Martingale
Dec 01, 2016 at 08:22
CrazyTrader posted:
You have followed my call on UsdJpy... : )
150 pips left to the target => 116
You have used martingale on the right Currency pair on the right side of the market?... you are a champion!
Beleive the power of the trend...
@Tgor... The only times you have provided a signal for the last 7 years... Well You are wrong with your system and your breaking point. 'The wind is changing'
https://www.myfxbook.com/community/general/wind-is-changing/1318614,1
Nothing has changed for you, You can only grasp 5 pips here and there.... I repeat, you have no clue what market does!
Don't even try to predict.
CrazyTrader (CrazyTrader) Nov 24 at 16:28
Topic = Martingale
I'm off topic...
Yes you are
Nov 21, 2011からメンバー
1718 投稿
Dec 12, 2016 at 13:49
UsdJpy = 116 !!!
=> + 400 pips from the first post on this thread.
I would say I'm clearly into topic as I said to use martingale on UsdJpy and going long and adding trades to final target !!!
Please learn to read... and don't be frustrated : )
I don't like martingale... but when you use it on the right pair at the right time, your account can make 100% in a month in very easy way.
Beleive the power of the trend.... At least when you know market and when you can predict such violent move straight to the target without huge retracement.
While this time, your nice prediction on EurUsd... : )
https://www.myfxbook.com/community/general/wind-is-changing/1318614,1
Last week EurUsd closed below 1.0550.... Don't worry, one day EurUsd will turn back to the upside and your call will be right. LOL
You still need a lot of practice to determine the right Momentum and not confusing reversal trend vs simple retracement.
Good luck... This is not a race, each trader uses the time it needs to reach high level.
=> + 400 pips from the first post on this thread.
I would say I'm clearly into topic as I said to use martingale on UsdJpy and going long and adding trades to final target !!!
Please learn to read... and don't be frustrated : )
I don't like martingale... but when you use it on the right pair at the right time, your account can make 100% in a month in very easy way.
Beleive the power of the trend.... At least when you know market and when you can predict such violent move straight to the target without huge retracement.
While this time, your nice prediction on EurUsd... : )
https://www.myfxbook.com/community/general/wind-is-changing/1318614,1
Last week EurUsd closed below 1.0550.... Don't worry, one day EurUsd will turn back to the upside and your call will be right. LOL
You still need a lot of practice to determine the right Momentum and not confusing reversal trend vs simple retracement.
Good luck... This is not a race, each trader uses the time it needs to reach high level.
Dec 16, 2016 at 08:44
The Martingale is double postion when you are losing. Traders think thats all. they are losing because do not know nothing about money managent.
Pyramides
1) gemetric progressive
2) geometric digressive
3) arithetic progressive
4) arithmetic digressive
1) regular( grid)
2) unregular
Managing SL
1) treating every position separate- building set and waiting for TP
2) treating half separate- Moving SL with last Position
3) Treating all positions as one( always on BE)
Oposit Pyramides
Averaging position- it is also huge thema.
If You know how tu built position( when averaging, how big positions and when pyramides, you can make money)
But it is material for looong lesson :)
Martinagle, Pyramides, averaging is more like money managment than trading. It is more like chess than pure trading.
But if you do your homework you can make money on this type of trading :)
Pyramides
1) gemetric progressive
2) geometric digressive
3) arithetic progressive
4) arithmetic digressive
1) regular( grid)
2) unregular
Managing SL
1) treating every position separate- building set and waiting for TP
2) treating half separate- Moving SL with last Position
3) Treating all positions as one( always on BE)
Oposit Pyramides
Averaging position- it is also huge thema.
If You know how tu built position( when averaging, how big positions and when pyramides, you can make money)
But it is material for looong lesson :)
Martinagle, Pyramides, averaging is more like money managment than trading. It is more like chess than pure trading.
