Sonic R. System

Ya mate..
It could fly or crash, on result..



Sonic

P.S see my prev posts,,bullish still..

not sure what you ask ..
they are both commonly used..
aligator

Love it..



Sonic

Bullish still?

More like......"Folks, get ready for one humongous short!" .....?

Look at 'em drive it up for position,.....the news ain't even out yet! Maye the LO traders already had a huge selloff, and now they are all pumping it back up for themselves and the US guys to have another!

wad a nasty swing, 7 min till show time

Trade done .......

I luv it

Without knowing the size of each of TAH's entries, we cannot know whether it is a profit or not. If each entry was the same size, then it is far from breaking even, let alone a profit.

For an "averaging losers" strategy to work temporarily (and any succes is temporary) you must double your position at each entry.

For example, let us suppose a series of six successive entries into a trade that is trending against you:

EP1 - 1 microlot = $0.10/pip loss for each pip move against you

EP2 = 2 microlot = $0.30/pip loss for each pip move against you (EP1+EP2= 3 microlots total).

EP3 = 3 microlot = $0.60/pip loss for each pip move against you (EP1+EP2+EP3 = 6 microlots total).

EP4 = 6 microlot = $1.20/pip loss for each pip move against you (EP1+EP2+EP3+EP4 = 12 microlots or 1.2 mini lots total).

EP5 = 12 microlot = $2.40/pip loss for each pip move against you (EP1...EP5= 24 microlots or 2.4 mini lots total).

EP6 = 24 microlot = $4.80/pip loss for each pip move against you (EP1 +...EP6 = 48 microlots or 4.8 mini lots total).

So starting with 1 microlot at a dime/pip, and pyramidding your losers so that you can hope to recover your losses on the earlier positions & hopefully earn a profit, you are now risking, after six EP's, 48 times as much as you risked on the first trade (from ten cents ($0.10)/pip risk to $4.80/pip risk.

Now, suppose you started this not with a microlot, but with a minilot, risking $1.00/pip. After pyramidding your loser, you are now risking $48/pip. How many of you want to be down 100 pips on a $48/pip position, or be -$4800?

Now suppose you start with a standard 100K lot, with a $10/pip risk? After pyramidding your loser in the only geometric form that can hope eventually to succeed, and even then, its success is only temporary, you would not be sitting ona position with a $480/pip risk. How many pips can you let that loser run against you if each pip is costing you $480?

This only works in demo accounts and, temporarily, in Micro accounts. There is a trade named Robert Hoffman (go ahead and google him) who runs a paid trading room. He has used this exact strategy for over a year, and he advertised thathe had gone over 534 days or something like that without a loss. Well, guess what? On July 14th he bought the Russel 200 stock index futures as the index was dropping. He added EP after EP until finally his broker shut huim down because he was out of money! He lost a reportyed 300-400K in one morning!

Folks, trust me, this strategy does not work anywhere but in the land of pennies and dimes or the world of make believe.

It is a dangerous strategy.

If you feel you must trade averaging your losers, then accept the fact that you will forever be either a demo trader or a microlot trader.

But if your goal is for your trading eventually to allow you to accumulate enough capital and wealth to retire and enjoy life, then banish any thought of this method from your mind and do the following instead:
Any and every Soniker who is still struggling to reach success should make it part of his or her daily ritual to read SonicRThread, page one, post #1, and pay special attention to these words of Sonic:

Words to live and trade by if ever there were any - I would only change the one sentence above to read

"You WILL win and you WILL lose too."

Accept the fact that you will lose, and trade a plan with a set of rules that controls your losses, not one that adds to losing positions.

Nah,

Don't go against the master..
Pump or dump or not...I have taken TP1 with s near 100 pips..





Sonic

looks like entry has been voided. at least at this very moment. ROC again pointig up, PA almos climbed over dragon

A trading plan should be based upon "If ... Then" with regard to Price.

If PRICE does X, then I will do Y trade."

The only thing we can truly learn to read is price.

And of course, a positive close above the DTF dragon will have me looking primarily for longs, i.e. IF price closes above the daily time frame dragon, and if price stays above the daily time frame dragon, THEN I will look to trade the EU from the long side. However, IF the EU closes down for the day, then my short EP will be below what ever today's low turns out to be.

No guessing, no trying to figure out what "They" are going to do next, no jumping into the market and then hoping for the best ... a simple plan to trade with the general trend, using Sonic money management to minimize my losers and maximize my wins by pyramidding them.

-ddaytrader

TAH just doesn't know when to quit..... Poor Guy

Hi kimis,

Yes, you have a good eye! Take a look at my post just below yours (I was typing that and did not see your post). A short entry could still be signalled - there are still eight hours of trading to go before 5PM Eastern time. No signal, long or short, can exist for me until 5PM.

A down close for the EU could still point the way for a short. A positive close, especially one that clears the daily 34 ema, flips the EU to bull bias for me, and opens the door for a long entry. A long entry would require ROC to pullback and then turn up.

I will begin posting my daily EU position here based on my Daily application of the SonicD/SonicPyramid.

-ddaytrader

he is a slave of his own perception

I would Vouch you if I could

aligater

Give it time. It is just hanging up there until the next set of USD high impact releases.

What do you think the motive for the drive up is, considering only ONE of THREE high impact releases is out?.....!!!!!!

Well, time will tell. I have not added to this short trade. Nor will I. I have stated I will do my best to start trading only pure SonicR. So all existing trades will stay put until they come profitable.

Meanwhile, like you all, I survey the PA for new, but only pure SonicR trades. OK? Enough?

Trade Pure SonicR,
-tah

This is what happens when Ddaytrader comes to this thread!
(tip - the guy without a shirt is Ddaytrader)

I urge RESPECT to TAH!

TAH has been and continues to be a tremendous asset to this thread. I know of no one who has given so generously of his time and talents in providing programming and coding skills to compile and edit and update our MT4 Sonic templates. I do not want my disagreement with him over his money management experiment (a disagreement that goes back years) to in anyway diminish his importance to this thread and the gratitude that I know I am not alone in having for my good friend, TAH.

TAH and I have long disagreed about two things: 1) We do not agree concerning his use of adding to his losers while always sticking to a firm Take Profit; and 2) We do not agree about the importance he attaches to what hecalls "the Big Boys." Do the "big boys" exist? Of course they doi - they are called banks and multi-national corporations. Can we look at a fifteen minute or five minute or heaven forbid a one minute chart and figure out what "They" are going to do? I say, "Heck NO!" TAH says "Heck Yes!"- that is what makes a market, after all. Different opinions!

So though TAH and I disagree about those two things, friends can disagree and still be friends.

I hope that TAH will allow us to discuss and debate his money management approach.

I know he tells others not to do what he is doing, but that is too much "do as I say, not as I do," and anyone who has children know how great that works - the truth of the matter is that because of the level of respect TAH rightfully enjoys here on the thread, many new Sonikers have adopted his approach. He therefore owes us a more clear explanation of how he has been using his method. For example, with respect to his current short EU with six or seven EP's, TAH should tel us:

1) What size position did he start with?
2) How much did he add at each EP?
3) What is his total open loss in pips?

That would allow impressionable newbies a more accurate way to assess whether they wish to follow TAH's approach or not.



-ddaytrader

Man o man, dam dollar is TANKING ! Looks like someone tied a rock to it and drooped in the ocean

Fellas... Party Aside...

We have another biggie news and Ben spitting fire in 5 mins time..

http://2.bp.blogspot.com/_7EXjdr2Pn-.../partyfail.jpg


Sonic