Martingale Trading System

Discussion in 'Trading Systems and Strategies' started by Enivid, Oct 8, 2009.

  1. Enivid

    Enivid Administrator Staff Member

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    Discuss Martingale Trading System here. Martingale Trading System is a simple Forex trading strategy based on the probabilities. You can ask any questions about this strategy here.
     
  2. fxp

    fxp Banned

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    Deadly risky - all traders should stay away from martingale systems, as they are a sure recipe to destroy your account.
     
  3. Hooya

    Hooya Master Trader

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    I totally agree fxp.


    They are rediculously risky. I have seen a few trades done on fixed odds using martingale system but you have to have big balance and nerve of steel. Also you have to make sure you can trade every trade. If you missed a trade because of site going down/delayed fill you suddenly are in a losing position when technically you sould be out in a profit.

    Its a silly way to trade imo.
     
  4. richlyonline

    richlyonline Active Trader

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    I used to try this EA is not profitable in the long term.
     
  5. Enivid

    Enivid Administrator Staff Member

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    Which EA?
     
  6. Tradorama

    Tradorama Active Trader

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    Enivid - have you traded this strategy manually? It seems like a highly risky one.
     
  7. Enivid

    Enivid Administrator Staff Member

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    Yes, I've traded this strategy both manually and on EA and yes it's risky. And I don't recommend anyone else use Martingale strategies. I offer this system just for educational purposes.
     

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