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  • #891,121
  • Apr 18, 2014 12:06pm Apr 18, 2014 12:06pm
Quoting Magix
{quote} This has no relevance to the conversation. What I understand mathematically isn't the foundation for my market strategies. They are based on Market Movements and reasonable ranges. You are guessing...effectively tossing a coin to take trades based on bullshit logic. Talking tough doesn't make you look smart, especially when you cannot provide a single shred of evidence that what you say has any relevance to the conversation or to trading in general. Basically, you are being defensive because I slapped you around with your stupidity again....
That is laughable. if you do martingale it is all about math.

Who is guessing? Am I guessing market movement?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #891,122
  • Apr 18, 2014 12:07pm Apr 18, 2014 12:07pm
Quoting Davit
{quote} Elaborate please
Nothing concrete, but i read a Deutsche report on selling the pound, than a UBS one day after ... now there is a WSJ article on the issue! Either i'm paranoid, or someone is cooking a campaign
"It's the Margin, Stupid."
  • #891,123
  • Apr 18, 2014 12:08pm Apr 18, 2014 12:08pm
Quoting ffleo
{quote} That is laughable. if you do martingale it is all about math. Who is guessing? Am I guessing market movement?
What is laughable is that I have provided information on successful martingale strategies that are market based.

You are working with your dogshit logic and cannot make something work.

Can't get that square peg into a round hole?

It's not about the math at all. Again, go sit in your closet and tell me why you cannot see light.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891,124
  • Apr 18, 2014 12:11pm Apr 18, 2014 12:11pm
Quoting Davit
I am a big fan of modified "Martingale" Trick is your SL should be predetermined in $$ not pips Example $500 to short NU at 87 Fundamentally we know its historical high since 2011 so we short aggressively with confidence $500 with .50 lot gives you 1000pips Take 1000pips and add to your "losing" position as you see fit but try using bigger lot on higher up! Martigale part is using your best lots on top smallest at bottom. If your smallest happened to be top then you add more to winning position by moving SL from winning position to BE thus you have...
I know how you trade. You take a loss when the loss reach your limit without adding more to the position, so you position does not grow exponentially infinitely.

For all the authorities that martingale their position exponentially without limit, it is doomed to fail. There is no such thing as an authority in martingale.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #891,125
  • Apr 18, 2014 12:13pm Apr 18, 2014 12:13pm
speaking of dogs and holes
Attached Image (click to enlarge)
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  • #891,126
  • Apr 18, 2014 12:15pm Apr 18, 2014 12:15pm
Quoting JimmyC
speaking of dogs and holes {image}
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891,127
  • Apr 18, 2014 12:15pm Apr 18, 2014 12:15pm
Quoting ffleo
{quote} I know how you trade. You take a loss when the loss reach your limit without adding more to the position, so you position does not grow exponentially infinitely.
that puts a stop.
In trading, you have to be defensive and aggressive at the same time
  • #891,128
  • Apr 18, 2014 12:18pm Apr 18, 2014 12:18pm
Quoting Davit
{quote} that puts a stop.
but magix does not seem to have a stop to his martingale strategies, because he is the best authority on martingale. lol. authority on martingale.

the best part is that he does not use math to control risk in martingale.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #891,129
  • Apr 18, 2014 12:19pm Apr 18, 2014 12:19pm
Quoting JimmyC
speaking of dogs and holes {image}
OMG that was funnnyyyyyyyyyy
In trading, you have to be defensive and aggressive at the same time
  • #891,130
  • Apr 18, 2014 12:22pm Apr 18, 2014 12:22pm
Quoting ffleo
{quote} but magix does not seem to have a stop to his martingale strategies, because he is the best authority on martingale. lol. authority on martingale.
Its hard explaining complex trading system in a forum posts.I don't judge.I am open always outside of box thinking.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #891,131
  • Apr 18, 2014 12:23pm Apr 18, 2014 12:23pm
Quoting ffleo
{quote} but magix does not seem to have a stop to his martingale strategies, because he is the best authority on martingale. lol. authority on martingale.

Really?

This is what you've got?

Rather than actually try and back up your claims or disprove mine, you go to the crowds for support and follow up with emoticons?

Again, this doesn't make you look smart...just backs up my statement in that you cannot provide any relevant information, because you do not know your ass from a hole in the ground.

Way to go, Champ!

If you ever come up with something that resembles a coherent thought or counter claim, let me know...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891,132
  • Apr 18, 2014 12:25pm Apr 18, 2014 12:25pm
if I played according to rules. I would have been out of this game 6 years ago.

