Page 3 of 505 FirstFirst 12345 LastLast
Results 21 to 30 of 41

Thread: Did Martingale work for someone?

  1. #21
    Quote Originally Posted by ;
    Martingale must do with doubling the bet size after every loss, not creating a grid. Both are mutually exclusive. quote
    hit the nail on the head

  2. #22
    I believe martingale went bankrupt.

  3. #23
    Martingale works whatever guys there said.

    To nail down, not the egy construct entirely on martingale but that contains its own elements. I completed dozens of experiments particularly with clear market motions (in news times). There is a customized news straddle egy (plain version worked great in '07-08) with doubling stakes, which involves tight SL and limit orders (I am sure old timers there know that things). Along with the less is distance the better it functions. Made that work at Tickmill with 0 pip SL distance, nevertheless want to test it with other brokers too.

  4. #24
    Quote Originally Posted by ;
    Martingale functions whatever guys there said. To nail down, not the egy build entirely on martingale but that contains its elements. I completed dozens of experiments particularly with apparent market movements (in news instances). There is a customized news straddle egy (plain version worked good in '07-08) with decreasing stakes, which involves tight SL and limit orders (I'm certain old timers there understand that stuff). Along with the less is space the better it functions. Made that work at Tickmill with 0 pip SL space, nevertheless wish to test it along with other...
    I believe for your martingale egy to work efficiently, the trader must have a decent win-rate (assuming same risk-same return on all trades). This means that however many collapses you apply, in case your win-rate is less then say 50%, you're forever bound to shed. As an example, if you record one win in ten, this means you recoup all your initial losses, but you'd be taking another twist of reduction making trades taking you further to the negative side of the account balance. The other choice is to adjust the egy that you simply double your trades until you record a win, after that you start again. But again I guess that it might be impossible to grow the value of the account this way.

  5. #25
    I'm constantly amazed when I hear about Martingale employed to trading.
    Martingale works great if the participant knows beforehand how much he'll benefit from the right bet and how much he'll lose if the wager is wrong. By way of example, if a player bets on red and red dropped outside, his rate will double check. And when black or zero fell out, the participant will lose exactly the amount that he has put.
    And at Forex nor loss nor gain not known beforehand since they are contingent on the amount of pips that the price will soon pass from opening to closing the order.
    I do not see how Martingale can be used at Forex.

  6. #26
    Never as Much as I've Discovered.

  7. #27
    Tried Martingale in my trading days - it doesn't work in the long term.

    Best egy in my experience of 5 years trading:

    1. Utilize no indiors, they are all lagging
    2. Input until the crowd does OR enter following the crowd entered in the other way
    3. Use previous day's low and high, major s/r zones and supply/demand for possible turning points
    4. Use fixed risk (e.g. 2 percent)
    5.) Get out and in the market fast in a couple of moments (scalping)
    6. Replie and develop your account by simply compounding

    In my most recent live account I only trade (scalp) that the Dow Jones Index - 7 trading days, 156.3 percent yield.

  8. #28
    Forget about it, martingale does not operate out of a pure mathematical perspective.

  9. #29
    Quote Originally Posted by ;
    Forget it, martingale doesn't operate from a pure mathematical perspective.
    You forgot to add in a random environment

  10. #30
    Quote Originally Posted by ;
    quote you forgot to add in a random environment
    some people just wish to relax and enjoying the sunset while in shore. Others just playing around with all the sand, but there's still many people who really like to challenging their own limit by riding the tidal wave prior to have a drink at shore. Martingale are one of those tidal, and it has never ending discussion either it is good or bad to using such method.

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