Pls comment on 1-2-4-8 strategy

das

New Member
#1
Hi. I request your comment on 1-2-4-8 method. It will be day trading. It starts with one lot and if it fails, next time I buy/sell 2 lots and this time also if the stoploss hit, next time try 4 lots and if it also goes wrong, next 8 lots. Within these 4 trading, at least one trading will be favorable. I never tried this method. I am waiting for the commends from experienced hands.
 

suri112000

Well-Known Member
#2
Hi. I request your comment on 1-2-4-8 method. It will be day trading. It starts with one lot and if it fails, next time I buy/sell 2 lots and this time also if the stoploss hit, next time try 4 lots and if it also goes wrong, next 8 lots. Within these 4 trading, at least one trading will be favorable. I never tried this method. I am waiting for the commends from experienced hands.
Your joining is in 2009. Your question is not commensurate with your experience in traderji.

It is called "Martigale". You should have unlimited money and time to win this strategy.

It is not uncommon to have a loosing spree of 17 trades in a row. Imagine what would be your 18th trade bet. 10,48,576 lots. Do you have it in you?
 

DSM

Well-Known Member
#3
The other name for the 'strategy' is called 'financial suicide' Rest upto you....

Hi. I request your comment on 1-2-4-8 method. It will be day trading. It starts with one lot and if it fails, next time I buy/sell 2 lots and this time also if the stoploss hit, next time try 4 lots and if it also goes wrong, next 8 lots. Within these 4 trading, at least one trading will be favorable. I never tried this method. I am waiting for the commends from experienced hands.
 

Rish

Well-Known Member
#4
Hi. I request your comment on 1-2-4-8 method. It will be day trading. It starts with one lot and if it fails, next time I buy/sell 2 lots and this time also if the stoploss hit, next time try 4 lots and if it also goes wrong, next 8 lots. Within these 4 trading, at least one trading will be favorable. I never tried this method. I am waiting for the commends from experienced hands.
Why stopped 8 you can add 16 also......

You are inviting soup.

Don't do that..disaster
 

vijayanscbe

Well-Known Member
#5
Hi. I request your comment on 1-2-4-8 method. It will be day trading. It starts with one lot and if it fails, next time I buy/sell 2 lots and this time also if the stoploss hit, next time try 4 lots and if it also goes wrong, next 8 lots. Within these 4 trading, at least one trading will be favorable. I never tried this method. I am waiting for the commends from experienced hands.
This martingale is well known in forex and for MT4 traders.
Martingale had analysed in everyyyyyy possible ways, conclusion is it wins until it wins and in one death streak, account is blown.
 

madhavareddy1203

Well-Known Member
#6
This is the worlds best method.

Im giving guaranteee..... Cos im using this method.

But to use this method u must have exp.. then only u can understand..

to follow this method u have to follow more than 10 rules.. and this is the best method for only intraday traders and which having good moment.

Do the hard work.... and u will know..

Here some guys think .. may be its funny.. but its working.. thats why im still in market... Im having more than 7 yrs exp in market...

if it possible i will show proof today.. by this method..

I reserched this metod.. worked.. made lot of times loss... and finally got key to use this method...

All the best.
 

madhavareddy1203

Well-Known Member
#7
But to follow this method u have made good profits.. and aggressive guy.... if any thing happen (huge loss)u must take it as lite..... ( chances only 2%).. this scenario can applied for casino.. roulette..

Plz dont use this wihout exp and research.. most dangerous.. prepare for losses before only.. once ur capital double... then u have chances to earn more and more.....
all the best..

Guys seriously.. im not joking or faking.. its true.. if u have any doubt u check my profile and previous posts.. u can understand about my trading.
 

DSM

Well-Known Member
#8
Good to know and respect contrary opinion Madhava Reddy.

Do post the 10 more rules when you have time..... Possibly explain with chart if you can. Especially when you have reached 1-2-4 stage and enter with 8.

Thanks.


This is the worlds best method.

Im giving guaranteee..... Cos im using this method.

But to use this method u must have exp.. then only u can understand..

to follow this method u have to follow more than 10 rules.. and this is the best method for only intraday traders and which having good moment.

Do the hard work.... and u will know..

Here some guys think .. may be its funny.. but its working.. thats why im still in market... Im having more than 7 yrs exp in market...

if it possible i will show proof today.. by this method..

I reserched this metod.. worked.. made lot of times loss... and finally got key to use this method...

All the best.
 

DSM

Well-Known Member
#10
Madhava Reddy,

But the first rule seems to be contradictory to the strategy... as you are investing more in a losing trade at 1, 2 and 4 lots.... so after the first loss, you have 3 open positions. So how does being in a loss equate to keeping capital safe? It would rather mean one should exit the trade especially when the 2nd position (3 lots are going against you.....) Please explain if one has a capital of 5 lacs, what level of loss of capital, would one add a 2nd trade?

I never reached 8 in last 2 yrs... only in starting.. i failed...... i reached 8... but i changed metod completely..

rule 1: Profits second preference..... safe capital first..... u will get more chances to get profit.
 

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