- Search Metals Mine
- WhyDrawdown replied Sep 24, 2015
The problem with trading with the TREND is that you have a bias towards something which can change at the drop of a dime. Recall when EU dropped from 1.39 to 1.06 Al though it took about 16 months to do it, the reality is before that drop EU rose ...
No Loss Martingale Strategy
- WhyDrawdown replied Sep 23, 2015
The answer is that martingale can not handle such a loss. but instead of looking at the negative side, why dont we focus on accurate systems which dont have a high prob of having say 10 losses in a row for x amount of pips, then use martingale with ...
No Loss Martingale Strategy
- WhyDrawdown replied Sep 22, 2015
I would agree. There is a difference but still a gamble none the less. Money management all together is another monster, as we have seen time and time again people who have strick money management and still end up bursting the account!
Honestly frustrated with trading forex
- WhyDrawdown replied Sep 22, 2015
Example way of putting it. You have people who have mastered the art of crossing the street, that they even try to do so while incoming traffic is heading their way. Most times they will make it across, but you run a higher chances of getting hit by ...
Honestly frustrated with trading forex
- WhyDrawdown replied Sep 22, 2015
Have you found an edge mr red or blue pill?
Honestly frustrated with trading forex
- WhyDrawdown replied Sep 22, 2015
Do you even know WHY exness LOWERS the leverage prior to market close on friday? They do that to avoid tilt monkeys to go all in prior to market close with 1000:1 leverage and if lucky the trader doesnt margin call prior to market close, and should ...
No Loss Martingale Strategy
- WhyDrawdown replied Sep 22, 2015
+1 I am not sure how you feel about Casino vs Forex, but one should not compare the other. The reality is all casino games are bet on chance and random events occurring. The casino has the edge because they set limits on their tables, they have ...
No Loss Martingale Strategy
- WhyDrawdown replied Sep 22, 2015
Current price is 1.11859 Should EU close above 1.11945 on the 5m chart before touching 1.1174 Then I will buy and take profit at 1.1237 Until then Neutral.. GL to all
EURUSD
- WhyDrawdown replied Sep 22, 2015
gam·ble verb 1. play games of chance for money; bet. "she was fond of gambling on cards and horses" synonyms:bet, place/lay a bet on something, stake money on something, back the horses, game; informalplay the ponies "he started to gamble more ...
Honestly frustrated with trading forex
- WhyDrawdown replied Sep 22, 2015
Black swan effects, for the simple fact that they COULD happen, makes the stats useless which is my overall point. The fact that a black swan effect can happen at the very next market tick leads one to assume that the longer you are exposed to the ...
No Loss Martingale Strategy
- WhyDrawdown replied Sep 22, 2015
The only valid point which you make is testing live and demo at the same time. The sad reality is that the demo and live feed for most brokers arent the same. Especially during high impact news. Execution will be different more then likely, but a ...
Honestly frustrated with trading forex
- WhyDrawdown replied Sep 22, 2015
What does the broker have to do with you placing xyz ORDER and not closing it when you originally planned? The broker doesnt make you overleverage or have bias towards a position.The only person to blame here is the trader and no one else. If a ...
Honestly frustrated with trading forex
- WhyDrawdown replied Sep 22, 2015
It would seem rather outlandish to live life based on probabilities. As you have many out side influences which can throw a screwball into the calculation at any time. They say that it is more probable to fall in your bath tub compared to dieing in ...
No Loss Martingale Strategy
- WhyDrawdown replied Sep 22, 2015
What happens if we simply remove our expectation of anything working or failing in the long haul? Martingale alone wonīt determine if you win or lose in the long or even short term, but the actual system which is used shall determine that. If we can ...
No Loss Martingale Strategy
- WhyDrawdown replied Sep 21, 2015
Thatīs your problem.... You care to much about what people have to type about you, instead of you caring about making money, which you clearly arenīt doing. Anyway, I am glad to no longer see you on EUR-USD thread and the reality is once EU goes to ...
Spider's Den
- WhyDrawdown replied Sep 21, 2015
A bunch of copy and paste and photoshoped information.... Your profile over at myfxbook is set to private, for some odd reason. You clearly have something to hide, and I am pretty sure it is the insane drawdown which you are using. Being that you ...
Spider's Den
- WhyDrawdown replied Sep 20, 2015
Please stop deflecting Sir. We are speaking about your floating loss of over 400 pips, and not the broker which I am using. You maintain that you have a 100% win rate, but even with a 50% drawdown, you will continue you having a 100% win rate, yet ...
Spider's Den
- WhyDrawdown replied Sep 20, 2015
I am sorry if I pushed a button by simply speaking about your 100% win rate, but horrible drawdown stat. If you accept drawdown as part of the game, then so be it, but the reality is your form of trading at best is a waste of time, as you are ...
Spider's Den
- WhyDrawdown replied Sep 20, 2015
I think that martingale is nothing more then a form of trade slash money management, compared to a system. Many people speak negatively about martingale because it increases your risk of margin calling the account compared to not using it, but the ...
No Loss Martingale Strategy
- WhyDrawdown replied Sep 20, 2015
Yes you are at 100% win rate, but your draw down of over 500 pips kind of says a lot about your out luck of what is to happen in the future. Essentially if you have a drawdown of 20% and you close the same trade for 10% profit, then it is clear that ...
Spider's Den