Bhel puri...Improving Brooks the Padu Way

Discussion in 'Journals' started by padutrader, Nov 25, 2021.

  1. padutrader

    padutrader

    i do not want straight forward

    that means trends

    i want traps.....this is the most money in least amount of time

    traps are why 95% of traders lose money....and why i did too for along time

    it is not hat traders do not make money they make it in trends and lose it in ranges where volatility is so high you cannot put a stop right...they take your stops ..money for jam
     
    Last edited: Dec 8, 2021
    #191     Dec 8, 2021
  2. padutrader

    padutrader

    do you know the margins on Indian futures...........? no way i can put that up
     
    #192     Dec 8, 2021
  3. padutrader

    padutrader

    it is distracting me posting

    after 10 years my fixed income is not enough.

    money is what i need now is money; no more fucking around
     
    #193     Dec 8, 2021
    easymon1 likes this.
  4. easymon1

    easymon1

    What about stocks and then options?
     
    #194     Dec 8, 2021
  5. padutrader

    padutrader

    i wnat usd not fucking rupees .....multiply by 80
     
    #195     Dec 8, 2021
  6. easymon1

    easymon1

    Padman getting Serious.
    delete ksdf.jpg kdhf.jpg
     
    Last edited: Dec 8, 2021
    #196     Dec 8, 2021
    ChipShotTrader likes this.
  7. easymon1

    easymon1

    Whatever are you saying, it's a game of percent gain or percent loss.
    If the local currency is losing value faster than some other local currency, that's a separate issue.
    If you can reap x% increase per month trading ES and can reap X+Y% increase per month trading Indian Exchange Stocks and or Options, then protecting your gains becomes a separate bucket of activity. Digme?
     
    #197     Dec 8, 2021
  8. padutrader

    padutrader

    i get max 10 times leverage in Indian futures
     
    #198     Dec 8, 2021
  9. easymon1

    easymon1

    What's your point, Padman?
     
    #199     Dec 8, 2021
  10. padutrader

    padutrader

    just because a market is moving in a direction ...it is not a trend.....it is structure that determines whether the move is a trend or a wedge.

    this beginners will never understand and then they wonder why a 'strong trend ' suddenly reversed on them.

    that is why brooks says if it is not a trend then you know it will reverse so scale and put a wide stop...

    i scale in without a stop since i know it is a trap and it will reverse it trade fairly small though
     
    Last edited: Dec 8, 2021
    #200     Dec 8, 2021