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Martingale trading system................
Martingale trading system — is based on the popular betting (gambling) system of the 18th century France. The main principle of this system is to double the bet each time you lose so that if you win (considering a 100% bet win/loss each time) you recover a previous loss and will also gain the first bet amount............
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Moderator
cool user
Gambling shouldn't be included into trading .. as nothing can be achieved by guessing while trading ..ultimate result will be negative only.
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Market Maker
cool user
Most of the methods of trading in the Forex good but the most important style that you are convinced of it and rely on it to achieve more profits with confidence
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If one had an infinite amount of money, this strategy would be a sure-fire thing as with the infinite amount of bets the necessary result will with probability 1 eventually come. The problem is that no trader possesses an infinite wealth and thus utilizing this strategy eventually leads to a wiped account.
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The Following User Says Thank You to adnan10076 For This Useful Post:
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possible for traders who already understand the use traditional martingale strategy will be able to get a lot of profit but I personally still can not use this strategy because it is often a loss that can not be understood properly.
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Market Maker
cool user
 Originally Posted by puji
possible for traders who already understand the use traditional martingale strategy will be able to get a lot of profit but I personally still can not use this strategy because it is often a loss that can not be understood properly.
Do not look at a lot of roads in the forex, but only to see the way in which they depend, and to focus them well so you can achieve good profits, which you want to achieve
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Market Maker
Martingale trading strategy is based on the gamblers style of trading as it can lead to huge losses and to trade this way a trader needs huge funds and also this style does not work as markets can go anywhere and lead to huge losses for the trader .
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Still scared for me if shoulld use martingale system,because in every step new rder will make double lot size,so margin in huge number required to run this strategy,but we can use in account micro with high leverage,and this is extree styrategy,if we can't use it at right time,maybe will make loss or margin call
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 Originally Posted by kalex76
Gambling shouldn't be included into trading .. as nothing can be achieved by guessing while trading ..ultimate result will be negative only.
I think if a system will work like some how gambling, but we should understand its working properly. This is also a way of gaining experience. Because these are tools use in forex trading....
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 Originally Posted by adnan10076
I think if a system will work like some how gambling, but we should understand its working properly. This is also a way of gaining experience. Because these are tools use in forex trading....
Yes,experience to read market behaviour at every sesion market,maybe will make succeed for martingale system, often we look at 1 hours timeframe price sems only on the range,maybe in american session often occur,probably at these session market martinagkle will work,but should use tight money management to avoid margin call
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Market Maker
cool user
 Originally Posted by adnan10076
I think if a system will work like some how gambling, but we should understand its working properly. This is also a way of gaining experience. Because these are tools use in forex trading....
Gambling is one of the methods that do not have any relationship with Forex, but at the moment as we see that the Forex market, but the possibility of large profits it needs to be studied, not guesswork as in gambling
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Market Maker
 Originally Posted by adnan10076
I think if a system will work like some how gambling, but we should understand its working properly. This is also a way of gaining experience. Because these are tools use in forex trading....
As a trader we need not learn or try to understand a gambling system or a gambler's way of trading but continue to trade the right way and in right direction.
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The Martingale system involves doubling your bet after each loss. Many players try it and have initial success.
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Market Maker
 Originally Posted by adnan10076
The Martingale system involves doubling your bet after each loss. Many players try it and have initial success.
One can trade in any direction and you double it after every loss. So if you happen to loose few trades it can mean a lot of losses you can imagine.So you need to guess the amount of capital you require to trade in this way and still there is no guarantee of profits in these markets .
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It is true that this system is very famous but it is also true that this is very dangerous.
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