Best Martingale Setting

[sebking1986]

Exactly, it works...until it doesn't. Used it in many an EA and the fact of the matter is a strong trend is all that is needed to wreck accounts using it.

 

[ForexTus]

Its a flawed strategy that wont work in the long term. You need proper risk to reward management that takes into account losing runs which are inevitable in trading

 

[FriendlyFX]

Martingale stue strategys may be worth a run if you could make your initial investment back then remove it start again risk free again with money you can risk it with not the rent !!

 

[fxoday]

Basically, the martingale trading strategy was adopted from gambling in casinos, then many traders tried to implement it in forex trading, it is a very different forex market and casino roulette

 

[Mixhel04]

martingale - sponsored by binary options and directed by robert b weide

 

[GKEvans]

I honestly wouldn’t advice you to martingale. If you will, make sure to backtest

 

[bigdolly]

Martingale is good to try one-two times to increase your deposit, however this strategy is unsustainable in the long-run. With every new gain the probability that you blow out your capital increases and is close to one when the number of gains is over 100.

 

[Luke K]

The only way to succeed with martingale is to have an endless supply of capital

 

[fxoday]

Traders who use martingale trading usually like to choose high leverage like 1:500, because they possible to open multiple order with a multiplier, using high leverage allows the strategy to work, but traders usually takes maximum risk until the margin call.

 

[bigdolly]

Despite that martingale requires unlimited capital to guarantee profits it is still possible to make money (not in the long-term though) with this strategy if you are patient enough to wait when price hits key support or resistance levels. It is very important to employ martingale with lowest leverage possible though you will sacrifice returns.