Recent theoretical work and actual trades

Today is US bank holiday so the chance of shit hitting the fan rises maybe 400% or so. But woman is gone so i need to look after my son today. I will place a few 001 lots just to see how it turns out, or something like that. Put out a few shorts yesterday evening/night. Its not absolutely clear its shorting time, with somewhat more up move my bias will change to longs.

The last retrace give indiation of the new one. Thats the theory.

I will use this mostly for the TPs i think. Trades are made differently... of course...





Well, what comes up must come down. If it is not fitted with an anti gravitational device that is...

If the "pattern recognition" is correct, then the stupid money is what which do not follow the recognized pattern. Such as:



Im not saying im right, im saying my pattern recognition tells me that. Maybe it IS a good place, but probably only for a little while.

I found out that if i make the candles the same color its easier to think without "0 bias".





I wonder if there is a max attachments to a merged post?

Hi Yaed!

The exact same experience can mean two completely different things to two different people, given those people's two different belief templates and two different ways of constructing meaning from experience.
David Foster Wallace

Your education really is the job of a lifetime, and it commences - now.
Best regards (& to your family) from Switzerland!
I wish you way more than luck.
FXcube

My father has this funny idea which is wrong and i try to tell him that everytime. He thinks that if he needs something and he buys it cheap, he has saved money. Thats not the case actually. He still spent money, only less then otherwise.

I know my friend, otherwise the market would just move one way and there would be no trading at all

You know what i think i learned from you mostly: Courage in trading. Thanks my friend, i am ever gratefull.

Bank holiday over. Still taking care of son, so i make lot size about 33% of normal or some such. Also i think its fun to place many smaller lots, then close them in steps.





I think that i will PROBABLY, but of course not SURELY be able to spot most if not all the price rushes if i keep my eye on the important S/R. Such as:



Also i think i know why people fail so miserably trading S/R: They do not take momentum into account. In other words: They dont understand that what makes price moves are orders. No matter if it goes through an S/R, the orders made are most of the time still there, open. Meaning most of the time that happens some people who are not "turned on", will be looking at bad numbers.





I guess this ties into post modernism in a way. Its very boring and very ineffecient saying: "Everyone interprets reality differently, there is no right and no wrong." If there was no accounts and no + or - on them, then that statement would be a nice thing, or at least interesting in trading. However, for some reason, there ARE accounts and if money gets lost or gets put into them sort of IS interesting. I mean i can sit and think to interpret things this way or that way, but if i loose money on my account, i dont think my broker much cares for my interpretation when it comes to deciding how much money is in my account. In a way the numbers in our trading accounts is the absolute, objective truth. If it wasnt so in this way, there would no purpose to trading.

I wish i had the "possibility" and the "time" to explain it all, but i dont. I explain that which i have "possibility" and "time" to explain. But it takes a smart person to be loving and compassionate. And it takes love and compassion to be a smart person. A stupid person dont understand love and compassion, a stupid person dont know what these things mean and so cant act in such a way. I have learned this the hard way. Einstein was not loving and compassionate. He understood some things, but not other things. Maybe sometimes he was loving and compassionate, but not as some times when it really mattered, like when i gave his daugther away. Love is not something that can be put into words, its such a strong force it transcends time, language and space. It is what makes the particles stick together. It is what makes us all stick together and understand we belong together.





Oh i forgot. A look at H1 can be good for orientation as well:





But dont take my word for it, it needs to be experienced. In many ways.







Well i think thats about enough charts for now.

Double or nothing, one day
If i knew for instance that i could either double the amount of money, lets say A, to a certainty of 70%, and this was a repeatable process, then it would make a lot of sense to try. And if it failed that amount would be 0 at the end of the day. Even if this certainty was 51% it would still sort of be a good idea.

In fact im quite certain i can do that to a degree of certainty of 75%. So then why havent i? Thats what the sort of thing i ponder sometimes. Maybe i am afraid to know that much about the world? Maybe i am imagining things? But with some applied math on my old data i could verify this hypothesis or falsify it. Only it would take quite a lot of calculation. Either that i am wrong. Maybe it would take only a little amount of calculation I havent really tried yet.

In theory i could make A only a fraction of my account, and what then would be the loss if i DID loose? Not much apparently.

So im going to do a bit of calculation...

The 100.000.000 $ hypothesis


It would take a lot of changing in HOW i think. It would take an EXTREME patience. But it could, just COULD be the thing to study further. In a way, this kind of thinking is what i have been doing since 2010. In a way i have a boring one track mind. But also, there is the possibility i was right all along...

Hey yaed,

I'd check for probability of consecutive losses and start with demo or small accounts (purely for psychological reasons). 75% probability gives a 1-in-a-million chance of wiping the account with 10 consecutive losses of 10% of account bets. Also I'd recommend gradually decreasing the % of account used for risk, so that wiping of the account becomes even more improbable.

Essentially I'd set a target level (say 100k$) with a well defined maintainable risk level (say 0.1% per trade) and interpolate between the starting point (say, 100 $, 10% of account per trade) so that the risk is at first a constant % of the account and then gradually decreasing to the target level.

k

Something like that. I was thinking A = 1% of the total account. Then after a few of those, 2%. And then MAYBE 3%.

YAED, I like your style. Thinking for yourself, well outside of the box & logical along the way. I have read your thread twice & each time gaining more from your way of thinking. I am encouraging you to continue sharing
with those that are willing to come on board & learn a different approach to trading. Your thoughts, views & way
of trading will no doubt not appeal to everyone, but you will gain the attention of many if they will just read &
pay attention. Again, thank you for sharing your time & visions. You Sir have surely lit the candle.



"It Is Better To Light A Candle Than To Curse The Darkness"

Thats great! Now here is all the love i can give. This is all the extent of my "edge".

