It is nice to make 100% on a $50 deposit and with 3 trades only, even if by Martingale...
But, with all due respect: Is it TRADING or GAMBLING...?
Betting on ''RED'' on online Roulette - using Martingale - can bring in easy 100% within 3 minutes, too...
Same same but really DIFFERENT!
(I will try to explain it for the last time. With all due respect, open your mind and try to figure it out).
If I had done 2%... would you have talked about gambling? Probably not. % gain has nothing to do with the formula only because I made a small desposit to illustrate the formula.
Fisrt of all, the point wasn't to make x%... It's to show there is a variant of martingale with a formula that allows to trade riskless while you can increase lotsize on each trade. This martingale is also a way to cheat broker limitation. (Try to open 0.28 with €50) You can't due to margin level... but you can when you have already a current opened position in opposite way.
The most important is capital preservation. Unfortunately, each single trade you open, you have a risk involved. Based on your capital, if you double your lotsize, your risk is twice more.
With this theory, once you double your position by opening the second order, you are able to trade riskless into a trading zone.
How magic? You have discovered a way to trade RISKLESS. I repeat RISKLESS.
Why 90% lose money... It's just because they are facing a risk to lose on each single trade they open. Please explain How could you blow your account up if it was possible to trade riskless? (Then you would be a really bad trader as you would lose on each single trade you open)
How to acheive the riskless zone???... by a sacrifice on 0rder 1... not closing profit straigh away when you reverse the trade with Order 2
Instead of Casino... I would compare this to Chess. The greatest games ever on chess have been done by sacrifices pieces. You sacrifice pieces, your army is reduced on board but you have created such 'MESS' that it smells checkmate in couple of moves.
While you sacrifice Order 1, you create such a 'MESS' that what it should be natural from trading (risk) is suddenly gone. You have broken the trading law.
Is it hard to be right on the first trade???... 100% will say no!
So now you know from then how to trade without risk. Make your capital safer and make profit with much higher lotsize.
I will continue to use this martingale...
Enjoy trading... Mess it up ^^