DislikedHi Everyone! I learned this strategy recently and it is quite incredible so I thought I'd share it with you and see what you think? As we all know and have heard over and over again, our TPs must always have more pips in them than our SPs. The reverse martingale strategy is used to double our stakes in a particular direction using our profit. This way we can make a huge amount of profit without violating our risk management rules. For instance, let's imagine we identify a bull market and the price has the potential of going up 300 pips. Trade #1:...Ignored
Yes its old method, and yes its sound good, but its still hard to enter FIRST TRADE TO GOES PROFIT.. LOL
market moves most the time in consolidation so its not so easy if you are not really really pro trader.