DislikedOn PM question on whether Big E' trading uses Martingale. NO. In his old thread, he did explain that when first trade hit a loss and the next trade double the lot size. And no 3rd trade if the second trade also a suffer a loss. Basically, maximum 2 trades a day.Ignored
And you are not trading BigE's method. That is where all the confusion and conflicts started.
--- In his old thread, he did explain that when first trade hit a loss and the next trade double the lot size. And no 3rd trade if the second trade also a suffer a loss.
YES. That is Martingale. A Martingale with quick cut loss, is martingale.
https://www.investopedia.com/article...martingale.asp
Your Blessing 3 is a martingale EA, and you also use EA.
https://www.forexfactory.com/thread/...a-and-setfiles
Your past TE showed 60% win rate with occasionally exponential grow/dd balance curve, is a typical martingale strategy outcome.
#114,348
You claim to have links to your trading accounts, but not sharing due to privacy issue. Yet not even a screen shot with balance curve. You are just bluffing.
Either you don't know what martingale means, you don't fully understand and follow BigE's method, or you are lying about your actual trading strategy and pretend to be BigE's legacy. How respectful to a deceased. You really need to consider my suggestion.
--- Basically, maximum 2 trades a day.
Maybe he was, but you don't
Post#115,370
https://www.forexfactory.com/thread/...1#post13344281
You quote BigE's old training charts, like #115,112. But your actual trades are not related to the methods. That is the reason why you don't have a chart to share and explain your analysis with BigE's approach. Trades entered with Blessing3 martingale, you didn't declare. Result is the chart is more confusing than able to learnt from.
A bigger likelihood is you have no explanation on how you use BigE's appproach to make trading decision, because you are not trading the BigE's 5-method.
"This week is Buy". "What do you see?" "This is OP's training chart". "WRONG!"
Educational!
But I leave it here for others to decide. I am not the judge or jury, I just deduce from facts and present what I see as a newbie trader trying to learn TMS
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