Martingale Trading System

adviser Martingale trading system It is based on the well-known betting system (gambling), which became popular in the 18th century in France. The basic principle of this system is the double down after each loss, and if successful (if the gain / loss each time amounts to 100% rate) you restore previous loss and also receive a first bid amount. At infinite amount of money, this strategy is unmistakable, since an infinite number of bets desired result is ultimately obtained with a probability of 1. The problem is that none of the traders have an infinite amount of money and, therefore, this strategy eventually leads to complete emptying of the account. Although this is a very popular system of Forex trading and is used in many paid Forex expert advisors, I strongly do not recommend using it in trade.

Features

• Theoretically, bulletproof system.


• Virtually untenable.


• reward / risk ratio can reach very low values.

How to trade?

1. It will run on any timeframe and currency pair.


2. Determine the size of the base position.


3. Place an order in a random direction (buy or sell) with a certain fixed stop loss and same take-profit.


4. After the operation of one of these levels, or you win or lose.


5. If you win, set the initial size of the position, proceed to step 3.


6. If you lose, double the size of the position and go to step 3.


7. If you have an infinite balance of the trading account at the end of the day, you will win a lot. If your account balance is limited, eventually you lose it.

innovations

1. Distances and profitability based on market changes in real time.


2. Do not trade during the exit Non-Farm Payrolls.


3. The best pair to trade: EURCHF, EURUSD, USDCHF and AUDNZD

Example

For this trading system is not an example of the work schedule because the schedule does not show anything important. Consider the following example.

1. Your account was originally $ 10,000, you can trade a mini lot (0.1 of a standard lot), choose EURUSD.


2. size equal to the basic position 0.1 unit.


3. You decide to open a long position, set a stop-loss at 40 pips (or $ 4). The same value is used to take profit.


4. Position was unprofitable. Now, your account balance is $ 9.996.


5. You double the next position up to 0.2 lots, and using the same stop-loss and take-profit, you risk losing $ 8, and you also have a chance to win $ 8. You decide to change the direction of the position and go short.


6. You win, and now you cover the loss of $ 4, and additionally win $ 4. Your account balance is $ 10,004.


7. You return to the initial position size 0.1 lot and start again.


8. With a balance of $ 10,000 and risk of $ 4 you need 11 consecutive losing positions to empty your account. To double the bills need 250 winning positions.