if you are serious with your money you won't use any martingale
I've never seen an absolute that held true for very long. All you need is one recovery program to work and all the deeply held truths that 'Martingales will eventually blow up your account' are seen for what they truly are, fear of the unknown. Do you think any trading system works right from the first? No, that's not how it's done. First we get something that seems like it will work then work with it for years.
The problem with the young traders is that they haven't had enough time on the job to know what works, so nothing does. If you can go away and come back in 20 years or so, this brand new market will have been around long enough for us to develop something that will work and earn you about what stocks are making you right now.
I have a recovery system that works, although I still have a little bug in the program that I am fighting with. So I know from actual experience that there is a recovery system (which is generally called a Martingale) that does work therefore the advice to not try something that does work because there was 30 ones that didn't, seems to be somewhat irrational.
May I suggest a statement more on the order of, 'I have been trading (BLANK) number of years and have yet to see a (System in question) to work without eventually crashing the account'.
I have been trading the forex market since June 2006 and in all that time, I have only seen one recovery system that I would put my money with.
Remember, 'If man was meant to fly, he would have wings', so we just made some. Everything is impossible until someone is the first to do it.
May the Forex be with you.
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