[Chance]

First post here, but I have just spent the last 3 hours reading every message in this thread.

I don't have very much forex experience (yet), but I do happen to have quite a bit of time prowling the casinos of the world, and I have quite a hand at roulette.

It also happens that roulette is the very game that the Martingale strategy was invented to 'beat'. So I know a Martingale when I see one. Do I understand any sort of coding? No. But I can easily spot a progessive betting scheme, regardless of how it's dressed up.

This is one.

Not to say you can't make money at it. But always be prepared to get a stomach ulcer right along beside!

Because, as with all progressive strategies, and as has already been mentioned in several posts: sooner or later, even after 100 winning plays, you are going to hit that place & time where the 'wheel' defies the odds and goes "red" (or black/even/odd, etc.) for 20 consecutive spins, even though the true odds are really just 50/50. Great news if you're sitting on RED, but this current Forex [scam] isn't.

And here's why: It's called "betting on the come." You are betting that the little white ball will COME to YOU, your color, your side of the table. It's where you are NOT, and while you wait for it to return you just happen to be forced BY YOUR OWN BETTING STRATEGY to up your bets PROGRESSIVELY until it finally returns. IF it finally returns.

THE SIZE OF THE BET IS NOT THE ISSUE HERE!!! It is the NATURE of your bet that matters!!! You are sitting stagnant, in a losing position (on the gaming board of your own choosing -- Forex in this case), exponentially upping your bets at every turn, while waiting (hoping and praying?) for the COME.

It's a sucker's bet. Visit a casino and take in the lavish decor if your don't believe me.