Casino Forex

I turned 21 this month, and I decided to head over to the Ameristar casino in St. Louis Missouri. I did a little bit of gambling: slots, video poker, and some roulette. I was disturbed by the fact that there were many people blowing hundreds of dollars by gambling it away on the slot machines. Many people weren't moving from their spot, and you could tell they were coninously re-spinning the wheel of luck. It was quite gross, as it took no skill. I prefer a thinking game; such as, poker, or black jack.

Anyways in the world of Forex trading, I thought it might be fun to share some betting or "gambling" strategies with you all.

Betting stategies:

1. Martingale.
Increase your wager progressively as you lose. For example, you bet $10, and you lose. Then you must wager $20, or twice as much as the previous bet. When you finally win back your losses, you will be left with a $10 profit. And you then start the process over again. This stategy has been used for decades. In the old Vegas area, gansters and mobsters in L.A would use martingale to make money. However, this stategy is flawed because, it would require a near infinite bank roll to ensure 100% success.

2. Anti-martingale.
The exact opposite of martingale. You increase the bets as you win. If you win $10, then bet $20.

There are many more gambling stategies out there. And I was wondering whether any of you guys have heard of these or other ones, and even considered testing them in forex!

A simple search would reveal that this has been covered ad naseum. Martingale works best with an unlimited bankroll and a close to 50/50 wager like black/red (even with 0 and 00 factored in).

Its not a viable strategy when you are risking 100's of dollars for a $5 profit.

Man, just hit the search button. This has been discussed over and over again.

In forex all most any kind of stategies you can think of, you can find them nowadays. just google it.

to double up in forex using the min factor of 4 (statistic 4 looser before winner it can be factor 7)
before you turn a winner you will end up with min 8 lots x 10$ a lot
=80$ a pip 20 pip losses 1600€ now if you lose one more round you need
16lots x 10$ a lot =160$ a pip 20pip sl 3200$ then you get to cross your fingers that it will be not a loser other wise your account is history