Martingale strategy in trading will have the same effect as martingale in a gambling sites which is a lose sooner or later but if you are truly good in trading especially in reading graphs than this strategy could be well applied to it
It could be applied for binary options trading since it will be just the same as the usual martingale strategy that is used for gambling though
I guess that is true but it will have a lot of risk in doing martingale altough if you good in reading graphic and your analyze is almost perfect but you could make a mistake too so its too risky to do martingale in trading. Better to trade like usual and hope to get profit from it and dont expect too much from martingale things
Excellent skill in reading graphs and analysis is not a guarantee that you will never lose in trading. It is just as an insurance that will give you a better chance to "win" in trading. Golden rule of trading : each time someone get a profit, there will be someone who lost.
You cant always "win" in trading therefore there is a term to "cut loss' for pro trader
Well you know me, Im not a day trader, a gambler suits me better . I just got some skills in reading graphs or so thus this enable me to know about this "small movement" which is declining day by day.
True that most people dont care unless the price goes up or down by atleast $25 or so but since this thread is about trading strategy that is why I posted that though to make people aware the declining prices
P.S : Plus I read alot of graphs analysis so yeah