The ideas that I trade by:

[pawelklos]

It took me a long time before I realized space wars. Now I can say that this is pure gold. You can win it all without losing anything.

That's what I'm going to play.

Simple and powerful.

Thank you very much MO.

[prochargedmopar]

It took me a long time before I realized space wars. Now I can say that this is pure gold. You can win it all without losing anything.

That's what I'm going to play.

Simple and powerful.

Thank you very much MO.

AMEN!

[newscalper]

It took me a long time before I realized space wars. Now I can say that this is pure gold. You can win it all without losing anything.

That's what I'm going to play.

Simple and powerful.

Thank you very much MO.

That's only true if you say that money, YOUR money, that you have gained as space somehow does not exist i.e. your account gain/loss stays at 0% until you decide a trade sequence has finished. Otherwise, yes you do lose money, every time you lose space you lose money. It's called drawdown. To say otherwise is just a head trick.

[bredin]

newscalper, half of trading is lying to yourself.

the 'mind trick' pawelklos is referring to is incredibly powerful. It stops one from getting attached to the money that is at risk.

The real mind trick is getting yourself to believe that money is real in the first place. If you can somehow learn to believe this lie, then anything else should be easy

G.

[newscalper]

I'd say it's ALL lieing (sp) to yourself. You have to be delusional at best to believe anything in the charts for starters.

[zhaozilong]

[quote="MightyOne"]The ideas that I trade by:

Body in the direction of profit, wick in the direction of loss; if price is closing higher than something
then it is probably not going lower. -MO
/quote]

Hello MO or anyone, can someone show a picture what this means "Body in the direction of profit, wick in the direction of loss" and how it is used in a trade?

also what is the best way to read all the trading ideas of MO?

thank you.

-zhao

[pawelklos]

Hello MO or anyone, can someone show a picture what this means "Body in the direction of profit, wick in the direction of loss" and how it is used in a trade?

also what is the best way to read all the trading ideas of MO?

thank you.

-zhao

No offense.

Use the search on this site and search for posts MO - easiest and fastest way to find answers to your questions.

MightyOne showed us in this forum how to play 1,000 times.

You have to respect his time.

[LittleKnown]

Zhao, try Blind Mouse, Space Wars and the massive NLA, Lukxzline, P/A SR extremes and MOMO, ahmed put up a good way to go through these forums quite rapid by using a URL opener and Excel.

[MightyOne]

When the real body of a candle is closing higher than "something" you have a body in the direction of profit.

A wick is PA counter to the direction of profit.

[aldomcfaldo]

When the real body of a candle is closing higher than "something" you have a body in the direction of profit.

A wick is PA counter to the direction of profit.

MightyOne, can I just use the P&F indicator to draw my "something" lines?

According to Bredin's P&F notes the close of a P&F candle is S or R, does the indicator draw the S and R on the live chart?

Cheers!