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Best pair for martingale

Forex_Villa (Forex_Villa)
Jun 09 2017 at 08:54
29 posts
Hi,

Please do not martingale. The more volatile the pair the worst it is for martingale strategy.


Don't panic over drawdown, instead manage it !!
donchang (donchang)
Jun 11 2017 at 06:30
12 posts
Actually in Martingale the more volatile the better.

rob559
Jun 11 2017 at 06:37
1916 posts
it depends at what speed you want to loose your money,jpy pairs are very good at it followed bt gbpusd ,you sure to get a great failure ,smart pants

GJscalper
Jun 12 2017 at 06:04
237 posts
First of all. Martingale isn't a 'strategY'. Well, it is, but it is only a money management strategy. iA person who uses martingale, as myself, only doubles or triples after a loss, depending on the formation he or she is trading. Formations with low expectancy of consecutive losses are the ones which you want to use martingale with, because after every loss you chances of getting your tp hit is increased greatly.
  So instead of telling people to not martingale, why not ask first which system they are using WITH martingale.

@GJscalper for more information
donchang (donchang)
Jun 12 2017 at 06:18
12 posts
rob, martingale is about DD control and low profit for long term. I aim for only 1% profit a day which keep my drawdown low.

BaldoN (BaldoN)
Jun 12 2017 at 14:06
522 posts
I am not a fan of Martingale strategies, but in theory if you have enough funds, and start with small order size keeping strict control it could bring some profits.
I am saying in theory, because in such movements like SNB's interventions may erase all profits plus even initial amount.

profijet
Jun 12 2017 at 18:17
134 posts
As I said last week - I try now with USDZAR and this is my result:
https://www.mql5.com/en/charts/7195669/usdzar-m5-instaforex-group
I just rely on the volatility as I wrote.
The main goal is to invest a small amount like 100usd and let it grow to 200-300. Than withdraw profit and restart. This way I dont care the EA blows account once a month :)

rob559
Jun 13 2017 at 06:20
1916 posts
donchang posted:
rob, martingale is about DD control and low profit for long term. I aim for only 1% profit a day which keep my drawdown low.


you think you gonna teach me what is a martingale....10 years experience bro.you can't buy that

Forex_Villa (Forex_Villa)
Jun 13 2017 at 07:22
29 posts
Actually Martingale is a strategy.

I have seen a few traders solely used it for trading.

However, it is not recommended especially for retail traders with micro or mini account.

Don't panic over drawdown, instead manage it !!
donchang (donchang)
Jun 13 2017 at 07:29
12 posts
Why do you use HARAKI EA? Is it good?

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