I am actually interested in this as well. Anyone?!?
search for martingale
Its a betting system which multiplies the bet each time there is a lose until you win once (if you win) and reclaim ur cash + the first bet
this betting style is very dangerous, try other type
this is much safer
http://www.fortunepalace.co.uk/dalembert.html
I agree...however, it certainly depends on how much you initially invest and the amount of funds that you have to carry you through loses. I am not advocating this type of system, but I am not disputing its possibility for success either.
tradetilidie:
So basically you are saying that this type of system is completely invalid?
So basically you are saying that this type of system is completely invalid?
10 losses in a row isn't rare. Do you have an account that could open 2**10 or 1024 times your initial order? Doubt it. So it blows your account.
20 losses in a row happens occasionally. Do you have an account that could open 1,048,576 times you initial order....
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Hi,
I want to add the feature of "Doubling" in my expert, that is, if the previous order closed on loss or ">0" then the Lot size will be doubled, and when finally the trade close on profit then the lots come back to its normal lot size.
I am waiting for your help, and thanks in advance.