When are you profitable,using martingale.
My analysis:
only in nontrending conditions.
The ironi is that the market is generally trending, and thus it is counter productive. Since martingale try to profit from the fact that price will will retrace, or go back.
However, interesting conclusion. If you have a very big pocket, you could martingale 20-40 times. That would guarantee a profit. Who, knows how much. It would be really boring to trade micro lots. I guess you could get maybe 8% doing this, and working full time.
My analysis:
only in nontrending conditions.
The ironi is that the market is generally trending, and thus it is counter productive. Since martingale try to profit from the fact that price will will retrace, or go back.
However, interesting conclusion. If you have a very big pocket, you could martingale 20-40 times. That would guarantee a profit. Who, knows how much. It would be really boring to trade micro lots. I guess you could get maybe 8% doing this, and working full time.