But if you do your homework you can make money on this type of trading :)
Dec 16, 2016 at 09:11
koval posted:
The Martingale is double postion when you are losing. Traders think thats all. they are losing because do not know nothing about money managent.
Pyramides
1) gemetric progressive
2) geometric digressive
3) arithetic progressive
4) arithmetic digressive
1) regular( grid)
2) unregular
Managing SL
1) treating every position separate- building set and waiting for TP
2) treating half separate- Moving SL with last Position
3) Treating all positions as one( always on BE)
Oposit Pyramides
Averaging position- it is also huge thema.
If You know how tu built position( when averaging, how big positions and when pyramides, you can make money)
But it is material for looong lesson :)
Martinagle, Pyramides, averaging is more like money managment than trading. It is more like chess than pure trading.
But if you do your homework you can make money on this type of trading :)
Not exactly, martingale is increasing your trade size when your equity decreases.
Most common form of martingale is indeed doubling position after lose.
When you are averaging position it is still form of martingale as you are increasing total open position while your equity decreasing.
It is less aggressive though.
forex_trader_361972
Sep 21, 2016からメンバー
28 投稿
Dec 18, 2016 at 08:09
NEEnah posted:
I would like just to add one point I read on Wikipedia - 'The fundamental reason why all martingale-type betting systems fail is that no amount of information about the results of past bets can be used to predict the results of a future bet with accuracy better than chance.'
It is pure gambling, nothing to deal with trends or analysis of the market in my opinion. I think vontogr@ is right that it is about following a losing trade.
You hit the target!
Dec 19, 2016 at 08:46
koval posted:
Sorry but i have to disagree with you. Martingale is ONLY WHEN YOU DOUBLE POSITIONS AFTER LOSING, any another form is averaging.
@koval
martingale is if you for example triple position each time
averaging is adding more of the position of the same time
back to school lad
Dec 19, 2016 at 09:52
@vontogr, not me, but Paul Pierre Lévy and Joseph Leo Doob. From wikipedia 'Originally, martingale referred to a class of betting strategies that was popular in 18th-century France.[1][2] The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler DOUBLE his bet after every loss so that the first win would recover all previous losses plus win a profit equal to the original stake'
Dec 19, 2016 at 10:46
koval posted:
@vontogr, not me, but Paul Pierre Lévy and Joseph Leo Doob. From wikipedia 'Originally, martingale referred to a class of betting strategies that was popular in 18th-century France.[1][2] The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler DOUBLE his bet after every loss so that the first win would recover all previous losses plus win a profit equal to the original stake'
Read this
https://www.traderplanet.com/articles/view/163479-the-power-of-money-management/
Types of Money Management
All money management strategies can be broken down into two fundamental methods: martingale and anti-martingale. Martingale money management strategies are based on increasing the risk and position size after losses, while anti-martingale methods will only increase risk and position sizes with profits. The goal with a martingale approach is to make up for losses by risking more money. The challenge with the martingale method is that there can be unrecoverable catastrophic losses, and it's almost impossible psychologically to apply this approach to a trading account over time. For these reasons traders should always consider anti-martingale methods.
Doubling the trade size after loss is only one variant of martingale
Nov 21, 2011からメンバー
1718 投稿
Dec 19, 2016 at 11:10
Doubling the trade size after loss is called martingale. Any different methods are variant of martingale.
Only narrow vision brings 2 fundamental methods of Money Management. Both of described money management (martingale vs anti-martingale) involes risk.
My Money Management System eliminates risk at some point and allows to double lotzise on each trade with ZERO RISK.
How is this possible? Anyone can find the solution?
Only narrow vision brings 2 fundamental methods of Money Management. Both of described money management (martingale vs anti-martingale) involes risk.
My Money Management System eliminates risk at some point and allows to double lotzise on each trade with ZERO RISK.
How is this possible? Anyone can find the solution?
