I have discovered for myself that the notion that the martingale system is destined to blow your account is actually incorrect.
If you engineer the numbers that constitute your trading plan, you can engineer your martingale strategy into
Safety + Profits.
Now safety + profits = a happy (and secure) trader.
There are about 3 components which rightly altered, will make your martingale strategy profitable.
In this video, show you how fixing your profit target and stop loss (for both instant and reverse orders) well within the daily pip range of the pair(s) you trade will make you profitable.
There are a few other important things to be aware of to be safe and I will talk about them in other videos.
For now, just know that if you do not consider those other things, You sure can blow your account even using my strategy.
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Hi, take a look at my Forex blog and consider following.
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