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is it possible to turn $100 to $1000 in 4 weeks ? (real account)
Predchádzajúce 1 .. 12 13 14 15 16 17 18 .. 55 Ďalší
Cholipop

Členom od Aug 07, 2014  406 príspevkov Cholipop 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.

Why guess, when you can react to what is in front of you.
ahmedfouad

Členom od Oct 23, 2010  198 príspevkov ahmedfouad 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

TraderBenz

Členom od Sep 23, 2011  5 príspevkov bez (TraderBenz) 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
ahuruglica

Členom od Jun 28, 2013  852 príspevkov ArdiFX (ahuruglica) Aug 29 2014 at 14:30 (upravené 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.

Cholipop

Členom od Aug 07, 2014  406 príspevkov Cholipop 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?

Why guess, when you can react to what is in front of you.
Cholipop

Členom od Aug 07, 2014  406 príspevkov Cholipop 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.

Why guess, when you can react to what is in front of you.
ahuruglica

Členom od Jun 28, 2013  852 príspevkov ArdiFX (ahuruglica) 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.

jotekfinance

Členom od Jun 09, 2014  138 príspevkov jotekfinance Sep 01 2014 at 06:41
Waiting to see it Cholipop :)

myfxpro9

Členom od Jul 26, 2014  1 príspevkov John (myfxpro9) 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;

https://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..

rahiths

Členom od Oct 31, 2013  98 príspevkov rahiths 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 Martingalesmiley works better in currency market since correction occurs (technically)smiley




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;

https://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.
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