Martingale... How to make it WORK for YOU!
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thread: Martingale... How to make it WORK for YOU!

  1. #1

    Martingale... How to make it WORK for YOU!

    I am going to keep it simple and to the stage.


    Trading is SIMPLE....OVER THINKING is HARD!



    To use martingale and make it work for you. . .there is just 3 factors you want to consider....


    1.) Account Funds!

    2.) Maximum Draw Down you are willing to let your account visit.

    3.) Possible entries into a transaction that your will system give in a specific period.


    Utilizing martingale is not mad nor can it be impossible to produce a profit. You don't need billions and millions of dollars to make it function.

    When utilizing martingale using a system. . .you MUST understand how many possible positions you might have in that time frame.

    Once you know that the rest is straightforward MATH! (ADD,SUBTRACT, MULTIPLY,DIVIDE)


    1.) Account Funds = 10,000

    2.) Max Draw Down = 16 percent

    3.) Possible Entries = 12 trades over the H1


    When finding your Trading Capital you need to take your whole account balance and divide it from your Max RISK...

    $10,000 / .16 = 1,600

    So our Trading Capital daily will be $1,600.

    Now that we understand our max RISK for its martingale setup we understand that we will make at least a Xpercent profit on the Trading Capital for the day.

    1, 2, 4, 8, 16....You double up your risk percentage every transaction until that one trade strikes your TP (1:1 )....Which makes your cash (or even more) and provides the percent daily you desired!

    The point of this thread is to understand how to use martingale SMARTLY! And also to use Money Management while doing so....

    As long as you understand how many changes you could have from the trading platform you are using. . .which is SUPER SIMPLE TO KNOW. . .and if you do not yet understand. . .Your need to keep that day job and not serious about trading!

    For one that cannot think about the BIG PICTURE....there are 5 trading days in 1 week. . .and roughly 20 per month....So thats 20 percent per month or 240% per YEAR....ROI! . . .Of course if you compound Daily,Weekly or Monthy instead of Yearly. . .you can make more.... K.I.S.S.....Keep It Simple Stupid!

  2. #2
    as I was saying, when the word is said you will get hords of people denouncing it so that they should.Straight away they place Currency Market in precisely the same basket as flipping a coin. Flipping a coin is random, Currency Market isn't random. In case you have a good strike rate then it should be possible to double up on a loser hence M, banks and institutes do it but the key is for the small guys not to know about it. Or just keep it in precisely the same league as coin flipping.
    Which is why I pointed out the APY on the savings/checking account....etc...

    I included the Money Management and the part about calculating your potential setups for this day to ascertain your starting ....etc....

    Oh btw....Did anybody take notice to the title of this thread....

    Martingale....HOW TO MAKE IT WORK FOR YOU! lol

  3. #3
    Junior Member dokoxke's Avatar
    29
    96353
    I don't have any personal problems with him ....

    1.) This is not a debate....

    2.) He keeps trying to throw that I am trying to buy/sell with no SL....and simply keep adding rankings....that is not the situation...I KNOW FOR A truth! I'll just have 1-5 entries inside that pair for this afternoon...A stop loss IS USED....so SIMPLE MATH! Can be implemented!

    Ever since he keeps throwing gaming stats.... Flipping a coin bull shit...I don't find the demand for his comments....And for a 10 vouched member to not be able to earn at least 1 profitable...
    In my experience so far, vouchers mean nothing to me personally. The majority of them are making #8211; zero profits and then some. It is more of a who believes a like strategy. What means something is how a person can hold his own. I admit Jack has to be put in his place and has opinions. However, I like this, and he does bring up some points. He mentioned gaming...

    Why have a thread if it is not debatable?

  4. #4
    90824[quote=;6118590]
    Why is Jack larkin denied by posting here?

    Hi marijuana, I think he is barred for being overly negative. M is in its self a way that is ridiculous to bet or trade, but like Dredding says he is showing you the way it's possible to exchange M, and agree. Perhaps if JL posted feedback and listened first everything wouold differ, they likely still burn witches at which he is. Take care
    I'm Utilized to the hate when I try and tell people things...I think I said that from the 2nd post lol

  5. #5
    90824you are insane

  6. #6
    Junior Member dokoxke's Avatar
    29
    90824
    you're insane
    lol

  7. #7
    90824
    From my experience so far vouchers mean nothing to me. The majority of them are making #8211; zero profits and then some. It's more of a who thinks a system. What means something is how a person can hold his own about what he's affirming. I acknowledge Jack has opinions and has to be put occasionally in his position. However he does bring up some good points.
    Wisdom Vouching System
    Overview
    The Wisdom Vouching System (WVS) is used to estimate the trading experience of person FF members. Members vouch for are traders, and the number of coupons a penis has can be determined by an icon on their articles and profile. For example, a member with a single voucher will display, a member using two coupons will display, and so on up to eleven.

    The ethics of the WVS is preserved by only letting members with four or more coupons to vouch...
    So in other words. . .they SHOULD mean something....

    And his points are like I am not having a stop loss and that I am putting trades after another hoping I'll make a profit....so his points are nothing more bull shit he's read FF, another forum or a book...

  8. #8
    90824
    you're insane
    Damn skippy! Gotta be to exchange for a living! lmao

  9. #9
    Junior Member dokoxke's Avatar
    29
    90824[quote=Dredding82;6118593]
    I'm utilized to the hate when I attempt to tell people things...I believe I explained that in the 2nd post lol
    Hey, I am all for believing otherwise. That#8217;s my approach to trading. And is the reason.

    So, let#8217;s attempt to keep this open. In the end we will believe what we believe is ideal. Perhaps not who's wrong or right.

    Anyhow#8230; Following #8230;

  10. #10
    Senior Member ttzombie's Avatar
    121
    90824
    Damn skippy! Gotta be to trade for a living! lmao
    you beat me to it...

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