Hi all, so Martingale has been a risky yet maybe non profitable system. While roulette has an edge of (2.7%/5.4%)
Inspired by Adam Khoo.
Then for Forex, swap and spread is equivalent to the edge from the roulette system but it can be adjust with SL and TP corresponds the spreads your broker offers.
So, I thought of a simple mathematical way of trading forex, it may be boring, it may cause you months to take off a trade but, I guarantee you will not lose money.
In different perspective on looking the data. My view comes here, if high minus low is 100%, and 50% is middle.
Say for example, the all time high for EUR/USD is 1.60384, and all time low is 0.93240.
Which 0.67144, or 6714 pips is consider 100%, round it up to 6700 pips for simpler calculation. Then 50% would be 3350 pips.
This can apply the last high and the last low, lower timeframe, etc.
Depending on how much capital you are able to risk, then split them to 10 times drawdown in terms of martingale strategy, that would be.
1
1
2
4
8
16
32
64
128
256
Now allot each trade to 10% of the total pips we've gather earlier, 6700 pips, that will be 670 pips each trades.
This 670 pips will be our SL and TP. Making each trades with that 1:1 RR.
Isn't this guarantee you a never loss bet, well this is the basic I'm trying to tell.
We all know, trades maybe in your favor in times, not often as luck will run out.
Statistic shows 2 TP and 200 SL has a 99% chance win rate, I can be the 1% to lose the trade off which I got stunned as I'm experienced this bad luck 3 times, when you buy in, the market crash in the next few minute. So luck are not guarantee but math does has an edge.
Martingale is designed to win a piece of candy but losing a factory, which is true and we later came up an idea known as Reverse Martingale. Is it known as a snowball effect, rolling $1, $2, $4, $8, $16, $32, $64....
I want to combine both these strategy with a little manipulation in what forex features us like, positive interest rate, spread, risk reward ratio, and I guess there are way more hidden ways of trading I have yet to explore yet, but make it basic as my knowledge grow I will update this.
So my idea is to trade it this way.
Reserve Martingale, securing profit as win streak goes high.
1: $10 W - $20
2: $20 W - $40
3: $40 W - $80
4: $80 W - $160
5: $80 W - $240
6: $120 W - $360
Martingale, extend SL and TP as lose streak goes high.
1. -$10 L ~ -$10 (50TP,50SL)
2. -$10 L ~ -$20 (50TP,50SL)
3. -$20 L ~ -$40 (100TP,100SL)
4. -$40 L ~ -$80 (150TP,150SL)
5. -$80 L ~ -$160 (200TP,200SL)
Our concern is the reduce risk as much as possible, so as lose streak goes higher and higher, extend your TP and SL trading with a positive interest currency pairs which pays off 0.2 pips everyday, imagine if your trade holds for months. The positive interest will save you.
Otherwise, losing over the 5th time is critical to you, reset it to zero.
So far in my knowledge of how the forex market works which what I read about earlier. Is the central bank, doesn't really care whatever strategy, or magical indicator, or some 99% win rate expert advisory you're using it. They only hunt orders that profit them the most.
He claims the only thing that works are trend, support & resistance...
ForexBonus.xyz
Inspired by Adam Khoo.
Inserted Video
Then for Forex, swap and spread is equivalent to the edge from the roulette system but it can be adjust with SL and TP corresponds the spreads your broker offers.
So, I thought of a simple mathematical way of trading forex, it may be boring, it may cause you months to take off a trade but, I guarantee you will not lose money.
In different perspective on looking the data. My view comes here, if high minus low is 100%, and 50% is middle.
Say for example, the all time high for EUR/USD is 1.60384, and all time low is 0.93240.
Which 0.67144, or 6714 pips is consider 100%, round it up to 6700 pips for simpler calculation. Then 50% would be 3350 pips.
This can apply the last high and the last low, lower timeframe, etc.
Depending on how much capital you are able to risk, then split them to 10 times drawdown in terms of martingale strategy, that would be.
1
1
2
4
8
16
32
64
128
256
Now allot each trade to 10% of the total pips we've gather earlier, 6700 pips, that will be 670 pips each trades.
This 670 pips will be our SL and TP. Making each trades with that 1:1 RR.
Isn't this guarantee you a never loss bet, well this is the basic I'm trying to tell.
We all know, trades maybe in your favor in times, not often as luck will run out.
Statistic shows 2 TP and 200 SL has a 99% chance win rate, I can be the 1% to lose the trade off which I got stunned as I'm experienced this bad luck 3 times, when you buy in, the market crash in the next few minute. So luck are not guarantee but math does has an edge.
Martingale is designed to win a piece of candy but losing a factory, which is true and we later came up an idea known as Reverse Martingale. Is it known as a snowball effect, rolling $1, $2, $4, $8, $16, $32, $64....
I want to combine both these strategy with a little manipulation in what forex features us like, positive interest rate, spread, risk reward ratio, and I guess there are way more hidden ways of trading I have yet to explore yet, but make it basic as my knowledge grow I will update this.
So my idea is to trade it this way.
Reserve Martingale, securing profit as win streak goes high.
1: $10 W - $20
2: $20 W - $40
3: $40 W - $80
4: $80 W - $160
5: $80 W - $240
6: $120 W - $360
Martingale, extend SL and TP as lose streak goes high.
1. -$10 L ~ -$10 (50TP,50SL)
2. -$10 L ~ -$20 (50TP,50SL)
3. -$20 L ~ -$40 (100TP,100SL)
4. -$40 L ~ -$80 (150TP,150SL)
5. -$80 L ~ -$160 (200TP,200SL)
Our concern is the reduce risk as much as possible, so as lose streak goes higher and higher, extend your TP and SL trading with a positive interest currency pairs which pays off 0.2 pips everyday, imagine if your trade holds for months. The positive interest will save you.
Otherwise, losing over the 5th time is critical to you, reset it to zero.
So far in my knowledge of how the forex market works which what I read about earlier. Is the central bank, doesn't really care whatever strategy, or magical indicator, or some 99% win rate expert advisory you're using it. They only hunt orders that profit them the most.
He claims the only thing that works are trend, support & resistance...
ForexBonus.xyz
Odd numbers are odd.
