Sharing experiences using the Martingale forex strategy starting from the profit and loss
The debate about the Martingale technique is indeed endless, although there have been many cases of MC traders because of the Forex Martingale Strategy. But new traders who try the Martingale technique or the Martingale robot also don't lose much. In fact, it seems that the world of EA Robot Forex is still dominated by this technique. EA sellers maybe 90% more still use this technique.
For those who don't know this strategy, you can read Trading Using the Martingale, Anti Martingale and Pyramiding Forex Strategies
I used the Martingale technique in the range of 2004 - 2009. It's been quite a while. From the results, some of my accounts are insanely successful. The most phenomenal at that time was probably $3000 to $255,000 in 45 days. Enough to get excited. So many investors want to join because of that account.
But after I researched the history, I was just lucky. Because in the middle of the trip, if the price goes up another 5 pips, the account is MC. Luckily it didn't happen.
After knowing that I returned the investors' funds that came in. Pretty scared at the time too.
Biggest loss? 300,000$ in 1 account. Even though the initial lot was 0.01. Don't ask what broker. And at that time I did not understand the market mechanism. So I think it's safe to put that much money in a dealer broker. Use robots again. Harvest the broker.
Where are people's funds, they must be returned.
Why do I wear it? Honestly at first because I was very interested in the results. Understandably, the mindset as a professional trader has not been formed at that time. The focus is still on the maximum profit in the shortest possible time.
Sharing experiences using the martingale strategy
But was it because of these incidents that I became anti-Martinggale? No too. In fact, I believe with my 5 years of experience in the system, if I trade again with that technique, maybe I will get a big profit. Because indeed the best and worst lessons I have learned. So there must have been important notes about the system.
Why is it not used now? The main reason is because I am very comfortable with my trading system now. Indeed, the results are much smaller when compared to the Martingale. But I am happy with it. So what? ️
Another reason is because I know the working mechanism of forex brokers. The alias is the broker's kitchen and the broker's habit when dealing with this system, especially those that use robots. For this, my friends, find out what I mean. Later, if I explain at length, I will even fight because of this article .
So for now, my opinion is neutral. For those who want to do it, please. As long as full responsibility, aware of the risks, sincere if the MC and not used to deceive. If all goes well, it's usually auto rich.
For those who don't want to use it, don't blame it, people's risk profiles are different. Many people focus on results, many people focus on risk.
Each option has advantages and disadvantages.
Posting Komentar
Posting Komentar