Martingale Strategy
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Thread: Martingale Strategy

  1. #1
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    Martingale Strategy

    In this strategy we open our first order with smallest lot size if this order hits TP then well and good otherwise we wait for it to go negative of at least 70-80 pips. Then we place another order with bigger lot size at least double of the previous order and set TP for both orders at the opening price of first order. This is called Martingale Strategy.

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    Rookie mohamed reda's Avatar
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    it may be good strategy but it will not be the best strategy .i think it be so risky for any beginner trader .there is many profitable strategy .i am trading with the trends in 1 hour time frame with any pairs and i made good profits with this strategy you can use it with out any problems.

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    martingale strategy not suitable for trader with limited capital because double lot sit size when floating minus really need a huge capital and we never know how many open position with double lot size that we should do. because this strategy inspired from gambling hall in casino maybe we should gamble for this strategy.

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    Yeah I am agree with mohamed its not a good strategy if you want to become successful trader in the forex business because in high movements there can me much risk in this type of strategy so I not want to prefer this strategy for 100% to make profit in forex trading I will suggest technical analysis and fundamental for all

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    Martingale strategy is never considered to be good at all especially for newbies who have accounts with very very low deposits. Because martingale requires lots to be multiplied and only big accounts with large deposits can handle the pressure.

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    Quote Originally Posted by khokongeo View Post
    without money management, its very risky.
    Even with proper money management it is not profitable enough. If we know that one sense movements of 500 pips are not quite rare, our first position can be only 1,6% or so of our disponible capital. So, when we win, we get 1,6%, if we lose, we lose 100%.

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    Well this all depends in your strategy ,if your confident of your entry then using such a martingale strategy might be effective especially when the market iss in a corrective mode, although its very important that you consider the risks involved is applying such an entry strategy.

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    Quote Originally Posted by kamran View Post
    In this strategy we open our first order with smallest lot size if this order hits TP then well and good otherwise we wait for it to go negative of at least 70-80 pips. Then we place another order with bigger lot size at least double of the previous order and set TP for both orders at the opening price of first order. This is called Martingale Strategy.
    Glad to see and take lesson on martingale strategy. I have no any intention to continue trade with this Martingale Strategy. I am trading with very small TP and SL with the opportunity and trend and hope to continue trading with the same method further. Anyways, I find it interesting and came to know about it and appreciate the efforts to teach us through this thread.

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    Nice strategy I had never come across the martingale strategy and this seems very delightful to me a s this recovers all my potentials weakness that I have been fighting upon to make a better trade. But I still fear that the stop loss used seems very high and that will make me feel pressurized because stop loss will be very heavy amount to be lost if the market goes against and my trade hits the stop loss.

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  10. #10
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    Martingale trading strategy is only good if you have a very good experience of it I know personally some traders who are making very good profit with martingale trading strategy but if there will be a uptrend or long downtrend direction for few months then we can loose our money also by this strategy

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