You are 10 years ahead of me (I was nowhere near you at 21), and light years ahead in forex (I have never achieved 3200% return in one month - my best was only 800% in one week, using extreme risk). Just think where you could be if you focus on the ...

I lost 7k dollars and I am in a massive pain

lol Mingary. Nice one! His last three responses have been exactly the same... seems Acroix70 is having a hard time accepting that fact. The poor guy, he must really feel for you!

I lost 7k dollars and I am in a massive pain

I copy the file to Experts and restart MT4, but MT4 seems to delete this one as it doesn't appear in Navigator and no longer appears in Experts. I tried this on two separate terminals with latest build 745 (24 October).

Gambler's Pips EA needs debugging

Do you understand what I mean by progressive lot size? I mean lot size of trades increasing by a standard increment (1, 2, 3, 4, 5) as opposed to a multiplication factor (1, 2, 4, 8, 16). One can observe that a multiplication factor will compound ...

MGH System (Martingale Grid & Hedging)

Not "would-be-forex-millionaires". More like "wanna-be-forex-millionaires" (never will be)

I lost 7k dollars and I am in a massive pain

$7000 today, $1 million tomorrow. Hey, what difference does it make? Keep putting money in because the markets need liquidity! I can show you how it's done! And some day you may become an accomplished loser like me! ...

I lost 7k dollars and I am in a massive pain

...in the mail. (snail mail)

I lost 7k dollars and I am in a massive pain

...impossible to show me in the next 12 minutes - forex market is closed! Thanks for the PDF statement , but where's a myfxbook live account or investor login details for MT4? (...truth be told, my August 2008 CFD statement ...

I lost 7k dollars and I am in a massive pain

You are most welcome to. By all means I encourage you (though if you haven't already, I question the reasoning behind your post and your ability to prove such). And whoever said "don't dream"? It is worth having goals to aspire to, but do not let ...

I lost 7k dollars and I am in a massive pain

Just a thought if it had not yet been considered: What about progressive lot size use instead of a multiplying factor for martingale? I read about it in this thread: url

MGH System (Martingale Grid & Hedging)

Martingale: 4. A system of gambling in which the stakes are doubled or otherwise raised after each loss. (dictionary.com) By definition this is martingale, but I would be keen to see what this can do. I haven't tried a progressive lot size system: ...

Gambler's Pips EA needs debugging

"The difference between an experienced trader and a beginner is that the former has lost more money." Keep in mind: those success stories you hear about instant forex millionaires may be true, but you don't hear about the next day or year when their ...

I lost 7k dollars and I am in a massive pain

Yep, that's me! Great intro, intriguing-looking thread (read: I can't be bothered looking over 760 pages right now - maybe later...) Just a stupid question which I'm sure someone has already asked before, but I can't find the answer in your intro or ...

Silent Service Method

Understood. Compounding effect. In addition, the hedge on a hedge can negate profits on the original batch. For clarification, my suggestion is simply a one-off order with trailing stop. If: a) market continues its strong move, the order stays open ...

MGH System (Martingale Grid & Hedging)

Please, allow me to remind you:

MGH System (Martingale Grid & Hedging)

1. Something like a 25 and 50 MA with a 20 bar count for example (depending on timeframe)? 2. Rapid movements (breakouts) could be a precursor to a long-term sentiment change, meaning the market will continue without reversing (hence my "pause" ...

MGH System (Martingale Grid & Hedging)

Understood. As to your question about reducing risk of a "death trade": 1. What about the EA having a function that activates when MAs show a strong trend, and the EA then opens some scalping trades in the direction of the trend? This will: a) hedge ...

MGH System (Martingale Grid & Hedging)

I agree with uniformity with all backtests, but can we please use 0.01 lots? I could not afford to fund my real account with sufficient margin to cover a MGH system using 0.1 lots. Let's try to keep this as "real" as possible please? Because unless ...

MGH System (Martingale Grid & Hedging)

Understood. I am speaking from the standpoint of the EA working on pairs in separate grids - you speak of a basket-trading strategy. Definitely a good idea! In that case pair-specific analysis is less important (especially if the EA does ...

MGH System (Martingale Grid & Hedging)

@Moncsicsi: I definitely agree with you on diversification, but any MGH will require considerable margin on one pair alone - on 28 pairs you would be looking at starting your account with a minimum of $100,000 (and perhaps I am underestimating this ...

MGH System (Martingale Grid & Hedging)