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MP -- Martingale -- dont they put those on horses ?
Quote:
Originally Posted by WNW
There are a number of Martingale fans that do not agree with my opinion, and that is that ANY Martingale will eventually break your account. . . . . . . . . . . . . . . . look for a simple strategy that has a positive expectancy and add lots as your equity grows.
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well said, as one must understand that martingale is a "gambling" strategy (with not so memorable results) and forex is NOT gambling, but rather a trend following, actively dependent on support and resistance form of trading that is FAR from random in its movements !
If you simply learn how forex moves its currencies, it becomes really hard to lose !
enjoy and trade well
mp
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Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages !
As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !!
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