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DislikedAs for making 1%....you are making 1%....just not of your total account balance....which should never be used besides to find your trading capital and to see your YoY growth of the account.
Im sure you have read or seen a number of thread or books....none ever really go into Money Management but to say never risk more then 2%-5%....when they say that they mean of your total account balance and you must divide that by the number of pairs or stocks and the possible number of trades you plan to place in that period....
But since you think it is misleading...and...Ignored
DislikedYes, Dredding82, I have read hundreds of manuals of trading strategies and a handfull books and confirm what you say about MM.
Now that you clarified the 1% is not from the total account balance but from the maximum loss, I am 100% sure that your method works
and martingale with such low initial risk combined with your trading
skills will never get you into danger.
Thanks for sharing.Ignored
DislikedI can't tell if this thread is pure comedy, or being serious.
*blinks*Ignored
DislikedWhat shock's me the most is that people that are not doing it are trying to tell people that are doing it that it cannot be done.....because they are not dong it themselves, or gave up trying too....or tried and failed miserably
There will always be a way to anything.....you just got to work hard enough to find the solution....
By the way Dredding...tried to pm you but was not possible....I can imagine why... ThanksIgnored
DislikedI don't think it is smart martingale system. I don't like martingale system as it increase the risk of forex trading. I don't think it is a money management system and I think it is money damage system .
Why should I risk 16% of my total capital . Is it a good idea? If I have such a big amount I would risk maximum 1% for your mentioned system.Ignored