Martingale EAs and using a martingale strategy manually Either is extremely profitable, but as all we know it can blow the account, sooner or later.
i made this topic to Share ideas about how to solve the big loss problem in high profitable martingale Strategies.
by the way, I’m not interested to read your negative answers like “martingale doesn’t work” or “its impossible”. because the word “impossible” is not in my dictionary.
waiting for your useful solutions…
Your tests aren’t long enough.. Account will blow up at some point and it won’t be pretty!
Martingale works great… until the day price never comes back and trends hard agenst you. then BOOM! Margin call!
as a small trader you can only control 1 thing… your risk… And adding to losing trades multiplies your risk. Cutting losers quckily is the way to go if you want to stay in this game over long periods of time.
I do however like the thought of adding to winners… Where your risk isn’t multiplied but your reward is!
The only solutions are: cutting your losses at some point and starting over, or an account with very large ($1mil USD) equity trading 0.01 starting lots on a strategy with at least 1:1 risk/reward that wins > 50% of the time