What’s your risk management system?

[flamingoproxy]

@BenoitTrade

to follow a martingale risk profile. I increase risk after each win

that’s the opposite of what a Martingale does - a Martingale increases risk after each loss

it’s explained here:

Martingales and related "plans"

there are a lot of ways of trying to divide traders into two groups here’s one of them: (a) the group with some instinctive grasp of logic, arithmetic, statistics and probability (they typically understand, for example, that there’s absolutely no logic involved in allowing the stake for a bet to be determined as a response to the outcome of the previous one); and (b) the group of those living in a strange, hopeful, naïve wonderland (they typically don’t quite understand what the first group doe…