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Following a small discussion I had about advantages and disadvantages of using different position sizing techniques in the ATC 2011 championship of the expert advisors I decided to talk a bit more about various position sizing rules that can used in Forex trading. It’s a very important topic and this blog’s readers …

Martingale system is a popular betting and trading system, which is commonly used in bets with equal or close to equal chances (red-black, odd-even, heads-tails etc.) According to martingale system gambler (trader) should double his bet after every loss and return the bet to initial amount with every winning …