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  • #61
  • Dec 22, 2021 5:52am Dec 22, 2021 5:52am
Quoting RickM
{quote} Hi Gepards I walked into a meeting at a prop firm a couple years back, with a chart like yours. You would get annihilated if you tried to use the term " averaging down" . I did and it didn't go well for me. Don't kid yourself its not martingale - every pro trader would just judge you harshly like they did to me. Once you increase trade size, its martingale. No excuses. Saying that - I very much like your trading strategy and Merry christmas.
tnx Rick

Ok let it be: I use Averaging + Martingale. And I use SL 20% of the account. And I bet that wont be 4 Brexits in a row. Thats it. Peace.

Please forgive me Paul because of my offensive words.
  • #62
  • Dec 22, 2021 6:26am Dec 22, 2021 6:26am
Quoting gepards
{quote} tnx Rick Ok let it be: I use Averaging + Martingale. And I use SL 20% of the account. And I bet that wont be 4 Brexits in a row. Thats it. Peace. Please forgive me Paul because of my offensive words.
You didn't use any offensive word. There is no need to be sarcastic here.
Always ready to help
  • #63
  • Dec 22, 2021 6:55am Dec 22, 2021 6:55am
Quoting PaulMF
{quote} You didn't use any offensive word. There is no need to be sarcastic here.
i felt offensive and tired. maybe my English is bad.. should say "offensive speech" or "offensive style". no sarcasm. peace

Merry Christmas!
  • #64
  • Dec 22, 2021 7:19am Dec 22, 2021 7:19am
Quoting ScalperGuru
Forex is only real due to our different trading approach to the market. Generally I think forex market has not changed and will not. Identify your trade pattern, improve it and keep improving it profitably.
This basically what i think with one tweak.

i think the only thing that ever changes is levels of volatility. thats very important to track. if you set Tps by looking at average ATR ranges that can and will change

it could be what makes or breaks you. if volatility falls off then TPs and SLs need to be adjusted accordingly to however it is someone trades
  • #65
  • Edited 7:59am Dec 22, 2021 7:22am | Edited 7:59am
Quoting RickM
{quote} Hi Gepards I walked into a meeting at a prop firm a couple years back, with a chart like yours. You would get annihilated if you tried to use the term " averaging down" . I did and it didn't go well for me. Don't kid yourself its not martingale - every pro trader would just judge you harshly like they did to me. Once you increase trade size, its martingale. No excuses. Saying that - I very much like your trading strategy and Merry christmas.


All respect for you Rick.

One of famous ES trader Don Miller was trading ES sometimes as market maker, buying when others sells.
He has nice book of his journey.

I saw 2018 when people lost 1 mio, using a one trader startegy which was using similar startegy as gebard.
It was in mql5 and psyquotion. where he collected peoples money.
Its always easy when markets go one direction.

its good Gepard know , what can happend if he try to sell his startegy somewhere, because some thread he wrote he dont want get beat.

Which also tells me he dont trust his skills. enough.

and by the way i never enter position, i think i am right, i allways have funds add more, and never use stops. (only break circuits) for me its 2%.

Maybe its different strategy gebard, wrote his stop loss is 5%, now msft has been over 5%. Sorry gebard this is not attack for you, just wondering, do you have different stop loss for msft. than one what you told other thread. I maybe mix things wrong way.

All this will be collected by bankers which will have more information than retailers.

Gepard test your startegy 2012-2013 when Gu tank. I made loss, that time with GU
  • #66
  • Dec 22, 2021 8:32am Dec 22, 2021 8:32am
Quoting kk100
Maybe its different strategy gebard, wrote his stop loss is 5%, now msft has been over 5%. Sorry gebard this is not attack for you, just wondering, do you have different stop loss for msft. than one what you told other thread. I maybe mix things wrong way. All this will be collected by bankers which will have more information than retailers. Gepard test your startegy 2012-2013 when Gu tank. I made loss, that time with GU
Please refer to exact post where I wrote SL 5%.. cant remember that. What I see in my EAs which use averaging down/martingale then global stop loss variates between assets but for MSFT (have several accounts with different setups here too) global SL is 13% for this my most profitable MSFT account so far - it uses only 2 levels. At this moment MSFT stock is down and I have still 1 opened deal 1 month now in dd - no other level opened jet:

Attached Image (click to enlarge)
Click to Enlarge Name: msft_down.png Size: 111 KB


Here you can see myfxbook for that particular EA results and see opened deal.

