Many merchants like to make use of Martingale/Grid technique, when the value drop , they improve place, typically double misplaced positions, so the floating damaging P/L will likely be instantly lowered.
They hope the value will go up quickly, however is Martingale/Grid good to make use of ? I afraid not.
you will get superb P/L curve utilizing Martingale/Grid technique more often than not, however you’ll at all times holding damaging place, when the market driving loopy, just like the OIL future grew to become zero,
your entire stability will likely be broke.
I suppose utilizing Martingale/Grid technique is rather like taking medicine, the growing capital paralysis the growing dangers of the heavy nagative positons. Identical to a harmful stair up to the sky,
there’s correctly they’ll drop sooner or later.
Martingale/Grid technique additionally relative to the grasping of human nature , folks do not wish to lose even one cent within the commerce , however they’re dealing with the likelihood of dropping all the cash .
Attempt to keep away of Martingale/Grid Methods, maintain your place quantity small if you end up undecided concerning the market motion.
If the market pattern doesn’t towards to our place , the way to defend your stability ? an amazing cease loss setting and place administration is a should.
we are going to present the way to cease loss finest in following articles , additionally you’ll be able to observe me and be a part of our channel https://www.mql5.com/en/channels/forexaisignalcom
Thanks and Beset Needs
Richard
3th Sep 2023