### Double martingale system forex pdf

18th century, the martingale was introduced by the French mathematician Paul Pierre Levy. You may ask, how could you justify risking a thousand dollars to make a sixty dollar profit? In the end, traders must question whether they are willing to lose most of their account equity on a single trade. So, purely mathematically, there is a 1 in a million chance that you would lose 20 times in a row. In other words, they would buy a currency with a high interest rate and earn that interest while, at the same time, selling a currency with a low interest rate. Lets assume that you have a profitable strategy and a high leverage. Well, that is a fair question, and there is a number of ways to answer.

#### Does the martingale system really work?

Pips.2610. The reason I pointed that out was simply to help you understand that when people say that a Martingale system is always doomed to failure, they are wrong. For instance, using the 250 pip grid and doubling 9 times, the pair would have to travel about 2 thousand pips in the opposite direction without a 250 pip bounce after we bought low or sold high. I understand that it is risky, and it is easy to blow your account, but it is definitely not impossible to win over the long term in Forex using a Martingale strategy. You need to understand that you are aiming for a profit of 25 dollars on each trade (if you are using the system I showed above and yet you are risking hundreds. Although companies easily can go bankrupt, countries cannot. The strategy must be profitable and not include the elements of the martingale, otherwise it doesnt work. In this scenario, you immediately lose on the first bet and bring your balance down.

Double martingale system forex pdf