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Tease Me more @cpfleger

  • #2,781
  • Nov 28, 2023 5:48am Nov 28, 2023 5:48am
Quoting cpfleger
xinitial, Yes, your shooting for Process Mastery...... cpfleger
I realized when studying the leg of the HA, smoothed HA alone is enough to make pips.
Other indicator just for direction bias.
xinitial.
  • #2,782
  • Nov 28, 2023 5:49am Nov 28, 2023 5:49am
xinitial,
Yes and eventually a good Retail Trader will start to reduce the dependency on Indicators and become a Candle Expert.
Less is Best.
cpfleger
  • #2,783
  • Nov 28, 2023 5:50am Nov 28, 2023 5:50am
3 candles rule by cpfleger.
xinitial.
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Just smoothed HA, X and spike are enough to make decision. They actualy work same way with other indicator.
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  • #2,784
  • Nov 28, 2023 5:52am Nov 28, 2023 5:52am
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  • #2,785
  • Nov 28, 2023 5:53am Nov 28, 2023 5:53am
xinitial,
3 Candle WICK Rule.
Wicks are your EXITS.
1 Wicked Candle is the ENTRY...
cpfleger
  • #2,786
  • Nov 28, 2023 5:58am Nov 28, 2023 5:58am
Quoting cpfleger
{image}
It doesn't feel like it, I've been seeing LEGs for more than 3 months. The more I look at them, the less indicators I use.
This is the key of my success gaining pips during these days.
xinitial.
  • #2,787
  • Nov 28, 2023 5:59am Nov 28, 2023 5:59am
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  • #2,788
  • Nov 28, 2023 6:02am Nov 28, 2023 6:02am
This is why I like the quote that I posted a few days ago.

I just want the 'meat' in the middle of the trend.



The price just went back to my open position.
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  • #2,789
  • Nov 28, 2023 6:04am Nov 28, 2023 6:04am
Quoting cpfleger
{image}
Boooommmmm.......
Kids : simpe mind.
Adult : compliated mind.
xinitial.
  • #2,790
  • Nov 28, 2023 6:04am Nov 28, 2023 6:04am
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  • #2,791
  • Nov 28, 2023 6:08am Nov 28, 2023 6:08am
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  • #2,792
  • Nov 28, 2023 6:11am Nov 28, 2023 6:11am
Quoting cpfleger
{image}
1 candle 1 day can be consistent and if it is compounded it will be extraordinary.
xinitial.
  • #2,793
  • Nov 28, 2023 6:12am Nov 28, 2023 6:12am
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  • #2,794
  • Nov 28, 2023 6:16am Nov 28, 2023 6:16am
Shott...
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  • #2,795
  • Nov 28, 2023 6:22am Nov 28, 2023 6:22am
And smile .
xinitial.
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  • #2,796
  • Nov 28, 2023 6:22am Nov 28, 2023 6:22am
xinitial,
Compounding Example 1 - based on a very small account Balance (excellent beginners startegy)
Mondays (5 to 15M TF and each candle is the relevant TF)
Open a trade at 0.01 first candle.
Add to trade position on candle number two at 0.01.
Add to trade position on candle number three at 0.01.
CLOSE trade on closing of the third candle - collect money and stop for the day.

Tuesdays at 0.02 per lot size and per addition to trade position.
Wednesday at 0.03 per lot size and per addition to trade position.
Thursday at 0.04 per lot size and per addition to trade position.
Friday at 0.05 per lot size and per addition to trade position.

NOTE: This helps the Trader get past the commission fee per trade and compounds trading account balance per week.
cpfleger
  • #2,797
  • Nov 28, 2023 6:30am Nov 28, 2023 6:30am
Quoting cpfleger
xinitial, Compounding Example 1 - based on a very small account Balance (excellent beginners startegy) Mondays (5 to 15M TF and each candle is the relevant TF) Open a trade at 0.01 first candle. Add to trade position on candle number two at 0.01. Add to trade position on candle number three at 0.01. CLOSE trade on closing of the third candle - collect money and stop for the day. Tuesdays at 0.02 per lot size and per addition to trade position. Wednesday at 0.03 per lot size and per addition to trade position. Thursday at 0.04 per lot size and per...
I currently practice this way. .
xinitial.
  • #2,798
  • Nov 28, 2023 6:36am Nov 28, 2023 6:36am
xinitial,
My wife loves this compounding strategy as it enables her to go shopping every weekend, happy wife makes a happier Trader.
cpfleger
  • #2,799
  • Nov 28, 2023 6:41am Nov 28, 2023 6:41am
Quoting cpfleger
xinitial, My wife loves this compounding strategy as it enables her to go shopping every weekend, happy wife makes a happier Trader. cpfleger
You need to drain the bank more, christmas is coming . She has more shopping list.
xinitial.
  • #2,800
  • Nov 28, 2023 8:55am Nov 28, 2023 8:55am
wonderful
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