Meanwhile, another setup for Orale stock hit SL 16%, was opened 3 positions 0.1, 0.2 and 0.3 lots.

Attached Image (click to enlarge)
Click to Enlarge Name: oracle_sl.png Size: 50 KB

as you see... I do use SL. And now might be turbulences because stocks markets are very bearish. Have several EAs where that is not a problem - hedge MSFT vs IBM and for example FB stocks where i catch swings with SELL and BUY deals. FB EA results now look like this:

Attached Image (click to enlarge)
Click to Enlarge Name: fb_dd.png Size: 103 KB

not all EAs are attached to myfxbook... its time consuming - I continue to grow my EAs ecosystem. Recently added several EAs based on MFI indicator (started even thread but no one said nothing regarding strategy). Have good reporting in FxCopy and MQL website where I monitor all my EAs.

As you see I keep some closed (inactive) EAs in myfxbook just for reference. And you can see losing EAs too. All transparent. you can go to my ff profile and will se several wiped out accounts - keep for reference (hope visible for all... maybe only for me... long time inactive)

Attached Image (click to enlarge)
Click to Enlarge Name: my_profile.png Size: 86 KB
  • #67
  • Dec 22, 2021 8:56am Dec 22, 2021 8:56am
Quoting kk100
{quote} All respect for you Rick. One of famous ES trader Don Miller was trading ES sometimes as market maker, buying when others sells. He has nice book of his journey. I saw 2018 when people lost 1 mio, using a one trader startegy which was using similar startegy as gebard. It was in mql5 and psyquotion. where he collected peoples money. Its always easy when markets go one direction. its good Gepard know , what can happend if he try to sell his startegy somewhere, because some thread he wrote he dont want get beat. Which also tells me he dont...
When I read that gepards was offended and tired, I felt bad and decided to pay some attention and read his MyFXBook profile. It seems like gepards already know about the concepts being discussed here.

gepards has already experienced something similar, as anyone can see in the pictures below.


gepards is a martingale gambler. Holds positions for 3 days on average till the price reverts back. That's not trading. It is holding positions with martingale logic. Extremely risky.

I'm the offended one now.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gepards experience.GIF Size: 44 KB
Click to Enlarge Name: gepards experience 2.GIF Size: 63 KB
Always ready to help
  • #68
  • Dec 22, 2021 9:15am Dec 22, 2021 9:15am
Quoting PaulMF
Holds positions for 3 days on average till the price reverts back. That's not trading. It is holding positions with martingale logic.
Why this is not trading? What is trading?
  • #69
  • Dec 22, 2021 9:23am Dec 22, 2021 9:23am
Quoting joyny
{quote} Why this is not trading? What is trading?
Making frequent transactions with the goal of beating the market by means of some strategy supported by some market logic and statistics.

Increasing positions when equity drops and holding them till the price reverts back is not a strategy based on any market logic.
Always ready to help
  • #70
  • Edited 9:44am Dec 22, 2021 9:28am | Edited 9:44am
Quoting PaulMF
{quote} Making frequent transactions with the goal of beating the market by means of some strategy supported by some market logic and statistics. Increasing positions when equity drops and holding them till the price reverts back is not a strategy based on any market logic.
why 1 "trade operation" can't consist of n opened positions with different positions sizes?

I see market logic is up/down reversing/fluctuating all the time... bet on retrace is not trading? or only 1 position at a time is allowed to be valid trading?
  • #71
  • Dec 22, 2021 9:50am Dec 22, 2021 9:50am
Quoting PaulMF
{quote} When I read that gepards was offended and tired, I felt bad and decided to pay some attention and read his MyFXBook profile. It seems like gepards already know about the concepts being discussed here. gepards has already experienced something similar, as anyone can see in the pictures below. gepards is a martingale gambler. Holds positions for 3 days on average till the price reverts back. That's not trading. It is holding positions with martingale logic. Extremely risky. I'm the offended one now. {image} {image}

Yes its pretty much if want want help. So he can continue. I check your profile, i can understand whant you have gone.
some people want hit they head and dont understand brick is harder.
I can add for platforms, bloomberg and finity. But these kids dont understand if talk with them.
  • #72
  • Edited 10:33am Dec 22, 2021 10:04am | Edited 10:33am
Quoting gepards
{quote} Please refer to exact post where I wrote SL 5%.. cant remember that. What I see in my EAs which use averaging down/martingale then global stop loss variates between assets but for MSFT (have several accounts with different setups here too) global SL is 13% for this my most profitable MSFT account so far - it uses only 2 levels. At this moment MSFT stock is down and I have still 1 opened deal 1 month now in dd - no other level opened jet: {image} Here you can see myfxbook...

