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Martingale... How to make it WORK for YOU!

  • #101
  • Oct 20, 2012 8:40pm Oct 20, 2012 8:40pm
[quote=Dredding82;6118605][quote=billytt;6118603]

But you just made my point.....you do NOT need a good strike

1 in 5 could be considered a good strike rate. i have a pro trader friend who has a strike rate of approx 1 in 9 i could never trade like that but he makes serious money when that 1 goes in. You have your way and i have my way and perhaps we think differently but at the end of the day we both make money, as i was saying i dislike the M word.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #102
  • Oct 20, 2012 8:40pm Oct 20, 2012 8:40pm
[quote=diceman555;6118612]
Quoting 4xPIPAHOLIC
you beat me to it.......[/

skippy ?

were did you find that conclusion,

your a smart guy,

dont confuse people with this bullshit
Oh god now everyone is going to be looking up how Skippy Peanut Butter can help trading! lol
  • #103
  • Oct 20, 2012 8:40pm Oct 20, 2012 8:40pm
[quote=Dredding82;6118611]
Quoting ramy3

Please go 1 page back and see the FACTS! i listed...because it HAS TO HAPPEN!
lol, will do again. Anyhow, your theory/fact is a bit flawed, but still worth looking into. I wish you luck in your trading.
Fuck Forex Factory.Wake up people.
  • #104
  • Oct 20, 2012 8:41pm Oct 20, 2012 8:41pm
[quote=billytt;6118614][quote=Dredding82;6118605]
Quoting billytt

But you just made my point.....you do NOT need a good strike

1 in 5 could be considered a good strike rate. i have a pro trader friend who has a strike rate of approx 1 in 9 i could never trade like that but he makes serious money when that 1 goes in. You have your way and i have my way and perhaps we think differently but at the end of the day we both make money, as i was saying i dislike the M word.

Yes i know you were saying you dislike martingale.......
  • #105
  • Oct 20, 2012 8:41pm Oct 20, 2012 8:41pm
[quote=ramy3;6118618]
Quoting Dredding82
lol, will do again. Anyhow, your theory/fact is a bit flawed, but still worth looking into. I wish you luck in your trading.

I do not need luck....i have a System.....with money management......lol
  • #106
  • Edited 9:14pm Oct 20, 2012 8:42pm | Edited 9:14pm
[quote=Dredding82;6118620]
Quoting ramy3


I do not need luck....i have a System.....with money management......lol
lol. Good luck.
Fuck Forex Factory.Wake up people.
  • #107
  • Oct 20, 2012 8:49pm Oct 20, 2012 8:49pm
  • #108
  • Oct 20, 2012 8:51pm Oct 20, 2012 8:51pm
Yes i know you were saying you dislike martingale.......[/quote]

i dislike the way people associate M with just doubling up blindly which is stupid but like you say it can be done and i do it slightly different
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #109
  • Oct 20, 2012 8:53pm Oct 20, 2012 8:53pm
Quoting Dredding82
So you can not take your current indicators you use.......and find how many possible setups for entry into that pair you would have for the period you are trading..........
Please refer to post #1..........

of course I can

I can also say that there is a: a high possibility that 1 in 4-5 trades reaches TP R:R 1:1

But for me a FACT is more than a very high possibility:...high possibility is good enough to trade and even make some money .. but for me a high possibility is not the same as a FACT ..

For others: a high possibility is good enough to take the risk and use something along your suggested Martingale.


You gave an example of an FACT:

Quoting Dredding82
Ok lets list 4 FACTS about the a pair........

1.) it will make a new high
2.) it will make a new low
3.) it will not make a new high or low
4.) it will make a new high and a new low.......
I still want to see a trader who can say with the same certainty that 1 in 4-5 trades riches R:R 1:1.

Not on average but as a FACT at all times... indeed such a trader has got it all ...

