What will be risky if we combine martingale and hedging?

[Sky All]

Dear experienced traders, 

I think if we can combine some strategies combine with both martingale and hedging, it will be a very strong strategy. 

How do you think combine martingale and hedging? Will it be risky mathematically? 

* Known demerit for combine martingale and hedging is below:

1. We have to pay double spread and commotion. 

2. We have to take care double drow down.

3. More opportunity/risk to enter. 

Thank you in advance and best wishes,

Sky

[Soewono Effendi]

be careful with growing SWAP.

the longer you hold position, the more expensive it will cost you to close it.

[Sky All]

Soewono Effendi:
be careful with growing SWAP.

the longer you hold position, the more expensive it will cost you to close it.

Thank you, Soewono. 

Yes, swap, thank you. 

[ARMANDO STOCCHI]

martingale kills the account.

antimartingale is the way.

[Sky All]

ARMANDO STOCCHI:

martingale kills the account.

antimartingale is the way.

Thank you, Armando. 

[William Roeder]

Hedging, same as Martingale, guaranteed to blow your account eventually. If it's not profitable without, it is definitely not profitable with.
          Martingale vs. Non Martingale (Simplified RoR vs Profit and the Illusions) - MQL5 programming forum 2015.02.11

Why it won't work: Calculate Loss from Lot Pips - MQL5 programming forum 2017.07.11

[Sky All]

William Roeder:
Hedging, same as Martingale, guaranteed to blow your account eventually. If it's not profitable without, it is definitely not profitable with.
          Martingale vs. Non Martingale (Simplified RoR vs Profit and the Illusions) - MQL5 programming forum 2015.02.11

Why it won't work: Calculate Loss from Lot Pips - MQL5 programming forum 2017.07.11

Thank you, William. 

Do you know which risk is higher mathematically? "Martingale but never hedging" or "martingale with hedging" ?

Thank you in advance and best wishes,

Sky

[Meztiza Ako]

Sky L:

Thank you, William. 

Do you know which risk is higher mathematically? "Martingale but never hedging" or "martingale with hedging" ?

Thank you in advance and best wishes,

Sky

you can check that topic in the ebook section of this site

https://www.mql5.com/en/forum/212643/page7#comment_15674674

[alanwee]

Hi Sky,

Here's an example of what happens to a Martingale strategy:

www.forexpeacearmy.com/forex- strategies/1358/fx_charger

It's 100% dead as of 2 days ago, even though it's been running successfully for 4 years in a Live environment.

Martingale requires an unlimited amount of capital.

alan

[Sky All]

Meztiza Ako:

you can check that topic in the ebook section of this site

https://www.mql5.com/en/forum/212643/page7#comment_15674674

Thank you, Meztiza. 

[Sky All]

alanwee:

Hi Sky,

Here's an example of what happens to a Martingale strategy:

www.forexpeacearmy.com/forex- strategies/1358/fx_charger

It's 100% dead as of 2 days ago, even though it's been running successfully for 4 years in a Live environment.

Martingale requires an unlimited amount of capital.

alan

Thank you, alanwee! 

Feel nice to hear your voice!