Anti-Martingale

March 1st, 2013, 03:14 AM

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

March 1st, 2013, 04:19 PM

Anyone? Anyone? Bueller?

Mike

July 14th, 2013, 05:01 AM

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.

July 25th, 2013, 01:36 PM

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

Anti-Martingale

Discussion in Psychology and Money Management

Anti-Martingale