Much. LOL

Looks like I've got some catching up to do around here this weekend.
#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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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Fri Jun 26, 2015 8:54 am

prochargedmopar wrote:
MightyOne wrote:Happy Father's Day to all of you unfortunate souls who were trapped by a woman :lol:


Never been trapped,
I've always searched them out.
Married 4x,
And the 4th time is the charm.
Think of it this way, 4th double of lot size is better than 2nd.
:shock: Much. LOL

Looks like I've got some catching up to do around here this weekend.


If you are on your 4th double then hopefully your first wife was anorexic :wink:

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Re: The ideas that I trade by:

Postby prochargedmopar » Fri Jun 26, 2015 3:41 pm

MightyOne wrote:
prochargedmopar wrote:
MightyOne wrote:Happy Father's Day to all of you unfortunate souls who were trapped by a woman :lol:


Never been trapped,
I've always searched them out.
Married 4x,
And the 4th time is the charm.
Think of it this way, 4th double of lot size is better than 2nd.
:shock: Much. LOL

Looks like I've got some catching up to do around here this weekend.


If you are on your 4th double then hopefully your first wife was anorexic :wink:


Bahahahaah,
That's Great.
But you know my trading, I always double DOWN, not up.

Edit,
come to think of it, my first wife lived off Long John Silvers salad's and Diet Dr. pepper,
So I guess she was kinda anorexic. LOL
#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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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Fri Jun 26, 2015 6:01 pm

NZDUSDM15.png
NZDUSDM15.png (50.93 KiB) Viewed 752 times


GBPUSDM15.png
GBPUSDM15.png (41.92 KiB) Viewed 752 times


I was hoping that cadjpy would be able to smash through the bottom of this
mini-channel, but it has just been up and down trading.


CADJPYDaily.png
CADJPYDaily.png (25.07 KiB) Viewed 752 times

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Fri Jun 26, 2015 6:25 pm

This is a nice craps table for only $1000...
your friends could easily pay for the table :wink:

bjcraps.png
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salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Sat Jun 27, 2015 1:29 pm

Nice table...

Unfortunately any gambling in my country is disallow, I can't play with friends :shock: even European Poker Tour is no longer available in Poland. Poland Limits Gambling, Poker to Brick and Mortar Casinos :shock:

Next week maximum leverage available Europe's clients residing in Poland will be not higher than 1:100. #-o

Time to drain bank and move to other country.......
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Sat Jun 27, 2015 7:40 pm

salezyakuku wrote:Nice table...

Unfortunately any gambling in my country is disallow, I can't play with friends :shock: even European Poker Tour is no longer available in Poland. Poland Limits Gambling, Poker to Brick and Mortar Casinos :shock:

Next week maximum leverage available Europe's clients residing in Poland will be not higher than 1:100. #-o

Time to drain bank and move to other country.......


You only need as much leverage as the % that you are targeting to bring
the target to within reach of a daily candle:
13%, 13:1
26%, 26:1
39%, 39:1

1000% is the goal

39%, 39%, 39%, 39%, 39%, 39%, 39% are mini goals that
, through the power of compounding, add up to 1000%

As the %'s come rolling in the size required to reach a mini goal starts
moving in the opposite direction and your size starts to shrink.

A 'cycle' is the tripling of your lot size & every 'trade' is made with the
sole purpose of completing a cycle:

If you have 2 units then your goal is to reach 6 units. If you suffer a loss
of space then you might reduce to 1 unit then increase to 2, 4, and then 6.

Once you reach 6 units then your target is 18 units. You can re-enter with
4 and then increase to 6, 12, & finally 18.

Lets say that you have $10,000 and your goal is to get to $39/pip so that you can
reach $3,900 in 100 pips, this is how you do it:

Start with $0.10 (or $0.20) pips and focus on completing cycles:

$0.10
$0.30
$0.90
$2.70
$8.10
$24.30 <--- but you will probably stop here due to prev. gains reducing the size needed to achieve the goal.
$39.00 <--- 6

$0.20
$0.60
$1.80
$5.40
$16.20
$39.00 <--- 5
--- Notice that the amount of cycles is nearly the same even though you have doubled your initial risk.

"More risk is more risk, more profit is more profit"

Because we normalize our risk, total risk is never greater than initial risk:

If we start with $0.10 pips and 35 space then our total risk is $3.50 / $10,000 or 0.035% or 28 losses = 1%.

After we reach our first mini goal of 39% then it would take (28 * 39) losses to give it back.

This is how a $1000 account grows when using mini targets:

$1,390
$1,932
$2,685
$3,733
$5,188
$7,212
$10,025

But this is what the trader initially sees:

$1002
$1010
$1035
$1080
etc

Maybe they even blow up their space and go back to
$1000
or, heaven forbid,
$998 or even $992!

If that happens then they will surely throw up their hands and call space 'hard'...
then risk $20 on their next trade(!) and say that they are ok with a few (-$40, -$60, -$80!) losses
before a "win".

salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Sun Jun 28, 2015 7:12 pm

Thanks MO, I still working at goals but right now I more focus on basics 8) .
If you can help me one more time with cones....

How you choose cone if more than one looks valid? You select older, younger, more BO or maybe something else?

I marked green and blue. My choice is blue. :oops:
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"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Sun Jun 28, 2015 10:30 pm

salezyakuku wrote:Thanks MO, I still working at goals but right now I more focus on basics 8) .
If you can help me one more time with cones....

How you choose cone if more than one looks valid? You select older, younger, more BO or maybe something else?

I marked green and blue. My choice is blue. :oops:


Once it has been seen it cannot be unseen.

Fractal patterns are real.

EURUSDM15.png
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salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Sun Jun 28, 2015 10:48 pm

Need to buy some kaleidoscope :shock:
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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