Would you trade a martingale

[andrewstevens]

Would you trade a Martingale, do you think you could be successful using your existing strategy?

Martingale in this case doesn't refer to the strategy where you increase the size of the order to make up losses. I'm referring to the case where your create a stop that is the same size as your take profit representing a win to loss ratio of 1:1.

Flipping a coin would give you an expected payoff of zero, but do you think with some human intelligence you could do better than this?

 

[billyjean]

it's ticking bomb strategies. any kind lot increasment trading strategies bear a high risk. it's not a trading strategy to begin with, it's for betting. put more lot upon previous losing trade. well, it's more likely we dont accept any losing result, by risking much more money in the process.
becarefull of such trading style.

 

[ffsear]

I agree its dangerous. But remember Casinos have max bets at tables for a reason! Martingale scares them.

Is it possible to treat green and red candlesticks the same as red or black on a roulette wheel??

I'm sure we could come up with some kind of system

 

[Trader333]

You need ulimited money to trade Martingale in my view and as most of us don't have that the answer is no from me.

 

[billyjean]

You need ulimited money to trade Martingale in my view and as most of us don't have that the answer is no from me.

unlimited money means this one are imposible to begin with.
for your information, martingle system are not forex trading system to begin with, it's for gambling.
and to be precise it's an exit strategy system, which neutralized losing trade by put another one with higher lot, in purpose the last order would cover the others order in short range.