Martingale Again???! - page 8
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Agree if without control unless use stop loss - for example: -1, -2, -4, -8 then stop and walk away.
how thats possible . . . ..
how much risk should be permitted . . . . .
how thats possible . . . ..
how much risk should be permitted . . . . .
In stead of continue -16 just take the loss and close all.
Then start over and to recover from the loss.
In stead of continue -16 just take the loss and close all.
Then start over and to recover from the loss.
And of course added the trailing profit mod in stead of the fixed X pips take profit if the first entry was successful to maximize profits.
It will be a hybrid.
Is there a expert adviser with martingale where the first 4 trades are"virtual" and just start working with the 5 trade.
Please explain what would be the difference between the first, and the fifth trade.
after 4 losses then start martingale
We
after 4 losses then start martingale
What would be the difference with starting it the first time ?
when you have a system with max 8 consesutive losses backtested for 20 years.
Then apply the new martingale.
Now you have hopefully a better chance of having a good trade.
After a profit stop trading and start again when there are 4 losses again.
But i am currios is there such a system or code availeble to studie
i think: we can also use this method if we ignore any technical analysis , just MM. must be under our control.
also can use this method with control the dd. i try this at my second ea.