A friend asked me if it’s possible to make money by
On my opinion, in every area could exist a professional
making an incredible job! My response to that question is always yes. I believe
talented traders can actually make a lot of money using “Martigale” system. The
true is that the more money you have, less complicate it is.
I think its funny when people give bad comments to a
signal when they actually knew it was “Martigale” before subscribing to it. On
my opinion, if you subscribe to a signal, you must study it before subscribing; afterwards you must close your eyes, cross fingers, and believe that the
professional behind the scene knows exactly what he is doing. Thought.
I don’t like “Martigale”, but the more technics you know,
depending on how efficient that you explored each tool, less difficult it will be for you to find theories into the basket of solutions. "Martigale", if exaggerated, will end up as bad as a person eating
the same meal everyday. Remember that you could get cancer for eating to much
vegetable. Ugh... The bottom line is that nothing is really safe in this
market, and I respect those who can make money on "Martigale". Cheers
to my friends.
Of course, martingale can make money, depending on what one's call a martingale,
Martingale consist in doubling the bet each time you lose.
I don't see the interest of talking about martingale, without talking about the number of consécutive loss. Because this is what makes martingale dangerous, and also without talking about the Z score, which give information about the regularity of the win/loss.
If you have a system which make one loss/one win, one loss/one win, with regularity, it is a very good system for a martigale, => double your bet each time you loose, and that's it.
when we can follow the trend and make money as simple as possible why we must fight wih that?
and even worse add to our losing position?
why we should pertinacity in such scenarios?
why most of retail traders want to lose money asap using martingale?
martingale will wipeout your account soon or late you imposing a high risk to your account in oredr to make a few profit.
this is against a healthy good money management rules.
this is not trading strategy this is pure gabmling.
Have you ever thought about hedging a martingale over multiple instruments, as to stay virtually flat ?
I did such. Automated off course. I started with 3 pairs "triangle" correlation, thought it was so flat then incorporated + 3 pairs to the same strategy. However, i was uncomfortable worried that someday I could be in a trouble! But i made it work! and I had profits over 5 months. Without VPS, Crazy! Then stopped because i like Manual trading as i have the tendency to disagree with the areas where the EAs place the orders. My issues off course!
The biggest risk of doing it, on my opinion, was being on the trade when the chart was close to a huge release. Like for example BREXIT. Or China vs US economy war etc...
In the other hand, for those who doesn't know, the same strategy could work even better if made with a lot of money, but actually only trading the news, and huge volatiltiy. Of course, "Martigale". I don't like it! but its true that it works!