Gambler trading (with some MM), who says it can't be done? | Page 12 | Forex Factory

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Gambler trading (with some MM), who says it can't be done?

  • #221
  • Feb 2, 2014 2:40pm Feb 2, 2014 2:40pm
[quote=billytt;7254186]Keeping to a gambling theme. Just suppose you had a decent trading method rather than just try and gamble why not should your decent method win compound your winnings and just suppose you have a loss double up on you. r next trade as in martingale.This is a far safer method to lose your money if you want too, Only an idea. Have a good week guys[/quote

Maybe check out this thread (ANOTHER THAT THE TROLLS KILLED)
http://www.forexfactory.com/showthread.php?t=444231 He doubles up after a loss up to 6%.

I have never traded martingale but am open to ideas always.
  • #222
  • Feb 2, 2014 3:10pm Feb 2, 2014 3:10pm
Renegade. I was just posting an idea. No one needs to gamble with forex it is hard as it is. Martingale is not recommended but to spice up a trade or gamble. Why not just for fun. Be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #223
  • Feb 2, 2014 3:24pm Feb 2, 2014 3:24pm
Quoting billytt
{quote} Hi bud, I haven't seen that guy trade but it is probably something similar to the way I traded. I nailed oil many times,, 1/ I had pc set waiting for spikes which happened every so often (rare though) 2/ once you know the range ie oil at the time was 120 -180. if you have the right set up and you get in at the low end of range and when it moves up either add positions every 20 pips (or what ever) or compound it to death . Doing this makes massive returns but it also goes against what some of the FF threads preach, but then again I don't...
Same Billy?
  • #224
  • Feb 2, 2014 3:41pm Feb 2, 2014 3:41pm
Quoting renegade
{quote} Same Billy?

Hi , I am not sure what you are getting at sorry.No need to gamble but one must be in control. I compounded a lot but I didn't just double up I compounded only a part. It all gets down to having a good trading method.
As for oil spikes, I had some very good software and it worked awesome and fast it was a pity not too many spikes happened. If you need more answers I will gladly speak,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #225
  • Feb 2, 2014 3:51pm Feb 2, 2014 3:51pm
Quoting billytt
{quote} Hi , I am not sure what you are getting at sorry.No need to gamble but one must be in control. I compounded a lot but I didn't just double up I compounded only a part. It all gets down to having a good trading method. As for oil spikes, I had some very good software and it worked awesome and fast it was a pity not too many spikes happened. If you need more answers I will gladly speak,
I used to trade Lumber the same way before on the cell phone before this shit was online. .
  • #226
  • Feb 2, 2014 4:16pm Feb 2, 2014 4:16pm
Quoting renegade
But opinions are like assholes, we all bloody have one.
On the subject of rusty bullet holes...When two people kiss, they're forming a long tube with assholes at both ends.
  • #227
  • Feb 2, 2014 5:15pm Feb 2, 2014 5:15pm
Quoting GDR3k
Remember folks.. {image} Carry on...
Good point and you are right!!!!!!! Especially since my posts are getting edited now????? Good luck everyone!!!!!!!!!!
  • #228
  • Feb 2, 2014 5:26pm Feb 2, 2014 5:26pm
Quoting renegade
{quote} Then change the channel!
it's like a fire, you just can't stop poking it
tradewith60
  • #229
  • Feb 2, 2014 5:32pm Feb 2, 2014 5:32pm
Quoting 60minuteman
{quote} it's like a fire, you just can't stop poking it
Why ? Because maybe you can't do it doesn't mean someone else can't!
  • #230
  • Feb 2, 2014 5:38pm Feb 2, 2014 5:38pm
Quoting renegade
{quote} Why ? Because maybe you can't do it doesn't mean someone else can't!
I have never said that ... read the thread!... read my posts.

I maintain it lacks logic though, I base my risk on my risk model, what do you use?
tradewith60
  • #231
  • Feb 2, 2014 5:42pm Feb 2, 2014 5:42pm
owl, my posts are now being edited it seems I cannot mention large amounts of money. Grow up, you have no idea what so ever about trading.If you have now is the time to comment. Their is no reason to gamble just trade your method.
Compounding is not gambling if you stick with your method.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #232
  • Feb 2, 2014 5:44pm Feb 2, 2014 5:44pm
Quoting 60minuteman
{quote} I have never said that ... read the thread!... read my posts. I maintain it lacks logic though, I base my risk on my risk model, what do you use?
What works for me!!!!!!!!!!!!!!!!! I probably couldn't trade your way and visa versa. Everyone see's diifernt trades and trades differently! No one is right or wrong because they don't trade my way!!!!!!!!!!!! It is all about making money or losing money!!!!!!
  • #233
  • Feb 2, 2014 5:47pm Feb 2, 2014 5:47pm
Quoting 60minuteman
{quote} I have never said that ... read the thread!... read my posts. I maintain it lacks logic though, I base my risk on my risk model, what do you use?
I didn't thrash you because I did read your posts and you are not one of the " TROLL RAT PACK" ! Thank you for your input!
  • #234
  • Last Post: Feb 2, 2014 5:49pm Feb 2, 2014 5:49pm
Quoting renegade
{quote} What works for me!!!!!!!!!!!!!!!!! I probably couldn't trade your way and visa versa. Everyone see's diifernt trades and trades differently! No one is right or wrong because they don't trade my way!!!!!!!!!!!! It is all about making money or losing money!!!!!!
you're missing the point, calm down and think.

If your risk model guarantees you will lose all your money, is that smart?

You may pull it off with a lucky streak, but the logical approach if you want to gain quickly is to also insure you are mathematically unlikely to blow up your account. Obviously this can only be based on previous results, but that is what money management is. Build a risk model and use the data...

jeez americans are so hot headed, ease up on the exclamation marks, it's like UFC in here
tradewith60
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