The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5335
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 187
Gender: Male

OFF TOPIC

Postby MightyOne » Sat Sep 12, 2015 7:54 pm

The kickstarter doublesix dice are finally shipping!

Backgammon, Craps, etc...no more b*tching about funny rolls! :lol:

doublesix.png
doublesix.png (86.49 KiB) Viewed 2777 times


I have also purchased four custom laser engraved Arimaa
boards from Dave over at the creativecrafthouse.com
For just the board (Arimaa can be played with regular chess pieces)
it cost me $55/ea.
I picked up four Z-MAN sets from Amazon for $15ea, what a steal!
Contact DJ51@aol.com if you want one made for you.

Arimaa.jpg
Arimaa.jpg (251.99 KiB) Viewed 2777 times


I have decided to give this new game TZAAR a try...

each turn you either capture or make yourself taller by stacking 2 high, 3 high, etc so that smaller stacks cannot capture you;
it sounds interesting!
You can find TZAAR on Amazon.com

tzaar.png
tzaar.png (231.55 KiB) Viewed 2777 times

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: 5335
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 187
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Sep 22, 2015 1:59 pm

THIS IS NOT FOR PEOPLE WHO TEND TO NUKE THEIR SPACE 8-[

[SEE NEXT POST]
Last edited by MightyOne on Wed Sep 23, 2015 5:28 pm, edited 4 times in total.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5335
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 187
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Sep 22, 2015 2:37 pm

Chart reading is the easy part:

CHFJPYecnM15.png
CHFJPYecnM15.png (44.23 KiB) Viewed 2629 times

jrtrading
rank: 150+ posts
rank: 150+ posts
Posts: 367
Joined: Mon Dec 01, 2014 9:04 am
Reputation: 7
Gender: None specified

Re: The ideas that I trade by:

Postby jrtrading » Wed Sep 23, 2015 3:26 pm

MightyOne wrote:THIS IS NOT FOR PEOPLE WHO TEND TO NUKE THEIR SPACE 8-[


MO, do you have any tips for those who tend to nuke their space?
Not trying to be funny, just asking because of interest.

Thanks.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5335
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 187
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Wed Sep 23, 2015 5:10 pm

jrtrading wrote:
MightyOne wrote:THIS IS NOT FOR PEOPLE WHO TEND TO NUKE THEIR SPACE 8-[


MO, do you have any tips for those who tend to nuke their space?
Not trying to be funny, just asking because of interest.

Thanks.


Place your space about 8 pips beyond the long term extremes; the hardest double is your first double, you need
a little extra room.

You only survive as long as your units are divisible so keep accumulating.

Don't guess what price might do, guess that it 'should be ok' to normalize your risk to the new price level;
accumulation is placing and trailing stops.

Try to preserve at least 5 pips of space so that all of those units that you have accumulated can re-inflate
your space:
2 units reduced to 1 unit: 10 space
3/1: 15 space
4/2: 10 space
5/2: 12.5 space
etc
A few doubles and you are back in the game.
Make it hard for the market to kill you off.

Think about space and discover new ways to use it...
value it as it is the difference between winning and losing.

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: 5335
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 187
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Wed Sep 23, 2015 5:19 pm

Maximum Space: your maximum stop loss (enter at any price within space).

+$: the money to be made at the waypoint

$min: initial position sizing

#TFB: number of trades to fall backwards to the last waypoint

P%PS: maximum number of pips, after 3 doubles, to reach your target of 21.2%

PS_SpaceWars.png
PS_SpaceWars.png (39.16 KiB) Viewed 2545 times

jrtrading
rank: 150+ posts
rank: 150+ posts
Posts: 367
Joined: Mon Dec 01, 2014 9:04 am
Reputation: 7
Gender: None specified

Re: The ideas that I trade by:

Postby jrtrading » Wed Sep 23, 2015 6:24 pm

MightyOne wrote:
Place your space about 8 pips beyond the long term extremes; the hardest double is your first double, you need
a little extra room.

You only survive as long as your units are divisible so keep accumulating.

Don't guess what price might do, guess that it 'should be ok' to normalize your risk to the new price level;
accumulation is placing and trailing stops.

Try to preserve at least 5 pips of space so that all of those units that you have accumulated can re-inflate
your space:
2 units reduced to 1 unit: 10 space
3/1: 15 space
4/2: 10 space
5/2: 12.5 space
etc
A few doubles and you are back in the game.
Make it hard for the market to kill you off.

Think about space and discover new ways to use it...
value it as it is the difference between winning and losing.


Thanks for this, a lot.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5335
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 187
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sat Sep 26, 2015 5:14 pm

The impossible is just a problem waiting to be solved.

You see price ranging and you think that you cannot safely double your size...you are wrong:

To trade $1/pip you need to be at the [$3.164] waypoint w/ a risk of $41 per trade (1.3%)

In this example, you ended the day with 4 units and 105 space worth +$379 (~12%)
The total profit that you are looking for is $669 which leaves $290 to go; 36.2 pips at 8 units.

At 8 units it is 83.6 pips to +$669.
Even though you are halfway to the target you still want the daily potential to move 83.6 pips.

Had you simply went short 1 unit and passively held to the TP then you would have made $96 (~3%)
& you would have about 579 pips to go...don't waste your time, don't "trade for pips".

But what if instead of going down to profit price broke to new highs after your last double?
Well, you would get stopped out with 4 units and 13.4 space. (4/1) * 13.4 = 53.6 pips or 12.6 more than you started with.

Remember: when you double your size your space is still there, you can simply revert to re-inflate.
If your units are infinitely divisible then your space is infinitely expandable; keep adding size :shock:

There is nothing to fear save doing the same thing as everyone else whilst expecting different results.

GBPUSDecnM15.png
GBPUSDecnM15.png (51.11 KiB) Viewed 2391 times
Last edited by MightyOne on Sun Sep 27, 2015 9:12 am, edited 2 times in total.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5335
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 187
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sat Sep 26, 2015 5:37 pm

I love the moon just as much as any man, but I know that I am likely never going there :wink:

USDCADecnH4.png
USDCADecnH4.png (22.32 KiB) Viewed 2029 times

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11903
Joined: Sun May 14, 2006 9:31 pm
Reputation: 179
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Sun Sep 27, 2015 2:45 pm

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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


Return to “TheRumpledOne”