a good opportunity, the transaction of daily extreme,
Fast motion, I would not know how to make double on it.
Some theoretical suggestions?
Cook rice and chicken breast, tasty, cheap and fast
The ideas that I trade by:
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Re: The ideas that I trade by:
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Re: The ideas that I trade by:
a good opportunity, the transaction of daily extreme,
Fast motion, I would not know how to make double on it.
Some theoretical suggestions?
Cook rice and chicken breast, tasty, cheap and fast
Fast motion, I would not know how to make double on it.
Some theoretical suggestions?
Cook rice and chicken breast, tasty, cheap and fast
- Attachments
-
- GBPUSDM30.png (43.17 KiB) Viewed 3363 times
- aliassmith
- rank: 5000+ posts
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Re: The ideas that I trade by:
MightyOne wrote:KETO POST
I need to improve my diet, I can't just eat eggs & burgers every freekin day
My first thought was to acquire a lady-friend & have her prove her worth in the kitchen
but then I remembered how each time it threw my psychology off balance resulting in a spiral of
poor decisions
So I opted instead for a Wolfgang Puck pressure oven
Well sir keto diet can work but a balanced diet and
some exercise is better imo. Once you get past your
allergic reaction to sweating its not bad.
Trade Your Way as Long as It Makes Money!
Re: The ideas that I trade by:
...Once you get past your
allergic reaction to sweating its not bad.
Re: The ideas that I trade by:
Hello MightyOne, can you please direct me to where I can get all the indicators and templates used in your system. And if there is a PDF explaining the rules of your system.
Thank you so much for your help.
HZ
Thank you so much for your help.
HZ
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- Jalarupa
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Re: The ideas that I trade by:
If only it was that easy....
Re: The ideas that I trade by:
haszar wrote:Hello MightyOne, can you please direct me to where I can get all the indicators and templates used in your system. And if there is a PDF explaining the rules of your system.
Thank you so much for your help.
HZ
Indicators:
I use a candle chart where the open price = prev. close. & I use TRO2014_HTBL_Zone aka the "wick-zone" indicator.
Analysis:
The willingness of price to stay above/below a line.
Logic.
Stops:
Ideally at 2+ day extremes and no larger than 40 pips.
They are only moved to normalize risk.
Trigger:
Any price within your "risk space" so long as your trades are in the direction of profit; price is above 'something' for longs or below 'something' for shorts.
When using wick-zones, the WZ trigger must be within space.
Accumulation:
Attempt to double your position size prior to taking profit & initiate the next trade at the larger size.
After you double your size you halve your space.
Short term Target:
it is usually best to liquidate after a tall candle, steep trend, close over a line and in the direction of loss.
Long term Target:
At +21 to 26% revert to minimum size (0.8% over 40 pips).
Re: The ideas that I trade by:
I have updated the min/max position sizes for the waypoints.
If you have a $1.500 account then start at the $1.468 waypoint with 3 units
& accumulate to 35 units.
When you reach the $1.779 waypoint then stay there until you hit $2.155 or
fall backwards to $1.468 (how did you lose 22 trades...how? ).
Everything is based on a maximum risk space of 40 pips (0.8% risk per trade):
If you have a $1.500 account then start at the $1.468 waypoint with 3 units
& accumulate to 35 units.
When you reach the $1.779 waypoint then stay there until you hit $2.155 or
fall backwards to $1.468 (how did you lose 22 trades...how? ).
Everything is based on a maximum risk space of 40 pips (0.8% risk per trade):
- prochargedmopar
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Re: The ideas that I trade by:
MightyOne wrote:I have updated the min/max position sizes for the waypoints.
If you have a $1.500 account then start at the $1.468 waypoint with 3 units
& accumulate to 35 units.
When you reach the $1.779 waypoint then stay there until you hit $2.155 or
fall backwards to $1.468 (how did you lose 22 trades...how? ).
Everything is based on a maximum risk space of 40 pips (0.8% risk per trade):
If I have a maximum risk space of 40 then that means I am trading @2:1 reward to risk with an 8 mp target.
Not gonna happen. Too many loses and no wiggle room when trading a daily chart only.
10 mp is minimum.
Lets recalculate for Macro pippers and real world traders and not hypothetical day traders.
I aint got time for that and 99 out of 100 aint got the skilz to do it.
H1 chart,? Bah humbug.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- aliassmith
- rank: 5000+ posts
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Re: The ideas that I trade by:
prochargedmopar wrote:MightyOne wrote:I have updated the min/max position sizes for the waypoints.
If you have a $1.500 account then start at the $1.468 waypoint with 3 units
& accumulate to 35 units.
When you reach the $1.779 waypoint then stay there until you hit $2.155 or
fall backwards to $1.468 (how did you lose 22 trades...how? ).
Everything is based on a maximum risk space of 40 pips (0.8% risk per trade):
If I have a maximum risk space of 40 then that means I am trading @2:1 reward to risk with an 8 mp target.
Not gonna happen. Too many loses and no wiggle room when trading a daily chart only.
10 mp is minimum.
Lets recalculate for Macro pippers and real world traders and not hypothetical day traders.
I aint got time for that and 99 out of 100 aint got the skilz to do it.
H1 chart,? Bah humbug.
Oh I love the H1 chart.
BTW with your macro pips you keep doing what you
do but you increase your units like 500, 1000, 2000.
20 cents times 100pips is $20 risk when you have enough
space. $20 is 4% of $500 account. You can go a step
farther with $40 of space and goto 4000 units and you'll
need 18 macro pips to get to your goal of 22% and start
over.
So your pip value in units starts being equal to your account
size. Then double when you have enough space 3 different
times.
Thats real world!
Set your stoploss.
Don't add to losing trades.
Trade Your Way as Long as It Makes Money!
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