Hi
- Joined Dec 2010 | Status: Member | 572 Posts
The only system that will work is one designed by and for yourself.
Big Loss Martingale Strategy! 12 replies
Martingale, Anti-martingale, and Compounding 40 replies
Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply
How to change this Martingale to Reverse Martingale ? 3 replies
Martingale vs. Non Martingale (Simplified RoR vs Profit) 1 reply
DislikedYour tests aren't long enough.. Account will blow up at some point and it won't be pretty! Martingale works great... until the day price never comes back and trends hard agenst you. then BOOM! Margin call! as a small trader you can only control 1 thing... your risk... And adding to losing trades multiplies your risk. Cutting losers quckily is the way to go if you want to stay in this game over long periods of time. I do however like the thought of adding to winners... Where your risk isn't multiplied but your reward is!Ignored
DislikedHello dear friends Either Martingale EAs or using a martingale strategy manually is extremely profitable, but as all we know it can blow the account, sooner or later. i made this topic to Share our ideas about how to solve the big loss problem in high profitable martingale Strategies by help of you. why they fail? when the fail? when trade and when do not trade! in what conditions? and how to make big steady profit using them? for start, i say most of the losses occur on Fridays! by the way, I'm not interested to read your negative answers like...Ignored
Disliked{quote} The only solutions are: cutting your losses at some point and starting over, or an account with very large ($1mil USD) equity trading 0.01 starting lots on a strategy with at least 1:1 risk/reward that wins > 50% of the timeIgnored
Disliked{quote} if we use large principal like $1M and using 0.01 lot, then it's not so profitable, and cutting your losses, that could be a solution but its better to try be away from losses, for example we should know ADR(Average daily range) of pair that we are trading, and another right setting, and choosing the right time to tradeIgnored
Disliked{quote} Sure, but if you're able to reliably identify the times when you should/shouldn't trade well enough to run martingale, why run martingale? Ultimately you are gambling with your consecutive losses and at a certain point are going to risk 50% of your account to make back your initial bet. I am not saying it is impossible, but much to risky for most to stomach an exponential drawdown curve, realized or otherwise. Bottom line is you will have to have a mechanism to cut losses at some point. With martingale, you will rapidly approach that point...Ignored
DislikedI'm not interested to read your negative answers like "martingale doesn't work" or "its impossible".Ignored
DislikedIf you've found an edge, why not trade the way the pros do, i.e. protect your capital with conservative MM, to give the edge the maximum possible opportunity to prevail over the long term? If the edge is robust, losses will be recouped as a matter of course. Martingale, with its 'death sequence', is a completely unnecessary risk. To state the obvious, that's why none of the pros use it.Ignored
Dislikedin first post i have told here is problem (the martingale problem) and we're gonna solve the problem! "If nobody has been able to make a martingale strategy work for them yet, what makes you think some random newbies on an internet forum can do that?" some body have to do that as first person eventually! i have some ideas, but i need some help, there are some experienced traders here, and i hope i can get help from some MT programmers. martingale is working good for a while now, we gonna try make it very hard to lose, so that it works like a no...Ignored
Disliked"suppose i have a trading system that when gives a 1/1 risk/reward signal, can win at least 20% of the times" that says I'm not gonna trade random! the sequence hasn't more than 5 trades.Ignored
DislikedOooopsidaisy. These polish astronomers are not very observant. Sorry AshIgnored
DislikedPS.....Looks like Tony is going off-road for a while....*giggles* {image}Ignored