Is the martingale way the only way in Forex? | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Martingale, Anti-martingale, and Compounding 40 replies

Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply

Martingale Calculation EA (also reverse martingale) 3 replies

How to change this Martingale to Reverse Martingale ? 3 replies

Martingale vs. Non Martingale (Simplified RoR vs Profit) 1 reply

Attachments: Is the martingale way the only way in Forex?
Exit Attachments

Is the martingale way the only way in Forex?

  • #21
  • Jul 21, 2017 3:31pm Jul 21, 2017 3:31pm
Martingale is a horse shit. There are MANY ways, one can dig lots of green pips, without even using multipliers.

I will give you an example.

Daily breakouts. Track them down. Try to flip them. If you can hold 300-400-500 pips after the last flip (do not increase the lot size while flipping!), you'll get yourself a nice profit.

A good flipping system would eat about 100-150 pips on average, as an expense, out of the targeted 400 pips per trade.

I repeat, a good flipping system, in terms of returns, will just double or triple the DD, as a net profit (in return)...

All you have to do is to figure out a good flipping system. It is easy. It took me a little less than 3 years.

My IQ is 75. I bet anyone here can do it faster than me. I slept 4-5 hrs on average during these 3 years... This is a low IQ sleeping problem. If you do not have a low IQ - you will be just fine!
Maadik Hugiis. IQ 69.
  • #22
  • Aug 24, 2017 7:50am Aug 24, 2017 7:50am
Hi MoneyZilla,

how you code the EA for good Martingale. Are you using an EA builder.
  • #23
  • Aug 25, 2017 4:07pm Aug 25, 2017 4:07pm
Better to google martingale and we all will know that it does not works all the times.
  • #24
  • Aug 25, 2017 11:08pm Aug 25, 2017 11:08pm
I need to 100% hedge the Martingale with good retracement
  • #25
  • Aug 27, 2017 11:54pm Aug 27, 2017 11:54pm
No doubt, martingale is one of the most popular trading strategy here! But honestly, this is not only one process of standing here! I see, many traders are establish here by using news trading, Price Action trading and also using their personal trading strategy or system!
  • #26
  • Sep 5, 2017 12:48pm Sep 5, 2017 12:48pm
Quoting JimmyChoo
No doubt, martingale is one of the most popular trading strategy here! But honestly, this is not only one process of standing here! I see, many traders are establish here by using news trading, Price Action trading and also using their personal trading strategy or system!
Well said, I have also seen many successful Forex traders by different background! Many traders are successful by using fundamental analysis, technical analysis and so many personal strategies are also available here! By the way, fundamental analysis is my main strategy.
  • #27
  • Sep 5, 2017 1:36pm Sep 5, 2017 1:36pm
Quoting GeorgeBaile
{quote} Well said, I have also seen many successful Forex traders by different background! Many traders are successful by using fundamental analysis, technical analysis and so many personal strategies are also available here! By the way, fundamental analysis is my main strategy.
are you profitable with your fundamental trading?
do you feel that funds/traders with deeper pockets has access to fundamental information exclusively/ahead of time of publishing vs small retail traders like you?
there is always, always another trade!!
  • #28
  • Sep 6, 2017 6:15am Sep 6, 2017 6:15am
Martingale is a sort of way that can give you free flowing profits, but it requires a lot of capital and there is no looking back with this strategy. It is a sort off strategy that’s going to get you great profits or will leave you at nowhere. So, that’s why you must continue pumping in money till you succeed or till you run out of investment. That’s to me is the way Martingale method works.
  • #29
  • Jan 30, 2018 12:41am Jan 30, 2018 12:41am
Quoting profitfarmer
{quote} are you profitable with your fundamental trading? do you feel that funds/traders with deeper pockets has access to fundamental information exclusively/ahead of time of publishing vs small retail traders like you?
Yes I am! I basically determine the market trend based on my fundamental analysis.
  • #30
  • Jan 30, 2018 3:20am Jan 30, 2018 3:20am
Quoting GeorgeBaile
{quote} Yes I am! I basically determine the market trend based on my fundamental analysis.
there you go. all that matters!
there is always, always another trade!!
  • #31
  • Jan 30, 2018 9:43am Jan 30, 2018 9:43am
To almost all of the traders, martingale strategy is attractive but also terrible. It can give you decent income|revenue|earnings in a short time frame but can also amplify your account in one day.
  • #32
  • Jun 9, 2018 7:03am Jun 9, 2018 7:03am
There is any chance that martingale trading strategy can profitable beginners ?
  • #33
  • Jun 11, 2018 9:44am Jun 11, 2018 9:44am
Generally the martingale strategies are very risky and if not used safety, they can blew your account in a few hours.
  • #34
  • Jun 12, 2018 12:09am Jun 12, 2018 12:09am
Quoting Rmk90
Greetings to all fellow traders, First of all, i know all the disadvantages about martingale trading style and lots sizing and averaging tactics. And I am fully aware of the consequences of doing so in bad times like going against trends , or starting your buy or sell series at high or low peaks respectively,. However I believe that if you do it at the right time it would be somehow very profitable. In my own opinion, and i repeat, MY OWN PERSONAL OPINION, I believe that there is no proven working trading system yet for retail Forex traders. Logically...
Yes, Martingale is a way to go only if you smart enough about it
Don't Be A Hard Worker, Be A Smart Worker
  • #35
  • Last Post: Jun 12, 2018 5:50am Jun 12, 2018 5:50am
Quoting JimmyChoo
No doubt, martingale is one of the most popular trading strategy here! But honestly, this is not only one process of standing here! I see, many traders are establish here by using news trading, Price Action trading and also using their personal trading strategy or system!

People blow accounts not using martingale, so why criticize it so heavily? A person who adds on to a losing trade even if they don't multiply the lot size is taking part in martingale trading however, the name is changed to "avg'in into a position". If I had a system which had a 25% win rate where one never losses 4 times in ina a row, then martingale would be a no brainer. Why is that? As you can scale your account and your max risk over those 4 trades. Clearly if you knew the direction with 100% certainty then one would not need to use martingale but if probability is on your side then you should increase lot sizes after ever loss. I have yet to see a non martingale system work so why expect the much complex martingale money management to do better?
Read my shouts to get myfxbook link
0 traders viewing now