Good morning Mr SwingMan,
I am just newbie to forex and FF forum. Subscribe and love to learn read to every single post.
I am just newbie to forex and FF forum. Subscribe and love to learn read to every single post.
EurCad Analysis and Trading Ideas 594 replies
FSP Trading Journal and Trend Ideas 16 replies
Forex trading platform that doesn't take your ideas 11 replies
Program Your Trading Ideas without being a programmer 4 replies
Exchanging trading ideas 37 replies
Disliked{quote} Surely I didn't explain it clearly enough, and I don't plan to do that either ... Those who recognize and understand the idea can continue studying or ask specific questions, no problem. The table in #Post 33 should be studied, preferably with percentages. You are right, at exit you close the trade, you take the loss, you add the desired profit and the lotize is increased. Because the SL is sliding, this lot size will be smaller than in the classic martingale and of course you can also use this method for other systems.Ignored
Disliked...Thanks for your reply. I am not 'Those who recognize and understand the idea' (I have a low IQ just as MZ) but I have already traded similar strategies on live accounts and want to share my findings just to warn/contribute here, hope this will help. If you start a progression you do not have control anymore; you will have to accumulate positions and have to use stop orders to be sure to be filled at certain prices otherwise your plan will not work. Stop orders = carte blanche for brokers they like it very much. Imagine your accumulated strategy...Ignored
DislikedI have done a small manual backtest of EURUSD on H1, Feb-19 to Jul-19 ...Ignored
Dislikedsleeping with a martingale is difficult, hehe When I have the numbers in front, I comment on how the TS's route has been and therefore the necessary lot to enter according to their tables.Ignored
Disliked... Instead of MG, you might have a look at using a progressive betting sequence like 1-2-3 or 1-3-2-6. That way, as long as you have good statistics of the system's average consecutive winners/losers, you can adapt the type of sequence and control your DD with a good night's sleep...Ignored
Disliked{quote} Please all to not post any discussions about martingales here in the thread! I suggested to analyze an alternative to MGs, which I haven't seen anywhere else, @gerval understood what it was about, that's all. About progressive betting I recommend studying the book/e-book and the systems of "roulettetrader#com". There one can maybe learn something and trade "good statistics" successfully.Ignored
Disliked{quote} Instead of MG, you might have a look at using a progressive betting sequence like 1-2-3 or 1-3-2-6. That way, as long as you have good statistics of the system's average consecutive winners/losers, you can adapt the type of sequence and control your DD with a good night's sleep... I made a little stop trailer( with xxreema - lol), makes it a bit easier. {file}Ignored
Disliked{quote} There are 4 basic ways to hedge. Each way can have multiple differences. Will not go into details, just laying the most basic ways: 1. Hedge with using a SL. Push and Release technique. Exactly like in skiing. 2. Hedge without using a SL. The most lazy way to hedge. Keep all trades open and close at pips TP target or average pips/$ targets or whatever. This one is the most hard to make profitable, as it is the simplest, less complex way of all. The simpler it is, the harder is to get to. 3. Hedge based on closing the opposite instead of...Ignored
Disliked{quote} 1) Surefire system? 2) Do not double your lots or the lack of margin will kill your account ? 3) Maybe you just right down the loss and make an increment on next signal if it good and try to profif from this one ? 4) Avoiding swap ? you tp some of your positions to release margin and avoid swap, but maintain lot difference for desired bias. Well those are my guessings, my iq is not 69 =(Ignored