M.O. 1/19/09
You really want to be successful as a trader?
Pull together $400 and put it in an account with the goal of placing a trade and exiting with the smallest loss.
Do not even consider making money just continue to practice losing professionally.
A strange thing will then happen...
your account will grow
30M chart.
Hmmmmmm
ProchargedMopar's Trading Trilogy
Moderator: moderators
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
A/J 30m chart
I left 50+ pips on the table in the move up. It's a megaphone which means range expanding.......not retracting..duh.
I shorted and the little booger tried to spike me out....out +30 on part.
smaller position running.
I left 50+ pips on the table in the move up. It's a megaphone which means range expanding.......not retracting..duh.
I shorted and the little booger tried to spike me out....out +30 on part.
smaller position running.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- aliassmith
- rank: 5000+ posts
- Posts: 5057
- Joined: Tue Jul 28, 2009 9:50 pm
- Reputation: 2847
- Gender:
"You really want to be successful as a trader?
Pull together $400 and put it in an account with the goal of placing a trade and exiting with the smallest loss.
Do not even consider making money just continue to practice losing professionally.
A strange thing will then happen...
your account will grow "
Make tight entries, close to S/R and get out when a candle closes against
(breaks) the S/R?
EDIT: Entry at top red line! Exit when last candle closed below!
Controlling losses is vital to success.
Pull together $400 and put it in an account with the goal of placing a trade and exiting with the smallest loss.
Do not even consider making money just continue to practice losing professionally.
A strange thing will then happen...
your account will grow "
Make tight entries, close to S/R and get out when a candle closes against
(breaks) the S/R?
EDIT: Entry at top red line! Exit when last candle closed below!
Controlling losses is vital to success.
- Attachments
-
- basezlinefailed.JPG (10 KiB) Viewed 7071 times
Trade Your Way as Long as It Makes Money!
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
nice clean pic alias.
A must read the couple pages before and after this one.
http://www.kreslik.com/forums/viewtopic ... start=1900
es/pip asks the "classic" questions and m.o. gives up his "classic" answers.
It's all there, entries, exits, and which way to trade!!!!!!!!!!!!!!
It's simply amazing how things evolved over the next 1000-1200 pages on kreslik when everything we needed was in the first 30-50 of his postings.
Pure and Simple.
Think of all the different minds on this board. The different hopes/fears. I still think the most amazing part of all is how he continued to adapt and morph what he was saying to help each individual personality.
Crazy stuff.
Oh, 53+ btw a/j short.... It was up over 70 while I was napping.
Target near yhigh(support)
A must read the couple pages before and after this one.
http://www.kreslik.com/forums/viewtopic ... start=1900
es/pip asks the "classic" questions and m.o. gives up his "classic" answers.
It's all there, entries, exits, and which way to trade!!!!!!!!!!!!!!
It's simply amazing how things evolved over the next 1000-1200 pages on kreslik when everything we needed was in the first 30-50 of his postings.
Pure and Simple.
Think of all the different minds on this board. The different hopes/fears. I still think the most amazing part of all is how he continued to adapt and morph what he was saying to help each individual personality.
Crazy stuff.
Oh, 53+ btw a/j short.... It was up over 70 while I was napping.
Target near yhigh(support)
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
prochargedmopar wrote:A must read the couple pages before and after this one.
http://www.kreslik.com/forums/viewtopic ... start=1900
es/pip asks the "classic" questions and m.o. gives up his "classic" answers.
It's all there, entries, exits, and which way to trade!!!!!!!!!!!!!!
It's simply amazing how things evolved over the next 1000-1200 pages on kreslik when everything we needed was in the first 30-50 of his postings.
Funny you should say this....I went back a few days ago and started to reread NLA for about the third time and thought exactly the same thing. It was all there at the start and I simply didn't understand what was being said. I got thru about thirty pages and realised MO had already started repeating himself and everything after that was an attempt to explain the same thing different ways.
I've learned from my mistakes and I'm sure I can repeat them exactly - Peter Cook
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
I sold at 65....+10
Felt good until I saw chart a few min later.
I sold g/u at 92. -4
Felt good that I managed trade for a small loss.
Until I looked at chart a few min later.
I need psychiatrist when trading live or just give signals to someone else and let them do it.
Felt good until I saw chart a few min later.
I sold g/u at 92. -4
Felt good that I managed trade for a small loss.
Until I looked at chart a few min later.
I need psychiatrist when trading live or just give signals to someone else and let them do it.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
I just m ight print this out and hang it off my monitor and put one in my pocket.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
M30
hmmmm
hmmmm
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
posted by m.o.
edited.
edited.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
Hmmmm
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.