Page 3 of 505 FirstFirst 12345 LastLast
Results 41 to 60 of 92

Thread: Did martingale work for someone?

  1. #41
    I performed martingale straight back in the noobies times.

    Yes I've blow once straight-out utilizing martingale on stay account dropped 2,000$


    But I'll say it is truly one of many top MILLIMETER method to defeat the market. The single difficulty here like reference was the dearth of capital to help keep doubling.


    Therefore there's been LOT OF variation of half martingale... : like 1,1,2,2,4,8,16,32 Or 1,1,2,3,4,8,16,32 only to title a few.

    If truly perform little leverage and space price le Vel in between like say 100 pip..afterward it is like you may not ever must double over 6 6 time..

    Nevertheless as a result you lose immediate gratification of huge increase on your own 1st 2-3 trade

    To summarize: if you martingale each...20 pip you get mo Re cash but the likelihood of departure trade is large.... The likelihood of departure trade is practically never planning to occur but the waiting period will ruin your mind set, in the event you martingale each 100 pip.

    Therefore what is it possible to do about it.... folks regularly use the phrase scale in your order or stack-on to a dropping place like 1,1,1,1,1,2,2,2,2,3,3,3,3
    etc... because that way it is safer.

  2. #42
    Quote Originally Posted by manusland
    I performed martingale again in the noobies times. Yes I've blow once straight-out utilizing martingale on stay account misplaced 2,000$ But I'll say it is truly one of many top MM method to defeat on the market. The single difficulty here like reference was the dearth of capital to help keep doubling. So there's been LOT OF variation of half martingale... : like 1,1,2,2,4,8,16,32 Or 1,1,2,3,4,8,16,32 only to title a few. If truly perform little leverage and space price le Vel in between like say 100 pip..afterward it is like you may not ever must double mo Re than...
    You got me vexed. You definitely reveal some comprehending of Martingale does not work properly. You dropped funds utilizing it. Still, you assert that it is of the MILLIMETER that is very best to win against the market!!? As if M M could really ever supply any advantage. As if it will be wise for almost any of us to believe the market can be beaten by him.

  3. #43
    Just about every other way of trading now is easier than martingale.

  4. #44
    Quote Originally Posted by NemeT
    I strove Martingale several occasions utilizing distinct helping tools. Consistently had outcome that is pitiful. I'm certain that many people trade learned that some folks are joyful and Martingale. However , I consider until particular stage. If to shut particular losses, perhaps it might work. But in general I'm pessimistic.
    martiangle is a fortunate tools.

    sam e point that you just place your hard earned money on perform rollet ..


  5. #45
    People with the capacity of triumphing, would be the individuals who practically forthwith discount martingale imo. In the event you recognise it as the catshit it's subsequently kick some grime over it and move on - there are a lot of and another half-brained theories and mathematical fallacies out there just waiting to trap you, and in the event you are adhered debating this notion you might be most likely going to devote your complete job mired in these. Only my humble view.

  6. #46
    Quote Originally Posted by javillonch
    quote martiangle is a fortunate tools. same factor that you simply place your hard earned money on perform rollet ..
    Absolutely agree with you here. Martingale depending on pure chance.....

  7. #47
    I use efficiently a unique sort of Martingale strategy predicated on a complex mathematics formula (to compute the following lot dimensions) that would not lose on markets that would a T least re-trace a couple of pips. A E A has been written by me based on this particular strategy.

  8. #48
    Yes, martingale functions for me also. When you yourself possess a great system to determined trend, it operates in forex. And able enough when the price transfer, to handle the trades againts your trend that is establish.

    For martingale, I discovered that swan day may be prevented should you use previous daily large and preceding daily reduced in to your EA.
    Simply activate the first sign when the large or reduced is reach. Afterward only entry created according to the price and breakout action in the course of the trend.
    Utilizing 0.1,0.1,0.2,0.4,0.6 and 1.2 .... strive appearance at ur chart. USDJPY is being used by me.

    But I'm not utilizing the martingale because I'm using still another better E A of my own for a much better profit and risk management.

  9. #49
    all i can declare is, I give up using this procedure. in the long term, the draw down are chilling. Been years produce E A strive many exit strategies, martingle grid sequence. With foreign exchange trading trading the most crucial matter how protected your expense it had a directly profit curve, but away course, specially when you employed on big-bucks. Marty fan still do exist, largely swarming the internet with effect that is favorable but a T micro, nano occasion cent account. Supply me a link actual martingle efficiency with over 100k account, I'll re-consider to utilize this system, possibly.

