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@  nkotb6 : (21 February 2020 - 02:37 PM) thanks for your reply
@  David : (20 February 2020 - 01:38 PM) i'm not sure yet -- if i do i will have an announcement ya
@  nkotb6 : (20 February 2020 - 11:20 AM) @David I am sure you are going to write an announcement at some point on this page
@  nkotb6 : (20 February 2020 - 10:37 AM) David, have you got the official date on when you shut down BOE?
@  David : (19 February 2020 - 09:38 AM) very nice, i will have to check them out!
@  dth : (19 February 2020 - 09:37 AM) my 15k was actually supposed to be 12 and the 18 was supposed to be 15k
@  dth : (19 February 2020 - 09:36 AM) bet365 the way to go ... they add a little more if you hit parlays
@  David : (19 February 2020 - 09:36 AM) oh cool
@  dth : (19 February 2020 - 09:35 AM) and betway
@  dth : (19 February 2020 - 09:35 AM) bet365
@  David : (19 February 2020 - 09:30 AM) who are you using, bovada?
@  dth : (19 February 2020 - 09:30 AM) i always come out learning something new about the other
@  dth : (19 February 2020 - 09:29 AM) but i mean every year i go into trading than into football and back into trading
@  dth : (19 February 2020 - 09:29 AM) since thats everyday
@  dth : (19 February 2020 - 09:29 AM) which i didn't mind because ftb was once a week ... i'm trying to figure something out for college hoops and its wayy more work
@  David : (19 February 2020 - 09:29 AM) haha yea, that shit takes a lot of time im sure
@  David : (19 February 2020 - 09:28 AM) Love it
@  dth : (19 February 2020 - 09:28 AM) but i was doing it caveman style as so my developer says... in putting spreads and totals manually... literally starting sometime in the evening staying up til 5am
@  David : (19 February 2020 - 09:28 AM) daaaang!
@  dth : (19 February 2020 - 09:27 AM) yeah 500 on a 5 gamer = 15k plus 300 on a 6 gamer = 18k

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Purely Money Management. No Indicators!!!


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#21 PG275

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Posted 13 November 2015 - 09:45 AM

example_zpsrr3tfkqz.png

 

hey PG275, thanks bro for another interesting thread. This is by far the most interestingly-intriguing strategy from u and i love it !

 

i would like to trouble you for some clarification for my understanding.

if i were to base your strategy on the chart posted. In particular the grey dotted box. Is my illustration accurate ?

 

If i were to make my first trade within the grey box marked by #1 and end my trading at the #10. Would my MM and direction of entry be correct ?

many thanks in advance bro ! 

 

Thanks Hubba. I just tried it for fun purpose to get stress out of mind and which later turned out to be working.

 

Yes your illustration is accurate. Look at the MM and direction below -

 

Direction - UP DOWN DOWN UP or DOWN UP UP DOWN

 

MM - Suppose $1, $3, $8, $18

 

If you enter CALL or UP at #1 candle then its ITM. If you entered PUT or DOWN on that same candle then it will be OTM, so at open of #2 candle you enter CALL or UP and you win.

 

Again enter CALL or UP at #4 candle then its ITM. If you entered PUT or DOWN on that same candle then it will be OTM, so at open of #5 candle you enter CALL or UP and you win.

 

So ideally by 2nd trade you get ITM in this above scenario whether you enter UP or DOWN

 

Since here we are not using any indicators or lines so after we get OTM we should take next trade immediately on next candle.



#22 PG275

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Posted 13 November 2015 - 09:47 AM

is it only me that has lost 230 euro????

everyone is winning?

 

Share your trades vito  :)



#23 andbau

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Posted 13 November 2015 - 09:58 AM

You are right Meister Leder. Try 3 or 5 min. I have tried both and that problem of the last few milli seconds is almost gone on the longer time frames. Further to my previous post, a reminder that martingale can blow your account very quickly. Ensure you use sound MM. I will give the longer times a run next week and report my results.
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#24 vito1978

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Posted 13 November 2015 - 10:08 AM

Attached File  TradeActionsReport.pdf   146.02KB   416 downloads



#25 PG275

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Posted 13 November 2015 - 10:21 AM

attachicon.gifTradeActionsReport.pdf


Vito I see that you are trying consecutive same direction way from 10 to 80.

#26 vito1978

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Posted 13 November 2015 - 10:44 AM

no not really....up down down up........same direction after winner with 10

 

but will try with 5 minutes another day



#27 neddihrehat

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Posted 13 November 2015 - 11:15 AM

Soon there will be talk about taking hits and so on. You need at least 5x of highest stakes balance to try this on. And if the market was trending, your chance of winning would increase. But then it would not be a thread about purely money management or stuff like that.

 

I tried it, then my balance reached 1.1x after a few tries. And then what happened? the balance became 0.01x.


Click the LIKE button or the REPORT button, don't just sit there.

#28 xTKSD

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Posted 13 November 2015 - 11:30 AM

 

Hmm...

 

Few things:
-why u're going in in the middle of candle?

-u got 1 uncompleted series and 1 were u used double 80$ (without incrising after loss)

-and 50% return may be too smal ;)


'You have to think, not feel. If you feel not think, u're done.'


#29 vito1978

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Posted 13 November 2015 - 02:54 PM

Hmm...

 

Few things:
-why u're going in in the middle of candle?

-u got 1 uncompleted series and 1 were u used double 80$ (without incrising after loss)

-and 50% return may be too smal ;)

1. I started the first trade as soon i opened the chart...so the follwers came all directly after finish of the trade.

2. because of this low payouts at the demo account of fxchoice i choosed not to get higher as 80 euro.

