{quote} If the position is that low vs their account they are hurting their potential profits anyway. Don't get me wrong, i can understand that approach, NOTKpmg seems to be doing fine, it's just not for me. @Tudor By stage i don't mean money, i mean knowledge. Need to see several 5+ in a row consecutive trades, 2:1 or better to attempt that.
{quote} Yes, but if you see it through the fact that you can be wrong for 64 TIMES ...yes, you have 64 spare series to start over and over ...I say is an acceptable risk And you dont have to bet on all your money on one series shot. Just use an acceptable amount and run the scheme for the doubling it, that's all
Meanwhile, i have become more skeptical that it can be done. 
{quote} I see a rising wedge and a potential double top on your chart, not a good sign for bulls. But a President that says the global warming is a fiction of imaginationeverything goes. If we get bad US data the President may also say "you're fired" because the released data was wrong and that the US is on the right track. What will the markets follow, data or President
?
{quote} Sounds to me like the idea has grown on you since last time. Maybe you should try it.
lol ...anyone can test it on the charts history {quote} Yea i could see why that number could paralyze others from entering short. If you look closer though, the avg entry of sellers is 1.0945.
EURUSD Important Levels on H4 Chart *Blue lines are support, red lines are resistance. Thicker lines are more important. Stay Green {image}
{quote} Almost classical, relevant, plain and simple, nice, ...I like it!
{quote} You need to be smart to control risk without SL ...but most of us are just crazy thinking they can control risk letting positions run no matter what lossBTW, (adding up against the market hoping when market turns you will collect the big pot) called also pyramidal defence strategy is profitable, but extremly risky.
{quote} Here's a"safe" thing: If you have e.g. 9600$(any capital) and want to double it, You can start trading 150$ and try to win 6 consecutive times doubling every time the stake until you get 9600$; You have 64 shots to be lucky ...acceptable risk, right?
{quote} Who knows, they might have recovered those losses through shorting again and again at higher prices. EURUSD hit 1.1105 two days before. You think they are in loss but actually, are gaining through proper money and risk management.
{quote} Not everyone doubles it, you can increase it by 1.5, and thus you have more shots to be lucky as you say.
lol
We know that guy here on FF who made over 2 million% profit rate (not USD) ...and after 2 years lost it all ...martingale fashion ...{quote} I know, they are gaining ...now
lol (small reasonable amounts)...{quote} I know, they are gaining ...now
