One thing we can assume about the market: its gonna move, lets say we are at point 0 at the moment we can tell for sure the market is gonna reach point +30pips or point -30pips eventually.
So lets make a trade at point 0 lets randomly enter the market with buy (0.01lot) position and wait whats gonna happen.
Of course the market then proceeds to drop without failure so what we gonna do? When the market is at -10 position we are going to sell (0.02lots).
This shall stun the market for a brief moment but Murphy's law is still in effect so the market will now proceed to move up (we are loosing more from it going up so it will go that way. But when it will retrace back to position 0 we shall buy (0.02 lots).
We now have 0.03 lots up & 0.02 lots down so we have a net gain when market is moving up and thus it will start moving down again, and again we will sell 0.02lots when its at -10 and then again buy 0.02 when its at 0.
We will troll the market so hard it will finally give up trying to screw with us because no matter which direction it will move we will always be gaining net profit.
Eventually market will reach +30 or -30 and then we will cash in all our orders and no matter what we will be in profit.
So how can this go badly? Can we really run out of money when we only add +2 into our order size for every failure (with martingale we multiply x2 so it can stack up pretty fast). Lets say we have a 1000$ and we wanna play with 0.01 & 0.02 lots it would take 50 back and forths to flush us. Is it really possible?? Lets say we have 2000$... The gain might not be big but its 100% gain still. Basically anytime we open a position we have 25% chance for 3$ (when -10 is never reached we just get +30 pips with our initial 0.01 lots and thats 3$) or 1$ (when -10 is reached and then finally -30, 50% chance for that)) or 2$ (when -10 is reached and then +30, 25% chance)
Is there an error in my reasoning lets say we setup a robot 24/7 on 10 instruments simultaneously lets say it will make on average 1$/5h on each instrument (i'am thinking about the worst possible outcome every time cuz Murphy's law). And we still make 2$/h. Lets say we invest 10k into this (1k each instrument) in 208 days we will have 20k so we can double our entries or collect free money. I'am sure 48$/day can cover electricity bill for a laptop running non stop.
So you guys think this is a legit business plan?? Please share opinions.
So lets make a trade at point 0 lets randomly enter the market with buy (0.01lot) position and wait whats gonna happen.
Of course the market then proceeds to drop without failure so what we gonna do? When the market is at -10 position we are going to sell (0.02lots).
This shall stun the market for a brief moment but Murphy's law is still in effect so the market will now proceed to move up (we are loosing more from it going up so it will go that way. But when it will retrace back to position 0 we shall buy (0.02 lots).
We now have 0.03 lots up & 0.02 lots down so we have a net gain when market is moving up and thus it will start moving down again, and again we will sell 0.02lots when its at -10 and then again buy 0.02 when its at 0.
We will troll the market so hard it will finally give up trying to screw with us because no matter which direction it will move we will always be gaining net profit.
Eventually market will reach +30 or -30 and then we will cash in all our orders and no matter what we will be in profit.
So how can this go badly? Can we really run out of money when we only add +2 into our order size for every failure (with martingale we multiply x2 so it can stack up pretty fast). Lets say we have a 1000$ and we wanna play with 0.01 & 0.02 lots it would take 50 back and forths to flush us. Is it really possible?? Lets say we have 2000$... The gain might not be big but its 100% gain still. Basically anytime we open a position we have 25% chance for 3$ (when -10 is never reached we just get +30 pips with our initial 0.01 lots and thats 3$) or 1$ (when -10 is reached and then finally -30, 50% chance for that)) or 2$ (when -10 is reached and then +30, 25% chance)
Is there an error in my reasoning lets say we setup a robot 24/7 on 10 instruments simultaneously lets say it will make on average 1$/5h on each instrument (i'am thinking about the worst possible outcome every time cuz Murphy's law). And we still make 2$/h. Lets say we invest 10k into this (1k each instrument) in 208 days we will have 20k so we can double our entries or collect free money. I'am sure 48$/day can cover electricity bill for a laptop running non stop.
So you guys think this is a legit business plan?? Please share opinions.