Reverse Martin Gale strategy

Discussion in 'Trading' started by peilthetraveler, Nov 27, 2009.

  1. charts

    charts

    ... you can search from these posts:
     
    #21     Nov 27, 2009

  2. Pyramiding : the art of blowing out your
    account with what was a previously profitable trade.
     
    #22     Nov 28, 2009
  3. MKTrader

    MKTrader

    Oscar's Grind is another type of anti-Martingale strategy. It's mostly used in casinos, but could be applied to trading. Like Martingale (and unlike pyramiding), it only seeks to make 1 unit of profit and then starts the series over again.
     
    #23     Nov 28, 2009
  4. anti martingale = martingale = fixed size bet = anything else

    if you gave an edge all will work, if you dont no one will.

    focus on achieving an edge all the rest is secondary.
     
    #24     Nov 28, 2009
  5. [​IMG]
     
    #25     Nov 28, 2009
  6. If you add to a winning position with increasing position sizes (as in a true anti-martingale), then your breakeven post gets consistently higher and it's easy for a huge winner to turn into a loser.

    That being said, you'll have to establish a criteria for WHEN to exit with a profit, just like martingalers have to decide WHEN to stop adding and call it a loss.
     
    #26     Nov 29, 2009
  7. that's why it's called pyramiding and not inverted-pyramiding. :)

    Pyramiding assumes the first entry is the largest, and the new entries from there on are smaller and smaller the more entries you have. Pyramiding if done correctly can make a whole year... we have to take advantage when trends are active :).

    I've had trades that I added 9 times, AFTER my original entry ! the additions made up around 60% of my profits
     
    #27     Nov 29, 2009

  8. how do you blow out your account with a profitable trade?


    answer: let it turn into a loser.


    question: why would anyone allow that to happen?
     
    #28     Nov 29, 2009
  9. Just start Pyramiding your winning trades and you will figure it out.
     
    #29     Nov 29, 2009


  10. I'm not familiar with Pyramiding ... outside of Amway.


    risk/money management is everything ... if you're up, you have virtually no risk. (depending on your timeframe of course)
     
    #30     Nov 29, 2009