  10. #50
    No registrado
    Guest
    Generally, with pure martingale you risk 100% of everything you've, it is statistical reality. There constantly could function as the trend long enough to whipe your account.
    Only opportunity with martingale is when you've rally deeply pocked (nicely, the market h-AS deeper) or you've fairly deep pockets and starto from extremely little contract dimensions like 0.01 lots and then you're averaging it significantly ofted to get your BE nearer to the market price. Yet, in any circumstance you need to prepare to simply take stop loss or loose every-thing you've on your account and be discontinued out by your broker...

  11. #51
    Martingale is a fantastic tool for margin call. Your profits is going to be smaller, although you'll be able to risk less/deposit mo Re cash. Like some body mentioned rearlier, you constantly risk 100%/, of your account, therefore before you make 100% profit utilizing grid/martingale you always have the option to lose general. Suppose that the trends come and you'll reach on MC few instances? Where folks purchased martingale E A for couple hundreds, there was a discourse on different forum, it labored few months like 40-50% profit with some thing. Afterward the trends were straight back onto the market, and all traders was wiped from your amount of money in 1-2days (the largest lose was around 50k 2500 - affirmed by Myfxbook).
    In Case you wanna earn money, decide to try different things. Inverse martingale. When you include to place simply from your profits (open orders in profit), then you definitely can declare your broker is utilizing martingale, therefore you got reverse trades to them, martingale constantly lose, which means you'll generate income. Hovewer its maybe not that simple as couple years back, ADR has lost and we have to wait for mo Re trending markets.

  12. #52
    You've got a purpose there Hannover...what I wrote there was from my standpoint and how I'd utilise it if I were to use it...

    I consider there were quite a number of institutional traders who employed the Martingale system-in the past..most of them, did not do properly at the ending

  13. #53
    Compounding is the new martingale...

  14. #54
    1 Attachment(s)
    Quote Originally Posted by NemeT
    I strove Martingale several occasions using distinct helping tools. Consistently had outcome that is pitiful. I'm certain that many people trade observed that some individuals are joyful and Martingale. However , I consider until particular stage. If to shut particular losses, perhaps it might work. But in basic I'm pessimistic.
    From what I Have read on this particular forum through the years, I Have attained the final outcome that not many individuals comprehend Martingale. When you win this is a staking program that doubles your wager/location size quite time reverts straight back to the first bet, and you drop.

    With martingale, the doubling generates a 'restoration' mechanism that'll consistently bring the account again to break even 1 device. Quite simply, any specialized strategy which is used is overridden by this MILLIMETER. Therefore all martingale methods are efficiently created equal, and all will consistently win.

    Yet, there's one critical defect in martingale. When the doubling to spiral out of handle is caused by a sequence of trades, to the stage there are inadequate funds in the account to create another double it happens. At this time, even if a margin call has not happened, the number of draw down is irretrievable. I have observed this sequence known as the departure trade.

    In other phrases, all martingale techniques are ensured to win, till they abruptly and surprisingly cause absolute downfall.

    It Is useless to backtest martingale-centered strategies, since the statistical error in wanting to compute how soon an incredibly improbable event (the departure trade) is more likely to happen is massively great, invalidating any functionality results. Some martingales may display a-5 yr, or even 10-year, background with no departure trade, however that is mathematically meaningless.


    There have now been many suggestions to mitigate the aftereffects of martingale:

    1. Rather than doubling, use a less serious staking progression (e.g. 1,1,2,3,5,8, .... rather of 1,2,4,8,16,32, ....). But this means that it's going to now require more than 1 triumph to reunite the account to break even, thus the restoration rate is crippled by it.

    2. Place a limit on the amount of doubles, i.e. revert straight back to TO AT LEAST ONE device after just a few losses. Example: after 5 losses, we've lost 1 2 4 8 16 = 31x the initial stake. Now, if we revert to 1 device wagers/postures, it'll require 31 successive wins to at one for the 5 losses. Whereas, with 1 mo Re double, it'll require just one triumph. Put simply, a worse way of the restoration rate.

    3. Begin with a stake that is small / a massive account along with location size. Sure, this permits more doubles before wreck happens, but it can not totally remove the risk of ruin, and it minimizes any yield in like percentage. To clarify having an case that is extraordinary, there is perhaps not much stage in producing a couple of cents a day on a multi-million dollar account.

