Martingale

CrazyTrader posted:
You have followed my call on UsdJpy... : )
150 pips left to the target => 116
You have used martingale on the right Currency pair on the right side of the market?... you are a champion!

Beleive the power of the trend...

@Tgor... The only times you have provided a signal for the last 7 years... Well You are wrong with your system and your breaking point. 'The wind is changing'
https://www.myfxbook.com/community/general/wind-is-changing/1318614,1

Nothing has changed for you, You can only grasp 5 pips here and there.... I repeat, you have no clue what market does!
Don't even try to predict.

CrazyTrader (CrazyTrader) Nov 24 at 16:28

Topic = Martingale
I'm off topic...
Yes you are

UsdJpy = 116 !!!
=> + 400 pips from the first post on this thread.

I would say I'm clearly into topic as I said to use martingale on UsdJpy and going long and adding trades to final target !!!

Please learn to read... and don't be frustrated : )

I don't like martingale... but when you use it on the right pair at the right time, your account can make 100% in a month in very easy way.

Beleive the power of the trend.... At least when you know market and when you can predict such violent move straight to the target without huge retracement.

While this time, your nice prediction on EurUsd... : )
https://www.myfxbook.com/community/general/wind-is-changing/1318614,1

Last week EurUsd closed below 1.0550.... Don't worry, one day EurUsd will turn back to the upside and your call will be right. LOL
You still need a lot of practice to determine the right Momentum and not confusing reversal trend vs simple retracement.

Good luck... This is not a race, each trader uses the time it needs to reach high level.

The Martingale is double postion when you are losing. Traders think thats all. they are losing because do not know nothing about money managent.
Pyramides
1) gemetric progressive
2) geometric digressive
3) arithetic progressive
4) arithmetic digressive

1) regular( grid)
2) unregular

Managing SL
1) treating every position separate- building set and waiting for TP
2) treating half separate- Moving SL with last Position
3) Treating all positions as one( always on BE)

Oposit Pyramides
Averaging position- it is also huge thema.
If You know how tu built position( when averaging, how big positions and when pyramides, you can make money)
But it is material for looong lesson :)

Martinagle, Pyramides, averaging is more like money managment than trading. It is more like chess than pure trading.
But if you do your homework you can make money on this type of trading :)

koval posted:
The Martingale is double postion when you are losing. Traders think thats all. they are losing because do not know nothing about money managent.
Pyramides
1) gemetric progressive
2) geometric digressive
3) arithetic progressive
4) arithmetic digressive

1) regular( grid)
2) unregular

Managing SL
1) treating every position separate- building set and waiting for TP
2) treating half separate- Moving SL with last Position
3) Treating all positions as one( always on BE)

Oposit Pyramides
Averaging position- it is also huge thema.
If You know how tu built position( when averaging, how big positions and when pyramides, you can make money)
But it is material for looong lesson :)

Martinagle, Pyramides, averaging is more like money managment than trading. It is more like chess than pure trading.
But if you do your homework you can make money on this type of trading :)

Not exactly, martingale is increasing your trade size when your equity decreases.
Most common form of martingale is indeed doubling position after lose.
When you are averaging position it is still form of martingale as you are increasing total open position while your equity decreasing.
It is less aggressive though.

Sorry but i have to disagree with you. Martingale is ONLY WHEN YOU DOUBLE POSITIONS AFTER LOSING, any another form is averaging.

Martingale is a disaster strategy and it will blow your account

NEEnah posted:
I would like just to add one point I read on Wikipedia - 'The fundamental reason why all martingale-type betting systems fail is that no amount of information about the results of past bets can be used to predict the results of a future bet with accuracy better than chance.'
It is pure gambling, nothing to deal with trends or analysis of the market in my opinion. I think vontogr@ is right that it is about following a losing trade.

You hit the target!

koval posted:
Sorry but i have to disagree with you. Martingale is ONLY WHEN YOU DOUBLE POSITIONS AFTER LOSING, any another form is averaging.

