Well most people use martingale in a wrong way, or wrong concept.
Martingale is never meant for long term, it sure will blow on certain period.
The concept is to get high ROI in short term in range market period.
Trend / berak out market have high chance to get martingale blow, so you have to make high ROI in range market times. And hopefully the general statistic is Range market : 60%, Break out : 10%, Trend : 20%.
A $150k account might stable, but the ROI is still low, probably can last one year, but still might get blow 2nd year, so is still risky in an investment sense.
That's why I said I prefer a $500 martingale EA, that might give you 100-200% ROI a month and get blow sometimes; but overall you still make very good profit in a year using hit & run tactic by reset account to $500 every month.
Ohh.. by the way, we seem out of topic, as this is a Newbie ask for some advise using $1000, not $150k EA.
So anyone got some good Fast high ROI EA using less than $1000 ? Or is more suitable to do manual trade for newbie.
Information is Gold when come to organised.