The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5338
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 189
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sat Feb 27, 2016 8:51 pm

Braathen wrote:You dont have to reduce your unit size if you lose space.
If from a 1000$ you make it to step 1 risking 1.5% you can lose 14 times in a row before you are back at 1000$.
If you sit down and trade live and lose 14 times in a row you will learn something :D win win.

If you find yourself in between steps there are plenty of ways to get yourself back to step X quickly.
I would love to hear MO's idea on that btw.
I personally like to just find what % i need to get back and trade from $min to reach it.
Sometimes i am a bit ballsy and just trade like i was still in the previous trade.


Lots of fun to be had and when you fail.. learn from it :D


If you want to be really cautious then after two losses you can use the last waypoint with a target
that is 2/3 normal size (48 pips).

Using this:
Regression after Gain:
(% to waypoint / set pip target)Currentwaypoint = $/pip

If your account fell from $1,211.53 to $1,175.12 then you have lost about 3%
(.03 / 48)1,000 = $max of .625/pip.
After about 4.8 more losses your target will increase from 48 to 72 "big pips".
Once you are back up to $1,211.53 then your $min is $.444 and your $max is $3.559.

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

User avatar
Jalarupa
rank: 1000+ posts
rank: 1000+ posts
Posts: 1163
Joined: Tue Feb 23, 2010 5:50 pm
Reputation: 28
Location: South Africa
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby Jalarupa » Sun Feb 28, 2016 4:10 pm

Thanks for the math lesson MO, I'm going to excel the s**t out of this! penny starting to drop, intuition makes sense... Thanks huge help laying it out like that
Feed my will to feel this moment urging me to cross the line.
Reaching out to embrace the random.
Reaching out to embrace whatever may come.

I trade using <<FX SYNERGY>>

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5338
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 189
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Mon Feb 29, 2016 1:29 am

A tick-chart BUY-ZONE option? CHECK!

Tick Chart BZ.png
Tick Chart BZ.png (13.41 KiB) Viewed 738 times


EDIT: I'm working out some kinks in the code :wink:

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5338
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 189
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Mon Feb 29, 2016 3:00 am

Alright, I am satisfied...for now. :)

BZ_MODIFIED_CODE.png
BZ_MODIFIED_CODE.png (35.22 KiB) Viewed 704 times

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5338
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 189
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Mon Feb 29, 2016 8:20 pm

I am currently working on a timer for the random price Buy-zone.

If you want a new open every 1 day, 2 hours, and 3 minutes, from a random (or non-random) price, then it will do that.

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

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5587
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 18
Location: Granbury, TX
Gender: Male
Contact:

Re: The ideas that I trade by:

Postby prochargedmopar » Mon Feb 29, 2016 10:39 pm

MightyOne wrote:I am currently working on a timer for the random price Buy-zone.

If you want a new open every 1 day, 2 hours, and 3 minutes, from a random (or non-random) price, then it will do that.


I will randomly sit down at my charts and call it the open.

Bout 40x a day should do.
=P~
#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

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5338
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 189
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Mar 01, 2016 8:50 am

I don't even want to hear what I have to say :lol:

So I'll just let the picture do the talking...

MO_LOGIC.png
MO_LOGIC.png (15.7 KiB) Viewed 428 times

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5338
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 189
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Mar 01, 2016 9:42 am

MIDPOINTS

Left to right we have:
1) first second to 1 hour
2) first second to 1 day
3) first second to 1 week
4) would be the same as #2 so I changed it to show the mp of last month.

Hour, day, week, month.

buy_zone_mp.png
buy_zone_mp.png (72.8 KiB) Viewed 413 times

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5338
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 189
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Mar 01, 2016 10:23 am

I should mention that all things BZ related, in this thread, are just ideas.

They are not the "ideas that I trade by" as the thread suggests.

I find that it is easier to just focus on a stop loss, risk-box, and price moving in the direction of profit.

It is mostly about MM, not entry points.

User avatar
Rangoban
rank: <50 posts
rank: <50 posts
Posts: 12
Joined: Fri Feb 07, 2014 11:34 am
Reputation: 0
Location: Germany
Real name: Reinhold
Gender: Male

Re: The ideas that I trade by:

Postby Rangoban » Tue Mar 01, 2016 11:34 am

Seems you are never bored, MO.
I remember seeing one of your custom candle charts for the first time. I immediatley closed the chart and had a headache for at least two days. It looked like science and I felt a lot anxiety, thinking that without such charts I would never be able to trade. :oops:

edit: Why do I always feel bad when posting? That must be a brain thing.
Attachments
1r9kpi.gif
1r9kpi.gif (24.97 KiB) Viewed 884 times

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


Return to “TheRumpledOne”