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is it possible to turn $100 to $1000 in 4 weeks ? (real account)
forex_trader_202879
Aug 07, 2014からメンバー
378 投稿
Aug 29, 2014 at 11:16
The patterns which I wager on are much different from those you have shown. The patterns which I trade are based on the last 3 candles of a 15m chart.. What happened before those 45 mins meaning 0 to the order which I plACE.
Oct 23, 2010からメンバー
188 投稿
Aug 29, 2014 at 11:16
togr posted:Cholipop posted:
Another thing I would like to do is share my form of martingale (simply wagering a larger amount after loss), but mine has a little trick to it. It runs so you can make your loss back in 1 pip profit with the fresh new order. Have a look...
Say when you lose, you lose 10 pips on avg.
Your first order would be .05 lots you lose 5 usd on a 10 pip loss.
Your second order would have to be 10x in order to make the loss back in one pip. So this would be a wager for 10x larger then .05 which is .5 which of course is 5 usd per pip
Your third order would be 10x as much which would be 5.00 lots 50 usd per pip.
Your third would be 50.00 lots which if you lose you stop out all the accounts.
So how much money would you lose wagering in this form after 4 straight losses?
Your whole account your house and your car? :)
llooll
Sep 23, 2011からメンバー
5 投稿
Aug 29, 2014 at 11:28
alexforex007 posted:
It is not about predicting the future. The future cannot be predicted, there are probablities, but nothing more than probabilities. A professional trader does not have a cristal ball at his desk. That is not professionalism. A professional trader prepares for possible scenarios and outcomes and reacts to changes, he or she does not predict.
Absolutely agree
rawe-rawe rantas, malang-malang putung... salam ijo
forex_trader_136673
Jun 28, 2013からメンバー
842 投稿
Aug 29, 2014 at 14:30
(編集済みのAug 29, 2014 at 14:32)
Cholipop posted:
The patterns which I wager on are much different from those you have shown. The patterns which I trade are based on the last 3 candles of a 15m chart.. What happened before those 45 mins meaning 0 to the order which I plACE.
The patterns I showed you are created from a random generator and they do not excist. They can't be used to predict the future. They are the same patterns as the market produces. There is not a single human that can spot the difference between random generated charts and real charts. Neither did you.
We humans are evolved to see patterns, even though most of them does not excist. Just look at the full moon, I bet you see a human face.
forex_trader_202879
Aug 07, 2014からメンバー
378 投稿
Aug 30, 2014 at 11:51
ahuruglica posted:Cholipop posted:
The patterns which I wager on are much different from those you have shown. The patterns which I trade are based on the last 3 candles of a 15m chart.. What happened before those 45 mins meaning 0 to the order which I plACE.
The patterns I showed you are created from a random generator and they do not excist. They can't be used to predict the future. They are the same patterns as the market produces. There is not a single human that can spot the difference between random generated charts and real charts. Neither did you.
We humans are evolved to see patterns, even though most of them does not excist. Just look at the full moon, I bet you see a human face.
The patterns which you trade, or which you can show on any chart for that matter are parts of much smaller battles. Wouldn't you agree that the only way for a REVERSAL to take place is for a specific candle to be engulfed? If you hold that rule to be true, then you can assure yourself you will ALWAYS get into a small wave ( how ever small may be for you in which you can consistently attack the market for the same type of orders. Why? Well, because the market trades in a pattern.
As far as you asking me if when I see a full moon, I may see a face. The reality is I may, but it doesn't make what I am seeing incorrect.... My perception of my world around me is what makes my reality? So although engulfing patterns is what I hold true to, it may seem rather weird to you, but let the numbers be the one to tell the story. Don't you think?
forex_trader_202879
Aug 07, 2014からメンバー
378 投稿
Aug 30, 2014 at 11:56
Everyone have a wonderful weekend. I have obtained 3 new followers from my performance the last 2 weeks. Those accounts will be attached to a account I will post on monday.
forex_trader_136673
Jun 28, 2013からメンバー
842 投稿
Aug 30, 2014 at 15:17
I'm not trying to make a case here. Just some deeper questions on what he hold as true. Maybe we try to make sense of things that happen for no reason at all.
