Ping's EA Signal Service
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Ping's EA Signal Service Discussion
Jan 11, 2013 at 01:47
813 Views
6 Replies
Apr 12, 2013 at 09:35
Member Since May 04, 2012
1608 posts
May 16, 2013 at 09:05
(edited May 16, 2013 at 09:06)
It is a common knowledge that Martingale strategies fail. ALWAYS. It is just a question of time.
I am not blaming the developer, Do Manh Hung (or anybody else) chasing the pipedream of the famous 'Martingale Mirage'. It is good to have dreams, but this one is a very costly one. Just imagine this current DD with a 100k investment, especially if you had joined right before the start of it. Ouch!
Just be aware of the 'Martingale Mirage'!
I am not blaming the developer, Do Manh Hung (or anybody else) chasing the pipedream of the famous 'Martingale Mirage'. It is good to have dreams, but this one is a very costly one. Just imagine this current DD with a 100k investment, especially if you had joined right before the start of it. Ouch!
Just be aware of the 'Martingale Mirage'!
Member Since May 04, 2012
1608 posts
May 16, 2013 at 10:01
maxpro_vn posted:
Thanks!
You are welcome! And 'trade for happy!' as your quote says... Although I have missed the 'happy' part....
Member Since May 04, 2012
1608 posts
May 17, 2013 at 09:18
This strategy is just getting 'happier and happier', day-by-day...
It is hard to believe that this classical Martingale EA has not crashed in its claimed 11 years of backtests, as it crashes now, ONLY 5 months into its live forward test.
It is hard to believe that this classical Martingale EA has not crashed in its claimed 11 years of backtests, as it crashes now, ONLY 5 months into its live forward test.
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