Cheers
Ati
Money is important, Love is essential.
  • #110
  • Oct 20, 2012 8:57pm Oct 20, 2012 8:57pm
Quoting Ati Baia
of course I can

I can also say that there is a: a high possibility that 1 in 4-5 trades reaches TP R:R 1:1

But for me a FACT is more than a very high possibility:...high possibility is good enough to trade and even make some money .. but for me a high possibility is not the same as a FACT ..

For others: a high possibility is good enough to take the risk and use something along your suggested Martingale.


You gave an example of an FACT:



I still want to see a trader who can say with the same certainty that 1 in 4-5...

OMG........look at a standard candle chart on EurUsd H1...just use the change.......fuck the number of changes(no system)....this is just to prove a point

Tell me there is not one change where if you placed your SL at the low...of the last candle.......your TP of 1:1 would not have been hit.........
  • #111
  • Oct 20, 2012 8:59pm Oct 20, 2012 8:59pm
ok,ill leave this to its own conclusion,

do this with a real account,not dimes,but bucks,realistic to making a living ?

not one person will respond;

illusions are illusions
  • #112
  • Oct 20, 2012 8:59pm Oct 20, 2012 8:59pm
  • #113
  • Oct 20, 2012 9:00pm Oct 20, 2012 9:00pm
Quoting diceman555
ok,ill leave this to its own conclusion,

do this with a real account,not dimes,but bucks,realistic to making a living ?

not one person will respond;

illusions are illusions

"Pennys, Nickels and Dimes are what make a BUCK"........................

Now of course you need to have a real account...that is REALLY FUNDED...to use this kind of MM........or yes you will be penny, nickel and making dimes till you get the funds you need.
  • #114
  • Oct 20, 2012 9:02pm Oct 20, 2012 9:02pm
[quote=Ati Baia;6118634] of course I can

I can also say that there is a: a high possibility that 1 in 4-5 trades reaches TP R:R 1:1

do you know about trading spikes, like news releases, volatile pairs, oil etc. i said news releases but i never trade them but these have a very high strike rate of going in . i cannot say at this moment how high due to me being in a hotel but its something like 4 in 5 or 9 in 10. infact you dont even have to do M. and sorry dredding for saying strike rate lol. anbd with that lovely wife is beckoning me and i have to give night watchman his pc back lol. Take care guys
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #115
  • Oct 20, 2012 9:03pm Oct 20, 2012 9:03pm
Quoting diceman555
ok,ill leave this to its own conclusion,

do this with a real account,not dimes,but bucks,realistic to making a living ?

not one person will respond;

illusions are illusions
i do bud big time
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #116
  • Oct 20, 2012 9:05pm Oct 20, 2012 9:05pm
[quote=billytt;6118645]
Quoting Ati Baia
of course I can

I can also say that there is a: a high possibility that 1 in 4-5 trades reaches TP R:R 1:1

do you know about trading spikes, like news releases, volatile pairs, oil etc. i said news releases but i never trade them but these have a very high strike rate of going in . i cannot say at this moment how high due to me being in a hotel but its something like 4 in 5 or 9 in 10. infact you dont even have to do M. and sorry dredding for saying strike rate lol. anbd with that lovely wife is beckoning...
OMG...there are SPIKES in the markets.........Say it aint so....say it aint so......no shit.....lol

that is where your OWN system comes into play....not trading around reports....only trading a session(London,Jap,US) etc....these are called FILTERS..........which i am sure you use already....right?
  • #117
  • Oct 20, 2012 9:06pm Oct 20, 2012 9:06pm
Quoting billytt
i do bud big time
And he is not the only one...........
  • #118
  • Oct 20, 2012 9:10pm Oct 20, 2012 9:10pm
[quote=Dredding82;6118652][quote=billytt;6118645]


i was referring to almost guaranteed wins in forex referring to spikes, i doi trade them but its a long wait. anyway take care i am away
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #119
  • Oct 21, 2012 3:14pm Oct 21, 2012 3:14pm
looks like room gone dead
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #120
  • Oct 26, 2012 9:59am Oct 26, 2012 9:59am
i guess the room leader lost all his money on martingale hence no answers, You have to do it right. take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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