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  • #891,141
  • Apr 18, 2014 12:42pm Apr 18, 2014 12:42pm
Quoting Davit
{quote} 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 20 prostitutes same time... http://www.youtube.com/watch?v=mWrQyovvvZs
20 prostitutes? probably just for a bear party.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #891,142
  • Apr 18, 2014 12:46pm Apr 18, 2014 12:46pm
Quoting JimmyC
speaking of dogs and holes {image}
Ghost Rider - WWTBMD?
  • #891,143
  • Apr 18, 2014 12:51pm Apr 18, 2014 12:51pm
Quoting ffleo
{quote} Then it is not martingale at all. You reduced position size and take a loss before you add position again. it is not martingale at all. why you call yourself martingale authority if you do not do the strict martingale way?
It is a martingale.

It adds positions based on trigger logic, not a STATIC guess.

This one in particular increases the size of the position based on a TIME delay with a Trigger BACK. The size is incrementally based. It starts at .04 and adds this size to each subsequent trade and will exit on a counter signal, whether it is net profit or loss.

The rules you speak of, are your own limited understanding of markets, movements, trading and a Martingale system.

That's why I continue to say and you continue to prove, that you do not know your ass from a hole in the ground.

Have we finally cleared this up in a way that you can understand?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891,144
  • Apr 18, 2014 12:57pm Apr 18, 2014 12:57pm
Quoting Magix
{quote} It is a martingale. It adds positions based on trigger logic, not a STATIC guess. This one in particular increases the size of the position based on a TIME delay with a Trigger BACK. The size is incrementally based. It starts at .04 and adds this size to each subsequent trade and will exit on a counter signal, whether it is net profit or loss. The rules you speak of, are your own limited understanding of markets, movements, trading and a Martingale system. That's why I continue to say and you continue to prove, that you do not know...
That is linear adding. But in one of your posts you said 1.5X martingale, which is exponential adding. can you be consistent? exponential adding has hell alot more risk than linear adding.

also would you mind not using slur language?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #891,145
  • Apr 18, 2014 1:06pm Apr 18, 2014 1:06pm
Quoting KillerWhale
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!
Yes, I believe in the right markets starting at a reasonable price you can continue to add as long as you start small enough.
There are commodity markets that I trade this way with no SL & I'll continue to add no matter how low it goes. I only go long though as I only want an instrument that won't go to zero as I know the producers will stop production at a certain price. It helps to have some fundamental knowledge about the markets your trading so you have a reasonable area you feel is a bottom. I buy planning on holding forever until I reach a profit. Playing 2 markets like this right now.
  • #891,146
  • Apr 18, 2014 1:07pm Apr 18, 2014 1:07pm
gotta go. have a good Friday and weekend folks.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #891,147
  • Apr 18, 2014 1:07pm Apr 18, 2014 1:07pm
Quoting ffleo
{quote} That is linear adding. But in one of your posts you said 1.5X martingale, which is exponential adding. can you be consistent? exponential adding has hell alot more risk than linear adding. also would you mind not using slur language?
Really?

And you question my math? Did you even take 2 second to figure this out or are you just posting for the sake of posting? Here again, you come out looking the fool....

Multiplied by 1.5
First Lot = 4
Second 4x1.5=6
Third 6x1.5=8
Fourth 8x1.5=12
Fifth 12x1.5=18
Total after 6 trades = 48

Added on Increment
First Lot =4
Second 4+4=8
Third 8+4=12
Fourth 12+4=16
Fifth 16+4=20
Total after 6 trades = 60

