I suggest you look closer as I risk very little in each trade with micro lot so I have a very loose stop and I use fundamentals to trade so if you use fundamentals you get spikes like that.
I have a look at your profile and it makes me sick. Look at your draw down using martingale.
You have multiple accounts with over 80% draw down.
IS THAT GOOD?
NO. Hell NO!!
If we were to compare, your trade is too loose and risk almost your ENTIRE account JUST TO PROFIT.
You should laugh at your self. A number of your account have over 40% draw down...not to mention a couple with 80+.
Martingale clearly does not work even with you.
So who clearly have worst money management?
You of course!!
Thanks for the news flash Scotty. However, you are deflecting instead of looking at what is posted. I can take big risk because not only am I ok with losing it, but trading to the edge allows me to know how far I can take my money management. I don't speak in theory and base everything on facts which can be proved by a chart. Once again. Most of YOUR trades you close for 5 pips profit on avg, but yet you use a blank to say, 'I am ok with risking over 50% of that instruments monthly trading range because I use small lots'. You use small lots which end up being compounded as the 'bias monster' starts to creep its ugly head.
You misquoted me my friend. I clearly say I have loose SL but not 50% of my account. To lose 50% right now will require multiple dozens of trades ending badly.
Before you try to pass your judgement on someone. Reflect on the risk you take vs mine.
If you say mine is horrible, yours is the worst!
If you say martingale has gave you good outcome. Then why do we see such high draw down on your accounts?
One thing I am sure is that you did not manage your draw down and you contradicted yourself saying you can use martingale effectively because you can manage the draw down. But what you have is the total opposite.
It is a waste of time debating martingale with you.
I am merely stating the fact as this thread is about the best pair to martingale and I would like to share what I have done losing 50% of my account years ago and hope the person started this thread do not follow that path if they have small accounts.
Like I have said before, Martingale is for very huge accounts...at least 100K account and above and it is still risky...AND IT IS Not for retail traders with micro or mini accounts PERIOD.
If you still do not understand my point, start a poll and ask others' opinion regarding martingale. I have stated mine.
Don't panic over drawdown, instead manage it !!