Thread: Martingale Simulator (you go bankrupt every time)

Kiwa, no wonder you're out peddling Martingale if you do not even know the idea of risk. Now everything makes sense.

Originally Posted by ;

Example.I possess 2000 usd. I wager 40usd which is just 2% of my account. Yet suppose that my baldness is simply 6 pips. I wouldn´t be losing 2% of my account on the place which was taken.

Afterward your risk is not 2%. If your position size is S units (1000 for 0.01 lot), your stop loss is 6 pips along with your equity 2000 USD, assuming you're investing in a pair where the quote currency is USD (for simplifiion), then your risk is:
R = S x abs(entrance price - stop price) / 2000
R% = R x 100
In your example, the minimal risk (with a 0.01 lot size) is:
R = 1000 x 6 x 0.0001 / 2000 = 0.0003 = 0.03 percent

Note your 40 USD 'wager' appears nowhere in the equation. That should give you a clue.

Originally Posted by ;

Kiwa, no wonder you are out peddling Martingale if you do not even know the idea of risk. Now it all makes sense. quote Afterward your risk is not 2%. If your position size is S units (1000 for 0.01 lot), your stop loss is 6 pips and your equity 2000 USD, assuming you are trading a pair where the quote currency is USD (for simplifiion), then your risk is: R = S x abs(entry price - cease price) / 2000 R% = R x 100 In your instance, the minimum risk (using a 0.01 lot dimensions) is: R = 1000 x 6 x 0.0001 / 2000 = 0.0003 = 0.03% Note that your 40 USD 'wager'...

Let us try to google the term risk.
verb 1.
Expose (somebody or something valued) to threat, injury, or loss....




I wonder what we're exposing of value to threat, injury, or loss.... That would be your capital. As you mentioned the minimum risk being the actual LOT dimensions you entered into the market. That is what you are RISKING. It doesn't have anything to do with breaking up the entry price mins your stop loss. That would indie that if a person as NO cease loss, which they have no risk correct. Based on your miracle formula. Which of course is non-sense. Even if you have 0 stop decrease your risk (wager) stays the same. If someone asked you How much are you risking it is a dollar amount. Which would represent a portion of what it is you are wagering thus making it a %. So jexter I would love it a lot if you do any further reading! Everything you silly ducks are calculating is the % of your account you are risking to drop to the market. That is not your RISK. As stop losses could be passed directly over leaving you with a margin call. Of course that's a REALITY, although another instance. Another thing that can not truly be quantified. Exactly the same as for options. Everything you wager is a part of your complete account. Which means that's what you are RISKING! It's the amount of money that's EXPOSED to the market!

Originally Posted by ;

quote.. .random bullshit semantics... As you mentioned the minimal risk being the actual LOT size you entered into the market. That's what you are RISKING. It has nothing to do with dividing the entrance price mins your stop loss. That would imply that if someone as NO stop loss, that they have no risk correct. Based on your miracle formula. Which of course is non-sense. Even in the event that you have 0 stop decrease your risk (wager) stays the same. If someone asked you much are you risking it's a dollar amount. Which would signify a portion...

Wrong. No stop loss = 0. Meaning that you risk the complete amount: entrance price - 0 = entrance price. That is the reason why there is such a thing for a margin call, Einstein, so that at most you can only lose the amount of money you put in, and not the amount borrowed on margin.

Originally Posted by ;

So jexter I would appreciate it a lot if you do any further reading! What you silly ducks are calculating is that the % of your account you are risking to drop to the market. That's not your actual RISK.

Are you fucking serious?

Originally Posted by ;

As prevent losses can be passed right over leaving you with a margin call.

The very rare cases where this can occur are on price gaps and intense volatility requirements (flash accident). Way to build your argumentation on exceptions to the rule instead of on the rule.

Originally Posted by ;

I wonder what we're exposing of significance to danger, injury, or loss.... That could be your funding. As you mentioned the minimal risk being the actual LOT size you entered to the market. That's what you are RISKING. It has nothing to do with dividing the entry price mins your stop loss. That would imply that if a person as NO stop loss, that they have no risk right.

