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Originally Posted by davidke20
But, you did requested v12 to test it out. You know there is a way to win. Why turn around and said it was a catch? I'm a very successful MartingalER. I'm not betting on the market, but I know when to bail. The reason why people fail with martingale EA simply they dont wanto pull the plug even they know there is no chance to retrace. They just hope and pray the market will retrace a little bit and close with tiny little profit. Now this is the catch. Your second statement replied your 1st statement. The only closest holy grail is "YOU"... person who use the strategy to win the game. I can guarantee there is no holy grail. All about is greed and fear. I have to agree with you under some point. And I'm sure position trading rulez in the long run. For the moment, I'll stay out and observe if you dont mind. I've been focusing on martingale too much these days, cant get much clue on your system. Besides, I know nuts about CCI. So, let me just get more idea before I start to jump in your development. Thanks for sharing anyway. I wish you all the best and I will follow your thread tight. Cheers
Regards
David
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If the risk to reward ratio in your Martingale MM works for you then so be it. What I dont understand is that if you had no interest in going any further than to point out the fact that you neither personally understood my strategy, nor had any interest in trying to understand it, why did you waste both your and my time by replying? I never asked you personally to participate. Only want to deal w/ positive and succes-oriented individuals. Must be both willing and able. And you've succeed in expressing that you are not either of the two. With that said, if you aren't helping me, your hurting me. 2 extremes w/ no gray area.
How you feel about the holy grail is your perspective. There are traders out there who have never sustained a loss. Just look in the Market Wizards book. They themselves are the "Holy Grail" as are the traders that fail. Most just don't realize it. Not trying to be perfect or flawless. Just put the odds in my favor.
Please keep all destructive critiscm to yourself. Judging from past post I've read where you've given input, it seems you have a reputation for sparking confrontation and keeping a steady supply of fuel on the fire. Good luck with your Martingale-ing and effective communicating.