Increasing Size During Drawdown

[bone]

Quote from Swan Noir:

I think the point of some of these posts is that there are Martingale like approaches (not full Martingale) that are exposed that we all know are weak risk/reqard plays even if they "work" for awhile.

Agree completely. Never seems to end well.

 

[oldtime]

Quote from Swan Noir:

I think the point of some of these posts is that there are Martingale like approaches (not full Martingale) that are exposed that we all know are weak risk/reqard plays even if they "work" for awhile.

Quote from intervention:

and if it is bringing him money

and that is simply why I asked the question

has anybody ever run the numbers?

 

[SimpleTrades]

Oldtime, do you realize how funny it is to see you called a gambler by others when only days ago you were accusing me of being a gambler?

 

[SimpleTrades]

Quote from SimpleTrades:

Oldtime, do you realize how funny it is to see you called a gambler by others when only days ago you were accusing me of being a gambler?

By the way I recently doubled up on my EURUSD long despite the fact it was against me over 280 pips.

 

[oldtime]

Quote from SimpleTrades:

Oldtime, do you realize how funny it is to see you called a gambler by others when only days ago you were accusing me of being a gambler?

I really don't care what they call me, as long as you know what you are

 

[Swan Noir]

And I answered the damn question at the time:

Swan Noir
Registered: Jun 2009
Posts: 1697

05-14-13 05:12 PM
We all ran the numbers. The vast majority of traders we know that do it blow up.

Quote from oldtime:

and that is simply why I asked the question

has anybody ever run the numbers?

 

[oldtime]

Quote from Swan Noir:

And I answered the damn question at the time:

Swan Noir
Registered: Jun 2009
Posts: 1697

05-14-13 05:12 PM
We all ran the numbers. The vast majority of traders we know that do it blow up.

Quote from oldtime:

and that is simply why I asked the question

has anybody ever run the numbers?

well, there's always the possibility they are not doing it right

 

[oldtime]

far be it from me to compare myself to Warren Buffet

but he will buy a company

and if the price goes lower

he will buy more

 

[bone]

Quote from oldtime:

well, there's always the possibility they are not doing it right

And I also suggested to you in a previous post that you do the exercise yourself, using your own trading statements. Your drawdown characteristics and your trading system is unique to you. As I posted before, it is easy enough for you to run the numbers for yourself on your own trading results. And much more relevant to your situation. Getting lazy in your old age ?

 

[SimpleTrades]

Quote from oldtime:

well, there's always the possibility they are not doing it right

Have you run the numbers on a system that adds through a gradually decreasing size (S)?

For example: S + S/2 + S/4 + S/8 + ..... = 2S.