    4. Get funds from your account following the harmony h AS (for illustration) double-D, meaning that individuals are playing with winnings exclusively. There are a T least 3 defects with this particular strategy:
    a) The departure trade could readily happen before we possess the chance to take our funds.
    b) Assuming our first stake size is founded on some fraction of the amount of money held in the account, then we decrease future yields by getting cash.
    c) Getting cash reduces the amount of doubles the account can defy, i.e. raises the potential risk of wreck. (In other phrases, the reverse notion to that carried in stage 3).


    Martingale is betting, maybe not trading. Money will be made by him with no must utilize martingale, or really any M-M method that artificially props up his account stability, but is fundamentally un-sustainable if your trader has an authentic advantage. All any type of M M can actually do, alone, is only redistribute triumphs and losses (the connected XLS may be used to establish this declaration). The single exception for this rule is the fact that total winnings will be, increased by raising stake/location size in scenarios when chances are somewhat favorable. But this should additionally be considered up against any elevated risk of damage.

    One argument I Have discovered is that martingale is no more more threatening than level (consistent) gambling/sizing, because with no edge the trader will drop anyhow. That is accurate, but when I risk (say) 1% per trade, I will consistently left boat, and reassess the specific situation, if/when a specific drawdown is accomplished, together with nearly all my capital complete. Ruin comes rapidly and without warning, permitting no such chance, whereas if one doubles without limitation.

    There isn't anything wrong with using forex as an automobile for betting. However, I consider that it is significant the 'trader' is totally conscious of the dangers, along with the possible benefits, that are entailed, and makes an educated choice.

    David
    https://forexintuitive.com/attachmen...1496011698.xls

  15. #55
    Martingale, stops all the small-scale SL hits right before it turns which expense you.

    Martingale or taking SL successes, both appears to simply take out an account in the exact same typical quantity of time.


    Martingale is in theory, excellent in slow choppy market states, if GU was heading sidewise for ever it might function as the greatest but a 1000pip shift with no let-up ='s death!!


    I merely norm down into a restricted level :-


    Short GU 1.5000 SL 1.5060 0.1 Lots
    Short GU 1.5020 SL 1.5060 0.2 Lots
    Short GU 1.5040 SL 1.5060 0.3 Lots

    all-out a-T -60, total-loss -200 MAX ( perhaps not enabling a difference )

    Typical price boosts to 1.5026


    An proceed to to 1.4950 afterward gets me :-

    50 ( only 1st order in )
    140 ( 2nd order in )
    410 ( all 3 orders in )

    The dangers on the 3 orders are -60, -80, -60 Less risk mo-Re slam possible.


    That Is the edge of standard averaging down.


    Who Is really got any account even micro huge enough to totally Martingale on ??

  16. #56
    Quote Originally Posted by Helmut22
    3. There will often be fascinations of profitable trades and shedding trades, martingale can not live in a streak.
    Ahhhh the principal dilemma with trading is, you will cheerfully place your trade -200 pips in to the red in the hope it will come straight back, but you will never maintain to 200, 10 and yes profit!

    hands down the the lads I chatted to, had a reverse martingale program :-

    He went long, 1.5000 $1 per pip, afterward at 1.5005 $2 afterward 1.5010 $3 carry on to you a DD $10 or mo Re.

    Principle being, your on trend you get a large move you make tremendous at $55 per pip entirely in, any pull-back after being totally in was of course a killer, but as your currently in profit at that time it permitted him to operate a BE SL ( E A transferred it for him I believe )

    Before news, he had place orders either facet in short!

  17. #57
    Quote Originally Posted by inunezz
    Ahhhh the key dilemma with trading is, you will cheerfully place your trade -200 pips in to the red in the hope it will come straight back, but you will never maintain to 200, 10 and yes profit!

    one of the the lads I chatted to, had a reverse martingale method :-

    He went long, 1.5000 $1 per pip, afterward at 1.5005 $2 afterward 1.5010 $3 carry on to you a DD $10 or mo Re.

    Principle being, your on trend you get a large move you make tremendous at $55 per pip entirely in, any pull-back after being totallyin was of course a killer, but as your previously in profit at the same time it permitted him to to operate a BE...
    Attempted this as well in a research of martingale going over ten years. The problem with studies that are martingale is they create great effects in short phrase, but when you implement this over an extended duration its horrible face surfaces.

    Once mentioned that, one spike in the contrary way not only eliminates all collected porifts of inverse martingale, but in addition ruins one's controlling ability.

    The easiest approach to work with martingale will be to establish borders for equally Ultimate sl and tps. Second, for inverse martingale, increase stake sizes in early stages and perhaps not uniformly i.e. after every split.

