Does the martingale system really work? | Page 23 | Metals Mine

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Does the martingale system really work?

  • #441
  • Edited 4:34pm Dec 8, 2013 4:13pm | Edited 4:34pm
Quoting jmn5611
{quote} Just because you did not understand the comments I made does not make them useless to others. It is not my job to increase your level of understanding. You have been shown by many here that Martingale is a fool's errand. If you choose to run that errand, then the rest is self explanitory.
I got your comment - don't worry.
What you said doesn't make much sense as you'll blow up anyway no matter what and everybody knows that.
Even crazy people who state otherwise.
That was said here for a gazillion of times and proved by the way. You, in turn, just made those unjustified claims called 'opinion' for the sake of it. Very useful, right?
The single most important factor is having control of your own life.
  • #442
  • Dec 8, 2013 4:46pm Dec 8, 2013 4:46pm
Quoting Mikkk01
{quote} I got your comment - don't worry. What you said doesn't make much sense as you'll blow up anyway no matter what and everybody knows that. Even crazy people who state otherwise. That was said here for a gazillion of times and proved by the way. You, in turn, just made those unjustified claims called 'opinion' for the sake of it. Very useful, right?
It was useful in the sense that no one yet has been able to avoid the "death trade", no matter how they structure the Martingale. Eventually, you will blow up. That goes in the bin just like averaging down. A sustained trend will destroy both methods. I do not understand why people fight the trend.
If you are good at something, never do it for free--Joker
  • #443
  • Dec 8, 2013 4:58pm Dec 8, 2013 4:58pm
Quoting jmn5611
{quote} It was useful in the sense that no one yet has been able to avoid the "death trade", no matter how they structure the Martingale. Eventually, you will blow up. That goes in the bin just like averaging down. A sustained trend will destroy both methods. I do not understand why people fight the trend.
Argh...
My post before this one still applies!
That's great that you know something but if everybody will repeat the same thing over and over nobody will ever read such a thread thus there will be more unnecessary comments - that'll be a mess - already is actually... but it' may always get worse which is of no good.
The single most important factor is having control of your own life.
  • #444
  • Dec 8, 2013 8:20pm Dec 8, 2013 8:20pm
You can't tweak a turd into gold.
Congratulations ScalaFX for coming out of the closet!
  • #445
  • Dec 9, 2013 2:31am Dec 9, 2013 2:31am
Quoting Mikkk01
{quote} Proxy at least trying to show some proof - you've showed nothing - you're just yappin! If you read all my posts and still don't understand - that's your problem. I'm for constructive discussion here you either give proof to what you say or stop posting useless stuff.
Demonstration that a martingale is a RR=0 game: http://www.forexfactory.com/showthre...43#post6929343
Demonstration that a martingale is fallacy: http://www.forexfactory.com/showthre...55#post7090555
Demonstration that NO MM may be an edge: http://www.forexfactory.com/showthre...87#post6379487
Probability on N losers given your winrate: http://www.forexfactory.com/showthre...37#post7122337
When increasing the bet makes sense while a martingale doesn't qualify is described here: http://www.forexfactory.com/showthre...16#post7123916
Why overbetting is worse than underbetting: http://www.forexfactory.com/showthre...78#post7125178

What you are trying to make Proximus do is a stopped Martingale. I posted
Quoting PipMeUp
This is called a "stopped martingale". It has also been proven wrong. The proof is the Doob's Optional Sampling Theorem
I think I did my best to explain constructively. But one can't teach someone who doesn't what to learn.
No greed. No fear. Just maths.
  • #446
  • Dec 9, 2013 3:37am Dec 9, 2013 3:37am
Quoting PipMeUp
{quote} Demonstration that a martingale is a RR=0 game: http://www.forexfactory.com/showthre...43#post6929343 Demonstration that a martingale is fallacy: http://www.forexfactory.com/showthre...55#post7090555 Demonstration that NO MM may be an edge: http://www.forexfactory.com/showthre...87#post6379487 Probability on N losers given your winrate: http://www.forexfactory.com/showthre...37#post7122337 When increasing the bet makes sense while a martingale doesn't...
Are you serious here?
I'm not asking for the same exact thing everyone already knows!
Quoting Mikkk01
{quote} you know... I can read!
I know it works, I know people who feed their family on it and I don't really give damn to the fact that you all here are so stuck in your regressive belief...

