The ideas that I trade by:

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prochargedmopar
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Re: The ideas that I trade by:

Postby prochargedmopar » Sat Dec 24, 2016 8:47 pm

Jalarupa wrote:My Car... Until Tesla comes to South Africa...

https://www.hyundaiusa.com/tucson/index.aspx


I never knew a Hyundai could cost 45 grand.
Insane for a cracker box.

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#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

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Mira
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Re: The ideas that I trade by:

Postby Mira » Sun Dec 25, 2016 2:05 pm

Merry Xmas to everybody!

Stocks earnings can gap price very far but the risk is to "lose 20 pips every 5".. do you ever thought about it?

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Sun Dec 25, 2016 5:29 pm

Mira wrote:Merry Xmas to everybody!

Stocks earnings can gap price very far but the risk is to "lose 20 pips every 5".. do you ever thought about it?



I do not trade stocks, but Alias might comment on that.

So the question is whether or not I worry about price gapping past my stop loss?

I think that a previous post has confused you...

...your risk, "your money", is going to be around -1% if/when price reaches your stop loss.
the total amount that you are going to lose per line as price crosses your stop is based on
your position size:

01: .1%/line
02: .2%
03: .3%
04: .4%
05: .5%
06: .6%
08: .8%
10: 1.0%
13: 1.3%
17: 1.7%
22: 2.2%/line

How scary this is depends on how fast you are adding size and what that total size is...:
3/9: -2/3 space, stop moves up to the 33% ret, .9% per line.
3/6: -1/2 space, stop moves up to the 50% ret, .6% per line.
3/4: -1/4 space, stop moves up to the 75% ret, .4% per line.
3/3: same space, stop stays at the 100% ret, .3% per line.
...It also depends on whether you sold a pattern or a breakout & whether or not you are
trading a large period or a small one:

if we are talking M5-H1 lines then each line is about 4 pips & price gapping 60 pips past your stop will result in
a loss of 15 lines.
H4: -7.5 lines
D1: -3.75
W1: -1.875
MN: 0.937

If you are really worried then you should either withdraw profits or trade based on a fixed amount.

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Mira
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Re: The ideas that I trade by:

Postby Mira » Mon Dec 26, 2016 11:52 am

I'm a little slow but it's getting clear. :D
When you say "stop moves up".. are you saying i have to cut lines of x% ret?
10 lines = 3 lines at risk (normalized) when 3/10?



MightyOne wrote:
Mira wrote:Merry Xmas to everybody!

Stocks earnings can gap price very far but the risk is to "lose 20 pips every 5".. do you ever thought about it?



I do not trade stocks, but Alias might comment on that.

So the question is whether or not I worry about price gapping past my stop loss?

I think that a previous post has confused you...

...your risk, "your money", is going to be around -1% if/when price reaches your stop loss.
the total amount that you are going to lose per line as price crosses your stop is based on
your position size:

01: .1%/line
02: .2%
03: .3%
04: .4%
05: .5%
06: .6%
08: .8%
10: 1.0%
13: 1.3%
17: 1.7%
22: 2.2%/line

How scary this is depends on how fast you are adding size and what that total size is...:
3/9: -2/3 space, stop moves up to the 33% ret, .9% per line.
3/6: -1/2 space, stop moves up to the 50% ret, .6% per line.
3/4: -1/4 space, stop moves up to the 75% ret, .4% per line.
3/3: same space, stop stays at the 100% ret, .3% per line.
...It also depends on whether you sold a pattern or a breakout & whether or not you are
trading a large period or a small one:

if we are talking M5-H1 lines then each line is about 4 pips & price gapping 60 pips past your stop will result in
a loss of 15 lines.
H4: -7.5 lines
D1: -3.75
W1: -1.875
MN: 0.937

If you are really worried then you should either withdraw profits or trade based on a fixed amount.

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Mon Dec 26, 2016 3:33 pm

Mira wrote:I'm a little slow but it's getting clear. :D
When you say "stop moves up".. are you saying i have to cut lines of x% ret?
10 lines = 3 lines at risk (normalized) when 3/10?


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MightyOne
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HAGO BIAS EXPLAINED

Postby MightyOne » Tue Dec 27, 2016 6:14 pm

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Mira
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Re: HAGO BIAS EXPLAINED

Postby Mira » Tue Dec 27, 2016 9:29 pm

MightyOne wrote:EURUSDMonthly.png


Edit: I got it lol

Just one question: "the highest line touched by the weekly extreme..", i don't get this part, are you talking about direction?

What you mean when you say "... line is used"?

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Mira
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Re: The ideas that I trade by:

Postby Mira » Thu Dec 29, 2016 5:47 pm

End of month is still profitable.
(I added two lines at the extremes just for a easy use)

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For the series "i wish it wasn't demo"

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Ps. This is the sexiest template EVER :D

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Dec 29, 2016 7:36 pm

Updated Logic.

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Dec 29, 2016 8:14 pm

If there is no pattern to trade on a large chart then simply capture one or more MN lines.

If you get to a size of 13 then each line is +20.8%...your risk is around 1%. :shock:

EDIT: a "size of 1", in MO lingo, is .1% per line (1 MN = 16 lines).

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