Results 1 to 3 of 3
 0 Attachment(s)    

Thread: Can you lose 4 trades in the row trading manually?

  1. #1
    Junior Member
    Join Date
    Apr 2009
    Posts
    3

    Default Can you lose 4 trades in the row trading manually?

    Subj + I cannot, so far at least

    Forgot how that system named exactly playing just doubling your
    lot size.

    1. 0.2 if lose, next 0.4 if lose next 0.8 if lose next 1.6 lot == win back to 0.2
    lot and so on.. Like in casino, that's why those guys set MAX bet
    so you cannot win constantly..

    Not sure about stupid robot, but you have to be total moron to
    lose 5 trades or so in the row, and, if you are a moron then
    flip a coin and don't forget to set stop loss and take profit points
    base on the chart technical’s.. 50/50 chances even if you flap a coin
    and doubling your lot size, SL and TP will take care of the rest

    Fair enought?

    Can that be programmed? Don't think so. cause most robots lose money..

  2. #2

    Default

    This is system what you are talking about is Martingale System and you can lose money specially EA programmed with martingale system.

  3. #3

    Default

    Martingale is gambling, and if you think losing 4 trades in a roll is impossible, take a look at this derren brown's clip:

    YouTube - Derren Brown - The System - Coin Toss

    He tossed a coin and it gets head 10 times in a roll. Though after the show he explain that he took 9 hrs to film this show and the probability of getting 10 heads in a roll.

    And doubling the lot size doesn't work effectively, it should be 2x +1 , ie. 1,3,7,15,31,63.Because when you lose 1, you need 2 to recover the loss and 1 to get the extra profit.

Similar Threads

  1. EA - work manually
    By oGladiatore in forum Ideas for expert advisors
    Replies: 0
    Last Post: 10-12-2015, 00:15
  2. Trading robot: software system that trades automatically
    By pachito78 in forum Commercial expert advisors
    Replies: 0
    Last Post: 05-05-2013, 19:29
  3. Trading robot: software system that trades automatically
    By pachito78 in forum Expert advisors backtesting
    Replies: 0
    Last Post: 04-18-2013, 19:56
  4. Using a Profitable QQE System Manually, but do need an EA - can you help?
    By Heatwray in forum Ideas for expert advisors
    Replies: 2
    Last Post: 04-01-2010, 09:35
  5. Never Lose Again System by TRO - EA
    By nephta in forum Ideas for expert advisors
    Replies: 2
    Last Post: 02-17-2010, 10:08

Tags for this Thread

martingale, money, profit, robot, robots, stop, system, trading

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •