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  • #49,521
  • Jun 19, 2025 4:33pm Jun 19, 2025 4:33pm
Quoting Trader191
{quote} most calculate martingale with increasing Multiplikator 1 is exactly what you do. dont forget, the multiplikator and steps to buy in martingale is not fix. of course some only think by fix multiplikator of 2 for name martingale ... maybe just a thing how to define it. i have seen this exactly strategy so many thousand times... its maybe most used strategy be new beginners... i think even any good trader did use it on their way to a good trader..... because looks so good and still with near any backtest gets negative expected value over long...
The only way to answer you is...

I will make this 5k account to 30k.

Then let us talk. Until then just see how it goes.
Intraday only.
  • #49,522
  • Jun 19, 2025 4:40pm Jun 19, 2025 4:40pm
Quoting navk
{quote} The only way to answer you is... I will make this 5k account to 30k. Then let us talk. Until then just see how it goes.
i wish you luck, in general i dont follow such gambling flip account or martingale challenge. i like more trading, gambling is ok for beginning months as a trader but destroys many habits when already good.

but i hope you have luck with this luck style strategies.

i think in general you dont trade this beginner style or, just for entertaining because its small money and you dont miss?
  • #49,523
  • Jun 19, 2025 4:43pm Jun 19, 2025 4:43pm
Quoting pipmaster77
{quote} Yes, one day GBPUSD tanks beyond normal ADR......account blown. Not trying to be negative, but if it were this easy, there would be a lot more billionaire traders. I mean if you are going to scale down where you have maybe a 2500 pip risk of ruin as the account grows...maybe can work longer term
in Prop futures 50k account, DLL is 1200, MLL is 2000.

In a day, in NQ or gold, if 1200/ 2000 is breached , account is gone.

Cost is 100 dollars,

Imagine, how many times a professional trader like monty has breached this.

there was no DLL, MLL in 500 private FX account, blowing 500 dollar account with 0.1 lot is very very minimal to NIL
Intraday only.
  • #49,524
  • Jun 19, 2025 4:44pm Jun 19, 2025 4:44pm
Quoting Trader191
{quote} i wish you luck, in general i dont follow such gambling flip account or martingale challenge. i like more trading, gambling is ok for beginning months as a trader but destroys many habits when already good. but i hope you have luck with this luck style strategies. i think in general you dont trade this beginner style or, just for entertaining because its small money and you dont miss?
No..no..

It is not gambling. I am allowing 500 pips. It is not gambling.

Gambling is explained as 10 pips stop loss with 1 lot trading with 500 account capital. This is gambling

I am trading 0.1 lot for 500 account, 1 lot for 5k account, 2 lots for 10k account, 3 lots for 15k account.

This is absolutely normal trading.
Intraday only.
  • #49,525
  • Jun 19, 2025 4:50pm Jun 19, 2025 4:50pm
Quoting navk
{quote} No..no.. It is not gambling. I am allowing 500 pips. It is not gambling. Gambling is explained as 10 pips stop loss with 1 lot trading with 500 account capital. This is gambling
i am confused, never heard about this definition of gambling!
  • #49,526
  • Jun 19, 2025 4:51pm Jun 19, 2025 4:51pm
Quoting Trader191
{quote} i am confused, never heard about this definition of gambling!
Exactly, this is how broker gurus teach us.

Broker gurus teach us the way to loose account. lol

Just think out of the box.
Intraday only.
  • #49,527
  • Jun 19, 2025 4:53pm Jun 19, 2025 4:53pm
Quoting navk
{quote} Exactly, we go by what broker gurus teach us. Just think out of the box.
i am confused because it makes no sense by math, that your 500 pip SL is no gambling, and 10 pip SL is gambling......
  • #49,528
  • Jun 19, 2025 4:57pm Jun 19, 2025 4:57pm
Quoting Trader191
{quote} i am confused because it makes no sense by math, that your 500 pip SL is no gambling, and 10 pip SL is gambling......
A trader using 1 lot with 10 pips stop loss to make 10/20/30 pips in 500 acc is gambling.

A trader using 0.1 lot with 500 pips stop to make 20 pips + is not gambling, but systematic approach.

I am trading to make 20 pips ( fear of loosing 500 account is practically NIL )
Intraday only.
  • #49,529
  • Jun 19, 2025 5:01pm Jun 19, 2025 5:01pm
Quoting Trader191
{quote} i am confused because it makes no sense by math, that your 500 pip SL is no gambling, and 10 pip SL is gambling......
If one looses 500 dollar account, by trading 0.1 lot, he has to go back to drawing board again.

My entire focus is on for 20 pips profit per day with no fear of loosing account.
Intraday only.
  • #49,530
  • Jun 19, 2025 5:01pm Jun 19, 2025 5:01pm
Quoting navk
{quote} A trader using 1 lot with 10 pips stop loss to make 10/20/30 pips in 500 acc is gambling. A trader using 0.1 lot with 500 pips stop to make 20 pips + is not gambling, but systematic approach. I am trading to make 20 pips ( fear of loosing 500 account is practically NIL )
what you talking about,0,1 lot with 500 account balance : your 500 pip SL means, in 1 trade you can lose all your money!!!! thats not gambling, thats already hardcore gambling.
when this is your systematic approach... you always are hardcore gambler. sorry... but you will grow up with time and get a trader... but risking in 1 trade lose all and you not gambling... thats insane.
  • #49,531
  • Jun 19, 2025 5:05pm Jun 19, 2025 5:05pm
Quoting Trader191
{quote} what you talking about,0,1 lot with 500 account balance : your 500 pip SL means, in 1 trade you can lose all your money!!!! thats not gambling, thats already hardcore gambling. when this is your systematic approach... you always are hardcore gambler. sorry... but you will grow up with time and get a trader... but risking in 1 trade lose all and you not gambling... thats insane.
I loose 500 account by trading 0.1 lot size, in GU ?