@koval
martingale is if you for example triple position each time
averaging is adding more of the position of the same time
back to school lad

@vontogr, not me, but Paul Pierre Lévy and Joseph Leo Doob. From wikipedia 'Originally, martingale referred to a class of betting strategies that was popular in 18th-century France.[1][2] The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler DOUBLE his bet after every loss so that the first win would recover all previous losses plus win a profit equal to the original stake'

koval posted:
@vontogr, not me, but Paul Pierre Lévy and Joseph Leo Doob. From wikipedia 'Originally, martingale referred to a class of betting strategies that was popular in 18th-century France.[1][2] The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler DOUBLE his bet after every loss so that the first win would recover all previous losses plus win a profit equal to the original stake'

Read this
https://www.traderplanet.com/articles/view/163479-the-power-of-money-management/
Types of Money Management

All money management strategies can be broken down into two fundamental methods: martingale and anti-martingale. Martingale money management strategies are based on increasing the risk and position size after losses, while anti-martingale methods will only increase risk and position sizes with profits. The goal with a martingale approach is to make up for losses by risking more money. The challenge with the martingale method is that there can be unrecoverable catastrophic losses, and it's almost impossible psychologically to apply this approach to a trading account over time. For these reasons traders should always consider anti-martingale methods.

Doubling the trade size after loss is only one variant of martingale

Doubling the trade size after loss is called martingale. Any different methods are variant of martingale.

Only narrow vision brings 2 fundamental methods of Money Management. Both of described money management (martingale vs anti-martingale) involes risk.

My Money Management System eliminates risk at some point and allows to double lotzise on each trade with ZERO RISK.

How is this possible? Anyone can find the solution?

@CrazyTRader - Triangle arbitrage? :)

koval posted:
@CrazyTRader - Triangle arbitrage? :)

You must developp... Provide example. I don't know this stuff ^^

In short way(very short way) looks like this. You have three curriences for example. eur, usd, gbp
You make three pairs of it:
eurusd
gbpusd
eurgbp
each carrencies exist in two pairs, and now i 'play' with direction(long, short) and size of positions( for finding correct size i use risk calculator https://en.calculators.consiliuminvest.com/) to hedge each other.

It is similar idea as with gold and silver. Go on deferent directions( deferent size of position)

koval posted:
In short way(very short way) looks like this. You have three curriences for example. eur, usd, gbp
You make three pairs of it:
eurusd
gbpusd
eurgbp
each carrencies exist in two pairs, and now i 'play' with direction(long, short) and size of positions( for finding correct size i use risk calculator https://en.calculators.consiliuminvest.com/) to hedge each other.

It is similar idea as with gold and silver. Go on deferent directions( deferent size of position)

So you have hedged.

The question is how can we use variant of martingale and doubling lotsize on each consecutive trade while risk is zero?
Anyone find the solution of the problem?
Is this possible?

CrazyTrader posted:

koval posted:
In short way(very short way) looks like this. You have three curriences for example. eur, usd, gbp
You make three pairs of it:
eurusd
gbpusd
eurgbp
each carrencies exist in two pairs, and now i 'play' with direction(long, short) and size of positions( for finding correct size i use risk calculator https://en.calculators.consiliuminvest.com/) to hedge each other.

It is similar idea as with gold and silver. Go on deferent directions( deferent size of position)

So you have hedged.

The question is how can we use variant of martingale and doubling lotsize on each consecutive trade while risk is zero?
Anyone find the solution of the problem?
Is this possible?

Ou ... well guys, so far I have not found him.

jannel posted:
Ou ... well guys, so far I have not found him.

Were you really looking for it? ^^
Or just waiting for the solution?

BaldoN posted:
Martingale is a time bomb. You can try as many experts but its just a matter of time to blow your account. Just avoid them it would save you a lot of time and money trust me. Cheers

I do not trust the Martingale. I have not used this and I do not think I will use it.

CrazyTrader posted:

koval posted:
In short way(very short way) looks like this. You have three curriences for example. eur, usd, gbp
You make three pairs of it:
eurusd
gbpusd
eurgbp
each carrencies exist in two pairs, and now i 'play' with direction(long, short) and size of positions( for finding correct size i use risk calculator https://en.calculators.consiliuminvest.com/) to hedge each other.

It is similar idea as with gold and silver. Go on deferent directions( deferent size of position)

So you have hedged.

The question is how can we use variant of martingale and doubling lotsize on each consecutive trade while risk is zero?
Anyone find the solution of the problem?
Is this possible?

I so far have not succeeded, you have been able to do it?