Martingaling - Looks so good until the inevitable - Page 2
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Thread: Martingaling - Looks so good until the inevitable

  1. #11
    Quote Originally Posted by ;
    quote Not to select a lot of, but a 100 pip loss (SL) to a 150 pip win (TP) is a 1.5 to 1 risk-reward. However, I believe I backtested a comparable egy on MT4, with mixed effects. I say blended because my feeling was that the system did require a level of user intellect to succeed. If the system was deployed in the direction of the prevailing tendency, it did fantastically. Say for instance, you set a martingale to short and only short EUR/USD around the beginning of May 2014 (when it had been 1.4000 or so) with a 50 pip SL and...
    Naturally, analyzing on historic data has the benefit of using 20-20 hindsight.... As the trend was growing, trends like the trend from May 1st, 2014 have I accurately predicted? Eh, not too many....

  2. #12
    Quote Originally Posted by ;
    quote Naturally, analyzing on historical data has the benefit of using 20-20 hindsight.... As the fad was evolving many trends like the EUR/USD down trend in May 1st, 2014 have I predicted? Eh, not too many....
    This along with also your last post are bang on. Martingaling, like all other approaches can operate for a period. If you are using the fad then naturally you will do well supplied your lot sizing is appropriate enough for any sustained period of drawdown that could occur. For limitations and your stops. Tighter will result in more Stops or smaller profits and much more transactions meaning some pullback in a 1 way trade approach may cut you short, bigger means you may go a longer intervals but you could also miss many chances once the market is moving your way.

    This ribbon has, like most Martingale threads, create some heated conversation but I only brought it about out of memory to highlight that the approach usually has and volatile end. You are able to withdraw funds along the way and if you can be successful using it for a period, so that that the market has that instant that may wipe out you that it hasn't been bad.

    I really don't understand the answer, I just took a scenario that I'd followedwas wowed at from the evolution and then had that glimpse into the madness of Why would you do so. For me, it opened eyes to see and account that took years to construct, wiped out in a week. Thats the astrophe of it.

    Take Care

    RT

  3. #13
    Quote Originally Posted by ;
    quote Razor, my buddy, my brother. Please place me if you want to store this thread and Majix on your ignore list. Thank you in advance. ....Later, remove me.
    Only people that really piss me off go on my ignore list and it's a fairly exclusive list in the moment with a total of 3. I enjoy the back and forth banter, it keeps the thread

  4. #14
    Very reasonable approach Razor trader
    many accounts are dismissed like this and not just martingale. Traders with lots of experience get plogical with amounts, they begin to trust that so an so currency is money, or that the real value of the currency must be this or else they interpret the reality in terms such as the US $ is doomed because Obama is poor or so the Euro is finished because Greece is exiting the EU
    Recall for each buyer there's a seller hence for every person considering that the euro is weak at 1.19 like today there is one that thinks 1.19 is too significant.
    The martingale approach along with other egy is just a way of realloing risk. It is true that one win can make you recover all of your losses but it is likewise a fact that t some stage you can have nine eleven consecutive erroneous entrance points and loose much more - or what
    For me it all depends on your tolerance of risks. Being in crimson able and keep adding to it'll kill accounts but should you have 4million $ us in your trading account that 1%, is just like risking 10 $ when you've 10000 $. So every trader must be familiar with his level of risks
    for my own account and my own trading I m ok with risking 10000 $, I could live with 20000 $ drawdown and also have discovered that I do poor - panick or close too early with larger losses. I dont have a 4 million account hint hint. I have learned to manage my own risk such as that, once in the uncomfortable zone I split the risk. Say I have a wager of 30000 $ split the wager in ten -, I to make on transactions to recover past losses - a series of 9 losses currencies pairs - with their signals. This way of course it takes much more time to recover the money risked on the first bet sometimes because you will win on certain pairs but on some others you are likely to wind up getting also risking capital and having it splitted again. However, you handle the risk from the sense that you never risk everythng on a single wager while keeping the usefulness of the martingale approach and winning with a single wager losses.

  5. #15
    I know its a bit late but can somebody please inform me who was the trader who turned his $1000 to $125000? Thanks.

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