Sorry, we both in different areana.

Even a newbie with some basic knowledge will not loose account.
Intraday only.
  • #49,532
  • Jun 19, 2025 5:09pm Jun 19, 2025 5:09pm
Quoting navk
{quote} I loose 500 account by trading 0.1 lot size, in GU ? Sorry, we both in different areana. Even a newbie with some basic knowledge will not loose account.
wait, something is here wrong... someone use wrong numbers..... 1 lot in standard usd for 100 pip = 1000 usd. so for your 0,1 lot it is 100 usd. 5 times for your 500 pip is so 500 usd. and 500 usd is your account balance value, so all lost in 1 trade.
  • #49,533
  • Jun 19, 2025 5:11pm Jun 19, 2025 5:11pm
Quoting Trader191
{quote} wait, something is here wrong... someone use wrong numbers..... 1 lot in standard usd for 100 pip = 1000 usd. so for your 0,1 lot it is 100 usd. 5 times for your 500 pip is so 500 usd.
In GU :

trading mini lot ( 0.1 lot ), my pip value is 1 dollar
Trading micro lot ( 0.01 lot ) my pip value is 10 cents
Trading standard lot ( 1.0 lot ) pip value is 10 dollar
Intraday only.
  • #49,534
  • Jun 19, 2025 5:15pm Jun 19, 2025 5:15pm
Quoting navk
{quote} In GU : trading mini lot ( 0.1 lot ), my pip value is 1 dollar Trading micro lot ( 0.01 lot ) my pip value is 10 cents Trading standard lot ( 1.0 lot ) pip value is 10 dollar
so you counted for yourself!!! your minilot 0,1 is 1 dollar per pip. your SL is 500 pip, so 500 USD risk, so your full balance in account, because you want use this for 500 usd account. so you are extrem gambler... just what i told you. you really need to learn the basics in this, thats hard core gambling.
  • #49,535
  • Jun 19, 2025 5:20pm Jun 19, 2025 5:20pm
Quoting Trader191
{quote} so you counted for yourself!!! your minilot 0,1 is 1 dollar per pip. your SL is 500 pip, so 500 USD risk, so your full balance in account, because you want use this for 500 usd account. so you are extrem gambler... just what i told you. you really need to learn the basics in this, thats hard core gambling.
Let us see how this account grows.

You have seen 5 k into 10k in 19 days.
See how 10k grows into .... by june 30
See how 5k grows into ....30k

It is systematic approach for me.
Intraday only.
  • #49,536
  • Jun 19, 2025 5:21pm Jun 19, 2025 5:21pm
Quoting navk
{quote} Let us see how this account grows. You have seen 5 k into 10k in 19 days. See how 10k grows into .... by june 30 See how 5k grows into ....30k It is systematic approach for me.

dont trust your out of the box thinking until you learn how many trades you have to get busted.
never start do something when you need to learn basics first.... skipping the basics will let you think you dont gamble, and same time you are hardcore extrem gambler.
basics learning first will make your trading much more easy.

looks like you are beginner in trading , by what you talk and what you trade and use as approachs.... but learning is easy... start with trading basics like calculating your SL and takeprofits correct.

its normal the beginner level, that you call hardcore gambling a systematic approach... but really... it is not. its only systematic approach because you dont know the math about that 1 trade kills your account.....

you will find your way with time... but will be hard for you when you lie to yourself about math basics... think out of the box will not work this way! thousands of people used exactly this beginner strategy.... you will not find many people in a forum who not used in one time in here beginning months (or years).
  • #49,537
  • Jun 19, 2025 5:26pm Jun 19, 2025 5:26pm
Quoting Trader191
{quote} dont trust your out of the box thinking until you learn how many trades you have to get busted. never start do something when you need to learn basics first.... skipping the basics will let you think you dont gamble, and same time you are hardcore extrem gambler. basics learning first will make your trading much more easy. looks like you are beginner in trading , by what you talk and what you trade and use as approachs.... but learning is easy... start with trading basics like calculating your SL and takeprofits correct. its normal the beginner...
Arguments will not help.

Proof is needed.
Intraday only.
  • #49,538
  • Jun 19, 2025 5:28pm Jun 19, 2025 5:28pm
Quoting navk
{quote} Arguments will not help. Proof is needed.
proof for gambling? ask anyone!
its just a math problem... so easy to tell.

wait until you overcome this simple approach's and grow from gambler to a trader... than the real money is possible to earn. now with this gabling style (you always lose your account in 1 trade) with luck you win, with no luck you lose.... over long time you lose.... so simple. trading is simple math... at least for so simple facts.

i hope we both did not fill the thread to extrem, lets stops this topic.

i wish you full luck
  • #49,539
  • Jun 19, 2025 5:32pm Jun 19, 2025 5:32pm
My two cents……
its not necessary what works for one trader will work for everyone…..

secondly doesnot matter how you are squeezing dollars from markets gambling, martingale, disciplined, good or bad trading…. In the end money in the bank matters……

navk keep killing it
Extreme gut feeling trader
  • #49,540
  • Jun 19, 2025 5:34pm Jun 19, 2025 5:34pm
Quoting Trader191
{quote} proof for gambling? ask anyone! its just a math problem... so easy to tell. wait until you overcome this simple approach's and grow from gambler to a trader... than the real money is possible to earn. now with this gabling style (you always lose your account in 1 trade) with luck you win, with no luck you lose.... over long time you lose.... so simple. trading is simple math... at least for so simple facts.

we both in different areana as i told you.

No more explanations, sorry.
Intraday only.
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NovemberMan