Mar 03 2020 at 09:47
Great! I love to see more profitable trades. :-)
Mar 04 2020 at 00:13
Eurmas
To make money consistently with low draw down
Mar 05 2020 at 12:23
From the beginning, four emotions have been guiding people in the market: greed, fear, ignorance and hope. That is why the formations known to us on the chart are still repeating.
Mar 06 2020 at 13:51
BenNathanFX posted:
Regarding Martingale - its taking the roulette red/black theory and applying it to trading... in my early days (about 10 years ago) i spent 6 months taking my first live account from $100 to $600 (admittedly risking too much at the time) using Martingale.... the problem is, once you get stuck in a range you're in a mess.... My start risk % was 1% and i would only trade one pair at a time, and yet I watched Martingale blow the entire account in 4 hours....
Martingale is like a ticking bomb - it lures you into a false sense of security... then one day when you are sitting confident you watch your account suddenly blow up....
Interesting saying
Mar 06 2020 at 14:23
Ralf4654747 posted:BenNathanFX posted:
Regarding Martingale - its taking the roulette red/black theory and applying it to trading... in my early days (about 10 years ago) i spent 6 months taking my first live account from $100 to $600 (admittedly risking too much at the time) using Martingale.... the problem is, once you get stuck in a range you're in a mess.... My start risk % was 1% and i would only trade one pair at a time, and yet I watched Martingale blow the entire account in 4 hours....
Martingale is like a ticking bomb - it lures you into a false sense of security... then one day when you are sitting confident you watch your account suddenly blow up....
Interesting saying
The classic Martin Gale is actually very poor system because you risk too much to get a little. Classic is to double the trade size after loss.
Example:
We have a trading system on $100 account which for 0.01 lot $1 profit or loss
1st trade 0.01 = - $1
2nd trade 0.02 = - $2
3rd trade 0.04 = - $4
4th trade 0.08 = - $8
5th trade 0.016= +$16
So we have increased the trade size 16 times
Our losses were - $15
While profit was + $16
So overall outcome is just $1.
That is in case martingale close the row in profit. If it does not happen the loss would be 32,64.. and boom account wipped out.
Mar 06 2020 at 14:59
Ralf4654747 posted:BenNathanFX posted:
Regarding Martingale - its taking the roulette red/black theory and applying it to trading... in my early days (about 10 years ago) i spent 6 months taking my first live account from $100 to $600 (admittedly risking too much at the time) using Martingale.... the problem is, once you get stuck in a range you're in a mess.... My start risk % was 1% and i would only trade one pair at a time, and yet I watched Martingale blow the entire account in 4 hours....
Martingale is like a ticking bomb - it lures you into a false sense of security... then one day when you are sitting confident you watch your account suddenly blow up....
Interesting saying
It all depends on the strategy and type of stop loss. Martingale can be perfect if, for example, we use stop loss on capital, e.g. when it drops by 5%, we close all positions. Then the efficiency counts and the market verifies the consequences and whether it stays on assumptions. There are people who play TP 2 pips and stop loss 100 pips. at first glance seems silly but if their effectiveness is higher than 98.5% then it is a very good strategy. It all depends on the specific assumptions they contain.
From the beginning, four emotions have been guiding people in the market: greed, fear, ignorance and hope. That is why the formations known to us on the chart are still repeating.
Mar 07 2020 at 12:43
https://www.myfxbook.com/members/almfx/icmarkets-cl/3553674
Icmarkets
Mo martingale or gird.
On oct i re optimized the system and it didnt go well. And then i optimized again and its working fine
Icmarkets
Mo martingale or gird.
On oct i re optimized the system and it didnt go well. And then i optimized again and its working fine
Mar 08 2020 at 18:11
Hi you all,
First of all, I want to explain what it is about this account posted. This account is real money, and belong to a client looking for recovering its initial capital ($2,000) after a horrible 2019 and no happy start in 2020. I have took the administration in Frebruary 2020 as a challenge againts the probabilities. I'm sure just a few well trained traders will appreciate this information and process. The final result could be astonishing.
https://www.myfxbook.com/members/forexquimera/clientesmt4-473683/4673639
First of all, I want to explain what it is about this account posted. This account is real money, and belong to a client looking for recovering its initial capital ($2,000) after a horrible 2019 and no happy start in 2020. I have took the administration in Frebruary 2020 as a challenge againts the probabilities. I'm sure just a few well trained traders will appreciate this information and process. The final result could be astonishing.
https://www.myfxbook.com/members/forexquimera/clientesmt4-473683/4673639
No hay victoria sin sacrificio
Dear traders more then one year of successfull manual trading no robots only manual trading with consistent results and very low drawdown https://www.myfxbook.com/members/scalperking/100ksystem/3671624 thanks
To make money consistently with low draw down
