Do you think you can turn $200 into $400 in six weeks?
forex_trader_169857
Member Since Dec 31, 2013
170 posts
Jul 09, 2014 at 10:13
CrazyTrader posted:
Martingale works when market ranges
Yes, if you are talking about progressive grid martingale. But there are various type of martingales; for example static break-out, reverse progression or even the flip coin type..
Member Since Nov 21, 2011
1718 posts
Jul 09, 2014 at 10:28
MyFxTrader posted:CrazyTrader posted:
Martingale works when market ranges
Yes, if you are talking about progressive grid martingale. But there are various type of martingales; for example static break-out, reverse progression or even the flip coin type..
Indeed, I wasn't aware of these different martingales' style.
@Mr Professor53... he should be the expert.
forex_trader_13434
Member Since Jun 10, 2010
2 posts
Jul 09, 2014 at 17:36
(edited Jul 09, 2014 at 17:42)
Yes possible....
Watch this now and after 4 weeks.....
https://www.myfxbook.com/members/fx100/fxpacer001/965178
Opss.... my response was for title of this thread....:( later I realized that talk is about Martingale Trading
Watch this now and after 4 weeks.....
https://www.myfxbook.com/members/fx100/fxpacer001/965178
Opss.... my response was for title of this thread....:( later I realized that talk is about Martingale Trading
Member Since Nov 21, 2011
1718 posts
Jul 09, 2014 at 21:41
fx100 posted:
Opss.... my response was for title of this thread....:( later I realized that talk is about Martingale Trading
You are in the right topic!
We are watching you... Keep going.
Member Since Nov 21, 2011
1718 posts
Jul 09, 2014 at 21:46
(edited Jul 09, 2014 at 21:47)
I just realized that in fact mr M.K. always wanted to talk about MAE
Maximum Average Excursion...which is calculated for the last 200 trades into the advanced statistics:
Maximum Average Excursion...which is calculated for the last 200 trades into the advanced statistics:
Attachments:
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Jul 10, 2014 at 09:08
I miss him so much 😭
Jul 10, 2014 at 10:47
CrazyTrader posted:
I just realized that in fact mr M.K. always wanted to talk about MAE
Maximum Average Excursion...which is calculated for the last 200 trades into the advanced statistics:
You have found another name for it,yet MK was simply basing the name 'Pip-drawdown' on statistic which is listed once you have linked your account.
Jul 10, 2014 at 10:50
I have a very strange feeling that @AmberLynn is actually @Master_Kiwa ....
Jul 10, 2014 at 10:51
MyFxTrader posted:CrazyTrader posted:
Martingale works when market ranges
Yes, if you are talking about progressive grid martingale. But there are various type of martingales; for example static break-out, reverse progression or even the flip coin type..
Thank you for pointing that out. You most certainly have different types of martingale. Yet, martingale alone won't be enough for you to be able to make enough profit worth posting about. The actual system itself needs to be adapted to martingale in order to increase your chances of profit.
Jul 10, 2014 at 10:53
dchara01 posted:
I have a very strange feeling that @AmberLynn is actually @Master_Kiwa ....
Snail trading please don't begin a pissing match. We are trying to have some valuable post here,and it appears that we are moving in the right direction. If you have nothing useful to add, please re frame from posting.
Member Since Nov 21, 2011
1718 posts
Jul 10, 2014 at 11:23
dchara01 posted:
That's MK's way to say: refrain from posting.... :)
Lol.. it could be, anyway:
Here is how to read MAE. This data is provided by Myfxbook since a long time.
This is Pip ddrawdown summarized for the last 200 trades:
Attachments:
Jul 10, 2014 at 14:34
CrazyTrader posted:dchara01 posted:
That's MK's way to say: refrain from posting.... :)
Lol.. it could be, anyway:
Here is how to read MAE. This data is provided by Myfxbook since a long time.
This is Pip ddrawdown summarized for the last 200 trades:
Which is where martingale makes the difference. Most of your trades CrazyTrader are under the 0 pip-drawdown limit. What the graph doesn't show is how many lots were each trade. Even you take avg it isn't a good measure. If I use martingale and most of my small trades are big pip losses, and my big wagers are 0 pip drawdown, wouldn't that offset the losses?
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Jul 10, 2014 at 15:01
[Post deleted - non related content]
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Jul 10, 2014 at 15:40
@AmberLynn
I'll respect your fresh start. I'm glad you are here and you make me very happy. We will have a long and constructive chat ;)
I'll respect your fresh start. I'm glad you are here and you make me very happy. We will have a long and constructive chat ;)
Member Since Nov 21, 2011
1718 posts
Jul 10, 2014 at 15:48
ahuruglica posted:
@AmberLynn
I'll respect your fresh start. I'm glad you are here and you make me very happy. We will have a long and constructive chat ;)
YES M.K is back : )
*MAE isn't here to show you any performance or trading style.
I show you where you can find out about your pip drawdown instead of looking at trades one by one. lol.
We know your style... when you can't be patient to trade your strategy you open trades like 0.01 so it messes up your stats.
Please check out your filters into customize option
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Jul 10, 2014 at 16:40
(edited Jul 10, 2014 at 16:41)
MAE and MFE are metrics that visualize how much loss (profit) the trade experiences before it was closed.
Basically they were made ti show if the trades went according the plan and if the trader respects hard SL or TP.
Of course it was no relevance with pip-dd.
Basically they were made ti show if the trades went according the plan and if the trader respects hard SL or TP.
Of course it was no relevance with pip-dd.
