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Martingale

zack4
Jan 05 2017 at 19:56
25 posts
So far that method or form of trade is maintained after so much time, even after many losses.

yumpio
Jan 05 2017 at 20:52
25 posts
Xiantero posted:
Frankly speaking, I myself am against trading Martingale as it is clearly obvious for me that it bears unnecessary unjustified huge risks. Furthermore, forex market, just as the Universe, is constantly moving and changing. At the same time, everything that brings profit over significant period of time is right and has the right to exist.



But then although it brings significant risks is good? Is that what you are trying to say?

yumpio
Jan 05 2017 at 20:52
25 posts
@Xiantero There is something contradictory about this idea.

Xiantero
Jan 05 2017 at 20:54
45 posts
@yumpio just nothing contradictory. My idea is that the result is the judge, so the final move says about everything. Running it in progress is rather dangerous, never forget it.

edwige
Jan 08 2017 at 07:40
27 posts
@Xiantero Yes, the market will change constantly if you use Marntingale or not. And the risks exist if you use Martingale or not. The subject is whether you dominate the Martingale or the Martingale dominates you.

edwige
Jan 08 2017 at 07:42
27 posts
@Xiantero Also, I know of traders who have lost a lot of money without using martingale just because they do not have a good strategy.
So this is strategy and numbers my friend, and that depends on every trader.

chshahbazpk
Jan 08 2017 at 07:53
2 posts
martingale required good calculation in my point of view. Also observation of market and some time manual closing of trade is also necessary. And need proper risk management. However it's risky no doubt but i like this trade strategy

rob559
Jan 08 2017 at 08:23
1916 posts
martingale starts on the principle that if you toss a coin 1000 time there will be a 50/50 results average ,that applies for large quantity of tosses, but for smaller quantity that principle does not apply

michaelinman11 (michaelinman11)
Jan 08 2017 at 08:49
5 posts
Martindale's were originally used as a gambling scheme and then put to use in Forex Trading at the end of the day it's still gambling. I'm a Forex Trader not a gambler that being said I'm going to have to disagree with crazy Trader I do believe there is a safe way to deploy the Martingale system the answer is simple stop doubling down on losing trades double up on winning trades zero loss. By the way crazy Trader excellent trading on your page : )

“Life is short, break the rules, forgive quickly, kiss slowly, love truly, laugh uncontrollably, and never regret anything that makes you smile. Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” Mark Twain
CrazyTrader (CrazyTrader)
Jan 08 2017 at 15:01
1718 posts
CrazyTrader posted:
Right now your martingale will work only if it opens trades on current trend... As global market is so trendy since US election if you do the opposite you will die in 2 hours.

Usually martingale opens trades on the opposite of the trend, that's why it does Boum at some point.

Just have a look at UsdJpy chart or EurUSd.

You don't need martingale to focus the trend:
Sell EurUsd & buy UsdJpy... Keep adding trades this way.... beleive the power of the trend. I see 116 on UsdJpy


@michaelinman11
If you disagree... that's only because you do not read all.
I quoted myself and it was my first answer to this thread.
=> 'Beleive the power of the trend on UsdJpy' => 1 month and half later.... market is still above prediction > 116.00

So I said you don't need to look for any martingale system. You simply need to add Long until it reaches target.
It's called pyramidage. We both talks about this technic.

However, It's not zero loss strategy as you said... it will only be if market goes straight to the point as it was the case for UsdJpy.
Trend doesn't take place when you want. If you decide to add to your first winner trade... and market starts to reverse, you will see how it can be a disaster if you bet the wrong horse at the wrong time.

By the way, thx for your compliment, yes it was excellent trading... closing immediately loss and keeping profit opened. So you have a nice equity curve (orange) always above your capital curve... Stressless trading. ^^

The new formula is Stressless trading + Riskless trading = Happy trading.

You guys can understand this formula... it is not maths. ^^

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