Let's stop it and wait for the new tester - then we'll see.
The single most important factor is having control of your own life.
  • #447
  • Dec 9, 2013 3:57am Dec 9, 2013 3:57am
Quoting Mikkk01
you all here are so stuck in your regressive belief
So what is the new discovery that we have yet to make? Why are some people so blessed to have deeply secretive and Earth-shattering knowledge, but can't seem to make any type of half-decent argument about anything?

Anyone can luck-out with martingale and withdraw profits. Who gives a shit? Some people can do that a few times, or more. So what?

At the end of the day if the odds aren't tipped in your favor then fucking with bet size is only obscuring your stats and making it harder to track that you aren't on tilt or worse. There's NOTHING good that comes from martingale, so why are people trying to defend it?

Using martingale, for a lot, or all, people, is nothing more than closing eyes and putting fingers in ears. It's all just to pretend that they are profitable, when in fact they are only temporarily profitable. It's being no-more profitable than someone who borrowed money from a loan-shark and now has $100 in their hand. Whoop-dee-doo motherfucker. That money isn't yours to keep.

It's really fucking rich when certain flavors of people come here, blow-up their accounts in public for everyone to see, make half-baked posts that are mostly nonsense, spell like they are in the third grade, start threads full of utter shit, and so on and so forth... and then proclaim that they are the holder of truth, and everyone else is a broker stooge or a regressive dumbshit. To be fair some can hold a better and more coherent conversation than others, but still. FUCK!

The more some of you martingale-defenders keep going-on about how "we just don't GET it" and yet can't back that up with anything of substance the more I want to fucking slap the shit out of you for being so damn annoying and stupid. There seems to be quite a few of you around lately, and yet while you guys seem to count with your fingers and toes you still sit there screaming how we just can't understand your deeply infantile notions.
Congratulations ScalaFX for coming out of the closet!
  • #448
  • Dec 9, 2013 4:08am Dec 9, 2013 4:08am
Quoting nubcake
{quote} So what is the new discovery that we have yet to make? Why are some people so blessed to have deeply secretive and Earth-shattering knowledge, but can't seem to make any type of half-decent argument about anything? Anyone can luck-out with martingale and withdraw profits. Who gives a shit? Some people can do that a few times, or more. So what? At the end of the day if the odds aren't tipped in your favor then fucking with bet size is only obscuring your stats and making it harder to track that you aren't on tilt or worse. There's NOTHING...
Oh, that's funny, like your posts!

EDIT: had you been smart enough so that you could read you would get this:
Quoting Mikkk01
I would like to point out something much more important that [no matter for what reason] we all here agree about: 1) All you guys and I - we don't use martingale. 2) We'd never advise it to anybody for use. 3) So, for god's sake - don't use it as there're simply better options!!! Regards.
The single most important factor is having control of your own life.
  • #449
  • Dec 9, 2013 4:16am Dec 9, 2013 4:16am
Knowing that 1+1=3, denying any proof it isn't true is called Faith. There are no arguments against that.
No greed. No fear. Just maths.
  • #450
  • Dec 9, 2013 4:22am Dec 9, 2013 4:22am
Quoting Mikkk01
{quote} Oh, that's funny, like your posts! EDIT: had you been smart enough so that you could read you would get this: {quote}
I understand that you keep saying you don't use it and not to use it... so why the fuck do you keep talking about how some people use it and how it can be profitable, and how we are all regressives if we don't agree with your fallacy?
Congratulations ScalaFX for coming out of the closet!
  • #451
  • Edited 4:59am Dec 9, 2013 4:46am | Edited 4:59am
Quoting nubcake
{quote} I understand that you keep saying you don't use it and not to use it... so why the fuck do you keep talking about how some people use it and how it can be profitable, and how we are all regressives if we don't agree with your fallacy?
Let's just say what works not necessarily works good enough.
Profits from martingale can be compounded to a less extent, furthermore, I bet you guys know that amount of money in the account and leverage are inversely proportional thus profits from martingale will go down gradually... [much faster that using usual MM]
Quoting Mikkk01
{quote} People are free to think whatever they want no matter what...
As for fallacy... go say that to those who manage to get money using it [consistently].
Quoting Mikkk01
{quote} I'm not selling anything here
Quoting Mikkk01
{quote} I don't see any reason in making you think it works - I dont give a damn actually.
The single most important factor is having control of your own life.
  • #452
  • Dec 9, 2013 4:59am Dec 9, 2013 4:59am
Quoting Mikkk01
As for fallacy... go say that to those who manage to get money using it [consistently].
In this world I'm sure you can find people who trade based on what color pants they picked out of the drawer. I'm sure some of them are consistently profitable.

