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Mt4-163620 [ProfitPip] (By GabiN)
The user has deleted this system.
Mt4-163620 [ProfitPip] Discussion
Jul 07, 2014 at 15:02
583 Views
3 Replies
Member Since Dec 22, 2010
123 posts
Aug 23, 2014 at 13:31
BOOM! what a poor MM as signal provider
Member Since Feb 04, 2012
80 posts
Aug 23, 2014 at 17:44
Typical Martingale ending... I am always amazed how people can employ a "Hope and Pray" KAMIKAZE strategy without having a definite "edge"...
Simply Martingale strategies don't have an edge, they just postpone the unavoidable while giving an illusion of being profitable. Until the "Death Trade"...
Nevertheless, Martingale elements can be used effectively in some trading strategies. It is a double edge sword, so one has to use it very wisely by converting the "Death Trades" into a tolerable DDs.
Simply Martingale strategies don't have an edge, they just postpone the unavoidable while giving an illusion of being profitable. Until the "Death Trade"...
Nevertheless, Martingale elements can be used effectively in some trading strategies. It is a double edge sword, so one has to use it very wisely by converting the "Death Trades" into a tolerable DDs.
Member Since Dec 22, 2010
123 posts
Aug 27, 2014 at 07:39
yeah, i don't get he sold a simple MM strategy as signal and obviously did not have a clou how to come out of DD. You can buy any commercial / free martingale EA out there, you'll have the exact same result
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