What slur? You don't know your ass from a hole in the ground? That's not a slur it is a fact and this is just more proof...would you prefer ass from elbow?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891,148
  • Apr 18, 2014 1:08pm Apr 18, 2014 1:08pm
Quoting Vachus
{quote} 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
WSJ Wall Street Journal
You got a link Vachus?I can't find the article
thanks
In trading, you have to be defensive and aggressive at the same time
  • #891,149
  • Apr 18, 2014 1:14pm Apr 18, 2014 1:14pm
Quoting srt
{quote} Yes, I believe in the right markets starting at a reasonable price you can continue to add as long as you start small enough. There are commodity markets that I trade this way with no SL & I'll continue to add no matter how low it goes. I only go long though as I only want an instrument that won't go to zero as I know the producers will stop production at a certain price. It helps to have some fundamental knowledge about the markets your trading so you have a reasonable area you feel is a bottom. I buy planning on holding forever until I...
You can buy U/CHF and keep buying at these levels 88-87 hold for 90-92
Its at good price.I am certain Swiss bank will intervene if it plunges too much.I am anticipating Euro collapse by EZ elections next month
My strategy is to milk it at max profit from this highs.
In trading, you have to be defensive and aggressive at the same time
  • #891,150
  • Edited 1:34pm Apr 18, 2014 1:18pm | Edited 1:34pm
Quoting Davit
{quote} You can buy U/CHF and keep buying at these levels 88-87 hold for 90-92 Its at good price.I am certain Swiss bank will intervene if it plunges too much.
Since Sept. 2011 the swissy has been pegged to the euro so you'd be willing to keep shorting the EU at these levels?
I only use this method in a market where I have a really good feeling about the bottom. Forex isn't that predictable for me.

If I'm a farmer & my costs to produce a crop are $8/bushel I'll continue to grow the crop as long as there's a profit. If prices drop below my costs to grow the crop I'll change to a different crop before I continue to grow a crop for a loss. Reduces supply & brings the market back up. This is much easier for me to figure out than depending upon politicians & government officials doing the logical thing regarding the countries currency. Maybe just easier for me since I grew up on a farm :-)


"I am certain Swiss bank will intervene if it plunges too much."
I'm much more certain my brother will stop growing corn & beans if he knows he'll be selling his crop for a loss.
  • #891,151
  • Apr 18, 2014 1:26pm Apr 18, 2014 1:26pm
Quoting srt
{quote} Since Sept. 2011 the swissy has been pegged to the euro so you'd be willing to keep shorting the EU at these levels? I only use this method in a market where I have a really good feeling about the top/bottom. Forex isn't that predictable for me.
You do what you feel comfortable.It was just an idea.At present fundemetals Euro at 1.40 would bring down EZ to its knees with 1% inflation and 20 million unemployed.
Draghi already warned he will take action to weaken Euro strength.ECB does not want high Euro when economy is not growing and with little inflation.
In trading, you have to be defensive and aggressive at the same time
  • #891,152
  • Apr 18, 2014 1:28pm Apr 18, 2014 1:28pm
Quoting Magix
{quote} Really? And you question my math? Did you even take 2 second to figure this out or are you just posting for the sake of posting? Here again, you come out looking the fool.... Multiplied by 1.5 First Lot = 4 Second 4x1.5=6 Third 6x1.5=8 Fourth 8x1.5=12 Fifth 12x1.5=18 Total after 6 trades = 48 Added on Increment First Lot =4 Second 4+4=8 Third 8+4=12 Fourth 12+4=16 Fifth 16+4=20 Total after 6 trades = 60 What slur? You don't know your ass from a hole in the ground? That's not a slur it is a fact and this is just more proof...would you prefer...
Multiplied by 1.5

First Lot = 4
Second 4x1.5=6
Third 6x1.5=8
Fourth 8x1.5=12
Fifth 12x1.5=18
27
40.5
60.75
91.125
136.6875
Total after 10 trades = 404.0625

Added on Increment

First Lot =4
Second 4+4=8
Third 8+4=12
Fourth 12+4=16
Fifth 16+4=20
24
28
32
36
40
Total after 10 trades = 220
f(z)=z2+c
  • #891,153
  • Apr 18, 2014 1:29pm Apr 18, 2014 1:29pm
Quoting ffleo
{quote} I wanted to go but this shit keeps posting crap. You are not doing incremental adding, idiot. You are doing martingale plus incremental adding. Such a moron even do not realize his own stupidity and keeps arguing. You stink. I will keep 100 miles from you. No reply to your posts any more. It is a waste of time to reply to you lowly intelligent fella.
lol

Incremental adding, is adding the same number to the previous trade.

Martingale multiplier is increasing the previous lot by the size of the multiple.

These are both Martingale systems as they add to the previous position and increase the size of the net exposure to market.

So, how do you make that sammich again?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891,154
  • Apr 18, 2014 1:32pm Apr 18, 2014 1:32pm
Quoting hathor
{quote} Multiplied by 1.5 First Lot = 4 Second 4x1.5=6 Third 6x1.5=8 Fourth 8x1.5=12 Fifth 12x1.5=18 27 40.5 60.75 91.125 136.6875 Total after 10 trades = 404.0625 Added on Increment First Lot =4 Second 4+4=8 Third 8+4=12 Fourth 12+4=16 Fifth 16+4=20 24 28 32 36 40 Total after 10 trades = 220
2 things...

