What's the best way to trade Martingale Forex Trading
Membre depuis Nov 21, 2011
posts 1718
Mar 29, 2015 at 14:50
(édité Mar 29, 2015 at 14:51)
Scalping101 posted:
Trader A has a 1:1 ratio risk 100 to get 100
Trader B has a 1:1 ratio risk 10 to get 10
Also, in your exemple with see that you ignore what I tried to describe.
Why do you limit Risk/Reward to 1/1 ???
what about a smart trader C (CrazyTrader : ) ) that has a 1:10 ratio risk 10 to get 100
why when we talk about martingale, views are locked into 'casino' reward? this is stereotype. Look outside the box.
forex_trader_202879
Membre depuis Aug 07, 2014
posts 406
Mar 29, 2015 at 15:01
CrazyTrader posted:Scalping101 posted:
Trader A has a 1:1 ratio risk 100 to get 100
Trader B has a 1:1 ratio risk 10 to get 10
Also, in your exemple with see that you ignore what I tried to describe.
Why do you limit Risk/Reward to 1/1 ???
what about a smart trader C (CrazyTrader : ) ) that has a 1:10 ratio risk 10 to get 100
why when we talk about martingale, views are locked into 'casino' reward? this is stereotype. Look outside the box.
He is ignoring what you are trying to say, because that isn't what martingale is.... Martingale is only a 'recovery system'. Meaning you only place increasing lots to cover the lost you just experienced. Martingale is locked into casino reward because that is where it is derived from. You live in a bubble world which of course made of fairytales, and when you had a chance to trade with us in the live world YOU BLEW IT!
Membre depuis Nov 21, 2011
posts 1718
Mar 29, 2015 at 15:42
(édité Mar 29, 2015 at 15:43)
Cholipop posted:
He is ignoring what you are trying to say, because that isn't what martingale is.... Martingale is only a 'recovery system'. Meaning you only place increasing lots to cover the lost you just experienced. Martingale is locked into casino reward because that is where it is derived from. You live in a bubble world which of course made of fairytales, and when you had a chance to trade with us in the live world YOU BLEW IT!
OMG the noob is back.
You are so useless man... you just said a martingale is a recovering system. Once more you are blind, and you can't understand my point... but lol, I'm not surprised at all... we are used to it.
No one says that martingale must be used like in casion like risk/reward 1:1... but you all do this way... haha.
Membre depuis Jun 28, 2011
posts 465
Mar 30, 2015 at 00:11
Another way to do a martingale would be to double the range size instead of the lot size. You would decide whether to buy or sell by finding the center price and buying below it and selling above. Just increase the lot size by 1. In other words we start with .01 lots then .02, .03, .04, ... until we win and then start over. While our range size (range = open - stop-loss) starts at 10 pips then doubles to 20 pips, 40, 80 ... pips. This will slow down the trades when the price is going against us but give a better return shorting the range size when the price is going in our favor.
Doing it this way does involve the martingale as part of the system, to some extent.
Bob
Doing it this way does involve the martingale as part of the system, to some extent.
Bob
where research touches lives.
forex_trader_202879
Membre depuis Aug 07, 2014
posts 406
Mar 30, 2015 at 06:37
Sounds great in theory, until you actually use it in real life, and end up burning the account.
Membre depuis Nov 21, 2011
posts 1718
Mar 30, 2015 at 07:23
ForexAssistant posted:
Another way to do a martingale would be to double the range size instead of the lot size. You would decide whether to buy or sell by finding the center price and buying below it and selling above. Just increase the lot size by 1. In other words we start with .01 lots then .02, .03, .04, ... until we win and then start over. While our range size (range = open - stop-loss) starts at 10 pips then doubles to 20 pips, 40, 80 ... pips. This will slow down the trades when the price is going against us but give a better return shorting the range size when the price is going in our favor.
Doing it this way does involve the martingale as part of the system, to some extent.
Bob
Glad to see that someone is able to get my whole idea. Except that my stop Loss won't change, otherwise this will have a bad effect on cumulative loss.
If you have a very good strategy to allow accurate Pip-Drawdown (Entry accurancy), then you don't need to take futher risk by increasing StopLoss...as the strategy will work sooner than later.
I see you have added the account to your watchlist and I will post back here in few time, and we will see how the account goes wild. : )
Membre depuis Nov 21, 2011
posts 1718
Mar 30, 2015 at 08:08
(édité Mar 30, 2015 at 08:09)
Cholipop posted:Lol, the scammer had no choice to admit the power of my martingale view
Sounds great in theory
Cholipop posted:Seems that you are the only who still doesn't know how to use FX Blue
until you actually use it in real life
Cholipop posted:Don't wish too much... you have some serious ill/mathematics problem, explain to the world how you blow an account with 10 pips SL?
and end up burning the account.
