If you had no losses so far, and presumably will have high winrate in the future, then why do you need to martingale? Just keep the risk constant, play safe and cash in the money

Let's build together a system which makes 1000%/month

You could get lucky and make a million $ with martingale, but thats has just about as much odds as winning the lottery, and a lottery ticket costs only 2 €, while this would cost him the entire account ... What's inside the box in that picture, an ...

Let's build together a system which makes 1000%/month

Sorry Paracelsus but martingale is just simply not viable.I`ve ran many simulations and on average with an account <=10.000$, you lose the entire account before the 1000th trade if you start with the smallest lot size 0.01 and double until the ...

Let's build together a system which makes 1000%/month

Yep, and i`m not a lawyer or anything, but i think in accordance with regulation agreements especially here in the EU the MiFid must enforce the best market conditions to the traders so probably these losses need to be compensated, because it was ...

Let's build together a system which makes 1000%/month

The SL is more like a risk control feature.Trading without stoploss is obviously a fallacy and one trader will pay very dearly if he doesnt use SL. image Imagine yourself being long on the EUR/CHF and not using a SL during that spike. Would that ...

Let's build together a system which makes 1000%/month

How does that information benefit you, without a knowledge of direction you dont really have an edge? What is the standard deviation of this "wave movement" so that you can put the STOPLOSS outside it? If the ratio is better than 20:1 doesnt that ...

Let's build together a system which makes 1000%/month

Those who believe that candlesticks have predicting power are very naive or just simple novices who dont know what they are. Its not the candlesticks which have the predicting power but the price itself, as it has autoregressive properties. But the ...

We were fools to believe candlesticks can predict

That strategy doesnt have an edge, its just playing with RR ratio, and then hope for the best.But the individual outcomes of the trades are the same random as with any other method.That strategy is a gambling one.

Let's build together a system which makes 1000%/month

That must be a sniper precision method, i must look up his method because it sounds cool. Otherwise if you estimate the volatility, you can find out that even in short term it needs >100 pips. I`ve tested countless simulations between TP and SL and ...

Let's build together a system which makes 1000%/month

The edge is actually the expected value or expected profit on average /trade if >0 then its a profitable system, if its 0 then its breakeven, if under 0 then is BS. And because of spreads, you always start with a handicap of expected value of X- ...

Let's build together a system which makes 1000%/month

Its a long term strategy, i `m aware of the buy & hold & trailstop methods, but its more like investors thing than forex traders.In forex the market can just whipsaw, instead of going in a clear direction, but its definitely a winner strategy, on ...

Let's build together a system which makes 1000%/month

Definitely something very subjective and irresponsible.If you decide to trail stops then its probably wise to set the trailstop size in paralel to the short term volatility/variance and keep it that sized during the whole trade and definitely not ...

Let's build together a system which makes 1000%/month

Well , no offence meant, but i`ve tested it like 99999999 times the relation between TP & SL alone and with indicators, and havent found anything profitable, but to say that it would make 4000% its a unimaginable. The market changes structure way ...

Let's build together a system which makes 1000%/month

Is that a joke ? Interesting that all demo contest winners can make 50000% in a few weeks troughout the contest, yet after they go and sell their books and EA instead of becoming billionaires in a blink of an eye. Something smells fishy about ...

Let's build together a system which makes 1000%/month

Well still how do you know when that swing ends, what is the threshold ? Consecutive green/red candles ? And if the next candle is different color than the other you end the scalp ? Well then you run into the problem of timeframes again, which is a ...

Let's build together a system which makes 1000%/month

Yes thats a very sound answer, after all reactionary trading is not wise, let the things calm down and enter when all things line up. Fundamentals should not be contradictory, i mean the data is the base here, but thanks to the stupid media, they ...

Multi-Lot Multi-Timeframe Position trading

Yep.Thats true, technicals cant predict price, and they werent ment to, technicals for me are only to position my trade at a better S/R level. Yes i know about economy, as you can see on my profile i`m a fundamental trader, but if fundamentals were ...

Multi-Lot Multi-Timeframe Position trading

Yes, exactly, thats an obvious cause, and a very visible one.So that particular trend was caused by an ECB decision, so until that decision holds, the trend will more likely than not hold too.This is the measurement of it. You can spice it with some ...

Multi-Lot Multi-Timeframe Position trading

If not forecasting a trend, but atleast a tool which tells me that is it wise to enter now or the trend is already at an end? MA is a past tool they look at past X bars ,period. What is on the right side of the screen nobody knows for certain,but we ...

Multi-Lot Multi-Timeframe Position trading

I never said that you do, but a clear understanding can minimize unpleasand events impact on the account, and reduce the DD or maximize the profits. Also i dont look for certainty, i dont believe that it exists, i only need a reliable probability ...

Multi-Lot Multi-Timeframe Position trading