anybody using martingale system with success?? | Page 3 | 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

Is there anybody who can create a simple anti-martingale EA? 5 replies

How to change this Martingale to Reverse Martingale ? 3 replies

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

Attachments: anybody using martingale system with success??
Exit Attachments

anybody using martingale system with success??

  • #41
  • Apr 9, 2014 8:24am Apr 9, 2014 8:24am
Quoting Qualm01
{quote} Bravo..But as you know things are hard before it gets easy...Anyway my answer is to op is YES..And i want to give a valuable advice to newbies out there..Don t listen one word from so called gurus who tell you that martingale won t work..I can promise you that they won t make any cents from market maybe a little group from this anti martingale group make money..But this group only use their sense not logic..If you got a chance to ask same question their sense the answer will be YES... By the way here is litmus paper for seperating money...
Have you considered the possibility that you are a guru yourself? You sure sound like one.
Attached Image
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #42
  • Jun 19, 2024 6:54am Jun 19, 2024 6:54am
Quoting aicccia
A trading strategy built exclusively around a money managment system is stupid. However if a system first had a 70%+ win rate, then there might be some wisdom in doubling the risk if there was a loss, but only once or twice.
I was thinking of this too
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #43
  • Jun 19, 2024 7:15am Jun 19, 2024 7:15am
Quoting magnumfreak
{quote} quite the contrary, I studied and analyzed martingale systems for over 6 months last year. I have never seen one method that involves martingale that could sustain growth over a long period of time. Yes they work under ideal conditions, however one long trend that goes against you will wipe the account clean. Even limited and modified martingale systems will eventually wipe you out. I would love for someone to post a martingale system that actually works consistently. I can almost guarantee you that there will be a time during the last year...
funny because this idea has been on my mind for the past weeks
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #44
  • Jun 19, 2024 1:22pm Jun 19, 2024 1:22pm
Quoting Erpthetrader
I was thinking of this too

And you bumped a 10-year-old thread just to say "I was thinking of this too "?!

What is wrong with these people?!
  • #45
  • Jul 4, 2024 3:05am Jul 4, 2024 3:05am
Quoting KarlKraus
{quote} And you bumped a 10-year-old thread just to say "I was thinking of this too "?! What is wrong with these people?!
yup!
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #46
  • Jul 4, 2024 3:07am Jul 4, 2024 3:07am
Quoting aicccia
A trading strategy built exclusively around a money managment system is stupid. However if a system first had a 70%+ win rate, then there might be some wisdom in doubling the risk if there was a loss, but only once or twice.
i actually meant to bump this one
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #47
  • Jul 4, 2024 7:20am Jul 4, 2024 7:20am
Fair enough. Sorry for my comment, then.

Everyone who uses a Martingale is successful with it until it suddenly destroys their whole account, always “completely unexpectedly.”

This thread might help you (possibly).
  • #48
  • Jul 5, 2024 10:30pm Jul 5, 2024 10:30pm
They will all fail. The goal is to +100% it & withdrawal.. more often than it goes to -100%.
ForexOrderFlow.com Return This Year: 8.8%
  • #49
  • Last Post: Aug 22, 2024 10:39pm Aug 22, 2024 10:39pm
Martingale Trading Method can make you profitable in the short term, but you will eventually encounter a one-sided market that will destroy your account.
0 traders viewing now