Self Recovery System
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Hello Everyone, i built a self recovery system that recovers when you are in loss in the current trade it take an opposite trade based on the current loosing trade to get the required lot size, but sometime it take too many at a time, if anyone has a good strategy that doesnt take too many trades at a time, one take at very good specific conditions please hit me up lets work together willing to share, right now it can make profit for 3 months and blow account the 4th month....
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It looks like a martingale. If it is based on it, there is no solution for that. That's what martingales do.
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@l-andorrà Its not martingale, its something else, it can basicilly use any any strategy to work with
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@l-andorrà Its not martingale, its something else, it can basicilly use any any strategy to work with, and you are not betting same position with a higher lot
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Did you try the strategy with a 99% quality tick data for 10 years? That would definitely convince me.
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10 years?? Goodluck.
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This is a test i did, from 2013, it crashed after 2015, martingale cant go 2 years, hence it needs improvements, you can see the profit before the crash it was at 25000+++
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just money managment
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@ehsan1362 Thanks will look into that, if you have any suggestions please share
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@chrisbe If you share your money management part, maybe it can be improved
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The money management will not fix the problem. If you decrease the invested amount by 50% and so it doesn't blow the account after 2 years, the profit will also decrease by 50%. Hence it will require twice the time to reach the same profit, and also multiply by 2 the chance(decreased of 50%) of blowing the account. 2*50%=100%, same situation.
If your strategy isn't profitable with this simple rule :- if up signal ->long x lots
- if down signal ->short x lots
- if no signal ->close position
It is not profitable with any other (controlled) money management.
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@seb-0 sorry would you please explain more about this rules
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If you're using just martingale, then backtest result it's just a luck.
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@ehsan1362
There isn't much more to say because money management should just be as simple as that. And invest enough to have a draw-down as close as possible to 100% but always below, so you optimize the gain and don't blow the account.
All the importance and the complexity lies in the ability of forecasting/predicting price moves. Up or down.
