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Martingale

CrazyTraderfx (CrazyTrader)
Dec 30 2016 at 11:49
1718 ieraksti
Here we go...

Hopefully you can get it:




Pielikumi


CrazyTraderfx (CrazyTrader)
Dec 30 2016 at 12:00
1718 ieraksti
From here...

Variants of martingale are only limited to your mind.

You could wait market to retest high... Order 1 will be closed. You can re short higher while doubling Lotsize from Order 2, so (0.28)
Or close half of Order 2.... and re short by doubling from Order 2 so (0.14) (starting to make some profit)

You could also breakeven quickly Order 2 on the way up... So you can use Order 1 once again as buffer to re renter Long so Order 2 bis (Riskless zone will be reduced as Pip Diff is lower.

You could invent your way to make profit while trading riskless. only by not taking profit from first order.


Enjoy trading



CrazyTraderfx (CrazyTrader)
Dec 30 2016 at 12:21
1718 ieraksti
Order 1 closed @1.0566

Entered Order 3




Pielikumi


CrazyTraderfx (CrazyTrader)
Dec 30 2016 at 12:26
1718 ieraksti
Order 2 closed @ 1.0552

Leaving Order 3... SL adjusted




Pielikumi


CrazyTraderfx (CrazyTrader)
Dec 30 2016 at 12:54
1718 ieraksti
This is how I made 100% in 3 trades using matingale Up and down, increasing lotsize and trading riskless


Live account (Custum date when I started to trade exclusively with this martingale)
https://www.forexfactory.com/pipsfestival#acct.80

This martingale has been published 3 years ago:
https://crazytraderfx.blogspot.fr/2012/10/my-money-management-system.html




Pielikumi


Jarora
Jan 02 2017 at 09:17
371 ieraksti
CrazyTrader posted:
From here...

Variants of martingale are only limited to your mind.

You could wait market to retest high... Order 1 will be closed. You can re short higher while doubling Lotsize from Order 2, so (0.28)
Or close half of Order 2.... and re short by doubling from Order 2 so (0.14) (starting to make some profit)

You could also breakeven quickly Order 2 on the way up... So you can use Order 1 once again as buffer to re renter Long so Order 2 bis (Riskless zone will be reduced as Pip Diff is lower.

You could invent your way to make profit while trading riskless. only by not taking profit from first order.


Enjoy trading


Good idea but the problem is always the first order and low problem is spreads, commisions, swap, slippages....

FxMasterGuru (FxMasterGuru)
Jan 02 2017 at 09:24
1608 ieraksti
@CrazyTrader

It is nice to make 100% on a $50 deposit and with 3 trades only, even if by Martingale...

But, with all due respect: Is it TRADING or GAMBLING...?

Betting on ''RED'' on online Roulette - using Martingale - can bring in easy 100% within 3 minutes, too...

Pielikumi


Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
CrazyTraderfx (CrazyTrader)
Jan 02 2017 at 13:37
1718 ieraksti
FxMasterGuru posted:
@CrazyTrader

It is nice to make 100% on a $50 deposit and with 3 trades only, even if by Martingale...

But, with all due respect: Is it TRADING or GAMBLING...?

Betting on ''RED'' on online Roulette - using Martingale - can bring in easy 100% within 3 minutes, too...


Same same but really DIFFERENT!
(I will try to explain it for the last time. With all due respect, open your mind and try to figure it out).

If I had done 2%... would you have talked about gambling? Probably not. % gain has nothing to do with the formula only because I made a small desposit to illustrate the formula.

Fisrt of all, the point wasn't to make x%... It's to show there is a variant of martingale with a formula that allows to trade riskless while you can increase lotsize on each trade. This martingale is also a way to cheat broker limitation. (Try to open 0.28 with €50) You can't due to margin level... but you can when you have already a current opened position in opposite way.

The most important is capital preservation. Unfortunately, each single trade you open, you have a risk involved. Based on your capital, if you double your lotsize, your risk is twice more.
With this theory, once you double your position by opening the second order, you are able to trade riskless into a trading zone.
How magic? You have discovered a way to trade RISKLESS. I repeat RISKLESS.
Why 90% lose money... It's just because they are facing a risk to lose on each single trade they open. Please explain How could you blow your account up if it was possible to trade riskless? (Then you would be a really bad trader as you would lose on each single trade you open)

How to acheive the riskless zone???... by a sacrifice on 0rder 1... not closing profit straigh away when you reverse the trade with Order 2

Instead of Casino... I would compare this to Chess. The greatest games ever on chess have been done by sacrifices pieces. You sacrifice pieces, your army is reduced on board but you have created such 'MESS' that it smells checkmate in couple of moves.

