Can martingaling strategies be controlled to avoid an account crash - page 2

To add comments, please log in or register
Marco vd Heijden
Moderator
8841
Marco vd Heijden  
would that not depend on Lotsize ?
Mohammad Soubra
31979
Mohammad Soubra  
Dont martingale
Thats all
Abdul Salam
2917
Abdul Salam  
when you are expert in market condition and market is running normal then  martingale is working goood but when it run on one direction then the situation is different and quote "martingale always crash!!!"
Andrey Egorov
4635
Andrey Egorov  
yes, if you have all the money of the world
Mohammad Soubra
31979
Mohammad Soubra  
Marco vd Heijden:

this only counts for the positive outcome, or in situations where you don't do the math.

if you do the math on forehand you can calculate what can happen on various occasions.


This is Math.

You know on forehand that your logic is programmed not to loose more then X on every trade.

So it is possible to calculate how many times you can hit a loss of X before your account 'crashes' as Roler100 puts it.

Now the outcome of your logic will depend on the size of X and on the strategy used on the occasions when your trade does not end up in a loss.

That part will depend on how you handle the winning trades,

MY FRIEND MARCO!

 

YOU FORGOT THE ... OrderSelect(...) BEFORE  if(OrderProfit()<X)

Andy Cruise
600
Andy Cruise  
Roler100:

statement ~Martingaling strategies don’t work because eventually they crash the account~ correct??

Or is it  possible  mathematically that a forex system  which uses a martingale / cost averaging strategy can be made consistently profitable when combined with a sound market entry logic and a  limit on the number of martingaling trades combined with good money management, good timing for market entry.

Or does using any form of martingaleing always result in an account crash after a prolonged period of time.

there is only one form of martingale, as far as I know, and usually it fails due to limited equity.

When I was experimenting and probably asking myself the same question you do now, I was using an EA called EquitySentry - if I remember well. It was closing ALL my opened trades when the loss was reaching a certain amount or percent of equity. That was the only way I found (those days) to control the loss.

Eventually I gave up because whatever I was gaining over the daytime I was losing in the night :)

Stuart Browne
7854
Stuart Browne  
Robotfx Trading Tools:

there is only one form of martingale, as far as I know, and usually it fails due to limited equity.

When I was experimenting and probably asking myself the same question you do now, I was using an EA called EquitySentry - if I remember well. It was closing ALL my opened trades when the loss was reaching a certain amount or percent of equity. That was the only way I found (those days) to control the loss.

Eventually I gave up because whatever I was gaining over the daytime I was losing in the night :)

There is also anti-martingale which can be used successfully if you have the right strategy and a good R:R   :D
Khurram Mustafa
63325
Khurram Mustafa  

Martingale Strategy ............. ? :P

Martingale Strategy 

Stuart Browne
7854
Stuart Browne  
Khurram Mustafa:

Martingale Strategy ............. ? :P

 

hehehehehe, I like that, says it all really :)
Ex Ovo Omnia
3459
Ex Ovo Omnia  
I have a friend, who has been successfully scalping with martingale for 10 years. But his stop-out limit is only 3% of the account, and he gets hit 1-3 times a week. On average his TP is 10 pips, and expected profit 2 pips per trade. His draw-down is less than I ever had.
To add comments, please log in or register