The ideas that I trade by:

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prochargedmopar
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Re: The ideas that I trade by:

Postby prochargedmopar » Mon Jun 29, 2015 3:49 pm

I mean,
I can increase my lot size ONLY if I have made some pips.


Otherwise, more risk is more risk.

If I do make some pips and double lot size and it goes nowhere,. Oopsy.

it sounds like in post above once you have doubled twice that it must go 100 pips to complete sequence.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
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salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Mon Jun 29, 2015 5:27 pm

prochargedmopar wrote:I mean,
I can increase my lot size ONLY if I have made some pips.


Otherwise, more risk is more risk.

If I do make some pips and double lot size and it goes nowhere,. Oopsy.

it sounds like in post above once you have doubled twice that it must go 100 pips to complete sequence.


No, when you add without pips you need reduce space so risk is the same. If you make 50 pips total and add 3 times during those 50 it will be enough to finish cycles faster.
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

seedling
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Re: The ideas that I trade by:

Postby seedling » Mon Jun 29, 2015 6:10 pm

Add to winners, normalise risk.

Cycles, say 50 pip. After how many pips and for what reason enter second $0.1? After how many pips and what reason enter final $0.1 for the scalp?

Next, sl(q) = y, so you need (y - initial risk) from the (q-1) cycle.

What is sl doing as entries are adding? Moving closer to current PA. Beyond the x, hence PA conform or out or whatever.

I think that is it. Could be wrong but that's my view.
"Intention transforms while attention creates." Deepak Chopra

salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Mon Jun 29, 2015 6:51 pm

seedling wrote:Add to winners, normalise risk.

Cycles, say 50 pip. After how many pips and for what reason enter second $0.1? After how many pips and what reason enter final $0.1 for the scalp?

Next, sl(q) = y, so you need (y - initial risk) from the (q-1) cycle.

What is sl doing as entries are adding? Moving closer to current PA. Beyond the x, hence PA conform or out or whatever.

I think that is it. Could be wrong but that's my view.


50 pips was only example.

If you have excel and you can make calculation of big cycles (39%) and mini cycles (to reach 39%) you will see how many pips must price move at different amounts of leverage to reach a 1000%.

I don't think about pips any longer but about goal.

I read this thread 7 times :shock: When I understand that pips no matter as much as my goals I started make progress every day. I always add after retracement, something, somthing else, sometimes I add after hour when price move 0 pips :lol:. I don't look at pips when I add but only what price doing 8) and always normalise risk to protect my space.

Sorry for errors but my mobile on kreslik have some problems with autocomplete.
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

seedling
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Re: The ideas that I trade by:

Postby seedling » Mon Jun 29, 2015 9:43 pm

salezyakuku wrote:...


Hey, I was not asking any questions.

#edit: I see now, the questions in my post were hypothetical, as in don't do me do you!

All the best 8)
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Re: The ideas that I trade by:

Postby MightyOne » Tue Jun 30, 2015 1:22 am

prochargedmopar wrote:You so easily forget that you must make pips to increase your lot size.

How many pips do I need to make to get from 1-2-4?

Good question,
how big was my SL?

Lets show this in PIPS and see if it is legit.


You so easily forget that I do this day in and day out [-X

To make things simple, I have said that space is like placing and trailing stops.

Do you need for price to move in order to move your stop? Of Course not!
Is the image of a trailing stop the complete picture of space? No, but it is a good start.

Space is to size as heads is to tails.

A pip is a unit of risk, a unit of risk is a unit of space, & the sum of space is the sum of risk.

If I am trading at $100/pip and price moves 1 pip then how many units of risk were gained?
If my smallest size is $0.10/pip then I have gained 1000 units of risk.
So have I made 1 pip or 1000? In truth I have made both 1 & 1000 units of risk for as much as
my size is divisible space is expandable & as much as my space is divisible size is expandable.

Now which is more important, distance or mode of transportation? If you are ET and you have
to ride your bike to a distant planet then you will heavily focus on pips, however, if your buddies
bring their space ship then you don't give a damn about distance...I hope that you can see where
I am going with this :roll: SIZE is the mode of transportation.

Pips are flexible units of risk, whether you make them or break them is irrelevant. What matters
is that you accumulate so that smaller movements consume more space and bring your target to
within reach (even as a space ship might fold space to reach its destination).

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Re: The ideas that I trade by:

Postby MightyOne » Tue Jun 30, 2015 2:07 am

Hopefully you have been paying attn, hopefully I don't have to show you every cone as if they are invisible :lol:

You know what a cone looks like, that sharp breakouts are not part of the conal body, that breakouts define cones, & even that charts reuse angles (how wonderful).

Many of you have seen this price action 10,000 times and you still want to ask me what it means...have a little faith in yourself man! Growth takes time.

I am going to have to adjust the channels to the location of the new cone. I'll let you figure out how to do that based on my previous posts:

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Re: The ideas that I trade by:

Postby prochargedmopar » Tue Jun 30, 2015 3:31 pm

I have only glanced @your previous cones BUT,

Drawing channel lines doesn't seem to do much for my brain.

what-use.png
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If the market is going up, continuously buy/reduce space. Nothing more is really needed is there?
If the market is going down. WAIT. (unlike N/U trade)
#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 » Tue Jun 30, 2015 4:45 pm

If the market is going up, continuously buy/reduce space. Nothing more is really needed is there?...


You cannot expect to trail a stop all the way to your target; the market does not move straight up or straight down.

Therefore one accumulates what one can and then starts anew at an extreme and accumulates as before.

There shall come a time when, having acquired adequate transportation, one makes a final stand on a long
term chart.

Believe thou this?

Then be healed of your dollar spewing infirmity :wink:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Jun 30, 2015 6:20 pm

I have only glanced @your previous cones BUT,

Drawing channel lines doesn't seem to do much for my brain.


Lines are not drawn/written, they are seen, but when they are drawn it is that another might
see the same thing.

Place an obstacle in the direction of profit and the path is blocked, but place it behind you
and there is nowhere to go but forward.

You cannot bring your will to the triangle, you have to let it bring its will to you; write and your world will fall apart, read and
everything will come together.

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