As the lights go by so too do the shadows move
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Disliked{quote} Matt, I was reading when risk goes 1, 2, 4 as the 3 sequence, then the zero is the reset. If risk goes 1,2,4,8 isn't that 4 levels instead of 3?Ignored
DislikedThe excel that PipMeUp has posted is indeed a reverse martingale system and is different from what Matts Micro has posted. The main difference is that when there is a loss, reverse martingale will have you start back at the original risk while Matts Micro will have you back at your last risk. Back when Rags2Riches was 1st active with his thread, i tested this exact same money management. When compared to a win 2 lose 1 50% win rate compounding system i found that this system did perform slightly better. But of course, the trade off is larger draw...Ignored
Disliked{quote} Err, I think you have jumped the gun, this is not a trading strategy, it is just one part, the Money Management part, if you do not have sound price analysis you will still end up -ive. But yes you can use it for whatever type of trading you desire.Ignored
DislikedI found another error in my formula and this hurt a little. When I am withdrawing profits from the Trading account after a successful +3 net trades I leave 10% of the current Level in the account. In the old formula I was withdrawing the full 80%. I have now reduced that to 70%. This is a 10% hit which hurts. The system still out performs most of the time but it also increases the chances of bottoming out. The system can also be used for a normal 1% risk. In this case, in the P/L column the formula needs to adjusted to 1% (risk) and 14% (reward...Ignored
Disliked{quote} Hey Matt Question about some stuff in the excel. P/L and Net Win columns. Consider that as you trade, your account sometimes doubles. If you lost the trade with $20 in the trading account (0 wins), shouldn't your loss be $10 (5% of level) @ 2:1 Reward Risk? Currently it's $6 (3% of level) which is equivalent to 3.33:1 Reward risk. Principle Account, Trading Account, and P/L columns. When you get the net 3 wins, you show a P/L of 42% of the Level ($84 @ Level 200), and trading account value of $160. On the very next line the Principle Account...Ignored
Disliked{quote} Hey Matt Question about some stuff in the excel. P/L and Net Win columns. Consider that as you trade, your account sometimes doubles. If you lost the trade with $20 in the trading account (0 wins), shouldn't your loss be $10 (5% of level) @ 2:1 Reward Risk? Currently it's $6 (3% of level) which is equivalent to 3.33:1 Reward risk. Principle Account, Trading Account, and P/L columns. When you get the net 3 wins, you show a P/L of 42% of the Level ($84 @ Level 200), and trading account value of $160. On the very next line the Principle Account...Ignored
Disliked{quote} Hey Lookin, Here are the adjustments on the Trading Account column, which was the prob I think you were pointing at (missed the % adjustment originally). Now the Trading Acc. will build to the +3 wins and the P/L will manage the withdraw/deposit (minus the deposit for Trading Account to continuing trading). If you see any other glitches pls let me know. If anyone has questions pls ask. Cheers, Matt. Ps Lookin, I changed the Risk to 1% so it is a fair comparison (but risk can be changed to what ever you want). {file}Ignored
Disliked{quote}Assuming there are no other errors in calculation, it definitely shows that 3t mm will out perform standard mm over timeIgnored
Disliked{quote} To compare the two systems is hard, maybe even impossible. But i guess the minimum we have to do is accept the same max risk in both systems. That means the same max % drawdown and the same max position size. If we do that i am not sure that the 3t mm is the best performing...Ignored
DislikedHi! Thanks for the R2R MM implementation here. I was looking it closer and found this is a simple reversal Martingale with sequence 5%, 10%, 15% risk. If you have 1000 USD on account, then you can take 30% profit with 12pip and 2,5 lot(EURUSD). SL is 6 pips (it can be a hedge pending order). If you trade in this way, you have enough margin to catch smaller movements (going to take 100 pips has more risk). With regards, SP.Ignored
Disliked{quote} To quote Good Lookin in this post http://www.forexfactory.com/showthread.php?p=8492405#post8492405 "The main difference is that when there is a loss, reverse martingale will have you start back at the original risk while Matts Micro will have you back at your last risk."Ignored
Disliked{quote}I used to trade a system with tighter stops but have gone back to the larger trades (for this system) for more consistency. I generally use from 25-50 pip SL's (50-100 TP) depending on the market / conditions I am trading in. My 500:1 leverage helps with this. If I have time over the weekend I will study the Reverse Martingale fully. Cheers, Matt.Ignored
Disliked{quote} Yes you are right, reverse martingale moves back to the first bet after lose. I think it is ok, because roulette or blackjack player is depending of house edge, in forex we can take the edge under own control.If you have series wins in casino, then there is possible to come out series of loses next, in that reason reversal martingale goes back to the first bet after lose. http://www.casinoreviewsquad.com/bet...etting-system/ http://www.onlineblackjackformoney.o...etting-system/...Ignored
DislikedIf anyone has a theory for the "RAND" operation of the spreadsheet pls let me know, Thanks, Matt.Ignored
Disliked{quote} I don't understand. If the exact same trades are taken on the 1% setting I don't know how the comparison can be impossible?Ignored