I will try to find it it was somewhere you post, real live trades or something. and if remember . this is not attack for you but make you better trader. i watch you progress and allways happy when its more profit. the post was somewhere where, bruthal truth, and its goood post.

Like jouyny has post he do fine with ea, but those results are not enough for me what i can do manual

Do you listen people who havent kick out from institutions.
Or do you say SHUT UP fucker.
This place hangs only couple ex pros whoa can do they living.


every time when i am writing here what the fuck I do here.
bunch of people who dont listen.

Profitfarmer try to help, Rick try to help, and get shit his face
i am not good as them,

But i can tell stop fuck thinking you are right
jouny i just try to wake up, thinking.

So last post here fucktory.



you 100$ accounts dont impress at all.
It diffrent game when you can loose expensive car or house, if you loose.

I think gepard, nordling go back to hatch with chickens.
you do more damage what you cant never understand.


Joyny i try to shake you, nothing is right.

Think about it.

live for your passion but dont let your passion control your life.
  • #73
  • Dec 22, 2021 11:25am Dec 22, 2021 11:25am
Quoting joyny
{quote} why 1 "trade operation" can't consist of n opened positions with different positions sizes? I see market logic is up/down reversing/fluctuating all the time... bet on retrace is not trading? or only 1 position at a time is allowed to be valid trading?
Those are not my words. I didn't say that.

We only have one position per symbol. Only one, it does not matter the size, it is only one, whether long or short.
Always ready to help
  • #74
  • Dec 22, 2021 11:36am Dec 22, 2021 11:36am
Quoting PaulMF
{quote} Those are not my words. I didn't say that. We only have one position per symbol. Only one, it does not matter the size, it is only one, whether long or short.
One position per account or even one position per our equity
Observer effect
  • #75
  • Dec 22, 2021 11:01pm Dec 22, 2021 11:01pm
Quoting PaulMF
{quote} When I read that gepards was offended and tired, I felt bad and decided to pay some attention and read his MyFXBook profile. It seems like gepards already know about the concepts being discussed here. gepards has already experienced something similar, as anyone can see in the pictures below. gepards is a martingale gambler. Holds positions for 3 days on average till the price reverts back. That's not trading. It is holding positions with martingale logic. Extremely risky. I'm the offended one now. {image} {image}
regarding usdcad 40% dd:

have thread where I from 0 to running EAs wrote how I do all and yes 1st versions of EAs was without global SL, when noticed that as problem i turned off non-choppy pairs EAs (EURUSD, USDCAD, USDJPY) I keep that inactive accounts in myfxbook for reference.
  • #76
  • Dec 22, 2021 11:48pm Dec 22, 2021 11:48pm
Quoting PaulMF
We only have one position per symbol. Only one, it does not matter the size, it is only one, whether long or short.
why?
  • #77
  • Dec 23, 2021 12:46am Dec 23, 2021 12:46am
Quoting gepards
{quote} regarding usdcad 40% dd: have thread where I from 0 to running EAs wrote how I do all and yes 1st versions of EAs was without global SL, when noticed that as problem i turned off non-choppy pairs EAs (EURUSD, USDCAD, USDJPY) I keep that inactive accounts in myfxbook for reference.
gepards, good to see you are honest and don't hide disasters/mistakes. Interesting to follow your threads and see how you learn and grow. Inspiring

Thank you Merry Christmas!
  • #78
  • Dec 23, 2021 3:47am Dec 23, 2021 3:47am
Quoting joyny
{quote} why?
Because that's the way arithmetic and exchanges work.
Always ready to help
  • #79
  • Dec 23, 2021 1:19pm Dec 23, 2021 1:19pm
Quoting PaulMF
{quote} Because that's the way arithmetic and exchanges work.
Ok.. Now all clear...
  • #80
  • Dec 23, 2021 2:42pm Dec 23, 2021 2:42pm
Insight from someone who knows what's up About the OPs original question
https://www.forexfactory.com/thread/...10#post3394110
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