The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

Sacrophage
rank: 150+ posts
rank: 150+ posts
Posts: 150
Joined: Tue May 17, 2016 8:16 pm
Reputation: 10
Gender: None specified

Re: The ideas that I trade by:

Postby Sacrophage » Thu May 26, 2016 8:30 pm

laksh wrote: Hi Sacrophage,

MightyOne's Space money management idea has the power to take away all the troubles with big size.

My experience: 6 Months ago I used to sweat to trade a size of $10 per pip. I started using space MM (1.5% initial risk and 21.6% way points) since January and at the current stage of my project, my $MAX_SIZE of $79 per pip feels like a pleasant walk in the park.

Even in the worst case if I take a full loss of 39 pips @ $79 per pip, all I lose is 1.5% of last way point balance.

Space MM has been such a boost to my trading psychology, when I reach a way point target it gives me mental ejaculations :-)


Thanks for the encouragement Space Traveler - I will check out your thread to see what you've been up to - I just need to make the same trades I'm already making, albeit with 10X the leverage!

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

Sacrophage
rank: 150+ posts
rank: 150+ posts
Posts: 150
Joined: Tue May 17, 2016 8:16 pm
Reputation: 10
Gender: None specified

Re: The ideas that I trade by:

Postby Sacrophage » Fri May 27, 2016 4:44 am

Maybe next week... on the radar...
Attachments
AUDJPYDaily.png
AUDJPYDaily.png (49.75 KiB) Viewed 460 times

User avatar
Braathen
rank: 500+ posts
rank: 500+ posts
Posts: 612
Joined: Mon Jul 20, 2009 6:21 pm
Reputation: 1
Location: Infront of the PC O_o
Gender: Male

Re: The ideas that I trade by:

Postby Braathen » Fri May 27, 2016 10:19 am

Had some good fun doing these handmade charts this week.. keeps me engaged.
Image
Image

I may not be doing the reversels the right way but meh.. had fun !
Both drawn from the 23rd onwards.. what a diffrence.. the GJ aint even done in this pic :P

Hope everyone had a great week and laksh.. space ejaculations rock :D
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Fri May 27, 2016 11:59 am

Braathen wrote:Had some good fun doing these handmade charts this week.. keeps me engaged.

I may not be doing the reversels the right way but meh.. had fun !
Both drawn from the 23rd onwards.. what a diffrence.. the GJ aint even done in this pic :P

Hope everyone had a great week and laksh.. space ejaculations rock :D


I can't see myself doing anything different:

for_braathen.png
for_braathen.png (125.52 KiB) Viewed 409 times

User avatar
Braathen
rank: 500+ posts
rank: 500+ posts
Posts: 612
Joined: Mon Jul 20, 2009 6:21 pm
Reputation: 1
Location: Infront of the PC O_o
Gender: Male

Re: The ideas that I trade by:

Postby Braathen » Fri May 27, 2016 1:30 pm

MightyOne wrote:
Braathen wrote:Had some good fun doing these handmade charts this week.. keeps me engaged.

I may not be doing the reversels the right way but meh.. had fun !
Both drawn from the 23rd onwards.. what a diffrence.. the GJ aint even done in this pic :P

Hope everyone had a great week and laksh.. space ejaculations rock :D


I can't see myself doing anything different:

for_braathen.png


Thanks for your feed back m8 :D

I think a diffrence would be that your taking x amount of boxes for profit.. adjusting and then re-entering at your "long" markings where
i am holding and adding at these marks trailing my space behind.

When you adjust from lets say 8's to 4's do you change your P&F or is that always done from a pre deteremind size?
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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: 5247
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Fri May 27, 2016 6:26 pm

Braathen wrote:
Thanks for your feedback m8 :D

I think a diffrence would be that you're taking x amount of boxes for profit.. adjusting and then re-entering at your "long" markings where
i am holding and adding at these marks trailing my space behind.

When you adjust from lets say 8's to 4's do you change your P&F or is that always done from a pre deteremind size?


I space the lines so that 16 - 24 of them will equal the weekly median range and I use the high/low of an H3/H4 chart to mark the points.

You do not need to resize your chart, simply line up the "PriceEntry" of the EIGHTS indicator with one of the lines of your P&F chart and trade based on triggers using a small candle chart.

I think that the high/low method is better used on larger charts where the data is already highly compressed.

User avatar
laksh
rank: 50+ posts
rank: 50+ posts
Posts: 111
Joined: Tue Jan 05, 2016 5:11 pm
Reputation: 2
Gender: None specified

Re: The ideas that I trade by:

Postby laksh » Fri May 27, 2016 7:04 pm

Just for guilty fun, I opened a sub trading account with play monies (made a typo with the deposit in GBP, so it came to $465 instead of $500!)

The only goal of this experiment is to achieve a win rate of 90%+ after 10000 manual trades irrespective of equity growth and see if the account growth will still be positive or negative!

Conventional trading wisdom is NOT followed to trade this account. Account is traded mainly on Mobile phone looking at quote list / ticks whilst waiting in a queue in shops/cafes etc.. Max stop loss is 25 pips but kill the trade within 10 pips of loss and TP is a pip or two or whatever!!

Lev - 1:30, will tweak it up to 1:60.

Any projections/comments ??? :-)

2_weeks.PNG
2_weeks.PNG (138.36 KiB) Viewed 316 times

P.S: Pip count is misleading due to a trade of DAX (GER_30) that shows 9 points as 900 pips :-)

John S.
rank: 50+ posts
rank: 50+ posts
Posts: 64
Joined: Mon Jun 19, 2006 12:16 am
Reputation: 0
Gender: Male

Re: The ideas that I trade by:

Postby John S. » Fri May 27, 2016 8:20 pm

C'mon MO, please respond to TRO's request. "Gobbledygook" is what you are famous for! LOL. :D

MightyOne wrote:
prochargedmopar wrote:

So you are saying.
Pattern in a pattern?


I am saying what I have always been saying...
there exists only the breakout and the place of origin.

If you cannot tell the difference between a breakout and a break-in then you are SOL :lol:

TRO wrote: Safer place?
How so?


Hard to explain without using gobbledygook :wink:

Sacrophage
rank: 150+ posts
rank: 150+ posts
Posts: 150
Joined: Tue May 17, 2016 8:16 pm
Reputation: 10
Gender: None specified

Re: The ideas that I trade by:

Postby Sacrophage » Fri May 27, 2016 8:33 pm

Reading Alias' thread... Best MO quote I've seen so far...

"The worst thing that you can do is expose a woman to money :lol:"

User avatar
laksh
rank: 50+ posts
rank: 50+ posts
Posts: 111
Joined: Tue Jan 05, 2016 5:11 pm
Reputation: 2
Gender: None specified

Re: The ideas that I trade by:

Postby laksh » Fri May 27, 2016 8:42 pm

Sacrophage wrote:Reading Alias' thread... Best MO quote I've seen so far...

"The worst thing that you can do is expose a woman to money :lol:"


Ha ha!
There are some Proverbs 31 women in this world though :lol: Hmm, may be more of an exception!!

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


Return to “TheRumpledOne”