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The Martingale strategy i good?

forex_trader_136673
Membre depuis Jun 28, 2013
posts 842
Dec 16, 2013 at 07:11
Membre depuis Jun 28, 2013
posts 842
@sasa74
It's a different strategy my friend. It's part of money management and it's not martingale.
Excample: I buy two positions on the same time ant treat as one. If stop is 30 pips then first target is 30 pips too. If first target gets hit then the rest of position gets free.
A also sometimes buy at two levels 50% and 61.8% but always have a well defined stop.
Unlike you that trade weekly charts I trade much shorter charts and I must have different approach to money management.
It's a different strategy my friend. It's part of money management and it's not martingale.
Excample: I buy two positions on the same time ant treat as one. If stop is 30 pips then first target is 30 pips too. If first target gets hit then the rest of position gets free.
A also sometimes buy at two levels 50% and 61.8% but always have a well defined stop.
Unlike you that trade weekly charts I trade much shorter charts and I must have different approach to money management.

forex_trader_136673
Membre depuis Jun 28, 2013
posts 842
Dec 16, 2013 at 17:32
Membre depuis Jun 28, 2013
posts 842
@sasa74
It's all a matter of perspective. What is the traders risk appetite. Some traders have a higher risk appetite and will have a higher DD.
I have a different approach to trading, and focus more on limiting risk. Aiming to keep DD lower than 10%. In that way I intend to beat the market on the long run and limit losses. In my point of view a few good trades does not make someone a good trader, but a few bad trades can blow ones account.
It's all a matter of perspective. What is the traders risk appetite. Some traders have a higher risk appetite and will have a higher DD.
I have a different approach to trading, and focus more on limiting risk. Aiming to keep DD lower than 10%. In that way I intend to beat the market on the long run and limit losses. In my point of view a few good trades does not make someone a good trader, but a few bad trades can blow ones account.
Dec 16, 2013 at 22:05
Membre depuis Jul 26, 2012
posts 17
hello fully agree with you but the budget I do it after a year of trading is not the first and sure 2-3-4 profitable trade does not mean anything, however, after 10 months of trading and my current budget and more than 58% I can feel very satisfied
But of one thing I agree with you that the profit I do not ever stop because my first priority and not the gain that I have but I Quard above the stop loss before the port to zero risk I run and then I gain with the stop loss bringing it to my advantage
But of one thing I agree with you that the profit I do not ever stop because my first priority and not the gain that I have but I Quard above the stop loss before the port to zero risk I run and then I gain with the stop loss bringing it to my advantage

forex_trader_136673
Membre depuis Jun 28, 2013
posts 842
Dec 20, 2013 at 17:22
(édité Dec 20, 2013 at 17:23)
Membre depuis Jun 28, 2013
posts 842
SwissManagement posted:
You want our address in Geneva ?
He doesn't mean you don't live in Geneva, he means you are not big.
You are saying do you want "our" address, by "our" sounds too big. I have one question, how many people are trading that PAMM account with 123 USD in equity?

forex_trader_29148
Membre depuis Feb 11, 2011
posts 1768
Dec 20, 2013 at 19:21
(édité Dec 20, 2013 at 19:23)
Membre depuis Feb 11, 2011
posts 1768
SwissManagement posted:felotus posted:
You're not a swiss management company... someone should sue you for that
You want our address in Geneva ?
please give us your geneva adress
i have swiss mangement here,not the same obviously
http://www.swiss-managers.com/contact-us

forex_trader_150670
Membre depuis Sep 12, 2013
posts 104
Dec 20, 2013 at 22:13
Membre depuis Sep 12, 2013
posts 104
ahuruglica posted:SwissManagement posted:
You want our address in Geneva ?
He doesn't mean you don't live in Geneva, he means you are not big.
You are saying do you want "our" address, by "our" sounds too big. I have one question, how many people are trading that PAMM account with 123 USD in equity?
No investors. Only 123$ because it's just an account to show our performance. We manage private account.
Dec 25, 2013 at 14:06
(édité Dec 25, 2013 at 14:08)
Membre depuis Sep 11, 2012
posts 53
The address that you mentionned is the trading floor of Pictet & Cie. I've seen their floor at multiple occasions and they don't open accounts under 1M$. Additionally, you can NOT rent an office there, they have the whole building, it's their floor...
We're based in geneva and it seems you could get 500k-1M just by cold calling people in the street... what are you doing on myfxbook trying to get 100$'s accounts ?
Someone should really sue you for that, it's because of people like you that investors lose money on the FX market.
We're based in geneva and it seems you could get 500k-1M just by cold calling people in the street... what are you doing on myfxbook trying to get 100$'s accounts ?
Someone should really sue you for that, it's because of people like you that investors lose money on the FX market.
I work in a hedge fund.

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