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  1. #51
    Legendry Member Okane's Avatar
    Quote Originally Posted by Brian Shaw View Post
    Martingale doesn't work for me especially in binary options because the returns are not 100% of my investment. When i double my investment, the broker also doubles its cut on it if i get ITM, LOL.
    Yeah. Martingale strategy was just another BS strategy
    brought to the beginners by scam affiliates. I was
    almost about to try it out back then when I was new.
    But somehow I realized it didn't make much sense.
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  2. #52
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by Okane View Post
    Yeah. Martingale strategy was just another BS strategy
    brought to the beginners by scam affiliates. I was
    almost about to try it out back then when I was new.
    But somehow I realized it didn't make much sense.
    yeah, because you found us, right? ;-)

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  4. #53
    Legendry Member Okane's Avatar
    Quote Originally Posted by Michael Hodges View Post
    yeah, because you found us, right? ;-)
    Yeah, when I found the forum, everything changed.
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  5. #54
    Solid Member ionone's Avatar
    Quote Originally Posted by Brian Shaw View Post
    Martingale doesn't work for me especially in binary options because the returns are not 100% of my investment. When i double my investment, the broker also doubles its cut on it if i get ITM, LOL.
    then use a bigger factor like 2.3 !

    i only know 1 martingale that kinda work (but still highly risky) but it is NOT a binary one

    EDIT : It's called "Alex" and you need 3K to run it, but i didn't try (the MyFxBook is nice though)
    EDIT2: btw can you be kicked for using Marti? like in casinos?
    Last edited by ionone; 06-18-2016 at 03:46 PM.

  6. #55
    Rookie Member
    For those who really want to understand the Market. Currency market moves because of the liquidity Providers - Market Makers.

  7. #56
    Administrator Martin Kay's Avatar
    Quote Originally Posted by Ralexander View Post
    For those who really want to understand the Market. Currency market moves because of the liquidity Providers - Market Makers.
    Now I understand the Market!
    “Don't believe anything you read on the net. Except this. Well, including this, I suppose.” ― Douglas Adams

  8. #57
    Legendry Member Okane's Avatar
    Quote Originally Posted by Ralexander View Post
    For those who really want to understand the Market. Currency market moves because of the liquidity Providers - Market Makers.

    Ehm, no. Actually it moves because Pac-Man is trying to eat the candlesticks!



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  9. #58
    Moderator Kolyo's Avatar
    Quote Originally Posted by Martin Kay View Post
    Now I understand the Market!

    Haha, yea, and the question is here what actually the liquidity providers provide? And the answer they provide liquidity i.e. quotes they don't move the market they just make it and the market is moving from the order flow, big orders are moving it.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  10. #59
    Solid Member ionone's Avatar
    i've tried positive martingale recently (also known as anti-martingale)

    the goal is to multiply the lot everytime you win, not everytime you lose

    this leads to a lot of small losses and sometimes big wins

    but don't be fooled, this is not less risky than the classic martingale, in fact i've backtested in Matlab with all parameters possible and i couldn't make it work either. The martingale just delays the losses but at the end you'll lose because of the spread, you have to have an edge for it to work. you can think "i will stop at +3" for example and it will give me an edge. but it doesn't

    It works well in trending markets, but as soon as you're ranging you'll have series of good-bad-good-bad that will ruin your gains.

    some say you can be profitable in using a classic martingale in ranging markets and an anti-martingale in trending markets, maybe, but you have to know how to decide if there is a change in market conditions, and you're always lagging in finding so, so it's not really working...

    stay away from any form of martingale would be my advice

    Jeff

  11. #60
    Moderator Kolyo's Avatar
    yes, ionone! The latest advise is the best, I don't recommend neither martingale nor anti martingale. They are both mathematical that doesn't work in the real world.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

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