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Jotto999
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Jotto999
Use of martingale strategy
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Trader Berpengalaman
Feb 20, 2013 at 14:47
The Martingale system is for people who don't mind eventually blowing up the account, and who know about regression to the mean but not about long term statistical consequences. It isn't for people looking to make a living off forex. It isn't even an elegant way to use statistics; flipped coins care about previous flips about as much as a duck cares about the stock market. Similarly, if the trading vehicle starts trending upwards when you decided you would martingale it short, then you are playing russian roulette.For little retail forex competitions, sure, use it. For anything...
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