This strategy will make many brokers go bankrupt

[momo3HC]

Absolutely. Martingale is not a good idea at all.

[LiamMillen]

All is well but I have to analyze the market flow. And market sentiment must be understood. Momentum can change when the market is volatile. It all depends on the trading knowledge. It is possible to gain knowledge online.

[zrrsys]

@chesterjohn

Say you make the zone size 20 pips and close with a profit of 50 pips

the zone size i think should be the same as the profit zone
the timing is also important
probably when price meet a 250 ma or higher

[cashisking86]

Nice way of showing why it doesn’t work in reality.

[LiamMillen]

Thanks, for mentioning the details. There will be risks in trading but I am very strong psychologically. So I want to try this strategy.

[LiamMillen]

@zrrsys

is strategy carries a lot of risk but the higher the risk the more chance to win
the million dollars question is what is the best time to enter and how greedy should we be,
in my pov
the best time to enter is when smart money and brokers are hunting for stop loss = meaning when the herd is following the shepherd (all technical analysis garbage)

The million-dollar question I wanted to know? I manage risk ratio in trade it is not enough for this strategy.

[Gaggi]

I know one secret of many brokers that can save them from bankruptcy, but they rarely use it.

[momo3HC]

And what is it?

[ronniepittman]

Martingale trading strategy is a very risky strategy. The reason is that the higher your bet size, the higher the risk of losing all your money.

In my opinion, this strategy works best when you have an unlimited bankroll and can afford to lose all your money. If you have a limited amount of capital, this strategy will only cost you more money as it increases your chances of losing all your money.