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Ofcourse tha't why you need to do like this.
Deposite 100$, 100$ profit, withdraw 100$, 100$ profit, 100$ withdraw...
lose 100$, deposite 100$...
Ofcourse tha't why you need to do like this.
Deposite 100$, 100$ profit, withdraw 100$, 100$ profit, 100$ withdraw...
lose 100$, deposite 100$...
Martingale is not and will never be a legitimate money mangement strategy for investing. It is a gambling strategy, always has been, always will be, and will always, 100% guaranteed, blow up your account.
It doesn't matter how many different ways you try to dress it up, it will still just be a pig with a dress on
Martingale is not and will never be a legitimate money mangement strategy for investing. It is a gambling strategy, always has been, always will be, and will always, 100% guaranteed, blow up your account.
It doesn't matter how many different ways you try to dress it up, it will still just be a pig with a dress on
What about Fibo's sequence?
p.s.
loved the piggy post.
What about Fibo's sequence?
Same pig, different dress :)
Don't get me wrong, the Fibonacci sequence is an eerie phenomenon in both nature and trading, but it doesn't extend those properties to Money Management / lot sizing (IMHO)