While you sacrifice Order 1, you create such a 'MESS' that what it should be natural from trading (risk) is suddenly gone. You have broken the trading law.

Is it hard to be right on the first trade???... 100% will say no!
So now you know from then how to trade without risk. Make your capital safer and make profit with much higher lotsize.

I will continue to use this martingale...

Enjoy trading... Mess it up ^^





FxMasterGuru (FxMasterGuru)
Jan 02 2017 at 15:23
1608 ieraksti
@CrazyTrader

It might work out for a while, but what happens when the leverage does not allow opening an even larger Martingale position to continue with the trading plan?

Anyway, I will be curiously watching how this $50 deposit account will grow over the next months...

P.S. I made similar back-and-forth-back-and-forth type Martingale EAs, but they all failed in backtests mainly because of consuming all available maximum leverage before they could close the basket in profit. With large enough accounts these EAs were OK, but - with such large deposits - the profit % did not justify the risk (i.e. theoretically losing all).

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
yumpio
Jan 02 2017 at 15:26
25 ieraksti
@CrazyTrader Excellent clarification, I have been able to understand perfectly how it works. Thank you.
Success!

yumpio
Jan 02 2017 at 15:26
25 ieraksti
owenn posted:
@CrazyTrader Wow, you're really good at martingale. Not in vain this way of trading has maintained its fame until now.



It's because he has discovered the exact point of the strategy :) that's great! Good example of using Martingala and winning!

CrazyTraderfx (CrazyTrader)
Jan 02 2017 at 15:37
1718 ieraksti
FxMasterGuru posted:
@CrazyTrader

It might work out for a while, but what happens when the leverage does not allow opening an even larger Martingale position to continue with the trading plan?


The final point ins't to open positions until infinite ...But start to make profit from Order 2, 3 or 4... up to you.

FxMasterGuru posted:
Anyway, I will be curiously watching how this $50 deposit account will grow over the next months...


Not sure I will be using it everyday from now... I did to illustrate.

FxMasterGuru posted:
P.S. I made similar back-and-forth-back-and-forth type Martingale EAs, but they all failed in backtests mainly because of consuming all available maximum leverage before they could close the basket in profit. With large enough accounts these EAs were OK, but - with such large deposits - the profit % did not justify the risk (i.e. theoretically losing all).


Fair enough

stian
Jan 02 2017 at 19:00
325 ieraksti
You can set a cut so you don't open trades till infinity. Say you open 6 trades and double each, 1, 2, 4, 8, 16, 32 = 63 lots. Think of this as a single 63 lot position. And you can do some risk management accordingly. That way, it is no worse than trading with just one.

vontogr (togr)
Jan 02 2017 at 19:05
4862 ieraksti
Guys,

the very principle of martingale is it is working for couple of first trades - like the 3 trades on @CrazyTrader account.
At the higher level positions are liquidated due to margin call and whole account wiped - as you can see on @CrazyTrader profile.
Hold on, it was deleted. Well I have backup thought :)

Pielikumi


CrazyTraderfx (CrazyTrader)
Jan 02 2017 at 20:43
1718 ieraksti
As always, you don't miss out the opportunity to be a wanker.

I thought for 2017 you would have grown up a bit... I see, it won't be this year... Shame on you.

There is a big difference between deleted and private.



You think you are unbeatable on forex?
From your profile:

https://www.myfxbook.com/members/togr/variant-4-real/1828615
Are you still that proud of this system?

Grow up a bit... little child, if you knew something about Forex you would know that even the best trader in the world have started by blowing accounts... So what the point of your previous post?
I told you already... try not to be that useless, as you care so much about your credibility.




Pielikumi


FxMasterGuru (FxMasterGuru)
Jan 03 2017 at 07:23
1608 ieraksti
@CrazyTrader

The previously illustrated winning scenario with 1st trade Sell, then 2nd trade Buy was clear. Thanks for the explanation.

