Martingale Challenge

Don't chase your losses, it doesn't work. You will eventually bust your bank.
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gazuty
Posts: 2556
Joined: Sun Jun 26, 2011 11:03 am

Derek27 wrote:
Wed Sep 29, 2021 7:56 am
But what's your secret sauce Gazuty? How do you manage to get him to tell you that he likes eating apples when I can't extract basic information about the topic that he himself started? :)
I was being unfair, and was looking to lure the OP into a conversation per https://www.youtube.com/watch?v=hIdsjNGCGz4 ; along the lines of "so you come to a trading forum, post some obscure bets with an obscure algorithm and try to show off?"

Then we were going to discuss maths. But then the thread took off like wildfire and I lost interest ....

Still the OP likes apples - https://www.youtube.com/watch?v=jJ0db-d6Qvk - so at least that is known.
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wearthefoxhat
Posts: 3559
Joined: Sun Feb 18, 2018 9:55 am

So that's +15 pts-ish on Kahins "Lay" Martingale system. What's not to like. Wotta a player!
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Kai
Posts: 7096
Joined: Tue Jan 20, 2015 12:21 pm

Derek27 wrote:
Tue Sep 28, 2021 10:47 pm
He posted his guaranteed to doom system to five forums.
I actually counted 10 different forums in my initial search 🤦‍♂️ Can link all if you want.
gazuty wrote:
Wed Sep 29, 2021 7:31 am
Kai or Pat, as my conscience, let me know if I am being unfair to the OP and I will delete.
Nonsense Gaz, it's one thing to attempt a martingale strategy on your own but imagine giving out actual tips and instructing others how to do it on at least 10 different forums. It's beyond irresponsible to say the least. Deserved nothing else but to fail so spectacularly :lol:

It's easy to say whatever AFTER you get caught, but I wonder what he would say if some of those random bets landed 🙄

If there's one thing that really grinds my gears it's someone looking to selfishly profit off the misery they themselves cause.
Trader Pat
Posts: 4327
Joined: Tue Oct 25, 2016 12:50 pm

Kai wrote:
Wed Sep 29, 2021 2:44 pm
gazuty wrote:
Wed Sep 29, 2021 7:31 am
Kai or Pat, as my conscience, let me know if I am being unfair to the OP and I will delete.
Nonsense Gaz, it's one thing to attempt a martingale strategy on your own but imagine giving out actual tips and instructing others how to do it on at least 10 different forums. It's beyond irresponsible to say the least. Deserved nothing else but to fail so spectacularly :lol:

It's easy to say whatever AFTER you get caught, but I wonder what he would say if some of those random bets landed 🙄

If there's one thing that really grinds my gears it's someone looking to selfishly profit off the misery they themselves cause.
Not unfair at all Gaz, I'm with Kai on this 100%.

If he was only on the BA forum then you might be able to give him the benefit of the doubt and just call him misguided, but the fact he was on at least 10 forums can only mean one thing...
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Kai
Posts: 7096
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Derek27 wrote:
Wed Sep 29, 2021 7:56 am
My prediction is that we won't hear from him again.....if he's read all our comments.
I think so too, don't see how he can show up again after he's backed himself into a corner by saying he'll go with real money next time? :) Can't spin that one anymore, surely. Would have to admit he lost it all or that he's not using real money once again.

And as to how much he's read, according to his forum profile and his last forum visit it says he read up until this post on page 13 : viewtopic.php?p=278544#p278544

Seen him online browsing the forum that evening as well, he probably gave up since the random bets weren't landing. Unlucky! :D
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

gazuty wrote:
Wed Sep 29, 2021 8:17 am
Derek27 wrote:
Wed Sep 29, 2021 7:56 am
But what's your secret sauce Gazuty? How do you manage to get him to tell you that he likes eating apples when I can't extract basic information about the topic that he himself started? :)
I was being unfair, and was looking to lure the OP into a conversation per https://www.youtube.com/watch?v=hIdsjNGCGz4 ; along the lines of "so you come to a trading forum, post some obscure bets with an obscure algorithm and try to show off?"

Then we were going to discuss maths. But then the thread took off like wildfire and I lost interest ....

Still the OP likes apples - https://www.youtube.com/watch?v=jJ0db-d6Qvk - so at least that is known.
:lol: :lol: I must watch that film. :)
kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

I have read all your comments
I read carefully all comments
yes i lost some
this is true
because all bets are lost
but i'm not done financially
financially I'm not out of all my money
I did not invest in the first series
but i lost twenty thousand in the second series
had bad results
My father is from Kuwait and my mother is Turkish.
both are not alive
I have a pension from my father(kuwait dinar)
I think I can't use this money for 3-4 months
no problem and i'm working
I'm translating arabic to turkish in a global company.
extra:Book translation and similar jobs
i have a car and 2 houses
and i want to buy the 2nd car
by betting
the voice inside me whispers
it's not over yet
I'm undecided but I want to bet
this is a real war for me now
and i want to fight
oh my god raise your hand
because i want this
jamesg46
Posts: 3771
Joined: Sat Jul 30, 2016 1:05 pm

Well, the level of bizarre just went through the forum roof.
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Dallas
Posts: 23536
Joined: Sun Aug 09, 2015 10:57 pm

kahin wrote:
Wed Sep 29, 2021 6:43 pm
I have read all your comments
I read carefully all comments
yes i lost some
this is true
because all bets are lost
but i'm not done financially
financially I'm not out of all my money
I did not invest in the first series
but i lost twenty thousand in the second series
had bad results
My father is from Kuwait and my mother is Turkish.
both are not alive
I have a pension from my father(kuwait dinar)
I think I can't use this money for 3-4 months
no problem and i'm working
I'm translating arabic to turkish in a global company.
extra:Book translation and similar jobs
i have a car and 2 houses
and i want to buy the 2nd car
by betting
the voice inside me whispers
it's not over yet
I'm undecided but I want to bet
this is a real war for me now
and i want to fight
oh my god raise your hand
because i want this
Everyone who has contributed and replied to this thread have told you (and everyone else who's asked before you in the previous 1000 martingale threads on here) NOT to use Martingale or any other loss recovery system because everyone is 150% guaranteed to lead to the same outcome - blown bank

You choose to ignore all those comment and wanted to see what it was like to 'Walk off a Cliff' - not once but twice and racked up losses over 20K on both occasions

No matter how many times you try it or what you bet on or how you pick your bets this method will ALWAYS result in a blown bank its a mathematical certainty

Bet or trade by all means but do NOT use a loss recovery
kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

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.
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ODPaul82
Posts: 808
Joined: Sun May 08, 2011 6:32 am

Can I make an honest suggestion, rent one of the houses out, get some steady income and forget about the betting.
Live off the pension, invest a bit somewhere

You will lose everything and be living on the streets if you carry on attempting to do what you are doing.

Maybe look up a strategy called goalwatch
kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

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
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ODPaul82
Posts: 808
Joined: Sun May 08, 2011 6:32 am

kahin wrote:
Wed Sep 29, 2021 7:25 pm
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.
kahin
Posts: 46
Joined: Sun Apr 04, 2021 11:05 am

ODPaul82 wrote:
Wed Sep 29, 2021 7:28 pm
kahin wrote:
Wed Sep 29, 2021 7:25 pm
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
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ODPaul82
Posts: 808
Joined: Sun May 08, 2011 6:32 am

No, that's being stupid. If you wan't to make money doing this type of thing it's not about bravery, or fights, it's about controlling emotions, losses and understanding the markets.

Even just read on here to become a trader, don't utilize an approach as dumb as martingale.
Try tennis trading instead of football.
Just not martingale.
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