You have loosing position of 0.01 lot you open 0.02 lot and it was loosing so you open 0.05 lot
That is clear martingale GBPJPY Buy 0.05 GBPJPY Sell 0.02 GBPJPY Sell 0.01
Varying lot sizes does not always mean martingale.. sometimes I vary lot size sometimes I don't. In that case and maybe several more I did but I don't always increase I do vary lot size though and sometimes I decrease.
Increasing lot size does mean martingale. Thats is the very definition of martingale.
not really... while it is true martingale logic is about 'compensating' losses with new multiplied positions to cover losses (eg if we have a long position losing 10 pips on 0.1 lots i could calculate a new position that will compensate losses like a new long position at 0.3 lots pointing to next 5 pips winning close) so, yes, martingale is about multiplying lots ('pure' martingale opens multiplied lots positions in the same direction of the losing one)
anyhow opening different positions on the same instrument with different lots does not automatically mean that there is a martingale logic. position lots should be calculated using the risk percent, the SL distance in pips, the amount per pip... and many other parameters in order to open a position that will risk EXACTLY the amount of money we want to risk on that specific position. so, it could happen that we could see different position on the same instrument at the same time with different lots amounts. this could be because the trader was adopting a correct risk/money management.
@CitadelEA + It has very nice stats. + And it is running since FEB - On the other hand it is martigrid. Such system wont last long. tag 03.30.2016 07:25 04.01.2016 17:00 AUDNZD Buy 0.06 1.10623 1.11255 63.2 22.55 2d 0.23% tag 03.29.2016 11:22 04.01.2016 17:00 AUDNZD Buy 0.03 1.11428 1.11255 -17.3 -3.40 3d -0.03% tag 03.24.2016 00:35 04.01.2016 16:59 AUDNZD Buy 0.01 1.12031 1.11258 -77.3 -4.86 8d -0.05% tag 03.23.2016 15:30 04.01.2016 16:59 AUDNZD Buy 0.01 1.12518 1.11250 -126.8 -7.88 9d -0.08% tag 03.23.2016 04:42 04.01.2016 16:59 AUDNZD Buy 0.01 1.13079 1.11249 -183.0 -11.28 9d -0.11%
With a decade of experience I have finally decided to publish my Signal !
This Signal is completely operated manually and on the basis of pure technical analysis ! I will monitor various pairs to identify and spot the pattern and situation which I have found to be the most precise in the past 10 years. Obviously no method is 100 % correct however we should expect at least 70 % correct trades with a steady and consistence growth (~5-10 % monthly).
Absolutely each and every trade will have pre-specified SL and TP.
Don't forget that getting the trade right only matters for about 30 percent ! What is extremely important is Capital Management and Emotional control !! the latter two are far far more important that just getting the trend right ! (I have lots of experience and stories to tell if interested don't hesitate to ask!) In better words getting the trade right is one thing and making profit out of it SOMETHING ELSE !
By the way trading frequency is completely dependent to market situation ! it might range from several time a day to once a week ! So patient traders are very welcome !!
No DD? Have checked your results lately? Your DD is bigger than your profits
Am I wrong or you are trying to say that 300 USD is big DD or that 300 USD is bigged than the profits?
Read what you wrote... you wrote your system has no DD, you went on to say it's stable with such high DD you are far from stable, unless your max DD was well under the 10% you are in the high risk.
First of all i think you need to have at least some understanding before you comment on given topic. To say things like 'under 10%dd' that you have read in some e-magazine about forex, is totally absurd as this is viable for accounts which have balance which is many times bigger than our. Second of all show me at least 1 account not more that has invested 500 EUR and has more stable equity graph than ours, i wont even mention 'under 10%dd' And to just to add about your 'you are in high risk' comment, please inform yourself about the business we are talking about, as you may not be aware forex/cfd/equity trading by itself is everything but safe by definition.
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