Why Martingale Strategy Is Dangerous - page 2

[Angelito Cartagena]

Martingale approach is a dangerous way to trade in this market especially if you dont really have the skills and the right strategy to use,but it may work somehow if you can established a strategy that can control consecutive loses to a minimal, say only 5 to 10 loses. But then again it requires time and the discipline to stick to your trading plan, otherwise you will end up a big loser. Trading is not just about strategy, it is more on the trader that implement the said strategy.