In most of the cases reality is different from everyone and we all are equally wrong.
In most of the cases reality is different from everyone and we all are equally wrong.
Jun 09, 2014からメンバー
134 投稿
Sep 01, 2014 at 06:41
Waiting to see it Cholipop :)
Sep 01, 2014 at 15:14
Martingale may work short term, not long term. In the long run, a long loosing streak is bound to happen. Here is a perfect example of it;
http://en.wikipedia.org/wiki/Gambler's_fallacy
"The most famous example of the gambler’s fallacy occurred in a game of roulette at the Monte Carlo Casino on August 18, 1913, when the ball fell in black 26 times in a row. This was an extremely uncommon occurrence, although no more nor less common than any of the other 67,108,863 sequences of 26 red or black. Gamblers lost millions of francs betting against black, reasoning incorrectly that the streak was causing an "imbalance" in the randomness of the wheel, and that it had to be followed by a long streak of red."
I'm guessing a lot of those who lost their shirts (and their farms) started doubling up on red after the 10th black ball..
http://en.wikipedia.org/wiki/Gambler's_fallacy
"The most famous example of the gambler’s fallacy occurred in a game of roulette at the Monte Carlo Casino on August 18, 1913, when the ball fell in black 26 times in a row. This was an extremely uncommon occurrence, although no more nor less common than any of the other 67,108,863 sequences of 26 red or black. Gamblers lost millions of francs betting against black, reasoning incorrectly that the streak was causing an "imbalance" in the randomness of the wheel, and that it had to be followed by a long streak of red."
I'm guessing a lot of those who lost their shirts (and their farms) started doubling up on red after the 10th black ball..
Sep 01, 2014 at 15:57
Martingale cant work short or long term only modified martingle work short or long term with appropriate money management and stop loss ..you have to exit from current market within a week (maximum)...you cant wait for 30-50 pips corrections
last but not the least Martingale😄 works better in currency market since correction occurs (technically)😄
last but not the least Martingale😄 works better in currency market since correction occurs (technically)😄
myfxpro9 posted:
Martingale may work short term, not long term. In the long run, a long loosing streak is bound to happen. Here is a perfect example of it;
http://en.wikipedia.org/wiki/Gambler's_fallacy
"The most famous example of the gambler’s fallacy occurred in a game of roulette at the Monte Carlo Casino on August 18, 1913, when the ball fell in black 26 times in a row. This was an extremely uncommon occurrence, although no more nor less common than any of the other 67,108,863 sequences of 26 red or black. Gamblers lost millions of francs betting against black, reasoning incorrectly that the streak was causing an "imbalance" in the randomness of the wheel, and that it had to be followed by a long streak of red."
I'm guessing a lot of those who lost their shirts (and their farms) started doubling up on red after the 10th black ball..
A trader can be an economist but an economist could never be a trader. They are too theoretical.
forex_trader_202879
Aug 07, 2014からメンバー
378 投稿
Sep 02, 2014 at 06:30
myfxpro9 posted:
Martingale may work short term, not long term. In the long run, a long loosing streak is bound to happen. Here is a perfect example of it;
http://en.wikipedia.org/wiki/Gambler's_fallacy
"The most famous example of the gambler’s fallacy occurred in a game of roulette at the Monte Carlo Casino on August 18, 1913, when the ball fell in black 26 times in a row. This was an extremely uncommon occurrence, although no more nor less common than any of the other 67,108,863 sequences of 26 red or black. Gamblers lost millions of francs betting against black, reasoning incorrectly that the streak was causing an "imbalance" in the randomness of the wheel, and that it had to be followed by a long streak of red."
I'm guessing a lot of those who lost their shirts (and their farms) started doubling up on red after the 10th black ball..
