Thread: Can Martingale/Average Cost Systems work long term?
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Old 06-17-2009, 10:23 PM
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davidke20 davidke20 is offline
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Quote:
Originally Posted by bobsters View Post
TWTrader - post your code, we'd love to see it!

As for whoever said on the last page that they have a system which is 100% loser - its probably because it loses on the spread. Reversing it would still lose on the spread, so it would still be a 100% loser.
No he can't, because he's banned. Martingale/Cost averaging system is fine, provided you know when to take profit and stop trading. But the truth is always greed took over fear in that case. Martingale/Cost averaging will NEVER lose(provided you have infinite backup fund). It will work for you forever until there is one time you running out of margin. Thats all about it.

Regards,

David
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