Martingale

So far that method or form of trade is maintained after so much time, even after many losses.

Xiantero posted:
Frankly speaking, I myself am against trading Martingale as it is clearly obvious for me that it bears unnecessary unjustified huge risks. Furthermore, forex market, just as the Universe, is constantly moving and changing. At the same time, everything that brings profit over significant period of time is right and has the right to exist.

But then although it brings significant risks is good? Is that what you are trying to say?

@Xiantero There is something contradictory about this idea.

@yumpio just nothing contradictory. My idea is that the result is the judge, so the final move says about everything. Running it in progress is rather dangerous, never forget it.

@Xiantero Yes, the market will change constantly if you use Marntingale or not. And the risks exist if you use Martingale or not. The subject is whether you dominate the Martingale or the Martingale dominates you.

@Xiantero Also, I know of traders who have lost a lot of money without using martingale just because they do not have a good strategy.
So this is strategy and numbers my friend, and that depends on every trader.

martingale required good calculation in my point of view. Also observation of market and some time manual closing of trade is also necessary. And need proper risk management. However it's risky no doubt but i like this trade strategy

martingale starts on the principle that if you toss a coin 1000 time there will be a 50/50 results average ,that applies for large quantity of tosses, but for smaller quantity that principle does not apply

Martindale's were originally used as a gambling scheme and then put to use in Forex Trading at the end of the day it's still gambling. I'm a Forex Trader not a gambler that being said I'm going to have to disagree with crazy Trader I do believe there is a safe way to deploy the Martingale system the answer is simple stop doubling down on losing trades double up on winning trades zero loss. By the way crazy Trader excellent trading on your page : )

CrazyTrader posted:
Right now your martingale will work only if it opens trades on current trend... As global market is so trendy since US election if you do the opposite you will die in 2 hours.

Usually martingale opens trades on the opposite of the trend, that's why it does Boum at some point.

Just have a look at UsdJpy chart or EurUSd.

You don't need martingale to focus the trend:
Sell EurUsd & buy UsdJpy... Keep adding trades this way.... beleive the power of the trend. I see 116 on UsdJpy

@michaelinman11
If you disagree... that's only because you do not read all.
I quoted myself and it was my first answer to this thread.
=> 'Beleive the power of the trend on UsdJpy' => 1 month and half later.... market is still above prediction > 116.00

So I said you don't need to look for any martingale system. You simply need to add Long until it reaches target.
It's called pyramidage. We both talks about this technic.

However, It's not zero loss strategy as you said... it will only be if market goes straight to the point as it was the case for UsdJpy.
Trend doesn't take place when you want. If you decide to add to your first winner trade... and market starts to reverse, you will see how it can be a disaster if you bet the wrong horse at the wrong time.

By the way, thx for your compliment, yes it was excellent trading... closing immediately loss and keeping profit opened. So you have a nice equity curve (orange) always above your capital curve... Stressless trading. ^^

The new formula is Stressless trading + Riskless trading = Happy trading.

You guys can understand this formula... it is not maths. ^^

michaelinman11 posted:
Martindale's were originally used as a gambling scheme and then put to use in Forex Trading at the end of the day it's still gambling. I'm a Forex Trader not a gambler that being said I'm going to have to disagree with crazy Trader I do believe there is a safe way to deploy the Martingale system the answer is simple stop doubling down on losing trades double up on winning trades zero loss. By the way crazy Trader excellent trading on your page : )

my point of view is different. how can we sompare gambling strategy with forex. gambling did not have fluctuation like forex. we can not give analysis either technical or fundamental. just a probability.

Crazy Trader you caught me red-handed. I didn't read the whole thread, just wanted to get your attention. I am new to talking on forums trying to get the hang of it.

Up until yesterday the only reference I had ever heard of Martingales had to do with a betting system I didn't realize it was such a popular mathematical term. Who'da thought Azuma's inequality
Brownian motion
Martingale central limit theorem
Martingale representation theorem
Doob martingale
Doob's martingale convergence theorems
Local martingale
Semimartingale
Martingale difference sequence
Markov chain
Martingale (betting system)
Wiki

Hei
Anty martingale, look what i find what this trader do with transactions.... how it is possible? Can you explain that?
https://consiliuminvest.com/ideas?idea=3661-atak-na-nowe-low
https://consiliuminvest.com/ideas?idea=3653-kontynuacja-spadk%C3%B3w-2
https://consiliuminvest.com/ideas?idea=3632-nowe-do%C5%82ki

Now it is time for gbpusd

koval posted:
Hei
Anty martingale, look what i find what this trader do with transactions.... how it is possible? Can you explain that?
https://consiliuminvest.com/ideas?idea=3661-atak-na-nowe-low
https://consiliuminvest.com/ideas?idea=3653-kontynuacja-spadk%C3%B3w-2
https://consiliuminvest.com/ideas?idea=3632-nowe-do%C5%82ki

Now it is time for gbpusd

Nothing to explain... It's very easy to do it... I can do it in 30 seconds.
If you check properly, you will notice that we do not see on left pictures if it is a short or long trades.
Also you can set as many pending orders you want.
This picture is ridiculous.

Guys I told you to short GbpUsd:
Check this out:



Impressive... 15 Short trades.. with 1 lot each ^^

@CrazyTrader , can you set there you strategies or make idea everytime you change something or set new order....
I know screen everyone can do it, but make official publication

koval posted:
@CrazyTrader , can you set there you strategies or make idea everytime you change something or set new order....
I know screen everyone can do it, but make official publication

I have done it last year for 3 months
https://www.forexfactory.com/showthread.php?t=593831

I can't do this all year long as it takes too much time.

However you can subscribe to my charts... live signals
Click charts and then most viewed.

Regarding my martingale... so far I have trouble to set it up, but I will post when I can start order 2.
I'm trying in swing trading... but it takes longer as it is not intra day moves... it's much noise for me.

I have seen many traders reading the blog page on MMS.
Anyone is trying on demo account for fun?

michaelinman11 posted:
Brownian motion
Martingale central limit theorem
Martingale representation theorem
Doob martingale
Doob's martingale convergence theorems
Local martingale
Semimartingale
Martingale difference sequence
Markov chain
Martingale (betting system)
Wiki

Interesting...

togr posted:

CrazyTrader posted:
I deeply beleive the guy who brought the idea of martingale in forex was a guy who was working in market maker broker.
That's the smartest strategy they could find to swallow your account in 1 single day... 100% sure, they will wipe out you ^^

@CrazyTrader
It was a guy named Martin Gale :) He was not working at any brokerage:) You have to learn a lot yet.

LOL