Thanks again for the in depth. I just meant to illustrate a point with the fib examples. I should have included some bear fibs but I was rushing to get out of the way of the news. Won't beleaguer the point. The trigger you set up in the iteration, ...

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Fibs..working on the rest..

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Now that I am off mobile and back at a chart, and soaking in the discussion: The trade I'd like to take is this one- Short @1.083, stop @1.098, tp1 @1.062, tp2 @1.034, target @1.017. RR- 150 pips risk at $3each so 450:1360 or 1:3 ROI- 302% If I dont ...

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7 I've been better at this lately but staring at charts and 2nd guessing everything from FA/TA to what's driving price to Newton's basic laws of physics for feks sake has been a habit of mine. One I am trying, with at least a modicum of success, to ...

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Right. The no rounding math looks like this to me: 500/180=2.77/pip Max RR 500:910.8, 1:1.82 Taking .92 off at each tp (33% of position) gives you ROI 182% I would take this trade but only with pretty strong conviction that I had direction and ...

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500/180=2.77 Round to 3 for the example. Take 1 off every tp. Add 'em up. 990. That's all I did anyway. But you are right about 540. No rounding in the real world.

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Well that's what I had first but changed it taking into account $500 risk spread over 180 pips. And you would need to split those positions to get the math right I would think. But last math class I took was in eighth grade so don't take my word for ...

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6a Max RR =500:990, 1:2 (roughly) 6b Expected ROI = 990 or 198%(not sure I did that right, if you take risk out for ROI then 490 or 98%) The $500 risk at 180 is 2.77/pip rounded to 3. Each tp added up =990 taking $1 off each time. 1:1.98 rr. ROI is ...

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I see what you mean. 340 max target. Intermediates at 610 and 460

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610, 520, 460, 370, 270, 1.0 max .094 Short list : 610, 520, 460, 370

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I'm a slow learner. I'll get it. But it'll take a while. As always I appreciate your patience with the noob questions. I'll try to keep it to a minimum as I know you are a busy guy.

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Here's what I got trying to stick to the rules laid out in that iteration. I think (not to attempt a jump on Question 5) the point being, same trades, same levels, same all. Expensive tickets or even to coin chester123's mediocre tickets, will ...

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Because countertrend (direction wrong) gives you even more chances to lose. If managing risk is the most important part, countertrend works against that. Direction right, the rest falls in place. And there won't be opportunity to scale into a ...

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Larger short stop at 1.109. That's a wide load. But that's where I would know beyond a doubt I had it all wrong. But short term stop I'd put above 1.097 maybe 1.098.

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3. 500. On A trade in the next 3 months.

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Stopped on eu. No Loss this time cuz I got my tp1 but breather time for me. Looking for a market with fundamentals easier for me to grasp. (Hog futures?) This one likes to prove to me repeatedly how out of my league I am. Consistency continues to ...

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Ok. So it was the option to let the October calls run that made me think it should be calendar for him. But the devil is in the details as always. A bull vertical spread would also apply? Depending on how (or almost when) he wanted to protect his ...

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