Most trades I see minus 10% on my net worth before I collect a net gain of 5%.
And I'm still in the game since 2005.

It's just how much tolerance do you have for losses that can turn into winnings.

Of course Martingale System works.
You just have to play this game @ the right place.

Remember ....................... what goes up............................., always comes down.............................. sooner or later!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #891,133
  • Apr 18, 2014 12:27pm Apr 18, 2014 12:27pm
Quoting Davit
{quote} Its hard explaining complex trading system in a forum posts.I don't judge.I am open always outside of box thinking. Regards
Effectively, what you do is not a lot different that what my EAs do.

Trigger Dynamics. They gauge the range based on the price movement as in relation to indicator and oscillators or a smoothed chart movement.

The only thing that is different is the range and the triggering logic. Where you work on the D1, mine are typical to the M1.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891,134
  • Apr 18, 2014 12:27pm Apr 18, 2014 12:27pm
Quoting Magix
{quote} Really? This is what you've got? Rather than actually try and back up your claims or disprove mine, you go to the crowds for support and follow up with emoticons? Again, this doesn't make you look smart...just backs up my statement in that you cannot provide any relevant information, because you do not know your ass from a hole in the ground. Way to go, Champ! If you ever come up with something that resembles a coherent thought or counter claim, let me know...
No I do not seek support from folks here. Just wanted to point out the danger of martingale strategies.

There is a good trader on FF who just got his big gain (like 3X gain made in a year on a 100k demo account) got wiped out in a week, by basically doing martingale, a while ago.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #891,135
  • Apr 18, 2014 12:32pm Apr 18, 2014 12:32pm
Quoting ffleo
{quote} No I do not seek support from folks here. Just wanted to point out the danger of martingale strategies. There is a good trader on FF who just got his big gain (like 3X gain made in a year on a 100k demo account) got wiped out in a week, by basically doing martingale, a while ago.
So, you have no relevant information.

Gotcha.

Lemme know when you have something.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891,136
  • Apr 18, 2014 12:35pm Apr 18, 2014 12:35pm
Quoting Magix
{quote} So, you have no relevant information. Gotcha. Lemme know when you have something.
I just wanted to point out that martingale at 1.5X like what you do is dangerous, if you have no limit to your position size and loss. If you do have a limit, that is another story. It is also very important how you manage your position on retarcement, what you do at BE point, what you do afterwards.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #891,137
  • Edited 12:47pm Apr 18, 2014 12:36pm | Edited 12:47pm
Quoting ffleo
{quote} No I do not seek support from folks here. Just wanted to point out the danger of martingale strategies. There is a good trader on FF who just got his big gain (like 3X gain made in a year on a 100k demo account) got wiped out in a week, by basically doing martingale, a while ago.
I think everyone knows that martingale does not work mathematically.We are not idiots.Magix I am sure has precedences to deal with
"when to pull the plug"
I am certain he does.

I am an artist and I keep up in Art world
David Choe also artist went to Vegas and successfully martingaled at Black Jack made millions
Documanted.The guy is hilarious orders 50 prostitutes same time...
Inserted Video

The guy is wild and courageous .Hitchhiked all over the world getting jailed beat up etc.Watch some of his movies very entertaining.
In trading, you have to be defensive and aggressive at the same time
  • #891,138
  • Apr 18, 2014 12:39pm Apr 18, 2014 12:39pm
As long as you have predefined max-risk anything can work
Don’t ever let someone tell you that you can’t do something.
  • #891,139
  • Apr 18, 2014 12:39pm Apr 18, 2014 12:39pm
Quoting JimmyC
speaking of dogs and holes {image}
A good trader follows his rules, but great trader knows when to break them
  • #891,140
  • Apr 18, 2014 12:41pm Apr 18, 2014 12:41pm
Quoting ffleo
{quote} I just wanted to point out that martingale at 1.5X like what you do is dangerous, if you have no limit to your position size and loss. If you do have a limit, that is another story. It is also very important how you manage your position on retarcement, what you do at BE point, what you do afterwards.
It is your assumption based on not reading a single thing that I wrote that leaves you talking the same stupidity.

TRIGGER DYNAMICS.

READ!!!

You assume that all positions that get added are added under the idea that it is shooting for absolute profit, when in actuality, it is only buying until time to sell and selling until time to buy.

Not all positions end up net winners.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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