Would you be interested in a trading strategy that is practically 100% profitable. This strategy is based on probability theory, and if your pockets are deep enough, it has a near-100% success rate.Known in the trading world as the martingale, this strategy was most commonly practiced in the gambling halls of Las Vegas casinos. It is the main reason why casinos now have betting minimums and maximums, and why the roulette wheel has two green markers (0 and 00) in addition to the odd or even bets.
But what is it and how does it work. This is useful given the dynamic and volatile nature of foreign exchange. Martingale strategy forex trading beginners closes losing trades, and doubles winners. The idea being to cut losses quickly and let profits run.Anti Martingale is an effective trend following strategy. Anti-Martingale strategy is a money management system based on increasing the trading volume in case of profit and decreasing the volume in case of loss.
This strategy is the opposite of Martingale system, which implies increasing the trading volume if the position is losing. If a trader use a standard Anti-Martingale strategy, he or she should double the volume, but the number of steps varies.
Martingale beginners forex strategy trading