Ode to martingale - page 4

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IvanIvanov:
If you do not know the exact number of deposits you have, you may start a new brokerage firm.

What emotions, arguments are needed :)

Doesn't it make sense to take any deposit and multiply it by at least ten times - this amount should be in your account, in the case of refilling of the trading account.

Doesn't it make sense that you have to deposit more money on your account than to lose it all?

And this applies to any strategy, including martingale.

But there will always be a lot of people who blindly believe in these ridiculous rules, believing that this is the law for success, a bunch of ridiculous management, which contains obvious rubbish, which requires a trader to deposit one time, and in no case, under any circumstances, do not deposit it again - otherwise you begin to be considered a scammer who can not trade.

So-so :)

 
server:

What emotions, arguments are needed :)

It is not logical, take any deposit and multiply it by at least ten times - this amount should be in your account, in the case of filling the trading account.


it is not logical, there are at least three other variables - lot size, lot multiplier, grid width

I want to go back to the question of greed
 
IvanIvanov:
I'd like some alternative on this point... but nothing just brilliant comes to mind yet either....

Apples aren't falling...

Probably not in season...

 

About martingale.

1. Martingale is draining.

2. Martingale is losing on a trend that is against the wool (anti-trend), and long enough. Not even long in terms of time, but in terms of price. And it is smooth. Without pullbacks. Or with small pullbacks.

3. As in any losing situation, it is useful to bring the situation to the point of absurdity (good memory of Mr Altshuller).

4. absurdity #1. Reach such settings of the martingale, in which it will tolerate an anti-trend to an incredibly large size. Simple analysis shows that in this case the martingale profit will be quite stable, but tending towards zero.

5. Absurdity #2. To achieve such profits, that overlap the plummet and remain profitable. There is a compromise between the frequency of losses and the value of profits. And there are profitable options!

6. № 2 is much more profitable than № 1, but requires more mental stress and careful adjustment.

7. The will of chance: it may happen that there will be no profit anyway. For no one knows where the market is going.

 
incred:

About martingale.

...

All right, just tell me please, what is guaranteed not to lose?

Martingale can help a trader if it works according to trends determined by the trader.

 
izzatilla:

All right, just tell me please, what is guaranteed not to drain?

Martingale can help a trader if it works according to trends determined by the trader.

There is nothing guaranteed to be non-wasting.

 
transcendreamer:

there is nothing guaranteed to be insolvent

..:

About martingale.

...

Then what difference does it make which way/system to successfully drain your deposit or randomly make profits.
 
izzatilla:

All right, just tell me please, what is guaranteed not to lose?

Martingale can help a trader if it works according to trends determined by the trader.

But if one were to make a forecast that now the price tends to fluctuate in a channel, or move without a pullback, the martingale would immediately start steering. But if you think from the position of trading with any system against martin, martin may be compared with an example in life: what will you choose, risk getting hurt, cut or break your arm a little bit every day with 60% probability, or risk dying every day with 50% or 40 probability? The question is philosophical, as is the choice of martin. But as the practice of biological life shows, the first is preferable)

 
223231:
But if you make a prediction that now the price tends to fluctuate in a channel, or move without a pullback, martingale will immediately begin to rule!

Agreed. With a good trader's forecast, where the direction of price movement is correct and any Martingale can show profit. But there is one nuance - Martingale works for pennies in a trend, it needs a problem situation where orders are open and they need to be pulled out in profit. But we do not need too much of a problem situation either, it may fail.

So, the dilemma turns out - you want more , you should take a big risk, and if you want a little, you may receive a small profit. And in any case, everything will come out of the trader's greed and fear.

 
izzatilla:
Then what difference does it make which way/system to successfully drain your deposit or randomly make a profit.

the difference will be visible in the long term after a certain number of repetitions

As a result we come to the notion of average deal (average and variance, which incidentally may vary over time).

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