You have it backwards. If they have no stop loss, there's nothing stopping the market out of tanking against their position and exposing them to unlimited losses up into the margin call. If you use a stop loss, you tell your broker you're willing for the market to proceed however many factors against your position before you call it quits. That is how you limit risk in gambling. If I have a $1000 account and my stop loss is placed at a point where I would lose at most $20 at a loss, my risk is $20 not $1000, if we ignore the issue of slippage which can sometimes happen. The lot size you choose is what decides how much you gain or lose per point the market moves in favor of or against your entry.

Originally Posted by ;

Based on your wonder formula. Which of course is non-sense. Even in the event that you have 0 stop decrease your risk (wager) remains the same. If a person asked you How much are you risking it's a dollar amount.

Not necessarily. It is going to have a dollar number representation, but when I risk 2 percent that two percent could represent unique numbers based on my current account balance.

Originally Posted by ;

Which could represent a portion of what it is you are wagering thus making it a percent.

Huh? No, no no. It would represent all of what you're wagering. 2% of my account is exactly what I am wagering - say that's $20 of my $1000 account. I am willing to lose that $20 in my trade if I am incorrect, not a portion of it.

Originally Posted by ;

Therefore jexter I would appreciate it a lot if you do some additional reading! Everything you silly ducks are calculating is that the percent of your account you are risking to drop to the market. That's not your actual RISK.

Assuming your stop loss is placed correctly, yes in fact it's. I really don't understand why this is such a tough concept for you to grasp.

Originally Posted by ;

As stop losses can be passed right over leaving you with a margin call.

Wrong. Unless your broker has decided to actually fuck you and shut outside of weekend hours, your stop loss is going to be implemented as a market order. Sometimes you can find some slippage in big moves but unless you're risking way more than you should be then the losses are tolerable on the rare occasion it happens.

Originally Posted by ;

Of course that is just another instance, but a REALITY.

I am really not sure what type of reality you live in but it is not exactly the same one as the rest of us.

Originally Posted by ;

Everything you wager is a portion of your whole account. Which means that is what you are RISKING! It is the total amount of money that's EXPOSED into the market!

So how is it that you do this but screw up the remainder of your article?

Originally Posted by ;

quote If I have a $1000 account and my stop loss is placed at a stage where I would shed at most $20 at a reduction, my risk is $20 not $1000, if we discount the dilemma of slippage which can occasionally happen. The lot size you select is what determines how much you gain or lose per stage the market moves in favor of or against your entry.

In proper again. What you RISK is the market exposer. Meaning the amount of money you paid for the lots which you own. That is your wager. That is your risk! This notation which you and your groupies are referring to is The amount of money you are ready to lose which isn't the money you're risking to lose. Ever heard of the expression risk to triumph in sport wagering? You risk ( your true wager) to acquire a particular amount. It's not possible to risk something if you don't wager.

Originally Posted by ;

quote In correct again. What you RISK is your market exposer. Meaning the amount of money you paid for the lots that you own. That is your bet. That is your risk! This notation that you and your groupies are speaking to is the total amount of money that you are ready to lose that is not the money you're risking to lose. Ever heard of the term risk to triumph in sports wagering? You risk ( your actual wager) to acquire a particular quantity. It is impossible to risk something in case you don't bet.

Either you are a troll or you are an idiot. Get out of my thread.

Originally Posted by ;

quote In correct again. Everything you RISK is the market exposer. Meaning the sum of money you paid for the lots which you own. That is your wager. That is your risk! This notation which you and your groupies are referring to is the total sum of money that you are ready to lose which isn't the money you are risking to lose. Ever heard of the expression risk to win in sport wagering? You risk ( your true wager) to win a certain amount. It's not possible to risk something in case you don't wager.

Originally Posted by ;

quote Either you're a troll or you're an idiot. Get out of my thread.

LOL....

My Friend . . Trust me, you can not update fossil brain...

Originally Posted by ;

quote quote LOL.... My Buddy . . Trust me, you can't upgrade fossil brain... picture

I seldom ever add people to my iggy. I was tired of moving in the very same circles with this guy. There were 3 other traders here with great knowledge who strove and one who's still trying to get things through his thick head. I really don't believe that they'll succeed, some people just learn much better by going bankrupt.

Except for those awaiting adjustments, I will probably do that this weekend. Yesterday, I didn't get around to it and now is Thanksgiving.

I feel some threads just require some demand IQ test to be passed from the participants in order to post. , thanks once more for this great simulator! Do not pay attention.

I nice graphical variant by Proximus: https://www.nigeriaforextrading.com/...-disabled.html

And there are still people to say it works!