This thread is doing a great dis-service to the community. Do not trade this. I am continuing to illustrate the blow-up to come. All this trade had to do was to go the other way and it would be over very, very soon...There is not any way for this system to know which way the price will go...it should always be in a position that it does not care.
The problem now is that the capital has almost doubled and it can survive a little bit longer...but again that monthly chart is proof that there will not be a problem to blow up this system...There is not any way the NAV can keep up with the drawdown to come on a martingale system such as this (on any martingale system).
Start Capital: $4,000.00
# of Calendar Days Traded: 39 (Start = 01/15/12)
Profit: $3,174.18
Float: $-7.51
NAV: $3,166.67, 79.17%
Projected APR: 740.92
The problem now is that the capital has almost doubled and it can survive a little bit longer...but again that monthly chart is proof that there will not be a problem to blow up this system...There is not any way the NAV can keep up with the drawdown to come on a martingale system such as this (on any martingale system).
Start Capital: $4,000.00
# of Calendar Days Traded: 39 (Start = 01/15/12)
Profit: $3,174.18
Float: $-7.51
NAV: $3,166.67, 79.17%
Projected APR: 740.92