Why do most of all successful strategies on myfxbook.com use a form of grid martingale strategy?

fargana

Active Trader
Nov 14, 2022
141
20
29
34
Why do most of all successful strategies on myfxbook.com use a form of grid martingale strategy?
Paradoxically, the Martingale system may seem like the most reliable path to attain substantial gains, often after just a few attempts. This apparent success can provide a basis for traders to promote their approach as a "holy grail," which, in turn, can attract novice traders seeking a source of passive income.
 
  • 👍
Reactions: Profxtool

Phill88

Trader
Dec 17, 2023
61
11
14
Germany
it can effectively leverage market volatility to generate profits, especially in short to medium term trading. This approach balances between risk and reward by increasing investment size after a loss to recover previous losses and profit from small price movements.