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ForexScotty's Gambler's Dream - AUTO (By ForexScotty )

The user has deleted this system.

ForexScotty's Gambler's Dream - AUTO Discussion

ForexScotty
Feb 28 2016 at 23:39
57 posts
Ok - so the manual trading gambler's dream using a martingale eventually blew the account as we knew it would. ANY martingale will most likely blow an account. The trick is...withdrawing more money than you invest.

A couples years ago I developed a similar automated EA. This uses a Martingale/Grid as well, but is completely automated. If an account is going to blow anyway, why waste valuable personal time watching charts? My goal is to start with $300 and withdraw every $100 and see how many times this can be done before the account blows.

Understand, I am a gambler, not trying to teach anyone trading styles or techniques. I do this for fun.

frank
RedRhino
Feb 29 2016 at 08:29
471 posts
You said it like a true professional gambler. Best luck with this approach to trading.

vontogr (togr)
Feb 29 2016 at 08:59
4862 posts
Well the only interesting thing about this system is it shows zero DD which is in fact impossible

ForexScotty
Feb 29 2016 at 12:16
57 posts
Oh there will be draw down - give it time 😄 It's only been running a few hours. LOL

I have no doubt that eventually there will be 100% draw down. The goal is to pull more money out in withdrawals than originally deposited.

ForexScotty
Feb 29 2016 at 12:49
57 posts
RedRhino posted:
You said it like a true professional gambler. Best luck with this approach to trading.


Thanks Frank - I can't call myself a professional trader as I am nothing close. Just an old poker player. At least at the poker table, I could intimidate my opponents. Forex charts don't react to an 'across the table' stare. LOL

vontogr (togr)
Feb 29 2016 at 13:20
4862 posts
ForexScotty posted:
Oh there will be draw down - give it time 😄 It's only been running a few hours. LOL

I have no doubt that eventually there will be 100% draw down. The goal is to pull more money out in withdrawals than originally deposited.


You dont get it. Zero DD is not possible so either this is MFB bug or fake data.

ForexScotty
Feb 29 2016 at 14:01
57 posts
I see what you're saying. It must be a bug as I am in draw down.





Bug reported

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