Hi, I want to know how to make double - page 2
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10 losses in a row isn't rare. Do you have an account that could open 2**10 or 1024 times your initial order? Doubt it. So it blows your account.
20 losses in a row happens occasionally. Do you have an account that could open 1,048,576 times you initial order....
Well spoken...
Whether or not you could sustain the losses depends primarily on your initial lot size. For instance, 1,048,576 * .01 ($.01 per trade) = $10,485.76 (20 losses in a row - which is not common). Could the average account sustain this type of loss? It depends on the amount of time the funds are lost over. The average investor over the age of 30 most certainly has more than $10,000 to invest.
As I stated earlier, the success of this type of strategy depends solely on how much you initially invest and how much you have to carry you through the losses. I still cannot discount its possibility of success.