Many merchants like to make use of Martingale/Grid technique, when the worth drop , they improve place, typically double misplaced positions, so the floating destructive P/L will probably be instantly diminished.
They hope the worth 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 all the time holding destructive place, when the market driving loopy, just like the OIL future grew to become zero,
your complete steadiness will probably be broke.
I suppose utilizing Martingale/Grid technique is rather like taking medication, 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 may drop in the future.
Martingale/Grid technique additionally relative to the grasping of human nature , individuals do not wish to lose even one cent within the commerce , however they’re going through the likelihood of shedding all the cash .
Attempt to keep away of Martingale/Grid Methods, preserve your place quantity small if you end up unsure concerning the market motion.
If the market development doesn’t towards to our place , how one can defend your steadiness ? a terrific cease loss setting and place administration is a should.
we’ll present how one can cease loss finest in following articles , additionally you possibly can observe me and be a part of our channel https://www.mql5.com/en/channels/forexaisignalcom
Thanks and Beset Needs
Richard
3th Sep 2023