So what? If you want to trade based on the new mycolorpants.ex4, upgraded to include martingale for only $99.95, then good for you. You go right ahead.
Congratulations ScalaFX for coming out of the closet!
  • #453
  • Dec 9, 2013 5:01am Dec 9, 2013 5:01am
Quoting nubcake
{quote} In this world I'm sure you can find people who trade based on what color pants they picked out of the drawer. I'm sure some of them are consistently profitable. So what? If you want to trade based on the new mycolorpants.ex4, upgraded to include martingale for only $99.95, then good for you. You go right ahead.
Oh, you got my exact point!
I don't care how I get money [if consistently].
Let it be even colour of pants...
The single most important factor is having control of your own life.
  • #454
  • Dec 9, 2013 5:12am Dec 9, 2013 5:12am
Quoting Mikkk01
{quote} Oh, you got my exact point! I don't care how I get money [if consistently]. Let it be even colour of pants...
Well, shit.

If you have such low due diligence when it comes to trying to future-proof your profits then best of luck to you. For some of us we would prefer to be able to have something more tangibly effective to grasp-onto instead of just gambling it on wishy-washy nothingness.
Congratulations ScalaFX for coming out of the closet!
  • #455
  • Dec 9, 2013 5:18am Dec 9, 2013 5:18am
Quoting nubcake
{quote} Well, shit. If you have such low due diligence when it comes to trying to future-proof your profits then best of luck to you. For some of us we would prefer to be able to have something more tangibly effective to grasp-onto instead of just gambling it on wishy-washy nothingness.
Oh, c'mon man, colour of pants doesn't apply anyway... Checked
Lets be honest here: neither you nor anybody else would ever give a damn if there was a system that brings money [consistently] even if you have no clue how - maybe you'd try to get to know - but wouldn't stay away just cause you can't get it...
The single most important factor is having control of your own life.
  • #456
  • Dec 9, 2013 5:24am Dec 9, 2013 5:24am
Quoting Mikkk01
{quote} Oh, c'mon man, colour of pants doesn't apply anyway... Checked Lets be honest here: neither you nor anybody else would ever give a damn if there were a system that brings money [consistently] even if you have no clue how - maybe you'd try to get to know - but wouldn't stay away just cause you can't get it...
I also hop on one leg and pray for rain.

No, wait, I don't. That is all the opposite of what I would do. Dude, seriously, that is some AMWAY / MLM breed of person. Do I come across as someone who buys / sells AMWAY? If you say yes you can go choke ya cheeky fuck.
Congratulations ScalaFX for coming out of the closet!
  • #457
  • Dec 9, 2013 5:30am Dec 9, 2013 5:30am
Quoting nubcake
{quote} I also hop on one leg and pray for rain. No, wait, I don't. That is all the opposite of what I would do. Dude, seriously, that is some AMWAY / MLM breed of person. Do I come across as someone who buys / sells AMWAY? If you say yes you can go choke ya cheeky fuck.
Sorry then... nothing to talk about with a man who wouldn't take money just because he doesn't know how he's getting it.
The single most important factor is having control of your own life.
  • #458
  • Dec 9, 2013 5:33am Dec 9, 2013 5:33am
Quoting Mikkk01
{quote} Sorry then... nothing to talk about with a man who wouldn't take money just because he doesn't know how he's getting it.
I've got a bridge for sale if anyone is interested. It has a toll-booth and everything so it's actually a nice little money-earner. I'll just need your social security number, bank account details, and your mums maiden name.
Congratulations ScalaFX for coming out of the closet!
  • #459
  • Dec 9, 2013 8:29am Dec 9, 2013 8:29am
Quoting nubcake
{quote} I've got a bridge for sale if anyone is interested. It has a toll-booth and everything so it's actually a nice little money-earner. I'll just need your social security number, bank account details, and your mums maiden name.
Oh, nubs, you're so funny!
The single most important factor is having control of your own life.
  • #460
  • Dec 9, 2013 1:29pm Dec 9, 2013 1:29pm
Quoting Mikkk01
{quote} I know it works, I know people who feed their family on it ....
OMG, people feed their family with a martingale system !!!

That's just sad, i`m really sorry for that family.That guy who is feeding its family with martingale is a gambling addict nuts person.
"There's a sucker born every minute" - P.T. Barnum
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