- Do you use martingale strategy?
- Islamic account
- Do you like Ea with martingale strategy?
Short term profitable, long term disaster.
Profitable. If you choose a sensible lot, multiplying factor and good account balance.
Grid and Martingale aren't strategies, they are gambling. If you have infinite funds, and no limit on lot sizing, then yes, theoretically they are both profitable. But you don't have unlimited funds (because if you did, why are you trading at all?), so it's only a matter of time before the stakes get too high for you to continue your trading method. You're gambling that you can squeeze some profits and leave before a string of losing trades (or trend breakout with grid) busts your account.
Ajmal Jamseeth:
Profitable. If you choose a sensible lot, multiplying factor and good account balance.
totally agree with you plus if you add an Equity drawdown protection against strong market movements in one direction sure makes it safer and not infinite!
Profitable. If you choose a sensible lot, multiplying factor and good account balance.
it does works but for very short time.
It depends how the coder thought it.
Most of those strategies hedge/martingale/grid comes without stoploss, or one of those fancy's equity stop : by experience, I can say that's dangerous.
Otherwise yes, it's profitable.
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