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

fargana

Active Trader
Nov 14, 2022
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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.
 
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Phill88

Banned
Dec 17, 2023
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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.