anyone using 'turtle EUR'? trading 1 year 6months and good profit.
people say it's martingale and it seems like it. big SL and sometimes big losses..
how long will it last based on possibility of martingale method fail?
it has traded about 350 times so far..
what is the likelihood of it able to trade until it fails?
its hard to explain.. IF possibility of failure of turtle EUR was 1/1000 it means there is 1/650 trades left it can make
im thinking maybe the chance of hitting the failing trade is low still?
Monitor the Risk of Ruin of any systems you copy, as the investor it's your job to protect your money. You could also stop following a strategy when it falls below a predetermined %, and either wait for the system to move back to profitability or move your money to another strategy.
Either way as the investor you should not expect to park your money somewhere and blindly follow, being an investor is just as much work as being a trader.