Martigale and Averaging Down

I'm sure everyone has heard "never average down" and "dont trade 2x your last trade on a loss", but many systems are coming out lately that use these money management techniques to product wins.

The 2 most notable are Firebird (averaging down) and Hedgehog (martingale). If you test these systems with out the money management component they are average to less then average IMHO. The produce less then 33% wins, but the money management systems make them win in the long run.

It seems that this would give credit to these 2 money management techniques. Would if you added these to a viable trade system (60%+ winrate), would this actually work?

From testing these systems i find they work well until something goes totally wrong and takes out 1/2 your account. but if you make more then you lose are you winning?

I haven't read up on these two strategies yet so cannot comment on them specifically, but this type of MM strategy in my experience is a path to disaster. As u state it can produce nice profits when it works and the market turns around in your favor. But what invariably happens is that u avg down against a rising market and vice-versa and because u know the market is going to turn in your favor u keep dropping your SL. Next thing u are getting a margin call and 1/2 or more of your acct is gone.
Very bad habit to get into.

I agree 100%, you should do just the opposite.

Increase your position if its in profit, decrease in loss.

You will die a horrible death.. Averaging down is to a trading career what Monika Lewinsky was to Clinton's career..

Go ahead and do this if you want. Just let us know where your funeral is being held so we can send flowers.