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Is Martingale the real and the only holy grail?
v
Obecné
Aug 06, 2020 at 12:04
I'm going on 4 months and seeing excellent returns(3-8% per week). The challenge is avoiding long trends and reducing draw down. We just had a few more EAs introduced to us that work off different metrics and have months or years of records to consider when choosing. Some work better with trending so I'm excited to demo those.
Is Martingale the real and the only holy grail?
v
Obecné
Aug 05, 2020 at 17:29
I think Martingale strategy can be very effective in the right environment. I'm currently using a Martingale-based EA as well. For ranging pairs it works great. For trending pairs, it can draw you down a bit (of course depending on your settings) and may take a while longer to recover. I've done well with it to date but also looking for a good trending EA to compliment.
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