Nov 21, 2011からメンバー
1718 投稿
Dec 19, 2016 at 14:46
koval posted:
@CrazyTRader - Triangle arbitrage? :)
You must developp... Provide example. I don't know this stuff ^^
Dec 22, 2016 at 11:46
In short way(very short way) looks like this. You have three curriences for example. eur, usd, gbp
You make three pairs of it:
eurusd
gbpusd
eurgbp
each carrencies exist in two pairs, and now i 'play' with direction(long, short) and size of positions( for finding correct size i use risk calculator https://en.calculators.consiliuminvest.com/) to hedge each other.
It is similar idea as with gold and silver. Go on deferent directions( deferent size of position)
You make three pairs of it:
eurusd
gbpusd
eurgbp
each carrencies exist in two pairs, and now i 'play' with direction(long, short) and size of positions( for finding correct size i use risk calculator https://en.calculators.consiliuminvest.com/) to hedge each other.
It is similar idea as with gold and silver. Go on deferent directions( deferent size of position)
Nov 21, 2011からメンバー
1718 投稿
Dec 22, 2016 at 13:16
koval posted:
In short way(very short way) looks like this. You have three curriences for example. eur, usd, gbp
You make three pairs of it:
eurusd
gbpusd
eurgbp
each carrencies exist in two pairs, and now i 'play' with direction(long, short) and size of positions( for finding correct size i use risk calculator https://en.calculators.consiliuminvest.com/) to hedge each other.
It is similar idea as with gold and silver. Go on deferent directions( deferent size of position)
So you have hedged.
The question is how can we use variant of martingale and doubling lotsize on each consecutive trade while risk is zero?
Anyone find the solution of the problem?
Is this possible?
forex_trader_361972
Sep 21, 2016からメンバー
28 投稿
Dec 22, 2016 at 14:59
CrazyTrader posted:koval posted:
In short way(very short way) looks like this. You have three curriences for example. eur, usd, gbp
You make three pairs of it:
eurusd
gbpusd
eurgbp
each carrencies exist in two pairs, and now i 'play' with direction(long, short) and size of positions( for finding correct size i use risk calculator https://en.calculators.consiliuminvest.com/) to hedge each other.
It is similar idea as with gold and silver. Go on deferent directions( deferent size of position)
So you have hedged.
The question is how can we use variant of martingale and doubling lotsize on each consecutive trade while risk is zero?
Anyone find the solution of the problem?
Is this possible?
Ou ... well guys, so far I have not found him.
Nov 21, 2011からメンバー
1718 投稿
Dec 22, 2016 at 15:00
(編集済みのDec 22, 2016 at 15:01)
jannel posted:
Ou ... well guys, so far I have not found him.
Were you really looking for it? ^^
Or just waiting for the solution?
forex_trader_349955
Aug 07, 2016からメンバー
37 投稿
Dec 22, 2016 at 15:29
BaldoN posted:
Martingale is a time bomb. You can try as many experts but its just a matter of time to blow your account. Just avoid them it would save you a lot of time and money trust me. Cheers
I do not trust the Martingale. I have not used this and I do not think I will use it.
Dec 23, 2016 at 13:53
CrazyTrader posted:koval posted:
In short way(very short way) looks like this. You have three curriences for example. eur, usd, gbp
You make three pairs of it:
eurusd
gbpusd
eurgbp
each carrencies exist in two pairs, and now i 'play' with direction(long, short) and size of positions( for finding correct size i use risk calculator https://en.calculators.consiliuminvest.com/) to hedge each other.
It is similar idea as with gold and silver. Go on deferent directions( deferent size of position)
So you have hedged.
The question is how can we use variant of martingale and doubling lotsize on each consecutive trade while risk is zero?
Anyone find the solution of the problem?
Is this possible?
I so far have not succeeded, you have been able to do it?
Dec 23, 2016 at 13:57
Hey guys, the second page of this article speaks a bit more of Martingale and system types. Perhaps you are interested in. https://www.x-trader.net/articulos/trading-general/la-falacia-de-la-martingala/P%C3%A1gina-2.html
