Forex Martingale Strategy

Never, NEVER, use betting strategies while trading in the real markets! Follow investors’ needs, read information, analyses etc. When necessary, hedge a position but never bet. It’s a serious mistake and sign for Forex misunderstanding. That’s why it’s easier to gain profit from the markets rather than from a casino. I tried several but…guess what?! No Luck! Hopefully, I bet at casinos with no-deposit bonus offered. Be careful!

I have used Martingale systems for trading forex and have made substantial profits. I have, also, suffered big losses employing these same systems. My biggest profits were achieved with a counter trend system.

What makes m/gale systems so deadly is that, once you start going up the levels, the R:R ratio becomes heavily skewed. It looks so innocuous but, isn’t. I, also, did considerable research on the possibility of using different staking methods such as Fibonacci, Labouchere and D’Alenbert. Not surprisingly, forex day traders, trading off short tf charts, are faced with similar problems to the casino gambler, i.e that of randomness.

The best advice I can give anyone wishing to use m/gale is to not let the levels go too high. Consider placing a limit on your series of “bets”. For example a series of 1,2,4,8 would risk 15 units but, it’s easier to recover a 15 unit loss, one unit at a time, than recovering a loss later in the series. Please don’t anyone tell me that there is no relationship between a casino game, such as baccarat, and day trading forex; I’ve played both games, for many years, and the similarities are strikingly similar

Isn’t this strategy more like gambling than trading? I mean your doubling your lot size after every trade. Has anyone actually made profits trading like this? Would like to see statements see it in action.

My EA trading based on this strategy only, when It close all trades at some price I will see profit over all.

Very Interesting!!! Here, the money management plays a big role. While increasing the lot size of one order, you must calculate the break point, or where you will start to trade with a risk that will be equal to trading with 80% from margin.

This strategy which suitable for many gambling activities including forex in case you chose to gamble in your trading account. Its based in the fact that you can always double your stake in case of loss but the reality is that sometimes you lose and you don’t have enough funds to double your stake so its very limited and depends in how much funds you can afford to lose using such high risky strategy

This is one kind of money management policy some traders follow to regain whole what they lost in single trade, Risk will increase of the number of loss trades in series increases.

Its not suitable for all, we need lot of experience and skills to get success in this strategy.