You currently have javascript disabled. Several functions may not work. Please re-enable javascript to access full functionality. Posted 21 April - The short version is: I was following the strategy: That's the strategy but I wanted to know is it fundamentally flawed?

Basically its counting on not getting 7 bets wrong in a row and having money to cover. I tried the demo account which is the same as the real data and got a 5 in the row i. If you play all the time then you are guaranteed to get a 10 number streak at some stage and loose all your money. Maybe that would be ok in the future when you pay off your deposit tell me If you stick to a 1 Euro on a win, you will need to make a bit over winning trades on IQ to make Euro, meaning at least 3 and a half hours of PERFECT trading if you place a trade each and every minute.

But if something goes wrong, you could lose that Euro in just 8 minutes. Just wanted to point that out. I'm a new trader and this is my first strategy. I have some savings in the bank but the interest I get is so low I made up my mind to try binary trading.

Making more than the interest i get from the bank is a step up and as long I don't lose my deposit I'm happy to try it for the next few months. The probability of losing 8 times in a row must be low enough to trust? Do you think this is a sound strategy? My question is, do you think I can lose my deposit over the long term or make a small profit from my initial position with this strategy?

That would be 8 times I didn't win in the market. The strategy I am using is solely based on probability - that you won't lose 10 times in a row - but the more you play the more chance of coming up against you.

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So what do you think? I usually will not say anything about this type of stuff but here we go. Martingale is not a strategy you would be on a slow web based platform Muskit VS the fastest trades they offer Machine gun.

The only real reason to take another trade is because it looks better than the last trade you took. You are stacking the math exponentially against you with each step up and long term it is not viable. Broker takes the other side of your trade: The more you trade then the bigger reason you give him to knock your trade out.

Broker trades against you: When you can trade with discipline and a good well built logical strategy consistently at a level of exposure that you can be indifferent towards regardless of if you win or lose then you are far far more likely to consistently take his money. You want to step it up with money management then watching the video below is my personal best advice.

Wishing you the best of success with your trading. Trade smart and take time to develop the skill and I think just about anyone can beat the bank annual interests IMHO. That's really scary because if it happens I don't know what to do.

But that's 9 Japanese candles in one direction, I alternate direction every trade so Call Put Call Put on a turbo one minute trade. Majority of the traders here knows already the dilemma a Martingle will bring on a user. Nonsense in a way if you do not know what you are doing.

I have gone on what I have always thought. Its more if you see a setup, check what else can confirm and help you in making your decision to take the trade. Posted 22 April - Posted 23 April - I got 10 wins in the row.. I got 8 in a row earlier this morning wins so it must be common enough.. I just got a - 8 in a row - just a few hours trading from 10 in the row wins above.. I stuck to the strategy but its not much of a strategy if you get 8 - 10 consequectively bets either wrong or right within a few hours of each other?

It's been said before, and I'll say it again, DON'T!

That's the whole reason so many people fall for martingale, you will be winning most of the time it is true, but the mathematical definition is that there is an expectation to fail. It's unlikely that you lose, but eventually you shall, and you'll lose it all. If you search for it I'm sure you'll find any pattern you want within a chart, it's a chaotic system.

It would also be a lot wiser for you to study some of the simple stuff on this forum, and then you can invest larger chunks of your capital with more confidence. You'll be able to make more money, in less time, with less stress! Community Forum Software by IP. Search Advanced Search section: This topic Forums Members Help Files Trading Journals Pages.

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Approve Hide Unhide Delete Merge Split Move. Martingale Strategy or nonsense? Started by aindriu80 , Apr 21 Thanks for your feedback! BinaryOptionsTutordotcom, blackfoil, grzes and 3 others like this.

Very often win rate is good but I would never try it on real money. Singh, happyjas and aindriu80 like this. Please don't try this , simple. Back to 60 Second Strategies.

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