Anyone have achieve consistent profit using martingale?

life is complex mate - Forex is complex and the betting is complex.

This opinion of mine was costly to form - by the time I lost £3000 when I first started I analysed my bets and without the spreads I would have broken even !

0.6 pips is small -0.6% if you’re betting 100 pips levels - on 10 pips it is 6% and that applies on both winners and losers (IF you believe 0.6 pips is fixed (which usually it isn’t)) - so 6% on winners and losers equals 12% on winners only if you assume even 50-50 win lose.

I did say to use a spreadsheet and step it through - then perhaps you Will understand.

Hopefully others can already begin to see what I mean !

Then of course thhere is this - which is diproportinately affecting low piip values of SL and TP

Anyway - listen and think about it - or don’t - it’s up to you - :sunglasses:

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