NB remember there is something called " Netting strategy" !
There is a difference between " Sure-fire martingale strategy " and " Pure martingale strategy ".
You are mostly making use of a " Sure-fire martingale strategy " and by using that type of strategy in a range market it back-fire very hard and will drain you account very quickly.
Hedging is just about betting against your previous losing position(s) to avoid a loss - its limit is your margin.
What matter is the "WWWWHH" :
I hope this will help you understand. Usually people who trade based on support and resistance, can trade this kind of strategy.
All the best.
It strange! I haven't read you PDF yet. I know this strategy from somewhere else on the net.
I had just share this strategy in a form of images so he could understand the difference between a " Sure-fire martingale strategy" and a simple " Hedging strategy ".
Now you have shown that you do not understand what martingale is.
What you have described is Grid Trading
Its not my PDF! I just attached it so people could read the original instead of looking at YouTube videos or screenshots. Either way, it is the same old story that does not work! Please do not delude yourself!
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