3. yes, but it is a good demo account to see if a strategy is really working or not, because it is much more difficult to get a positive balance after a loss, so maybe you trade with more "live trade feeling" and not with a "it is only a demo account feeling"!!!!



#30 Akhrem

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Posted 13 November 2015 - 04:28 PM

Thanks Hubba. I just tried it for fun purpose to get stress out of mind and which later turned out to be working.

 

Yes your illustration is accurate. Look at the MM and direction below -

 

Direction - UP DOWN DOWN UP or DOWN UP UP DOWN

 

MM - Suppose $1, $3, $8, $18

 

If you enter CALL or UP at #1 candle then its ITM. If you entered PUT or DOWN on that same candle then it will be OTM, so at open of #2 candle you enter CALL or UP and you win.

 

Again enter CALL or UP at #4 candle then its ITM. If you entered PUT or DOWN on that same candle then it will be OTM, so at open of #5 candle you enter CALL or UP and you win.

 

So ideally by 2nd trade you get ITM in this above scenario whether you enter UP or DOWN

 

Since here we are not using any indicators or lines so after we get OTM we should take next trade immediately on next candle.

 

First of all i want to thank you for your idea. 

I think trading this way 60s is way too dangerous, but i'm working on strategy which focuses on that way of betting: up/down/down/up but on 5m chart.

I'll start demoing on next week and post results here  ;)

Thanks again.  :)


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#31 xTKSD

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Posted 13 November 2015 - 05:04 PM

1. I started the first trade as soon i opened the chart...so the follwers came all directly after finish of the trade.

2. because of this low payouts at the demo account of fxchoice i choosed not to get higher as 80 euro.

3. yes, but it is a good demo account to see if a strategy is really working or not, because it is much more difficult to get a positive balance after a loss, so maybe you trade with more "live trade feeling" and not with a "it is only a demo account feeling"!!!!

 

I know u understand, but that was just my explanation to your "is it only me that has lost 230 euro????" ;)

 

2nd thing is i made like 6/7 series on EU and longest series took 4 trades-tried it on ranging  market and on trending (both ways-starting against trend and starting with trend) ;>


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'You have to think, not feel. If you feel not think, u're done.'


#32 ktop1800

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Posted 13 November 2015 - 06:06 PM

PG275 can you make an EA on this?  preferable on 5m TF.



#33 jigadijac

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Posted 14 November 2015 - 04:09 AM

I have done this before.. And I have an EA if u guys want it :) I can post it here but it's only for 7 martingale steps.. And the amounts are already coded.. So would need someone to open it up and make the martingale amount to be variable..

In fact I tried this method.. The only problem is it have to be minimum $10 for brokers like Noafx. Gdmfx etc.. Trading manual can be tiring.. And for EA taking every candle will have a execution problem and will start lagging on every candle.. Cos the EA have to check whether it's a win or loss and take the next trade.. We lose precious few secs unless someone can overcome this.. So I edited my EA to take alternate candles instead..

2 EAs going seperate directions.. Or u can have 2 MT4 brokers each MT4 taking opposite direction of trade.. When one loses one wins..

U get the idea?

I will post the EA here once I get to my desktop.. I hope I still have it

I stopped using it a while back after making some money from it..
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#34 PG275

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Posted 14 November 2015 - 10:00 AM

Well yes that's what is thought that EA will take few seconds to calculate trade result and take next trade accordingly. In the mean while price movement will also go for toss.

What was the ITM% when you ran 2 EAs together and how are both linked based on results?

#35 jigadijac

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Posted 14 November 2015 - 10:47 PM

I can't remember what was the ITM but I know in demo, it didn't make money.. Cos there was a few hits where there was more then 7 candles down.. This method is ok to trade manual cos u can deside the direction u want to trade..

#36 PG275

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Posted 15 November 2015 - 12:31 AM

I can't remember what was the ITM but I know in demo, it didn't make money.. Cos there was a few hits where there was more then 7 candles down.. This method is ok to trade manual cos u can deside the direction u want to trade..


I feel the same that this method is good for manual trading coz first of all not it is not a 100% EA supported strategy and martingale can be risky if trade is not placed at the rite moment.

#37 luca1073

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Posted 15 November 2015 - 12:47 AM

I have done this before.. And I have an EA if u guys want it :) I can post it here but it's only for 7 martingale steps.. And the amounts are already coded.. So would need someone to open it up and make the martingale amount to be variable..

In fact I tried this method.. The only problem is it have to be minimum $10 for brokers like Noafx. Gdmfx etc.. Trading manual can be tiring.. And for EA taking every candle will have a execution problem and will start lagging on every candle.. Cos the EA have to check whether it's a win or loss and take the next trade.. We lose precious few secs unless someone can overcome this.. So I edited my EA to take alternate candles instead..

2 EAs going seperate directions.. Or u can have 2 MT4 brokers each MT4 taking opposite direction of trade.. When one loses one wins..

U get the idea?

I will post the EA here once I get to my desktop.. I hope I still have it

I stopped using it a while back after making some money from it..

 

 

with Noafx you can trade also 1 $ also with Gomarkets and CLM but they dont allow EA for  1 m and 5 m exepiry anymore. also directfx banned them

 

You can use only Noafx and Gdmfx now and gdmfx is min 10 $ for EA at short expiry



#38 jigadijac

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Posted 15 November 2015 - 01:39 AM

Yes Luca, I agree on that.. It's better to take charge of the trading instead of an EA esp for this method.. Sometimes, u just know which direction it will go.. And u can martingale on that..

#39 creditgroup

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Posted 15 November 2015 - 07:22 PM

10 minutes - almost 12 bucks. This method can be useful, if you use reversal strategies just to avoid waterfalls.

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#40 PG275

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Posted 15 November 2015 - 10:02 PM

Few morning trades on Phone

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