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"AUSSI" my thread and anything I want to put here

  • #13,541
  • Nov 16, 2020 3:12pm Nov 16, 2020 3:12pm
Thanks Jsh01,from yesterday to today I was struggles with all my entry and exit , it was not my day ,but I still survive. In my mind , i have not thought about monthly or even weekly or daily , because i think i trade intraday with scalping , so no need . I only check H3 for longer chart , some time H1. Thanks for remind with longer chart .Over all today , I am not losing only BE , i am glad to break even ,in out like a frog . I am happy with that , Iam still holding long some not much.Thanks all traders put chart ask Digger . I have learned from each of trader little by little .Your guy have a good day, ready for next battle .
  • #13,542
  • Nov 16, 2020 3:24pm Nov 16, 2020 3:24pm
Managed to close my longs green
  • #13,543
  • Nov 16, 2020 3:45pm Nov 16, 2020 3:45pm
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Here is my trading ,I never post it before ,because still learning and many mistake ,until now .I trade more than that , i mean in and out ,but just so some . I traded very hard ,spent to much time because i did wrong then i have to scalp more to break even or have some, no matter how hard it is , it is up to me .My business I have to work hard to build from the beginning until I have a name in the business. Thanks all traders here to be a part of my trading journal special Digger, my mentor.
  • #13,544
  • Nov 16, 2020 4:32pm Nov 16, 2020 4:32pm
Just a little early start on hw will have some updates once market opens but just what im looking at now. Back above some shit in terms of m30 200 and m45 200, can see a possible bull flag being formed I think and as Diggs mentioned earlier the hns pattern is still there
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  • #13,545
  • Nov 16, 2020 4:58pm Nov 16, 2020 4:58pm
Hi everyone,
I have a question that you guys may be able to help with regarding multiple entries.
If we have enough conviction when entering a trade that it will go well etc, then why should we have multiple entries?

Example
I want to risk 1 lot on a trade (or position)
Why break it up and say...
Have two entries at 0.5 lots? (I.e. 1 lot total position)

If I wanted a return at minimum 1:1 risk to reward
I can get that return quicker with less price movement than I can with split lots (assuming I take profit on the first trade early to bank some sheckels, I will then need the second position to run further than what I would have initially if I left it as 1 whole lot in the first place)

Hope this is explained well.
Just trying to wrap my head around this methodology with multiple entries
  • #13,546
  • Edited 5:12pm Nov 16, 2020 5:01pm | Edited 5:12pm
Quoting munchie
{image} Here is my trading ,I never post it before ,because still learning and many mistake ,until now .I trade more than that , i mean in and out ,but just so some . I traded very hard ,spent to much time because i did wrong then i have to scalp more to break even or have some, no matter how hard it is , it is up to me .My business I have to work hard to build from the beginning until I have a name in the business. Thanks all traders here to be a part of my trading journal special Digger, my mentor.
Ya cant forget to look left ,, probably a bit farther back than ya think ,, ,,today those 2 180 min candles ,,, notice where the bodies are at ,,, learn tht little cycle the m45 stoch goes thru ,thts where your timmiy trades will come from ya know tht fifty level of last swing is up yonder ,, it is a tgt ,,got this weeks pivot to deal with and last weeks WS1 level ,, , its hard waiting for the pattern ,, and on days like yesterday now the range can /will be big and fast ,,, you anticipate the end game ,, which is the shit to the right tht is not filled in ,,, wont be long and it will look like the shit to the left ,,,, hard to get tht timing down ,,, but it is doing the same thing it always does ,, refer to the pattern from last week ,, well 2 weeks ago now the white circle towards the left ,,,, thts the kinda shit days like yesterday can / do lead too ,,it aint a happen stance or a coin toss or happy go lucky ,, the big boys are doing their thing ,, and tht is what it looks like when they fcking play ,, time crawls by slow ,, and the moves seem slow ,, till they aint ,, if aint keeping track of the forest view you miss or worse fight the best part of the forest move ,,so even bangers ,, know when to bang and hold and just when to bang lol tht support area is from 1 week ago ,,, tht days slide by under ones nose stuff lol
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  • #13,547
  • Nov 16, 2020 5:03pm Nov 16, 2020 5:03pm
Quoting ShaneAUS
Hi everyone, I have a question that you guys may be able to help with regarding multiple entries. If we have enough conviction when entering a trade that it will go well etc, then why should we have multiple entries? Example I want to risk 1 lot on a trade (or position) Why break it up and say... Have two entries at 0.5 lots? (I.e. 1 lot total position) If I wanted a return at minimum 1:1 risk to reward I can get that return quicker with less price movement than I can with split lots (assuming I take profit on the first trade early to bank some...
I'm not a pro yet but 1 thing I've noticed when overleveraging is when ya have 1 .1 vs 2 .05s you have larger margin.
But main reason at least from what I'm being taught is so you have some money bagged and closed in the event your runners don't make it. Either way money would have already been collected..
  • #13,548
  • Nov 16, 2020 5:09pm Nov 16, 2020 5:09pm
Thanks Digger, will look at left all the time.
  • #13,549
  • Nov 16, 2020 5:16pm Nov 16, 2020 5:16pm
Quoting munchie
Thanks Digger, will look at left all the time.
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  • #13,550
  • Nov 16, 2020 5:22pm Nov 16, 2020 5:22pm
Quoting rayoub
{quote} I'm not a pro yet but 1 thing I've noticed when overleveraging is when ya have 1 .1 vs 2 .05s you have larger margin. But main reason at least from what I'm being taught is so you have some money bagged and closed in the event your runners don't make it. Either way money would have already been collected..
Thanks Ray. Kinda makes sense.

