In your opinion, is using a strategy based on the martingale or grid dangerous and can it bring profit?

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  • 50% (7)
  • 43% (6)
  • 0% (0)
  • 7% (1)
Total voters: 14
 

Martingale is not a strategy. It's a betting system.

Hedging, grid trading, same as Martingale.
          Martingale, Hedging and Grid : MHG - General - MQL5 programming forum (2016)

Martingale, guaranteed to blow your account eventually. If your strategy is not profitable without, it is definitely not profitable with.
          Martingale vs. Non Martingale (Simplified RoR vs Profit and the Illusions) - MQL5 programming forum (2015)

Why it won't work:
          Calculate Loss from Lot Pips - MQL5 programming forum (2017)
          THIS Trading Strategy is a LIE... I took 100,000 TRADES with the Martingale Strategy - YouTube (2020)

 

Grigore Bulgaru


This question does not really require an answer, there is more than enough proof out there that it does not work. 

There is no space in trading for people who bargains on guesswork and predictions. It does not work. If you dont know how to trade, and how the markets operate, there are various institutes you can contact, and start enrolment. The courses are mainly 3yrs in total of which 1yr will be practical, if you dont want to go that route, then i can suggest studies in finance. You cant just press a button because it says Buy or SELL and this line crossed that one so im safe now....no, it does not work like that. If you dont know, or you are not sure, go back to the charts, do your analysis the RIGHT way, make sure, triple check your facts, and get on the screens. 

 
Grigore Bulgaru:
  • Yes, it is dangerous and does not bring profit.
    58% (7)
  • Yes, it is dangerous and profitable.
    33% (4)
  • No, it is not dangerous and does not bring profit.
    0% (0)
  • No, it is not dangerous and brings profit.
    8% (1)

The math around martingale is against you. Actually your win rate decreases with martingale.


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