The ideas that I trade by:

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Karma
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Postby Karma » Wed May 08, 2013 6:11 pm

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More and more in times like these I see that I can't see anything

The more I know that I don't know what's coming next

all I can do is make sure it's cheap when I'm wrong

and worth it when I'm not

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xXx
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Postby xXx » Thu May 09, 2013 7:58 am

The whole idea of injecting profits started to make sense when was put into a spreadsheet.

Injecting profit in an ideal world... :smt003 :smt117




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trueblueTEX
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Postby trueblueTEX » Thu May 09, 2013 11:45 am

xXx wrote:The whole idea of injecting profits started to make sense when was put into a spreadsheet.

Injecting profit in an ideal world... :smt003 :smt117
]


Hey xXx, I can easily see what it is going on with the growth on the left side of your pic and how it relates to your starting capital.

I still can't see it on the right side, though. I know you're tripling the profit each time but I don't see how that could be happening if all you are risking is 6% per trade.

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xXx
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Postby xXx » Thu May 09, 2013 12:10 pm

trueblueTEX wrote:
xXx wrote:The whole idea of injecting profits started to make sense when was put into a spreadsheet.

Injecting profit in an ideal world... :smt003 :smt117
]


Hey xXx, I can easily see what it is going on with the growth on the left side of your pic and how it relates to your starting capital.

I still can't see it on the right side, though. I know you're tripling the profit each time but I don't see how that could be happening if all you are risking is 6% per trade.


On both sides I am looking for trades with RR at least 1:3.
My interpretation is that you risk 2% on initial 1000 GBP which is 20.
And then with we inject all the profits into the next trades.

I also have made a spreadsheet with Bredin's version (I hope he agrees with that) of Space Wars where you but aside certain % of your profits.

Column 1 - Column 3 from the row above x 3 (RR 1:3)
Column 2 - % of column 1 (money put for the rainy day)
Column 3 - Column 1 - Column 2
Column 4 - Total of money saved in Columns 2

Then if you fail after x times you add the total from Column 4 to your starting capital and we start from the beginning...

I may be wrong but this is how I see it. 8)



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trueblueTEX
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Postby trueblueTEX » Sat May 11, 2013 3:54 am

xXx wrote:.....On both sides I am looking for trades with RR at least 1:3.
My interpretation is that you risk 2% on initial 1000 GBP which is 20.
And then with we inject all the profits into the next trades....

OK, so in the left hand side, you are risking the amount in your "2%" column. Whereas in the right hand side, you are risking the amount in your column 1 after your first win of 60 in which you risked just 2% for that trade.

I think I finally get the inject profit thing.

Thanks, xXx!!

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Karma
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Postby Karma » Tue May 14, 2013 6:09 pm

Injecting profit is highly profitable within reason

if used constantly you open yourself up to losing all of your gains on a mistake

Aiming to make the same trade over and over again until it works out can turn into monumental gains if you liquidate and reopen it at a retracement everytime the move doesn't complete. Because when you risk your gains with your bias and it goes your way, thats when they need the tool to push all the chips your directions

As far as intelligent risk goes, theoretically so long as you are making gains and trading higher than your high water mark. you'll always be risking X% of your profit from the last trade
"Profit is found in a thinking mind. If you come to this . . . with pen and paper in hand then you will fail to find the beauty that exists within yourself." - MightyOne

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slingblade
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Postby slingblade » Mon Jun 10, 2013 5:29 pm

64352o83647o573264.

edit: sorry, my kid got on my computer.
Last edited by slingblade on Fri Jun 21, 2013 7:05 pm, edited 1 time in total.

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Postby Neo88 » Fri Jun 14, 2013 10:36 am

Something I've been working on :

Image


Screw it up when took full liquidation at 97ish should have thrown a limit order at 96 instead, on the next wave I managed to drop my position from the highs to around 100 by doubling down at 97 which worked really nice

I am out now but I still see it going down to 93, looking for an entry on small charts.
A man must believe in himself and his judgment if he expects to make a living at this game. - Jesse Livermore

Karma
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Postby Karma » Fri Aug 16, 2013 4:00 pm

Happy national rum day ladies and gentlemen

:twisted:
"Profit is found in a thinking mind. If you come to this . . . with pen and paper in hand then you will fail to find the beauty that exists within yourself." - MightyOne

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Postby newscalper » Fri Aug 16, 2013 5:56 pm

Karma wrote:Injecting profit is highly profitable within reason

if used constantly you open yourself up to losing all of your gains on a mistake

Aiming to make the same trade over and over again until it works out can turn into monumental gains if you liquidate and reopen it at a retracement everytime the move doesn't complete. Because when you risk your gains with your bias and it goes your way, thats when they need the tool to push all the chips your directions

As far as intelligent risk goes, theoretically so long as you are making gains and trading higher than your high water mark. you'll always be risking X% of your profit from the last trade

Until your run of luck ends on the last trade in the sequence and you lose the lot. It'll only work if there is an x% gain target and at that point you stop, put the space onto the capital side of the ledger and start accumulating again.

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