  18. #58
    Quote Originally Posted by Helmut22
    Jesse Livermore.

    He was an exceptional trader of martingale trading. He did equally Inverse and Martingale Martingale. Millions on created and martingale millions from Revese Martingale. But he'd a unique manner of implementing inverse martingale. One wonderful thing relating to this technique that is original is the edge of gaining without zillion billion dollars from inverse martingale. The single demand are 1. Waiting till it breaks 2, and a good support/resistance. balls of metal.

    One can wait, no difficulty with that, but balls of steel come from calculating...
    Turn does seem better, but should you wuss out a-T 3 pips cause it is bloody scarey at $55 per pip then you have got to win 10 instances merely to block out out the 1 loser your simply take.

    Trading is the most difficult thing I Have actually attempted to grasp ( Shares are simple, overcome them but Foreign Exchange hmmmm ), mercifully I am in it for the the process!

    Even Though I'm giving up on day trading and proceeding to swing!

  19. #59
    Quote Originally Posted by inunezz
    Reverse does seem better, but should you wuss out a-T 3 pips cause it is bloody scarey at $55 per pip then you have got to win 10 instances merely to block out out the 1 loser your simply take.

    Trading is the most challenging thing I Have actually attempted to grasp ( Shares are simple, overcome them but Foreign Exchange hmmmm ), mercifully I am in it for the the process!

    Even Though I'm giving up on day trading and proceeding to swing!!
    inunezz, trading is the most challenging, without doubt about it.

    should you be opting for swing, may enjoy to study Reminiscences of a Stock tivitewi. Exceptional results were shown by demonstration, although I'm still in the first stage of swing trading. One excellent barrier confronted in swing trading is in the control of others as well as how you can warrant yields for the time funds stay locked? The solution was found in watch for the appropriate time.

  20. #60
    Alright, I'm straight back and rested

    As to my having fun with use of advancement to different types of games.
    I Will repeat myself but it really is simply because I'm fearful you'll be let down by what I need to say - the function I Have completed is actually fairly fundamental material.
    I began with pure games of possibility because this is the simplest. Because chance distribution is quite straight forward, I decided at roulette and also the game is tremendously easy regardless of the chimera of multiple and sophistication alternatives, which will be established by the array of subject that was distinct on the table.
    I also determined on the simplest gaming fashion #8211; shades/odd-even/lower half-upper half because finally the possibility of winning is usually the sam-e #8211; cancel towards the home by the green zero.
    To the roulette with one zero the opportunity for winning just one move when gambling for example shades is around 48,6% (37/18*100%), which displays you instantly that fat gambling will get you now here.

    Now. Can progress get you anyplace?
    Permit#8217;s see what will be the odds of a run (black, red, and so on, in AROW #8211; consistently counting in 0)
    It#8217;s in tough amounts
    Chain of 10: 1 / 1 000
    String of 20: 1 / 2 500 000

    Thus. If you#8217;d like to earn your living like this, getting let#8217;s say 200 dollars a day, wagering 200 days per year for 40 years, spinning the wheel, let#8217;s say, 10 instances each #8220;session#8221; (day) you#8217; d make 80 000 twists during your lifetime. #8217;d have approximately 97% likelihood of getting through to your own retirement without breaking with capital guaranteeing a streak of 20 you.
    Which might appear rather wonderful, but#8230;
    In order to guarantee the moderate $40 000 annual income, you would need to put, rounding the sum down, a wager of $40 on all of your twists.
    To protect to get a dropping streak of 20 with that wagering sum, you#8217;d desire a richesse of over $20 000-000 from day-one.
    The issue is: would you head to a casino regular to win a fowl $200 if you'd $20 000-000 in your account?
    All above is of course merely an academic demo because casinos cap the amount of cash you are able to bet each time so that you're not able to assembled this complex progression pyramid.
    They want to make certain they#8217;r e the kinds that win every time

    Enough of that though.
    The preceding demo was exclusively for the intent of revealing that advancement doesn't give you an advantage.
    The actual question is: is there a feeling to utilize advancement to some game, by which you curently have an advantage?
    In other phrases: Is advancement in a position to boost my profits (faithfully and relatively) without growing my risk (also significantly)?

    I'll attempt to write about it some mo Re to night (Greenwich Time 1) if my children head to wager politely or tomorrow should they they offer me hell as an alternative
    I need to express in the beginning though that I have not got even shut to any certain decision in this aspect.

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information