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Anti-Martingale
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Anti-Martingale

  #1 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
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Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
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Anti-Martingale

Who here is actively using an anti-martingale approach in their trading?

Basically:

- Starting with multiple contracts, but not your maximum number
- If market moves against position, start peeling off - until flat
- If market moves in your favor, start adding more - until at max

I'd like to hear from those using it so I can ask a few questions, such as:

- Do you consider yourself a scalper, day trader, swing trader?
- For any given single trade (flat-to-flat) what percentage of the total daily range do you capture on average? [swing traders can expand this to a weekly or monthly range as appropriate]

Mike

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  #2 (permalink)
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  #3 (permalink)
Site Administrator
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Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
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Anyone? Anyone? Bueller?

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #4 (permalink)
Trading Apprentice
Auckland
 
Futures Experience: Beginner
Platform: Ninjatrader
Favorite Futures: Forex
 
Posts: 4 since Jul 2013
Thanks: 4 given, 0 received

It's an interesting idea. I haven't tried it, but I plan to document my trades carefully. If they're truly random, then theoretically it shouldn't work. However if losing or winning trades tend to cluster together (could psychology be a factor?) THEN- the anti-martingale may be a boosting strategy. Time will tell.

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  #5 (permalink)
Trading Apprentice
Kailua-Kona, HI
 
Futures Experience: Master
Platform: Esignal/IB/Redi/optionvue
Favorite Futures: ES, KOSPI, FX, options
 
FXwulf's Avatar
 
Posts: 29 since Mar 2013
Thanks: 41 given, 195 received

lol @ Bueller

love it

Mike I personally always press winners on any and all TF's Im trading

Always being mindful to scale in in DECREASING lot sizes to make certain my aggregate stays as close to the original entry as possible

It is just good money management. I also voluntarily adhere to FIFO if my strategy dictates i should not cover the entire position and instead scale back out..... Which in effect is anti-martingale and really is just a responsible professional traders way to trade.

It was a major turning point in my trading when I learned to properly press winners

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