From workinabox, 'entertaining Bob with his amateur martingale system..'
What amazes me is how people or systems can be labeled by someone who doesn't even bother to check out the program results or is to new to understand what he is talking about. The point of making those two links available was to have people open up the history tab and notice how there are currently 89 and 91 trades respectively and they were supposed to realize that “wow, they all closed for a profit. (I am aware of the two small losses, after all this is my test account that I use to make sure the code works like I want it to. The two small losses came about because my code that deals with the swap was off but is now fixed).
Martingales are a recovery system. If you always got the first trade right, there would be no need of any recovery system. Remember that to use a martingale, when you lose you double the next trade size. Looking at the history of those two links, can anyone find even one trade where it has doubled the size of the previous loss. No? So the first comment of Felotus only states clearly that he didn't bother to look at the data and is just shooting from the lip or he doesn't understand what he is seeing and can't bring himself to admit his limitations, or he is of the type to intentionally just say things to try to upset people in which case he is evil and will have to pay for the evil that he causes, it always come back to him that initiated it. However, I was expecting the attack, there is always one.
A straight line is indicative of a grid system. Grid as in mathematical, the stuff you learn in matrix algebra. This next link is not from a martingale either but it is a recovery system and you can see what the curve looks like on a typical recovery type algorithm.
Notice how this is not a straight line. Martingale and other recover type systems are not a straight line.
Lets make this even more difficult for master Felotus who thinks that to get a straight line you have to use a martingale system. The stated problem with a martingale is that the size of the trade grows too large and you margin out. Meet the Passive Income Generator which we call the PIG from the first initials of its name.
Look through the history of closed trades and you will see that the size of the trade never grow to be larger than .06 lots. You will also note that when you see a series of losses they all closed at the same time along with one or two that close for a profit. When you add all the profits and losses for each closing time, it is always in profit and the system averages over 2% a month.
Passive Income Generator P-I-G
These systems that are confusing the professional traders is called systemic trading systems. These systems were created to be used by a computer, no human could ever trade like these systems do. There are too many innovations to go over them here but if anyone really wants to know about this new way of trading that is not fundamental nor technical, you can find out more on the forex-assistant.com research website. You can not purchase any system from this sight as it is for research only.
I don't mind helping any new investor/trader that I can but I will not argue with those that are intentionally stupid and just want to argue to make themselves feel better because there is something in the world that they don't know about. I don't try to teach people how to become a trader, I teach people how to retire. I use only the safest systems available which means that we will make 12 to 24% a year not doubling your balance every 6 months. Risk and reward go hand in hand. Those programs that boast high returns often have an even higher risk associated with it. I only teach people how to automate their investments so they can get on with living life the way that they want, I don't have the patience to become some super trader nor the desire to argue with those that think that they already are.
There is a book on the subject of systemic systems called Robotic Trading. I know because I wrote it and will make this offer to anyone who wants to learn more about this third style of trading, I will loan you my copy if you will write a review for me. Good or bad isn't important, just a review. To get in on this offer, just write to email@example.com and ask for a free copy with the understanding that you will evaluate the book within a week or so.
Hope this small book or overly large post has helped someone,