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5% average monthly profit for at least 2 years (with less than 25% max. DD)

zarni
Oct 22 2015 at 10:02
29 posts
VPTrader posted:
Please understand everyone, just like @zarni says it doesn´t need to be a mart/grid simply beacuse there is a net pips loss on the acc. Trading doesn´t come down to how many pips you make, but rather the position size you use for the 'winning pips'. Let´s say ju trade small (0,01 lots) all day an lose money (-50 pips alltogether) and then you make money on the last trade for the day, and this times you trade with 1 lot (100 times bigger pos. size) but only make + 20 pips. Then you will still have neg. pips for the day, but have made money in total. I have seen this many times, so it doesn´t need to be a mart or grid simply because there is a neg. pip balance. I could have to to with how you positions size in your trading.


Thanks VPTrader. I thought I explained this pretty clearly.
Apparently not clearly enough for some. Perhaps repeating it a few more times may sink in.

vontogr (togr)
Oct 22 2015 at 10:05
4862 posts
VPTrader posted:
Please understand everyone, just like @zarni says it doesn´t need to be a mart/grid simply beacuse there is a net pips loss on the acc. Trading doesn´t come down to how many pips you make, but rather the position size you use for the 'winning pips'. Let´s say ju trade small (0,01 lots) all day an lose money (-50 pips alltogether) and then you make money on the last trade for the day, and this times you trade with 1 lot (100 times bigger pos. size) but only make + 20 pips. Then you will still have neg. pips for the day, but have made money in total. I have seen this many times, so it doesn´t need to be a mart or grid simply because there is a neg. pip balance. I could have to to with how you positions size in your trading.


Well if you increase trade size to cover the loss
It is martingale

zarni
Oct 22 2015 at 10:14
29 posts
togr posted:
VPTrader posted:
Please understand everyone, just like @zarni says it doesn´t need to be a mart/grid simply beacuse there is a net pips loss on the acc. Trading doesn´t come down to how many pips you make, but rather the position size you use for the 'winning pips'. Let´s say ju trade small (0,01 lots) all day an lose money (-50 pips alltogether) and then you make money on the last trade for the day, and this times you trade with 1 lot (100 times bigger pos. size) but only make + 20 pips. Then you will still have neg. pips for the day, but have made money in total. I have seen this many times, so it doesn´t need to be a mart or grid simply because there is a neg. pip balance. I could have to to with how you positions size in your trading.


Well if you increase trade size to cover the loss
It is martingale


yes but that is not what i did....read again please
anyway. why do i even waste my time on this forum.
good luck with your EAs and MT4s.
just want to see if the 'masterguru' will take the challenge. if he acknowledges you can all see it's not martingale.

VPTrader
Oct 22 2015 at 10:16
34 posts
@zarni Haha. No worries. I know you tell the truth here, so just wanted to clear this up so my e-mail account doesn´t need to be harrassed by all the comments ;)

@togr Stating it exactly as you do, I agree, but that´s not the case here. It´s not about 'covering loss' it´s about running two (or more) different and separate strategies in one account.

Strategy A: Not the best opportunities, but only 0,01 lots and perhaps you lose pips/money. Perhaps you would like to have some activity, not to get bored or perhaps other reason.

Startegy B: The absolut best opportunites which of course comes very seldom. You hit hard with bigger size and make money, but perhaps less in pips as you have lost on Strategy A.

SUM: YOU MAKE MONEY BUT LOSE PIPS. NO MART OR GRID INVOLVED SINCE THOSE ARE SEPARATE STRATEGIED AND TRADES. NO AVERAGING DOWN OR INCREAING LOSSES WHAT SO EVER. I HOPER THIS IS UNDETSTOOD NOW.




vontogr (togr)
Oct 22 2015 at 10:51
4862 posts
Guys,

I am out of this debate. Its waste of my time

FxMasterGuru (FxMasterGuru)
Oct 22 2015 at 11:52
1607 posts
VPTrader posted:
Please understand everyone, just like @zarni says it doesn´t need to be a mart/grid simply beacuse there is a net pips loss on the acc. Trading doesn´t come down to how many pips you make, but rather the position size you use for the 'winning pips'. Let´s say ju trade small (0,01 lots) all day an lose money (-50 pips alltogether) and then you make money on the last trade for the day, and this times you trade with 1 lot (100 times bigger pos. size) but only make + 20 pips. Then you will still have neg. pips for the day, but have made money in total. I have seen this many times, so it doesn´t need to be a mart or grid simply because there is a neg. pip balance. I could have to to with how you positions size in your trading.


Yes, correct, if you WIN on the 1 lot (i.e. 100 times bigger lot size).

But what if you LOSE on that 100x larger lot size...? As there is not guarantee that the 100x lot size will win.

Do you go for 10 lots or even 100 lots sizes with the next position? What if those become losers, too...?

Well, the answer is MARGIN CALL...

P.S. Even if you state that the larger lot sizes belong to another strategy, it does not change the facts. Position sizes don't care to which strategy they belong. In essence: it is still a MartiGrid.