Anyway you have been suspended for a couple of weeks... if this wasn't enough for you I will make sure next you get banned for ever.
Membre depuis Oct 11, 2013
posts 775
Mar 30, 2015 at 10:27
Martingale can be used as a recovery system or a just a managing system if you know how to use it. I know traders that use martingale succesfully, but they are aware that the capital in their account is not infinte and they use capital % based stop losses to close all their trades. For example, you decide to use martingale, but you also decide not to lose more than 40% or 50% of your account. The distribution of your entries is a different story, and that's where the thinking begins.But dont get me wrong, martingale does require a relatively large account and you must be willing to lose big.
Membre depuis Nov 21, 2011
posts 1718
Mar 30, 2015 at 10:52
No, this is what I try to demonstrate, martingale is a very powerfull tool for exponential profit combined with extremely low risk.
Give me 2 months time... so I have something to show.
Give me 2 months time... so I have something to show.
Mar 30, 2015 at 11:12
CrazyTrader posted:Cholipop posted:Lol, the scammer had no choice to admit the power of my martingale view
Sounds great in theoryCholipop posted:Seems that you are the only who still doesn't know how to use FX Blue
until you actually use it in real lifeCholipop posted:Don't wish too much... you have some serious ill/mathematics problem, explain to the world how you blow an account with 10 pips SL?
and end up burning the account.
Anyway you have been suspended for a couple of weeks... if this wasn't enough for you I will make sure next you get banned for ever.
Considering your trading results that are worst than random.
Losing 10 pips would be about 10X more likely than getting 100. Thats if you improve youre trading to random - you are not there yet.
and series of about 13 losing trades will wipe your account (size of chance of your life )dummy.
You think you discovered again something new and smart.
but again, its just a gambler fallacy, next to your chartists illusion.
Get investors and get paid 15 percent of theyr profits. More on my website.
forex_trader_202879
Membre depuis Aug 07, 2014
posts 406
Mar 30, 2015 at 11:17
CrazyTrader posted:
No, this is what I try to demonstrate, martingale is a very powerfull tool for exponential profit combined with extremely low risk.
Give me 2 months time... so I have something to show.
Please demonstrate it in a LIVE account. I wonder why you didn't use martingale with that account called 'chance of my life'. lmao All in all in theory it 'works', but once you go live it seems to never work out as planned. Please crazytrader, upload a real account, even if it is for 100 usd and show us how it is done.
forex_trader_202879
Membre depuis Aug 07, 2014
posts 406
Mar 30, 2015 at 11:17
alexforex007 posted:
Martingale can be used as a recovery system or a just a managing system if you know how to use it. I know traders that use martingale succesfully, but they are aware that the capital in their account is not infinte and they use capital % based stop losses to close all their trades. For example, you decide to use martingale, but you also decide not to lose more than 40% or 50% of your account. The distribution of your entries is a different story, and that's where the thinking begins.But dont get me wrong, martingale does require a relatively large account and you must be willing to lose big.
Excellent point... The distribution of the % of your lots using martingale is another key factor. It all goes back to the system you are actually using.
Membre depuis Feb 22, 2011
posts 4862
Mar 30, 2015 at 11:42
Martingale is not trading system. It does not tell you when to enter the trade.
It is just money management system telling you to increase trade size when equity decreases. That's risky though.
It is just money management system telling you to increase trade size when equity decreases. That's risky though.
Membre depuis Nov 21, 2011
posts 1718
Mar 30, 2015 at 12:08
togr posted:
Martingale is not trading system. It does not tell you when to enter the trade.
It is just money management system telling you to increase trade size when equity decreases. That's risky though.
No one is saying that Martingale is a trading system.
As for a money management, I don't like martingale as it is very risky... therefore not appropriate for money management.
The way I define martingale isn't risky, because I use very tight SL and that lotsize is increased when capital decreases, not equity, which is SO DIFFERENT.
I really wonder why I give this tricks to you guys.... and it's not my fault if you can't see how to use it. I have taken the time to explained it enough.
Membre depuis Nov 21, 2011
posts 1718
Mar 30, 2015 at 12:10
Cholipop posted:
Please demonstrate it in a LIVE account.
I don't have to demonstrate anything in live.
A theory live or demo in practice doesn't change anything.
From february, performance shows my winning research.
Membre depuis Nov 21, 2011
posts 1718
Mar 30, 2015 at 12:11
Regarding the noob frustrated tiger... I don't even bother to quote useless comment as usual.