FUCK THE MILITARY INDUSTRIAL COMPLEX!

FREEDOM TO ALL THE PEOPLES OF THE WORLD!

INDEPENDENCE FROM LIES AND DECIT IS WORTH DYING FOR!

MY SON IS NOT GOING TO LIVE AMONG LIES AND TREACHERY AND DECIT!

HERE YOU GO ALL THE FREE PEOPLES OF THE WORLD!





SPREAD THE LOVE!

DO WHAT EVER YOU WANT WITH IT!

YOU ARE FREE, ALL OF YOU!

FOREVER!

KEEP ON SHINING, KEEP ON FIGHTING!

NEVER GIVE UP, NEVER SURRENDER!

SPREAD THE LOVE, SPREAD THE KNOWLEDGE!

I suck sometimes, i make misstakes. I am like all of you or sort of like you. I dont follow what i know to be correct all the time. But this .tpl and what i say here is THE ABSOLUTE TRUTH. I wont EVER LIE TO ANY OF YOU! Its one thing if you dont understand or missunderstand, i cant help it, i can only do so much. Ask me anything and i will give you a straight answer right away. Now here comes all the exact ideas of how to enter and ext and everything.

BECAUSE I LOVE YOU ALL FOREVER!

BECAUSE LOVE IS THE ONLY THING TO GET US OUT OF THIS PILE OF SHIT THE HUMANITY HAS COME TO!



Fuck em all!

Fuck em all to the stars and back again!

Freedom to all the peoples of the world!

I AM A WHITE HAT AND I HAVE ALWAYS BEEN. EVEN THOUGH I DONT ALWAYS WEAR A WHITE HAT!

BUT IF YOU FUCK WITH ME I WILL TAKE ON MY BLACK HAT!

FUCK THE ALGOS!

FUCK THE BANKS!

THIS WORLD BELONGS TO ALL OF US, THE PEOPLE. NOT THE UPPER CLASS. NOT THE MILITARY INDUSTRIAL COMPLEX!

MONEY DONT BELONG TO THE UPPER CLASS! THEY INVENTED IT BUT WE CAN BEAT THEM IN THEIR OWN GAME!

BECAUSE WE HAVE A HEART! BECAUSE WE ARE RIGHTEOUS! BECAUSE WE HAVE LOVE!

WANT MORE?

HERE YOU GO.

This is my m1 template. I dont know if you need it or if i need it. Sometimes i fool myself with it. Sometimes i do better with it.



Now i placed a short.



Now i closed that motherfucker down!

Statement:



If you are to lazy too do the math, you wont make it in trading anyway. Go do something else.

If you dont care, why are you even looking at the statement?

If you think im lying? Why would i? I dont get paid to do this. Im fighting for my life here! You think i would be here doing this every day if i lost money all the time?

Im not trying to convince anybody. I dont care if you dont like my attitude, go troll somewhere else.

That statement contains 7 losses and 29 wins i think. Losses are smaller then wins or at least equivalent.

I dont care about the timeframe. I dont care about the fundamentals. I dont read all the news and and i dont give a crap. Its mostly manufactured media bullshit anyway. I have done this for years and now im ready to say: I think this is all the math you need to look at to trade effeciently. If that wasnt so, i wouldnt be here. I might change the .tpl and i often do, but this stuff ive had on for a while because it helps me. I even lost out on some money just now because i was telling you guys this. But its worth it. I can feel the love spreading. I can LITTERARILY FEEL IT! Its incredible!

FREEDOM FOR ALL THE PEOPLES OF THE EARTH!

I AM FIGTHING FOR INDEPENDENCE FROM GOVERNMENTS AND BIG CORPORATIONS! AND THIS IS MY WAY TO DO IT! (One of my ways, i have a big fucking axe and a bunch of knives, but NO GUNS, not ever!)

To me PA is not enough. I need some math to orient myself. Now here comes more explanations. I LOVE YOU ALL FOREVER!







Next time it touches the H1 EMA p 24/ M1 EMA p 1440 is when its time to short. Why? It has touched the light orders area and went away.

Maybe i enter twice or three times on the next trade, and then i close those out one at a time.

A nice profit is 0.1% of the account. A VERY nice profit is 0.2% of the account. If i go in small, 0.04% of the account is a nice profit.

My success or failure is measured in DRAWDOWN. Thats the total of open positions. Sometimes when i suck i have 15 open positions. Sometimes when i cant take the pain no more i close positions in losses. But usually a DRAWDOWN of 2-3% dont worry me ONE BIT. 7% is fucking bad. 11% is SUPER CRAPPY. Since 2009 i never had more then 36% DRAWDOWN.



But that loss is NOTHING!. I dont care about that, its what... 1%? I made 2.5% on this drop.



All and everything i need to fight is stress and fear. If i can conquer those, i will be home safe. I will build a place for humans to live permanently for all time. Without compulsory stuff like taxes, wars and fixed work schedules. A place where freedom, love and peace will reign forever.



If you are turned on, you got your 20 pips right there.

Money management
100 pip drawdown should be NOTHING, not even put a dent on the account.
200 pip, no problem.
300 pip starting to hurt.
400 pip is shitty.
500 pip is really shitty.
600 pip oh fuck.
700 pip OUCH!
800 pip NO WE ARE TALKING PAIN!
900 pip no mommy please make it stop!
1000 WHAT THE HELL ARE YOU DOING YOU IDIOT!?

REMEMBER: Im ONLY talking E/U here. I ONLY trade E/U. Aiming for intraday trades. Sometimes i fuck up and need to stay in over night, but thats part of the game.

An idea to someone who wants to make a shitload of money



Its just an idea.