Not necessarily! There is no denying that Martin is still the most mainstream EA program in the market. But its black powder is basically higher than true love powder. But Martin is still the king of the market, which at first glance is a very magical thing, but it is also quite in line with the laws of the market.

Image source: Huicha

Martin strategy is a kind of fund management method, and its basic principle is based on pyramid accumulation method. When the order is quilted, we will add positions in the same direction every once in a while to dilute the cost. As long as the market retreats, the quilt series can be untied.

Martin is a betting strategy, and every time he loses, he will double his bet.

The idea is to make a profit first, recover all the previous losses and turn losses into profits. Take a coin toss as an example. If you raise your head and bet $65,438+0, and double your bet after each loss, you are likely to recover your previous losses and make a profit.

That's it:

Image source: Huicha

In the previous four times, you lost 15 dollars.

Then, because you have to double your bet every time you lose, you make a profit of $65,438+06 for the fourth time, which makes up for the loss of $65,438+05 for the previous four times, and the net profit is $65,438+0.

This strategy was later reset to bet $ 1 on the next coin toss.

Even if we increase the number of coins to 20 times, assuming that the first 19 times all failed, theoretically you can still make a comeback at the last time.

However, the trend of the market will not end suddenly like a coin in your hand. There is no law of gravity telling the euro that the dollar must stop and reverse.

The market does fluctuate, but these trends are not planned in advance. So, what happens when your Martin strategy sells Eurodollars for the fifth or sixth time, or worse, the currency pair doesn't fall by 20 points to reach your profit target?

The answer is that the account is facing greater risks! That is, it may explode!

Of course, it depends on the level of leverage you use, but even if you use a lower level of leverage, most traders will not want to continue to add positions in loss positions.

When using Martin strategy, the huge risk of account is inevitable in theory. We may make profits from this strategy for a period of time, months or even years. However, the risks faced by the account still exist, and reasonable control of risks, such as regular withdrawal of profits, is the way to trade.