But what would have been the plan if the price had moved against the #1 sell trade pushing it into loss immediately...?

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
CrazyTraderfx (CrazyTrader)
Jan 03 2017 at 07:53
1718 ieraksti
FxMasterGuru posted:
@CrazyTrader

The previously illustrated winning scenario with 1st trade Sell, then 2nd trade Buy was clear. Thanks for the explanation.

But what would have been the plan if the price had moved against the #1 sell trade pushing it into loss immediately...?


This happen 50% of the time.
You take your loss, 10, 20 30 pips max.
You concentrate again... waiting for good potential entry/signal and you restart from Order 1

Have a look at history tab, you will notice that 3 trades haven't trigerred the martingale... because I missed the reveral area. (Order 2) on UsdCad, AudUsd & UsdChf.
And I lost 1 trade on EurUsd (-14 pips)




Let's filter on EurUsd only.
Imagine I lose On first Order, 3 times in row before I can realize martingale up to 3 trades.
I would I lost 3*(€-9.9) So around €-30
=> See how order 3 recover all failed on first order: +19 pips = +€49

Compare this to classical martingale... every time you lose on first trade you increase risk * 2... and whatever happen, you will never create a riskless trading zone.


You guys should open a demo account and try it 10 times... and see yourself.

Pielikumi


vontogr (togr)
Jan 03 2017 at 08:33
4862 ieraksti
CrazyTrader posted:
As always, you don't miss out the opportunity to be a wanker.

I thought for 2017 you would have grown up a bit... I see, it won't be this year... Shame on you.

There is a big difference between deleted and private.



You think you are unbeatable on forex?
From your profile:

https://www.myfxbook.com/members/togr/variant-4-real/1828615
Are you still that proud of this system?

Grow up a bit... little child, if you knew something about Forex you would know that even the best trader in the world have started by blowing accounts... So what the point of your previous post?
I told you already... try not to be that useless, as you care so much about your credibility.





@CrazyTrader
My point is very simple,

you stated you have zero risk martingale.

You dont. If you had you were already successful trader or even millinare, you are not.

Such thing like zero risk martingale does not exist. Trying to bullshi* people like you try is very poor.

FxMasterGuru (FxMasterGuru)
Jan 03 2017 at 09:30
1608 ieraksti
@CrazyTrader

How much is the success of this concept dependent on the mentioned ''waiting for good potential entry/signal''?

Why not making an EA for this strategy and running a long-term backtest to prove the hypothesis?

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
CrazyTraderfx (CrazyTrader)
Jan 03 2017 at 09:36
1718 ieraksti
togr posted:

@CrazyTrader
My point is very simple,

you stated you have zero risk martingale.

You dont. If you had you were already successful trader or even millinare, you are not.

Such thing like zero risk martingale does not exist. Trying to bullshi* people like you try is very poor.



                        *** This is official ***
=> It's the last time I respond to you. You are useless in every single sentence you write.

I stated from Order 1, you use it as buffer/sacrifice, then the martingale up and down creates a riskless trading area while you can double each lotsize from following trades.
=> Apparently, you are the only one not to understand it. (read comments from other users... they all got it) Are you that stupid? or too frustrated from past comments I wrote about you to admit it.

Did I say you can become millionaire with this martingale?
=> I said the theory is simple but the practise is much harder for 2 reasons:
- If you open Order N+1 at the wrong time, or if you are too greedy, the martingale will end up with no profit but zero loss.
Let's say I opened Long Order 4 with 0.56.
It would be:
Order 3: €+100
Order 4: €-100

Why I don't use it personnaly since the last 3 years... it's because it is very hard to use as you have to pick up the bottom and top at the right time... which is almost impossible as nobody can't guess where this happen.

Now, I'm not successfull?
- Get this challenge: Open a thread whenever you want, and explain your strategy and trade with it for 3 months by posting real time every single trade you take:
Let's see if you are profitable:
https://www.forexfactory.com/showthread.php?t=593831
https://www.myfxbook.com/members/CrazyTrader/sentiment-traders-mt4-indi-3/1334894

- Or you can simply refer to the first page of this thread...
Beleive the power of the trend on UsdJpy... market is still above 200 pips from initial target.


Why people want me to trade for them while I'm not looking to manage money from others?
mail sent 9 hours ago.



Anyway... I'm done with you! ^^

Pielikumi


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