Excellent example given by you +1
What I would like to add is that those games are strictly of chance. On the other hand if you wager in forex, and your system is based on patterns, etc. You will notice that it is impossible to lose 26 times in a row. Could you show me 26 candles in a row on the 30 min chart which engulfed one another?
Those patterns simply do not occur in the market. When you are able to realize those things, you simply see the graph as a script more then people, jobs, lives, numbers, opinions, current events. You simply look at it as a script which has to have a point in which she is vulnerable. Those points will be shown within the EA which is currently running. At that point, everyone follows, we all make profit, and hopefully meet on the moon some day and talk about this post. Far-fetched? but, more possible then seeing 26 straight engulf candles on the 30 min chart.
forex_trader_202879
Aug 07, 2014からメンバー
378 投稿
Sep 02, 2014 at 06:31
With 5,000 eurs of buying power, I can turn 100% a week easily. Simply break down the money management system into a tier 6 wagering system, in which we only wager high probability trades. Your sl no questions asked is your trigger candle being engulfed. In which you hedge/ or close, and take the opposite direction x10 instead of of the normal x2 with martingale. Why time 10x. On avg the losses is a 10 pip close. So to recover the EUR amount of that 10 pip loss, the next order would have to be 10x as much as the loser to regain the loss in simply 1 pip profit. What if you make a quick 6 pip flare? You wouldn't take it? You have much greater upside, because your sl is the CLOse OF A CANDLE over a certain amount of time. Once you turn profit for the day, you stop! It is that simple.
forex_trader_202879
Aug 07, 2014からメンバー
378 投稿
Sep 02, 2014 at 06:32
Let's have a look at the EUR account,
Please download and read the caption, then lets look at it at the chart, and find the candle I entered on using your 15m chart. Mine MT4 (myfxbook) IS SET TO LONDON TIME! Then find the engulf after my entry to the down side. That candle itself never was engulfed, and a sl of even 4 pips was safe!
The problem is you never know when the run will continue or when it will reverse, what you do know is that on certain formations the next 6-15 pips are as clear as day as a sign to either long or short. That is where our EA comes into play.
Please download and read the caption, then lets look at it at the chart, and find the candle I entered on using your 15m chart. Mine MT4 (myfxbook) IS SET TO LONDON TIME! Then find the engulf after my entry to the down side. That candle itself never was engulfed, and a sl of even 4 pips was safe!
The problem is you never know when the run will continue or when it will reverse, what you do know is that on certain formations the next 6-15 pips are as clear as day as a sign to either long or short. That is where our EA comes into play.
forex_trader_202879
Aug 07, 2014からメンバー
378 投稿
Sep 02, 2014 at 11:19
Although forex is 100% subjective. We tend to use terms which are in it's entirety subjective. Such as Short term. Long term. Could anyone please be as kind as to define either word with an actual number? Until either can be defined as such. we should re frame from using those words when we trade. Those words bring bias into our trading which of course goes against how we should be trading.
forex_trader_202879
Aug 07, 2014からメンバー
378 投稿
Sep 02, 2014 at 14:11
Yes Dmitry, so can I. Which is why I have the EA trade for me, so it can make really good scalps. Mix it in with Martingale, and you have a very good chance of closing the week green maybe for 2-3 months straight! That is the goal.
Sep 03, 2014 at 07:09
Cholipop posted:
Yes Dmitry, so can I. Which is why I have the EA trade for me, so it can make really good scalps. Mix it in with Martingale, and you have a very good chance of closing the week green maybe for 2-3 months straight! That is the goal.
Yea. i do the same -) http://www.myfxbook.com/strategies/longterm/65589
this is my ea on test. real account work like on the test. when I will gather statistics over a year, lay result
forex_trader_202879
Aug 07, 2014からメンバー
378 投稿
Sep 03, 2014 at 07:15
From the start of the week until this moment my 3 followers have a total profit of over 93%! Would you cash out or would you keep your money invested?
