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The PriceBob Strategy

  • #181
  • Mar 13, 2025 9:22am Mar 13, 2025 9:22am
Coffee and Mebob, name a better duo. One win to start the day.

I'll be ending my trading at 2 consecutive losses or noon, which ever comes first
  • #182
  • Mar 13, 2025 9:27am Mar 13, 2025 9:27am
Quick chart for the faithful
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every Saint has a past. Every Sinner has a Future
  • #183
  • Mar 13, 2025 9:38am Mar 13, 2025 9:38am
I have to go-2:35pm UK time. Back tomorrow.
Yes ,not life changing trades were they but a live trest going forward with which I am happy. Enjoy the rest of your day. Relax Paul Tudor Jones, I am small fry
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every Saint has a past. Every Sinner has a Future
  • #184
  • Mar 13, 2025 9:38am Mar 13, 2025 9:38am
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Master your Mind,,,Master the Market
  • #185
  • Mar 13, 2025 9:42am Mar 13, 2025 9:42am
Great day operating the MeBoB strategy
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I need to sort out my stop loss settings, the R:R is not favorable and I think I should go for a tighter stop loss or longer profit.

I listen to recommendations, thank you all very much!
  • #186
  • Mar 13, 2025 9:52am Mar 13, 2025 9:52am
Quoting fream1
I need to sort out my stop loss settings, the R:R is not favorable and I think I should go for a tighter stop loss or longer profit. I listen to recommendations, thank you all very much!
That's the sort of thinking everyone is told to get into. It's a trap.

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Life itself is a privilege, but to live life to the fullest is a choice
  • #187
  • Mar 13, 2025 9:57am Mar 13, 2025 9:57am
Quoting fream1
I need to sort out my stop loss settings, the R:R is not favorable and I think I should go for a tighter stop loss or longer profit. I listen to recommendations, thank you all very much!
Consider that most day traders fail, and most day traders who are successful have a R:R that is "short of 1:1."

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If anyone tells you that you need to make 2:1 or 3:1, run the other way. I have finally come to realize that it's a trap.

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Life itself is a privilege, but to live life to the fullest is a choice
  • #188
  • Mar 13, 2025 10:01am Mar 13, 2025 10:01am
Quoting MachineLearn
Coffee and Mebob, name a better duo. One win to start the day. I'll be ending my trading at 2 consecutive losses or noon, which ever comes first
After a win, the following trade will only have half its position closed at TP, letting the rest ride. If this position loses, the next trade will go back to default positioning.

This is my management for upcoming weeks.
  • #189
  • Mar 13, 2025 10:06am Mar 13, 2025 10:06am
Quoting vidvad
{quote} Consider that most day traders fail, and most day traders who are successful have a R:R that is "short of 1:1." https://www.youtube.com/watch?v=WvjT..._channel=Korbs If anyone tells you that you need to make 2:1 or 3:1, run the other way. I have finally come to realize that it's a trap. {image}
IMO most traders fail coz they try to trade every move of the market insteada sitting tight with a swing position... Since cable bottomed on Mon 13th Jan i have only had 4 trades in 2 months (4 trades with multiple small positions)..... all long and all profitable and now im flat...

OVERTRADING is what destroys retailers every fuckingtime..... for the life of me i do not understand peeps trying to catch every turn, ITSIMPOSSIBLE and they just making it hard on themselves..... Just my 2cents guys
  • #190
  • Mar 13, 2025 10:13am Mar 13, 2025 10:13am
Mr. T. Total agree!. Problem is position size. A lot of us stupid traders don't know how to position the trades. You mentioned putting multiple position. problem is a lot of us don't know where do put the next position and fear of loosing restricts us from placing multiple position. I have tried it and I never get timing right and end up with multiple loosing positions. You taught us well so trying to learn from mistakes.
  • #192
  • Mar 13, 2025 10:15am Mar 13, 2025 10:15am
Quoting driven18
{quote} As you started the subject that is near and dear to me, I totally disagree again, as stated in earlier post. Here is my trading live this week. Large premise of my MM is to grab on and hold on to momentum trades with at least 3, 4, 5 to 1. Here is this week, strategy, unrelated to Me Bob. I am trying to use the same with MeBob. {image}
You do you, we'll do MeBob.

Let's not make yet another FF thread about you, ok?

You can write any numbers you want on a chart. If you don't show a recording of the live trade showing your stop loss and take profit, we have to assume tht the mS Paint scribbles are accurate.
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Life itself is a privilege, but to live life to the fullest is a choice
  • #193
  • Mar 13, 2025 10:18am Mar 13, 2025 10:18am
Quoting vinesh1
Mr. T. Total agree!. Problem is position size. A lot of us stupid traders don't know how to position the trades. You mentioned putting multiple position. problem is a lot of us don't know where do put the next position and fear of loosing restricts us from placing multiple position. I have tried it and I never get timing right and end up with multiple loosing positions. You taught us well so trying to learn from mistakes.
Hope your winning Vin
  • #195
  • Mar 13, 2025 10:19am Mar 13, 2025 10:19am
Quoting vidvad
{quote} You do you, we'll do MeBob. Let's not make yet another FF thread about you, ok? You can write any numbers you want on a chart. If you don't show a recording of the live trade showing your stop loss and take profit, we have to assume tht the mS Paint scribbles are accurate. {image}
Sorry for posting in your mebob thread Vidvad
  • #196
  • Mar 13, 2025 10:27am Mar 13, 2025 10:27am
Quoting T721
{quote} Sorry for posting in your mebob thread Vidvad
Your post was fine. Driven has a habit of making posts in which the purpose is counter productive what we're doing here.

Your post is pretty much on point.
Life itself is a privilege, but to live life to the fullest is a choice
  • #197
  • Mar 13, 2025 10:32am Mar 13, 2025 10:32am
I didn't want to do it but I feel I had no choice but to put Driven back on ignore, which is the only way I can keep his off topic, ego-centric posts out of this thread. He just cannot control his ego when posting to my threads and his posts in no way are in line with the MeBob method or the approach I'm using. Either he has to go from the thread, or I go, because he really takes the fun out of it for me. I've asked him in the thread, and I've asked him through PM.

I've asked nicely.

He just can't help himself, I guess.
Life itself is a privilege, but to live life to the fullest is a choice
  • #198
  • Mar 13, 2025 10:35am Mar 13, 2025 10:35am
Quoting MachineLearn
Coffee and Mebob, name a better duo. One win to start the day. I'll be ending my trading at 2 consecutive losses or noon, which ever comes first
"Coffee and Mebob" ... that is what I should have named the thread lol
Life itself is a privilege, but to live life to the fullest is a choice
  • #199
  • Mar 13, 2025 11:54am Mar 13, 2025 11:54am
Quoting vidvad
{quote} "Coffee and Mebob" ... that is what I should have named the thread lol
It's true!

Second trade of the day is a winner and half the position is running.
  • #200
  • Mar 13, 2025 12:41pm Mar 13, 2025 12:41pm
SP500 and Nasdaq both gave two basic Mebob trades that worked out within a two hour trading slot for my 10 points each. Well sort of....tried stopping for ten on Naasdaq but it was well past 10 points before I clicked on mouse. The SP500 is gentler on the nerves?
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every Saint has a past. Every Sinner has a Future
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