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Kitchen Martingale

Started by Kav, Sep 11, 08:10 PM 2019

Previous topic - Next topic

0 Members and 2 Guests are viewing this topic.

ozon

I have a slightly different question.
If we already have an edge, I am not writing about roulette, but about forex.
If I already have a good strategy that has an edge, which MM is best to optimize.
I wanted to play a little.
I have a swing strategy, but I thought I would put it in EC bets.
11 pips TP and 10 SL.
Here the question is even to AP players, how do you optimize wins with edge.
At the beginning I just think about 3 steps positive progression.
1-2-4, if we know that there will be more winnings, it should help us.
But I'm curious about your opinions

Kav

I have no idea what "11 pips TP and 10 SL" means.

Betting with an edge? Search Kelly criterion

luckyfella

Quote from: Kav on Oct 02, 06:19 PM 2019
I have no idea what "11 pips TP and 10 SL" means.

Betting with an edge? Search Kelly criterion
By that bolded sentence ozon, are you aware your question is directed at someone who is ignorant in fx ?

The answer you seek is,

Determine your winrate.

Use this winrate to determine the max win/loss streak. Use your brains to figure out how to design your MM upon this determined facts of your scalping method. Your main criteria should be to avoid risk of ruin. That includes volitility which brings into account your 10pips sl.
Goodbye everyone - 20/10/2019

luckyfella

Quote from: ozon on Oct 02, 05:38 PM 2019
I have a slightly different question.
If we already have an edge, I am not writing about roulette, but about forex.
If I already have a good strategy that has an edge, which MM is best to optimize.
I wanted to play a little.
I have a swing strategy, but I thought I would put it in EC bets.
11 pips TP and 10 SL.
Here the question is even to AP players, how do you optimize wins with edge.
At the beginning I just think about 3 steps positive progression.
1-2-4, if we know that there will be more winnings, it should help us.
But I'm curious about your opinions
You have to account for the cost of commission, spread and slippage.

The net profit of a winning trade is lesser than this 11p measure.

And the cost of your losing trade is more than this 10p.

About your 11pips tp, you must account for the spread which can widen during volatile periods. So it might not be triggered.

Even if the chart shows that price touch your tp, there is no guarantee that your order will be filled in live market.

Factors to consider.
Goodbye everyone - 20/10/2019

ozon

Luckyfella
  I know all this, I'm using a broker with 0.6 pips commision.
And GBPJPY pair, which is very volatile, trades in london and NY sesion, spread is low.
I try to use swings in the most interesting way.

luckyfella

Quote from: ozon on Oct 04, 08:19 AM 2019
Luckyfella
  I know all this, I'm using a broker with 0.6 pips commision.
And GBPJPY pair, which is very volatile, trades in london and NY sesion, spread is low.
I try to use swings in the most interesting way.
Read Hanover's post.
link:s://:.forexfactory.com/showthread.php?p=188593#post188593

Read this link.
link:s://:.soccerwidow.com/football-gambling/betting-knowledge/value-betting-academy/learning-centre/betting-terminology/science-calculating-winning-losing-streaks/
Goodbye everyone - 20/10/2019

ozon

Thanks for interesting topics
Many traders have limited knowledge about MM, I reached trading from gambling.
I believe that thanks to e.g. Labby, and 2000 units
And of course a good strategy can beat the market.

el hungaro

Hi guys. Nice stuff from GLC.Possibly such a video Lanky 6 point divisor?With a software which works.Thanks

Joe

Quote from: Kav on Nov 01, 07:39 PM 2019Any other suggestions of system you would like to see presented?

How about the star system? Designed for Blackjack but could be used on any even chance game.
link:s://:.rouletteforum.cc/index.php?topic=8723.0

It's similar to the mongoose in that it relies on two wins in a row for success.
Logic. It's always in the way.

Kav

el hungaro,
I don't who you are (you are obviously NOT a new member) but I totally agree with you. GLC and Lanky, together with Bayes and a couple others were the best posters of this forum (or any forum).

The divisor is in my top 5 systems posted anywhere ever, and this says a lot. This one I'd like to do myself and not another member of Rouletteman. And since I'm not yet very experienced with video presentation of systems this may take some time before it's done.

Joe,
Is this the well known "Carsch Star" system? Because if it is, I have discussed about it, since it is quite famous, and nobody from the team wants to do it, because they don't like it. Personally I have no experience with it. But I did a quick search and I found that both Bayes and GLC liked the Stars system, so I will certainly take a closer look. Thanks

el hungaro

I really have been with you for a long time many years .Unfortunately I do not speak English.it has become so clear over the years that a system must consist of two parts.a defense and an attack.I think it's worth going back to old systems and trying to improve it.I'm working on Mr. opps" doozy dozen" system.I developed it a bit.I need the first hit to attack.I've tried many things, but I haven't managed to solve it yet.maybe a lanky divider will help.I would like to thank both forums.I learned a lot.Dr Talos gave me the strength to continue my journey.GLC, Flatnio(RIP),.Bayes,Reyth,Jerome,Bluangel,Third,and the others.great comments.thank you very much.I never give up.

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