What the heck are you talking about RISK PER PIP. No one trades calculating before hand how much growth (% wise) I am earning per pip. When a person say´s I risk 2% of my account, that literally means the open margin is that % of their account. You ...

Martingale Simulator (you go bankrupt every time)

Wrong again. To RISK is to put a certain amount of money into the market. That is what you are risking. Your stop loss is a % of your account you are willing to lose. Here is an example. If I wager 100% of my account. I am risking 100% OF MY ...

Martingale Simulator (you go bankrupt every time)

I have a question. A person can simply wager 2% of his account correct. Yet what if a person isn´t willing to lose 2% of his/her account. That would mean that amount of wagers which can be placed is increased using the martingale form of wagering. ...

Martingale Simulator (you go bankrupt every time)

Hello. Yes you would have to do the calculations yourself as MT4 doesnt have an indiactor which will do it for you. Luckly you can use the following website to give you the exact amount of money you will be required to have in order to open a ...

leverage and margin

Very good way of putting it. Yet, as you mentioned FUNDS is the most important thing. Money management will curb emotions to the extent that you wont get cleaned out if your stick to your rules.

Does the martingale system really work?

I don´t run simulations on trading. I simple base my caluclations on actual trading experience. I have traded forex since 2006. In which I have added many different formations to my system. One can simply back test and keep track using a spreadsheet ...

Does the martingale system really work?

Your stats appear to be very good. At a quick glance I see you use martingale, and you have profited greatly from it. Excellent work.

Does the martingale system really work?

That is just it Hanover. I never lose more then 4 times in a row using the method which I have posted. Using the number "14" is a fact all in all, because the setup never experiences more then 4 losses all together. As far as the wagering is ...

Does the martingale system really work?

Are we playing poker, or a casino game? Or are we speaking about forex. Noobcake is now on the ban list!

Does the martingale system really work?

Kanzler please try to not call people out of their names. I'm not an idiot. I simply don't share your P.O.V. Probability and REALITY are two different things. Probability only factors in the black and white factors. Where as REALITY factors in ...

Does the martingale system really work?

Still moving to the upside.

Does the martingale system really work?

That is just it. Expectancy and reality are two different things. One can never calculate reality, as to many undetermined factors can sway the numbers. Example. To say I have 85% rate. Can mean I win 8.5 times out of 10. or 16 TIMES OUT OF 20 or ...

Does the martingale system really work?

Once again what good is your simulator if your entries aren't calculated. You're simply entering positions on heads or tails. Most of us don't take wagers on that method. At least I don't. Which means your c++ is a "waste of time". As what is ...

Does the martingale system really work?

Hello hangover. I will be uploading my accounts so you can analyze the very questions you've asked. As for the reasons of withdrawing I would have to say it is to reap my rewards of excellent trading. It also a form of good money management to ...

Does the martingale system really work?

You can see that the price has yet to close under my stop loss price. The .02 buy is still open, and I have yet to place a binary trade. Based on the current formation, AJ is appearing to be heading into an accumulation formation. How can one tell ...

Does the martingale system really work?

What I want is to lose the very small orders so that as the larger orders come in I will have a much higher probability of earning my 1 to 1 ratio. Weeks may go buy before I ever place an order higher then 200usd in my binary account or 1.00 lot ...

Does the martingale system really work?

Here is where the martingale comes into to play. I have a .02 sell on AJ open. If AJ closes under 92.56 on the 1m I will take the loss, open a sell for .04 and enter a binary options sell for 25 usd once the price retraces to the middle band and ...

Does the martingale system really work?

Back to my system. Look what has happened the last 6 times that the price has touched the pivot, and closed with a candle indicating reversal. Looks like a 100% win rate. I have about 17 different formations which I wager on. The very same formation ...

Does the martingale system really work?

Hello charvo. What happens with noobcake and the other non-believers is they trade with the "hEAD and tail mentality" which is why martingale appears to be a waste of time. Guys like yourself who have the ability to identify different setups or ...

Does the martingale system really work?