Membre depuis Jun 28, 2011
posts 465
Mar 30, 2015 at 12:57
I don't need to comment on a martingale anything, as the martingale will stand or fall on its own but I will have to side with CrazyTrader on showing live accounts on an open web, you are just begging for problems. In the States there is a company that helps protect against identity theft. To sell his service the own put his social security number on the side of a truck with his advertisement for lifelock.
Not only did his bank accounts get hacked but so did his business. He didn't have so much money that it got hackers interested in him, it was just his brazen claims of being safe. Needless to say, he doesn't do that anymore. Traders manage risk, you can't avoid it and even the best traders have bad days but you are not managing risk by putting information from your live account out there where you can get someone interested in what you have.
As a trader you have to control your emotions, so if I say to you that since you are using a demo account your information or opinions don't count. Does that put more money in your bank account? Does it take money away? No, then what doesn't count is my opinion. Don't let your emotions get in the way of your logic. I don't show live accounts and never will. If someone doesn't want to try out a no loss trading system because it isn't shown on a live account, that person is stupid and should not be trading in the first place.
By the way, this too is my opinion and you don't have to listen to any of this either if it doesn't make rational sense to you.
Bob
Not only did his bank accounts get hacked but so did his business. He didn't have so much money that it got hackers interested in him, it was just his brazen claims of being safe. Needless to say, he doesn't do that anymore. Traders manage risk, you can't avoid it and even the best traders have bad days but you are not managing risk by putting information from your live account out there where you can get someone interested in what you have.
As a trader you have to control your emotions, so if I say to you that since you are using a demo account your information or opinions don't count. Does that put more money in your bank account? Does it take money away? No, then what doesn't count is my opinion. Don't let your emotions get in the way of your logic. I don't show live accounts and never will. If someone doesn't want to try out a no loss trading system because it isn't shown on a live account, that person is stupid and should not be trading in the first place.
By the way, this too is my opinion and you don't have to listen to any of this either if it doesn't make rational sense to you.
Bob
where research touches lives.
Membre depuis Nov 21, 2011
posts 1718
Mar 30, 2015 at 13:02
mavericks posted:
Thats if you improve youre trading to random - you are not there yet.
yeah my performance are visible and still update every 5 minutes.
Let's talk about yours, it will be very good example for you guys to understand the difference between martingale vs Averaging:
Ps: Who needs to learn to trade???
Fichiers joints:
Membre depuis Nov 21, 2011
posts 1718
Mar 30, 2015 at 13:10
ForexAssistant posted:
I don't need to comment on a martingale anything, as the martingale will stand or fall on its own but I will have to side with CrazyTrader on showing live accounts on an open web, you are just begging for problems. In the States there is a company that helps protect against identity theft. To sell his service the own put his social security number on the side of a truck with his advertisement for lifelock.
Not only did his bank accounts get hacked but so did his business. He didn't have so much money that it got hackers interested in him, it was just his brazen claims of being safe. Needless to say, he doesn't do that anymore. Traders manage risk, you can't avoid it and even the best traders have bad days but you are not managing risk by putting information from your live account out there where you can get someone interested in what you have.
As a trader you have to control your emotions, so if I say to you that since you are using a demo account your information or opinions don't count. Does that put more money in your bank account? Does it take money away? No, then what doesn't count is my opinion. Don't let your emotions get in the way of your logic. I don't show live accounts and never will. If someone doesn't want to try out a no loss trading system because it isn't shown on a live account, that person is stupid and should not be trading in the first place.
By the way, this too is my opinion and you don't have to listen to any of this either if it doesn't make rational sense to you.
Bob
In 2 words.... 'wise man'
Membre depuis Nov 21, 2011
posts 1718
Mar 30, 2015 at 13:34
(édité Mar 30, 2015 at 13:35)
mavericks posted:
Losing 10 pips would be about 10X more likely than getting 100
You are really so dumb that you can't get smart enough to get the whole logic.
Deposit: $1000
Attempt 1 => Losing $10
Attempt 2 => Losing $20
Attempt 3 => Losing $30
Attempt 4 => Losing $40
Attempt 5 => Losing $50
Attempt 6 => Losing $60
Attempt 7 => Losing $70
Attempt 8 => Losing $80
Attempt 9 => Losing $90
Attempt 10 => Winning $1000
Total gain: 1000 - (10 + 20 + 30 + 40 + 50 + 60 + 70 + 80 + 90) = $ 550
So fucking noob... does it matter to get 10 times more chance to hit SL rather TP as you make 55% in 1 trade???
All you need for this is a strategy like this one:
Fichiers joints:
