The ideas that I trade by:

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Braathen
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Re: The ideas that I trade by:

Postby Braathen » Thu Mar 24, 2016 2:01 pm

Hope everyone is having a good week :D

I was looking at the macro_2_macro chart post on 255.

So to it looks like space just in a more "boxed" way.

If i started at 4x8 at .40. I gain 1 macro (5x8) i then have options.
I can go to 4x8 again with .50
I can be cautious and go to 4x16 with .25
I can be agressive and go to 4x4 with 1.00
And so on.

I think its really cool.

Edit: just noticed Mo explained it in "Three charts" thread..
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Mar 24, 2016 5:17 pm

Braathen wrote:Hope everyone is having a good week :D

I was looking at the macro_2_macro chart post on 255.

So to it looks like space just in a more "boxed" way.

If i started at 4x8 at .40. I gain 1 macro (5x8) i then have options.
I can go to 4x8 again with .50
I can be cautious and go to 4x16 with .25
I can be agressive and go to 4x4 with 1.00
And so on.

I think its really cool.

Edit: just noticed Mo explained it in "Three charts" thread..


I am glad that you like it & I hope that it is more helpful than a list of waypoints and a pat on the back :lol:

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Braathen
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Re: The ideas that I trade by:

Postby Braathen » Thu Mar 24, 2016 5:43 pm

Your previous list of waypoints (21.53%) did more then you know lol.
12 steps to a zero.. and like you said.. after you reach step 2 you know you can do no harm.

I could see it helping my trading with more stacking. That every 1 macro gained there would be a clear cut option for me to take
where as with the way i do space its a more a touch and feel kind if thing.

Pats on the back... maybe if you rubbed my back in a wax on wax off type of deal it could help my trading :D
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Mar 24, 2016 7:21 pm

...I can be agressive and go to 4x4 with 1.00
And so on.


Speaking of aggression, I think that we can get away with a minimum account size of 250 PIPS at each level if 3 out of 5 trades are EIGHTS &/or SIXTEENS.

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laksh
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Re: The ideas that I trade by:

Postby laksh » Thu Mar 24, 2016 7:50 pm

Hi MightyOne,

Was reading an older post by you...

MightyOne wrote: But that is what it takes to reach a million dollars:

ZERO EMOTIONAL ATTACHMENT :shock:


Are there any mind exercises that you can suggest which would help to develop ZERO EMOTIONAL ATTACHMENT to MONEY?

I am thinking of exploring this option: http://wccm.org/content/interview-ray-dalio :-k

Thanks.

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Braathen
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Re: The ideas that I trade by:

Postby Braathen » Thu Mar 24, 2016 8:38 pm

MightyOne wrote:
...I can be agressive and go to 4x4 with 1.00
And so on.


Speaking of aggression, I think that we can get away with a minimum account size of 250 PIPS at each level if 3 out of 5 trades are EIGHTS &/or SIXTEENS.


Ok so by 250 PIPS at each level you mean like at waypoint 1 it would be 250 x 3.2.
I dont get what you mean by 3 out of 5 trades are 8's &/or 16's :oops:
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Mar 24, 2016 8:48 pm

Braathen wrote:
MightyOne wrote:
...I can be agressive and go to 4x4 with 1.00
And so on.


Speaking of aggression, I think that we can get away with a minimum account size of 250 PIPS at each level if 3 out of 5 trades are EIGHTS &/or SIXTEENS.


Ok so by 250 PIPS at each level you mean like at waypoint 1 it would be 250 x 3.2.
I dont get what you mean by 3 out of 5 trades are 8's &/or 16's :oops:


Yes, level one would be $250 x 3.2, but you could still stack higher than that using OPM.

What I meant to say was that, because of the protection from sudden price spikes that the larger macros afford, you can take on what appears to be more risk.

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Braathen
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Re: The ideas that I trade by:

Postby Braathen » Thu Mar 24, 2016 9:17 pm

MightyOne wrote: Yes, level one would be $250 x 3.2, but you could still stack higher than that using OPM.

Yeah i wouldnt have it any other way :wink: and i like how the risk ends up at just over 1.5% 8)

MightyOne wrote:What I meant to say was that, because of the protection from sudden price spikes that the larger macros afford, you can take on what appears to be more risk.


Appears yes, but you would at step 1 only ever be risking 12.8$ .. 4x8 = 32 x.4 = 12.8 or 4x16 = 64x.2 = 12.8 or 4x4 = 16x.8 = 12.8.

So after gaining 1 macro we can trade like we have a 1k account using OPM and still only be risking 12.8$.. space for dummies 101? :lol:

Maybe i missed your point completly.. and i know you already know the math.
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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forexbob
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Re: The ideas that I trade by:

Postby forexbob » Thu Mar 24, 2016 11:55 pm

MightyOne wrote:
salezyakuku wrote:Have fun! Testing in progress...
EIGHTS.png


Thanks Salezyakuku, I still need to find something to open zip files so I can have a look at your version of perfect opens.


i unzip with sevenzip http://www.7-zip.org/

but occasionally you can also unzip online. for example at https://unzip-online.com/en/Zip

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Braathen
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Re: The ideas that I trade by:

Postby Braathen » Sun Mar 27, 2016 10:58 am

Really enjoying how this guy explains stuff like fats and carbs.
He just did a keto vid that i have not had time to watch but im sure its good.

https://www.youtube.com/channel/UCFe8i6 ... vzRR1QOnag
This is his channel
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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