1. You are under the assumption that these will go past level 5 and that they are not restricted from going past level 5.
2. , I know, but do you think ffleabag could come up with this?


lol
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891,155
  • Apr 18, 2014 1:35pm Apr 18, 2014 1:35pm
Quoting hathor
{quote} Multiplied by 1.5 First Lot = 4 Second 4x1.5=6 Third 6x1.5=8 Fourth 8x1.5=12 Fifth 12x1.5=18 27 40.5 60.75 91.125 136.6875 Total after 10 trades = 404.0625 Added on Increment First Lot =4 Second 4+4=8 Third 8+4=12 Fourth 12+4=16 Fifth 16+4=20 24 28 32 36 40 Total after 10 trades = 220
he is adding 1.5x in first case, that is martingale 2.5X for next total position size.
In his second case, he add 4 to the doubled position size, that is martingale 2X plus 4.
He got all his math messed up. And he still claim math is irrelevant in martingale strategies.
I wanted to point out the risk to his way of trading, but he has no appreciation, instead posting insult replies.
I will keep 100 miles from him. He stinks.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #891,156
  • Apr 18, 2014 1:42pm Apr 18, 2014 1:42pm
Quoting Davit
{quote} You do what you feel comfortable.It was just an idea.At present fundemetals Euro at 1.40 would bring down EZ to its knees with 1% inflation and 20 million unemployed. Draghi already warned he will take action to weaken Euro strength.ECB does not want high Euro when economy is not growing and with little inflation.
Yes, I can tell you're much more knowledgeable in the currency markets than I am so not my comfort zone. I'll stick to SL rules where I'm not very well informed. I'm bearish the US$ long-term so it's a question of which currency wins the battle to be weak & how long it takes. Can you remain solvent if the markets behave irrationally for an extended period of time?

Sometimes even "mother nature" helps reduce supply :-)
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  • #891,157
  • Apr 18, 2014 1:52pm Apr 18, 2014 1:52pm
Quoting Davit
{quote} WSJ Wall Street Journal You got a link Vachus?I can't find the article thanks
Yeap,

http://blogs.wsj.com/moneybeat/2014/...-we-there-yet/
"It's the Margin, Stupid."
  • #891,158
  • Apr 18, 2014 2:02pm Apr 18, 2014 2:02pm
Todays action really sucked
  • #891,159
  • Apr 18, 2014 2:07pm Apr 18, 2014 2:07pm
Quoting ffleo
{quote} he is adding 1.5x in first case, that is martingale 2.5X for next total position size. In his second case, he add 4 to the doubled position size, that is martingale 2X plus 4. He got all his math messed up. And he still claim math is irrelevant in martingale strategies. I wanted to point out the risk to his way of trading, but he has no appreciation, instead posting insult replies. I will keep 100 miles from him. He stinks.

Because you are dead wrong.

1.5x any number, is 1.5x any number, not 2.5.

4x1.5=6, not 8...

Because you are adding this as your trade size, it changes the NET of the first and second trades to 10.

Adding on increment, is incrementally increasing the size of the position based on the size of the increment. Because in this case, the increment was the same size as the initial lot, it goes up in that same increment.

If I added a 1 increment to a 5 start, each position would only increase by 1 from 5. So the total of the first 2 levels would be 11.
5
5+1
Total =11

You are still exposing yourself as a fool. I can not only show you the trade results based on this, can show them in their success. But you continue to argue, and continue to make yourself out to be, said fool.

Why?

You've already shown yourself to know very little about what you are speaking. With each subsequent post, you are effectively Martingaling your Stupidity...from here, there is no going back to square, you are seemingly getting stupider, until what?

Your head explodes...

Fuck!

That'd be AWESOME!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #891,160
  • Apr 18, 2014 2:09pm Apr 18, 2014 2:09pm
Quoting Magix
{quote} 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. {image}

Magix, your systems rock. I'm starting to make consistent profits with a low risk approach.

Don't listen to people who won't (or don't want to) understand. "Haters gonna hate"

Cheers

Diego
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