Martingale Challenge

[Kai]

You do not understand me
This incident has now turned into a street fight.
logic ends in a fight
and I want to hit the last punch

I understand you perfectly, you're chasing losses in a desperate attempt to get the money back.
Which is utterly foolish, you are now approaching it emotionally rather than pragmatically.

I'm just trying to be brave

The only brave thing is to accept the losses, only a coward would be running from his losses and chasing what he lost.

But can you please stop posting your tips on so many forums? It's dangerous and reckless. Unless you want people to lose their money as well.

This is the wrong way to become a big tipster or big bettor or whatever, the math behind martingale can make you lose everything in a single day.

And like Paul said, you have already lost your war if you get emotional about your losses and want to instantly get them back. What usually happens here is people lose even more.

If your bets have POSITIVE EXPECTANCY (+EV) then you don't need martingale to make profit, learn about value betting and trading instead of gambling with martingale.

[Trader Pat]

For the record I don't believe any of this BS

[Kai]

For the record I don't believe any of this BS

Ultimately it doesn't matter whether OP is genuine or not, it doesn't make the forum advice any less valid or relevant for those that DO desperately need the advice.

[Euler]

For the record I don't believe any of this BS

Ultimately it doesn't matter whether OP is genuine or not, it doesn't make the forum advice any less valid or relevant for those that DO desperately need the advice.

Ultimately others will read this thread and take some advice from it, so let's make it good advice. It's a good point for future referral, even if a bit odd.

[Trader Pat]

For the record I don't believe any of this BS

Ultimately it doesn't matter whether OP is genuine or not, it doesn't make the forum advice any less valid or relevant for those that DO desperately need the advice.

Agree but everyone's had their say now and we all agree that Martingale is a non viable betting strategy. I think entertaining this nonsense after a certain point is counter productive though.

Lets get back to what makes this forum great... Kai's memes and Derek's musings!

EDIT: Oh and the odd bit of trading advice!

[Euler]

Y, that's true. It is a distraction, from the last martingale thread.

[Trader Pat]

And the next martingale thread

[kahin]

people can be scared when they have little money.
and i respect that

[Derek27]

He's back! And I've got another 3 pages to read! (One for each losing selection )

[kahin]

He's back! And I've got another 3 pages to read! (One for each losing selection )

do relax i'll be the last to laugh
this is preparation for war!!!

[Derek27]

but i lost twenty thousand in the second series
...
and i want to buy the 2nd car

Don't know how much your 2nd car will cost but you're 20K further away from it now. There's no easy way to say this, but you're crap at maths, have no understanding of betting or football and there is absolutely no chance of you making any money betting, so just give up.

It takes most of us (including the more mathematical traders) years of experience and hard work to even begin to consistently make money. You don't have the skill and are not prepared to put in any work to learn about betting, yet you expect to make enough money in a few weeks to buy a car.

What exactly did you risk that 20K for? How much did you expect to win if the first bet won? 300?

[Derek27]

I feel something good will happen
one last attack
with higher amounts
this will be a saga
more strongly!!
because this is my war
i have to be brave
and with the help of god.

A war against who? Yourself?

[Derek27]

You do not understand me
This incident has now turned into a street fight.
logic ends in a fight
and I want to hit the last punch

Don't start a fight on something bigger than you. You got absolutely hammered yesterday and it will happen again and again!

[Derek27]

people can be scared when they have little money.
and i respect that

You've got it the wrong way round. The scary thing is having a large amount of money and not having the mentality to manage it. It's bad enough spending six months preparing a system that loses £50K in two days. It's disgraceful posting it to ten forums encouraging other people to do it. That's why I replied to one of your posts on the Asian forum but you may have noticed most other forums have just ignored you.

[Derek27]

He's back! And I've got another 3 pages to read! (One for each losing selection )

do relax i'll be the last to laugh
this is preparation for war!!!

Don't kid yourself. It's not war, it's suicide, and we've done our best to advise you. Quit while you still have a house and car. Don't blow the pension that your father has worked hard for all his life just because you're too lazy to do any work.