The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5635
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 72
Location: Granbury, TX
Gender: Male
Contact:

Re: The ideas that I trade by:

Postby prochargedmopar » Sun Feb 07, 2016 5:10 pm

I'll print out your alphabet table and leave it in my printer along with a couple other M.O. sheets that are there. :-)
...the kids know not to touch em...

I will come back to them in a couple years but in the mean time I'll be looking for my next 1:3+.

HeadDown
#DoWork (Team Do)
Love my life or change it...(JonNorth)
#KillIt (Rich Piana)
#ISMMFT (Its still my mother frickin set) CT Fletcher
#SpaceBalls. (PCM)
#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

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: 5525
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 663
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sun Feb 07, 2016 10:36 pm

prochargedmopar wrote:You said it yourself.
I only have to get lucky
ONCE.


You don't want the 20 year old buying into a cash game kind of luck, you want the Phil Ivey, Daniel Negreanu,
"more often than not" kind of luck.
When a youngster's strategy starts kicking your ass, you need to be willing to rethink and reapply a new strategy
on the fly.
Poker is not cards as trading is not charts; it is the perfection of ideas based on math.

prochargedmopar wrote: Takes a long time to lose a 135% increase @3% a pop.
Luck is our bed parter after the first win+.


Again, how many pips are we talking about to reach 135% at 3% risk?
10 pip stop and a 450 pip target?
(1.35 / 450)1000 = $3.000/pip
20 pip stop and 900 pips?
(1.35 / 900)1000 = $1.500/pip
30 pip stop and 1350 pips?
(1.35 / 1350)1000 = $1.000/pip
Maxing out your leverage it would still take 270 pips
(1.35 / 270)1000 = $5.000/pip

On top of the large targets, you are going to have to make up the pips that you lose 1 for 1, -30 & +30, where as if you were
using the doubling method a 240 pip loss is "only" 30 P$PS.

prochargedmopar wrote:You also said "Dont listen to others"
More is possible


If someone says that it is not possible to get somewhere then you simply respond by telling them that you have a map :lol:

I never said "don't listen to others", what I did say was "listen to others, but trust only yourself".

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5525
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 663
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Mon Feb 08, 2016 6:53 pm

I believe that small targets are superior to large ones, but if this is what you want to do... :lol:

Macro_MM.png
Macro_MM.png (6.18 KiB) Viewed 1099 times

Goonslinger
rank: 50+ posts
rank: 50+ posts
Posts: 65
Joined: Sun Nov 09, 2014 8:20 pm
Reputation: 0
Gender: Male

Re: The ideas that I trade by:

Postby Goonslinger » Mon Feb 08, 2016 7:45 pm

MightyOne wrote:I believe that small targets are superior to large ones, but if this is what you want to do... :lol:

Macro_MM.png


I cannot describe how arousing that table is to me :smt007 =P~
"So let it be written; so let it be done."

User avatar
biggusdickus
rank: <50 posts
rank: <50 posts
Posts: 23
Joined: Tue Oct 07, 2014 5:43 pm
Reputation: 0
Gender: None specified

Re: The ideas that I trade by:

Postby biggusdickus » Tue Feb 09, 2016 7:28 pm

MightyOne wrote:I would love to just use horizontal lines...but I've seen too much to disregard the channels :mrgreen:

NQ 03-16 (60 Min)  2_9_2016tropost.jpg
NQ 03-16 (60 Min) 2_9_2016tropost.jpg (143.63 KiB) Viewed 1540 times


ORIGIN
[img]

If you want to make channels really easy apply the TRO SR indicator. I don't know why it works as well as it does
but it is simply amazing at projecting fractals. Great thread btw.

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: 5525
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 663
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Feb 09, 2016 7:54 pm

biggusdickus wrote:
If you want to make channels really easy apply the TRO SR indicator. I don't know why it works as well as it does
but it is simply amazing at projecting fractals. Great thread btw.


Thanks Biggus :smt023

User avatar
biggusdickus
rank: <50 posts
rank: <50 posts
Posts: 23
Joined: Tue Oct 07, 2014 5:43 pm
Reputation: 0
Gender: None specified

Re: The ideas that I trade by:

Postby biggusdickus » Tue Feb 09, 2016 8:47 pm

MightyOne wrote:If you see price closing above/below 'something' then it is not 'prediction' to say that price will continue in that direction, it is just the current facts.

When people are in a trend that reverses they think 'I had a feeling that it would reverse' &, when it continues, 'I had a feeling that it would continue; they get so caught up in 'prediction' that when they have a string of losses they say 'I have lost my ability to predict'.

You cannot predict, you can only make observations.

Let go of vast charting knowledge and take rest in simplicity, they are both heading in the same direction!

A young man spends his time in books, but an old man has just seen it all before; both claim that they have
knowledge, but the knowledge of one is flawed by lack of experience.


This past week I have been listening to pastor Joseph Prince on the topic of right believing.
In one sermon he talks about how we struggle to produce fruit when we have no power in ourselves to produce anything; all power comes from the vine, we need only rest in the vine and fruit will be produced.

When you struggle to trade take rest knowing that all power to be fruitful comes from the vine!

The more areas in your life where you find rest the greater your fruitfulness :shock:

Learn, grow, prosper.


Wow-
I have read thousands of threads and been kicked off a lot of sites. This is quite possibly the best post I have ever
read. This *is the holy grail. Believing - Trusting and ahem- Loving yourself is what trading is all about.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5525
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 663
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Feb 09, 2016 8:59 pm

biggusdickus wrote:...and been kicked off a lot of sites...


Card counters are welcome here :lol:

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5525
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 663
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Wed Feb 10, 2016 3:56 pm

I remember a world without so many cones...

USDCADecnM15.png
USDCADecnM15.png (44.6 KiB) Viewed 1288 times

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5525
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 663
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Wed Feb 10, 2016 5:12 pm

Everything in neat little windows? No way! :lol:

EDIT: people always look at my channels and tell me that I draw them after the fact...so now I always "have to"
link back to the previous post where I drew them well beforehand. It is not me, it is 15* angles, they are magical :mrgreen:
EDIT2: yes, 15* & scale fix everything!

chaos.png
chaos.png (51.31 KiB) Viewed 1266 times

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


Return to “TheRumpledOne”