Now for the stupid question.
Is there any common practice when opening trades/positions?
Let's say...
1 x banger = 1 x extra position as a runner?
1 x banger = 2 x extra positions as a runner?
Etc...
  • #13,551
  • Nov 16, 2020 5:26pm Nov 16, 2020 5:26pm
Quoting munchie
Thanks Digger, will look at left all the time.
remember your circle there to the left ,there is a reason it there ,, area circled on previous m180 chart posted ,, ,,,,,,,,,,, lst weeks pivot probably be a bit of a stick in the mud ,, those are where you are at ,, now its who does what where to take the little journey thru the forest
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  • #13,552
  • Nov 16, 2020 5:37pm Nov 16, 2020 5:37pm
Quoting ShaneAUS
{quote} Thanks Ray. Kinda makes sense. Now for the stupid question. Is there any common practice when opening trades/positions? Let's say... 1 x banger = 1 x extra position as a runner? 1 x banger = 2 x extra positions as a runner? Etc...
honestly was hoping digger would put his thoughts in lol, i am just following the mentor. if it helps i mean i usually open 3-4 positions at a time. 1st 2 are only for 10, next 1 may be 20 last may be the runner with bumps stopped up. If you had a .1 lot and caught 10 pips youd be at 10, if you had 2 .05s when the first one is closed the 2nd would still be 5 so you wouldnt be losing any more profit than you would have had, you could close them at the same time and keep your 10 but if that 2nd open trade ran up to 30 pips youd be at 15 so youd have made 20 instead of 10 by having that extra runner open in case.
does that kind of make more sense?
  • #13,553
  • Nov 16, 2020 5:40pm Nov 16, 2020 5:40pm
Quoting rayoub
{quote} honestly was hoping digger would put his thoughts in lol, i am just following the mentor. if it helps i mean i usually open 3-4 positions at a time. 1st 2 are only for 10, next 1 may be 20 last may be the runner with bumps stopped up. If you had a .1 lot and caught 10 pips youd be at 10, if you had 2 .05s when the first one is closed the 2nd would still be 5 so you wouldnt be losing any more profit than you would have had, you could close them at the same time and keep your 10 but if that 2nd open trade ran up to 30 pips youd be at 15 so...
lol,,, nothing to add really ,, for myself it all depends on where its at in the loop,, and how much room I got to play with
  • #13,554
  • Nov 16, 2020 5:40pm Nov 16, 2020 5:40pm
Quoting digger1
{quote} remember your circle there to the left ,there is a reason it there ,, area circled on previous m180 chart posted ,, ,,,,,,,,,,, lst weeks pivot probably be a bit of a stick in the mud ,, those are where you are at ,, now its who does what where to take the little journey thru the forest {image}
oh shit my 45m hw above your post looks very similar to yours, i might be on to something , i know you had me set it up like ya just meant my lines and the circling of the drop zone. but yep yDR2 is right in that area as well.
  • #13,555
  • Nov 16, 2020 5:43pm Nov 16, 2020 5:43pm
Quoting rayoub
{quote} honestly was hoping digger would put his thoughts in lol, does that kind of make more sense?
Getting there

Any thoughts digger?

A few years of the pump and dump education out there that programmes the mind is hard to break.
  • #13,556
  • Nov 16, 2020 5:47pm Nov 16, 2020 5:47pm
on the drop ,, well as they say in racing ya pretty much run what ya brung on tht spike down ,, fck from phn and running a combine ya aint even gonna get to many bangers off jst gonna have what ya loaded ,say like at last weeks S1 lvl ,, ya know the one pointed out lol well before hand ,, ,, however ,,, knowing tht big ole white line was there ,,, different story coming back up ,,,
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  • #13,557
  • Nov 16, 2020 5:47pm Nov 16, 2020 5:47pm
My home work it was not clear enough to know where is the level i should see it . I have to rearrange my chart again ( pivot and level).Thanks , pattern i can not see very clear this time ,may be later then.
  • #13,558
  • Nov 16, 2020 5:51pm Nov 16, 2020 5:51pm
Sorry guys,
Full of dumb questions today...
Here's another...

Digger, I recall you saying not long ago that if you're in front of your pc the you know pretty quickly if you've got something wrong.

How would you know this?
Would it be a case of the trade going against you for a certain distance?
Or perhaps a certain amount of time in the trade moving/going nowhere where it is expected to pop/bounce?

Or do we need to work on our Jedi skills and we will simply know it when we reach Yoda status?
  • #13,559
  • Nov 16, 2020 5:53pm Nov 16, 2020 5:53pm
didnt take em long to buy er up
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  • #13,560
  • Nov 16, 2020 5:58pm Nov 16, 2020 5:58pm
Quoting ShaneAUS
Sorry guys, Full of dumb questions today... Here's another... Digger, I recall you saying not long ago that if you're in front of your pc the you know pretty quickly if you've got something wrong. How would you know this? Would it be a case of the trade going against you for a certain distance? Or perhaps a certain amount of time in the trade moving/going nowhere where it is expected to pop/bounce? Or do we need to work on our Jedi skills and we will simply know it when we reach Yoda status?
lol,, draw a fcking line ,, dont need fancy shit jedi warrior and light sabers ,,, if your line dnt hold ,,, well ya probably kill it quick
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