Hello Fellowers,
thanks remon for bringing it up. I am a pro martingaler (since two years ago). It is very easy to test how long your EA will last, which draw down it can stand and what profit per year on initial balance you REALLY can gain.
I will calculate later every detail, so you can see if it is worth to try this grid/martingale trading approach.
What I can tell you right away: The key is to get a higher probability to double your account before getting busted. That's all. I have a martingale system which works it has an RR of 3:1 on EUR/USD per Year on average BUT: If you get busted only one time you lose one complette RR (so one lost it is 2:1, never happened for years).
Again, the key is to gain profits faster than to get busted.
Every EA you test is completely worthless without knowing the key factor of total bust per year/per month/per week/per day if you test it. No matter what results you get (e.g. +100% in 5 Days is worthless if your bust rate is higher than 100% in 5 Days).
At the end, the crucial factor is always the Return on Capital. I can tell you that the barriers are very high due to the bust probability. Don't expect more gain than 30% per year by risking 10% per year. These figures are very good on an optimized, realistic martingale approach (grid could be slightly different).
There are better ways to earn money on stock market / forex market. But again, I will go in more detail later.
thanks remon for bringing it up. I am a pro martingaler (since two years ago). It is very easy to test how long your EA will last, which draw down it can stand and what profit per year on initial balance you REALLY can gain.
I will calculate later every detail, so you can see if it is worth to try this grid/martingale trading approach.
What I can tell you right away: The key is to get a higher probability to double your account before getting busted. That's all. I have a martingale system which works it has an RR of 3:1 on EUR/USD per Year on average BUT: If you get busted only one time you lose one complette RR (so one lost it is 2:1, never happened for years).
Again, the key is to gain profits faster than to get busted.
Every EA you test is completely worthless without knowing the key factor of total bust per year/per month/per week/per day if you test it. No matter what results you get (e.g. +100% in 5 Days is worthless if your bust rate is higher than 100% in 5 Days).
At the end, the crucial factor is always the Return on Capital. I can tell you that the barriers are very high due to the bust probability. Don't expect more gain than 30% per year by risking 10% per year. These figures are very good on an optimized, realistic martingale approach (grid could be slightly different).
There are better ways to earn money on stock market / forex market. But again, I will go in more detail later.