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
FxMasterGuru (FxMasterGuru)
Oct 22 2015 at 12:05
1607 posts
togr posted:
@FxMasterGuru
Dear,

you are not right.

Caesar is still superstar https://www.myfxbook.com/members/togr/fxprimusc21/1364505
It actually fit the criteria of profit, max DD and age.:)


@togr

YOU ARE NOT RIGHT, dear Tomas!

Apparently you forgot about your most advertised and most popular 'Caesar400' strategy which has caused signficant losses for hundreds of naive subscribers, but good income for you...

Here is a subtle reminder: https://www.myfxbook.com/members/togr/caesar-400-eurusd/662462

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
zarni
Oct 22 2015 at 12:57
29 posts
FxMasterGuru posted:
togr posted:
@FxMasterGuru
Dear,

you are not right.

Caesar is still superstar https://www.myfxbook.com/members/togr/fxprimusc21/1364505
It actually fit the criteria of profit, max DD and age.:)


@togr

YOU ARE NOT RIGHT, dear Tomas!

Apparently you forgot about your most advertised and most popular 'Caesar400' strategy which has caused signficant losses for hundreds of naive subscribers, but good income for you...

Here is a subtle reminder: https://www.myfxbook.com/members/togr/caesar-400-eurusd/662462


OK this is the last time I will repeat this.
The trade was this opening a trade averaging in at multiple levels regardless of whether price was going up or down.
Short term strategy traded same instrument thereby netting out (closing the position) and reopening it within a minute or so.
Since at that point position was in drawdown it marked a loss at X times the pips for the multiple small positions.
The single position was closed some weeks later at a profit which more than made up for the loss previously booked.

The bottom line is MT4 is a retail platform and it counts stuff as separate positions. That does not happen on insitutional and this situation does not exist on institutional platforms.

Now I ask again shiesterguru will you aplogize if I show here statement of all trades.
If not be quiet.

zarni
Oct 22 2015 at 18:40
29 posts
FxMasterGuru posted:
FFxCondor posted:
zarni posted:

if you average in using multiple small positions and lose on that and then trade one big position equal in size to the aggregate small ones and win much more you will show negative pip count. which is what happened to me. XAU magnifies that because of the way myfxbook treats XAU (which they are fixing now based on my suggestions). nothing to do with martingale.


Actually what you do is the definition of a martingale technique, which is adding to a losing position and increasing the size of the previous trades.


Well said. Apparently and admittedly it IS a MARTIGRID strategy... ('average in using multiple small positions and lose on that and then trade one BIG position...')

As suspected... Cost averaging, i.e. adding to losing positions even larger position(s) IS MARTIGRID by definition and it is a very risky business. It is good until it is not good...

Just look at VONTOGR's, alias Tomas' famous (or infamous) Caesar strategy. It was a Superstar until the moment it has become a Falling Star, costing many-many people a lot of money by losing their funds, plus the generous fees paid to Mr. Tomas. And it was not even MartiGrid, 'just' a simple Grid.

No SERIOUS investor would consider a MARTIGRID strategy suitable for SERIOUS funds. Period.

@zarni

After admitting 'cost averaging' with larger and larger position sizes, i.e. using MARTIGRID, I don't care about Trade History. And nobody else should care about it. You said: 'you think i'd be dumb enough to trade my own funds 250k worth on martingale??'

Well, yes, apparently you are dumb enough doing just that.

Actually after lying about the nature of the strategy (i.e. not being MARTIGRID) and 'lecturing' me about the opposite, YOU should be the one coming with a HUGE APOLOGY.



OK this is the last time I will repeat this.
The trade was this opening a trade averaging in at multiple levels regardless of whether price was going up or down.
Short term strategy traded same instrument thereby netting out (closing the position) and reopening it within a minute or so.
Since at that point position was in drawdown it marked a loss at X times the pips for the multiple small positions.
The single position was closed some weeks later at a profit which more than made up for the loss previously booked.

The bottom line is MT4 is a retail platform and it counts stuff as separate positions. That does not happen on insitutional and this situation does not exist on institutional platforms.

Now I ask again shiesterguru will you aplogize if I show here statement of all trades.

FxMasterGuru (FxMasterGuru)
Dec 09 2015 at 03:35
1607 posts
togr posted:
@FxMasterGuru
Dear,

you are not right.

Caesar is still superstar https://www.myfxbook.com/members/togr/fxprimusc21/1364505
It actually fit the criteria of profit, max DD and age.:)


@togr

Dear Tomas,

Am I still not right...?? Is Caesar still a SuperStar...??

Lets see: https://www.myfxbook.com/members/togr/caesar2icma/737724

It has not made a single dollar profit since July of 2014, except for you in performance fees. On the other hand many of your trusting clients have lost a LOT OF MONIES:

https://www.myfxbook.com/members/togr/caesar2tamase/996816
https://www.myfxbook.com/members/togr/caesar2tamase2/1437700


Oooooooooops!

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