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Martingale Systems ...

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Tomas Rodriguez Doherty
8604
Tomas Rodriguez Doherty 2016.02.29 13:33 
  • 15%
    (9)
  • 26%
    (16)
  • 26%
    (16)
  • 19%
    (12)
  • 15%
    (9)
Total voters: 41
Francis Dogbe
9502
Francis Dogbe 2016.02.29 14:11  
Profitable if the pair is ranging
Stuart Browne
5889
Stuart Browne 2016.02.29 15:28  
With only 10 votes so far, I think the results of this poll already speaks volumes......
Ovidiu Caslariu
7845
Ovidiu Caslariu 2016.02.29 17:12  
Just a loosing recipe.
Roberto Jacobs
47136
Roberto Jacobs 2016.02.29 18:02  
Stuart Browne:
With only 10 votes so far, I think the results of this poll already speaks volumes......
Stu, I think no increase knowledge ^_^
Stuart Browne
5889
Stuart Browne 2016.03.01 05:08  
Roberto Jacobs:
Stu, I think no increase knowledge ^_^
:)
Tomas Rodriguez Doherty
8604
Tomas Rodriguez Doherty 2016.03.02 10:35  
The result is clear, but I perceive many people still believe in Martingale systems. There is divided opinion although the majority agrees in their uselessness as a Forex Strategy. In the end Martingale is not investing or forex, is more like playing with luck. Trending markets will always anihilate a martingale Strategy and all markets trend some day. 
Ales Vidergar
275
Ales Vidergar 2016.03.02 18:05  
Tomas Rodriguez Doherty:
The result is clear, but I perceive many people still believe in Martingale systems. There is divided opinion although the majority agrees in their uselessness as a Forex Strategy. In the end Martingale is not investing or forex, is more like playing with luck. Trending markets will always anihilate a martingale Strategy and all markets trend some day. 

Martingale can be a good earner if used with a good strategy and as a money management not a trading strategy. The reason why it fails with most people is simple: you cannot make a bad strategy in a good one...

But combined martingale and and hedging with a good strategy can be very profitable.... 

Roberto Jacobs
47136
Roberto Jacobs 2016.03.02 19:18  
Ales Vidergar:

Martingale can be a good earner if used with a good strategy and as a money management not a trading strategy. The reason why it fails with most people is simple: you cannot make a bad strategy in a good one...

But combined martingale and and hedging with a good strategy can be very profitable.... 

absolutely agree..
Attila.K
112
Attila.K 2016.03.02 22:38  
Sorry for a newbie question ... what do you mean with "hedging" here? Do you mean to hedge the forex positions with currency options ... or do you mean opening a position in the opposite direction to the currently hold positions?
Ales Vidergar
275
Ales Vidergar 2016.03.02 22:50  
Attila.K:
Sorry for a newbie question ... what do you mean with "hedging" here? Do you mean to hedge the forex positions with currency options ... or do you mean opening a position in the opposite direction to the currently hold positions?
Hedging means having buy and sell open. 
What I mean together is something like this. 
You sell and buy with lots 0.1 both with let's say 30pip tp. If price goes up, tp is hit for buy and there is another buy and sell with 0.14 with tp buy 30 pips. If it goes up, another sell and buy at buy tp and so on. If the price goes down, you close when the total profit for buy and sell is let's say 30 pips. Something like this along side a strategy would be a good idea. 
12
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