Hello i started to invest in a live account and i ould like to know what is your consecutive losses to be more clear how many positions have you lost in a row, it’s for my martingale strategy , thank you
Is your question directed specifically to people using the Martingale strategy? Or for general traders trading live accounts?
I’m not sure what you are asking this question for, because although some traders may lose more than they win, their average win is much higher than their average loss (and therefore they’re still able to profit from trading).
Shouldn’t your question also include average loss amount?
It’s for general traders and i want to know how many losses you did in a row for exemple 5 consecutive losses without winning a trade
n+1
where
n := amount of trades you can loose before your account goes busto
(btw, sooner or later its always n+1)
I agree with jonnycash. If you are new, prepare to go bust (probably more than once - maybe several times). You can’t learn what you need to learn just by reading. The tricks and lessons simply do not sink in until you break the rules and see why they were made rules in the first place. For this reason, do not gamble in the markets with too much money. Keep your account small until you can prove to yourself and the world that you have developed a systematic trading methodology that is consistently profitable. Then and only then should you consider adding more capital from your savings account. This point usually takes 5 to 15 years to arrive at. Depends on the person. A big help is to remember these two things; this is gambling so you need to follow some of the rules of gambling to survive. Never make the same mistake twice.
thanks for your advices but the forex is a pure gambling you can’t know the future trend , i tried 1 pips taget methode my account was bankrupted , i tried a lot of indicators my balance was always on negative , tried fundamental analysis with news releases sometime profitable but need to be quick and have a fast execution broker or you will be f***d up, simple exemple on thursday euro was falling for no reason , no news released you can’t predict a crash so the best way to success in forex is to use tricks if you try to predict the trend you will always loose like 90% of the traders , the other 10% are just lucky and they will probably blow up their account few days/months later
maybe true, but that trick cant be simple martingale … the underlying strategy HAS to be profitably, else its just a matter of time.
best advice would be: code your strategy in an EA and do backtests … then you will get the answer you are looking for
but an EA will never be like human reactions the best is to trade manually to adapt your strategy with the market moves
when you are able to “teach” the EA the same logic that you use in manual trading then an EA is always better … it doesnt sleep, it doesnt get emotional and it works like a slave for you while you play golf
haha true but i don’t know how to code an ea
well, that is a disadvantage you can get rid of 
First week of December 2013 between 900 to 980 pips. However, no damage was done to my accounts as I trade small lot sizes.