Gaining profit by Playing with numbers
Hello friends.
In the market you can gain profit based on playing with numbers.
So It is not necessary to forecast the trend or the price in next step.
I hope to share your experiences to reach the best method based on numbers.
thank you.
Nobody, except brokers, gains profit by playing.
It's the wrong attitude to be successful in the long run.
If you do have a concrete idea to discuss share it and you'll get useful input.
Yeah.
One of methods i tested based on playing with numbers is:
Selling or just Buying.
details:
Set sell limit order every 200 pips until 10000 pips with same lot size.but very low lot size.
the profit of all orders should be 5 times more(1000 pips)
even if the price increases, finally you will gain profit.
it works well without wasting time to forecast price.
you can set orders and check it several months later.
One of the best strategies i have created.
This is a grid system for gamblers.
And i assume you do not use any stop loss.
even if the price increases, finally you will gain profit.
How?
Every open positions costs money per day (swap) and you are closer to a margin call than to any profit.
Even if you do have very deep pockets to avoid a margin call the outcome will be too little in too much time.
you can set orders and check it several months later.
And how would you manage a event like the Brexit voting? Hope and pray?
Dream on dude. If it would be that easy every institutional investor would do it the same way.
The basic rule for every successful trader and trading system is a clear and strict money- and risk mangement
There is an other method based on numbers you can take profit.
Sell at resistance lines or Buy at supportance lines.
Your profit to loss ratio should be 4 to 1.
Details:
It depends on your deposit.
For example,start with
1) 0.02 lot size.
2)if you lost, again 0.02
3)if you lost,start with 0.04
4)if you lost,start with 0.04
5)........................... 0.08
6)........................... 0.08
7)........................... 0.16
8)........................... 0.16
9)........................... 0.32
10)......................... 0.32
As you see you have 10 times chance to take a profit.
It is one of the best methods based on numbers i shared you.
So i request you to share your ideas.
There is a signal in my profit you can see based on numbers game.
Thanks.
Doubling the risk after loss is a simple Martingale strategy.
You'll find thousands of articles with real experiences about this sort of strategy.
Sorry mate but your signal shows clearly the disadvantages of this gambling method.
Your drawdown is always higher than your profit which will lead sooner or later to a crash of the entire account.
Believe me, you are not the first one that thought it's so easy to trade successful. ;-)
The main attitude for success is discipline. Nothing else.
As long as you are unwilling to control your risk wisely you'll lose.
Normally Martingale is the best strategy.
Lets think about human psychology:
IF i loose 10 % i need to gain 20%. So it would be smart to double my lotsize to get the 20%.
BUT because of human psychology which is saying " No please i dont wanna loose more", we are behaving stupid. So we loose 10% with 1 lot and trying to get the needed gain(20%) with the same lotsize. That means the pips amount we need is doubled. Some traders are decreasing lotsizes if they loose...hallelulja ;D its secure i know. Im doing the same. But if you really think about it you will recognize that that is stupid and that martingale is the smartest way ;D
Normally Martingale is the best strategy.
Lets think about human psychology:
IF i loose 10 % i need to gain 20%. So it would be smart to double my lotsize to get the 20%.
BUT because of human psychology which is saying " No please i dont wanna loose more", we are behaving stupid. So we loose 10% with 1 lot and trying to get the needed gain(20%) with the same lotsize. That means the pips amount we need is doubled. Some traders are decreasing lotsizes if they loose...hallelulja ;D its secure i know. Im doing the same. But if you really think about it you will recognize that that is stupid and that martingale is the smartest way ;D
I use the martingale system on a fully auto signal, the only manual intervention, is turning off the signal for any pair that is about to release News.
Its been very successful for me, For instance today the UK is expected to cut interest rates, along with the Brexit problems, I have manually turned off all pairs until the news is announced and the markets are settled.
All is cool for me.
I use the martingale system on a fully auto signal, the only manual intervention, is turning off the signal for any pair that is about to release News.
Its been very successful for me, For instance today the UK is expected to cut interest rates, along with the Brexit problems, I have manually turned off all pairs until the news is announced and the markets are settled.
All is cool for me.
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Hello friends.
In the market you can gain profit based on playing with numbers.
So It is not necessary to forecast the trend or the price in next step.
I hope to share your experiences to reach the best method based on numbers.
thank you.