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  1. #1
    Rookie Member

    Can this work? Strategy Martingale !!!

    Hi, I'm new to this forum.

    I tried some binary options (demoaccount) http://www.binaryoptionsdemo.com/ (only free demo account for binary options..) another one https://marketsworld.com/trade perhaps..

    I have a question!

    Anyway it seemed hard whatever strategy i tried. But then I'm thinking do try something else: I bet for 3 binary options following trend, let's say 1 win and 2 lose. So, next I bet the 2 losing options, using martingale (double next bet) following trend) -opposite as last. I continue doing this until all is won....then start over and place 3 new options following trend.. and martingale those options lost (following trend, in opposite direction).. Can this work?

    Any ideas about this? by the way if placing 100$ you win 170$ ..it's a 70% winratio (if lost, you lose all)?

  2. #2
    Solid Member Murphy13's Avatar
    Hi, ignatus!

    Welcome to BOTS! It is great that you started demo trading. Only when you gain some knowledge you could move to real trading. I couldn’t recommend you any martingale strategies as they are risky and also they tend to hide the real profitability of the system. In order to be profitable you need to have a success ratio of let say at least 60% without the help of danger martingale tactics. On you last question – you are right win ration of 70% mean exactly that! If you have other questions feel free to ask us!

  3. #3
    Rookie Member
    Thanks Why would it not work? Following trend should be the best strategy?... :S or? What strategy you recommend ?

    Cheers

  4. #4
    Specialist Member runneroption's Avatar
    Hi ignatus, Welcome to BOTS. Trend following is the best strategy you could use. The problem is defining the trend itself and also proper implementation of the strategy. There are tremendous amount of trend following strategies and only some of them produced good results. Also using martingale is not a good idea, especially combined with trend following.

  5. #5
    Rookie Member
    OK, but still how can you recover from losses?...hmm and what is the best timeframe? (following trends) 60 seconds, 5 minutes etc?

    What trend strategy you recommend?

    Thanks

  6. #6
    Legendry Member willyw's Avatar
    Its is best to to trade conservatively. When we have lossing trade and our initial margin decreases, many traders tend to have presure and like to recover their lossess as soon as possible and increase lots to recover which could result in more losses. Its best to decrease your lots after a few loss trades. If you we have profits we could just utilize just only profits to trade without using our profits. Do not be greedy!!!!

  7. #7
    Rookie Member
    i trade 60 seconds only. for me it is way better than trading especially if you have a solid strategy. i use pivot point and trade bounces, if the trade lose i place the same direction with double the initial investment starting with 5$, but trust me i'm able to make a consistent gain of over 100$ per day"

    Well?

  8. #8
    Administrator Martin Kay's Avatar
    Hi Guys!

    Within a few days we'll officially launch BOTS Social Trading Platform - CommuniTraders (beta). All forum members could trade (for free), follow other traders (for free) and share your own trades (to ask our PROS and community members what do they think (for free).

    Hope this new social platform will help the binary options community to grow on the right path!

  9. #9
    M.J
    M.J is offline
    Veteran Member M.J's Avatar
    Martingale has been, and still, a popular strategy for gamblers. It is extremely high risk strategy. You will find 1000s of articles on Pros and Cons of this strategy. Only 1 drawback of this strategy is enough for every trader to know why it is a destructive strategy. Martingale requires u to have unlimited money so that if u keep loosing and doubling, u do not run out of cash.
    There r many versions of martingale in order to reduce risk. You have to do some math in order to see how many loosing trades will cost u ur whole investment.

  10. #10
    Legendry Member willyw's Avatar
    Quote Originally Posted by M.J View Post
    Martingale has been, and still, a popular strategy for gamblers. It is extremely high risk strategy. You will find 1000s of articles on Pros and Cons of this strategy. Only 1 drawback of this strategy is enough for every trader to know why it is a destructive strategy. Martingale requires u to have unlimited money so that if u keep loosing and doubling, u do not run out of cash.
    There r many versions of martingale in order to reduce risk. You have to do some math in order to see how many loosing trades will cost u ur whole investment.
    Using martingale strategy to trade carries a very high risk. How much funds are we be able to trade using martingale strategy. How many can succeed? I have sen many failures rather than success. Its not trading or investing, its gambling. From my experience and personal opinion, its advisable to trade anti-martingale (reverse martingale which can lower a lot of risks and can help to save the account been burnt.

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