Question -

what is martingle?

10 Views
David Hunter
Answered 3 years, 4 months ago
<p id="isPasted">It is a trading strategy that started hundreds of years ago when a French mathematician proposed it. It involves doubling up your trading size when you lose.&nbsp;</p><p>Therefore, in the Martingale trading strategy,&nbsp;after losing, you should double your trade&nbsp;and hope that you will win. If you lose again, you double the size of the trade and so on. As such, if the last trade wins, it will mostly cover the previous losses and make you profitable.</p><p>Let's imagine a trade with two outcomes of equal probability, Outcome 1, and Outcome 2. X trades a fixed sum of $50 hoping for …</p>
3 Views
Ross Middleton
Answered 3 years, 4 months ago
<p id="isPasted">Among the casino gambling halls in Las Vegas, martingale was the most common strategy used. It is one of the main reasons why casinos have minimums and maximums for betting. This strategy has the disadvantage that it requires a large supply of money in order to be profitable at 100%. This may require endless money supplies.</p><p>The Martingale Strategy involves doubling the trade size after each loss. The classic scenario for the strategy is to trade a possibility that has a 50% probability of occurring. It is also known as the zero-expectation strategy.&nbsp;</p><p>The strategy suggests that a trader should …</p>
1 View
Anthony Giles
Answered 3 years, 3 months ago
<p id="isPasted">This is a trading strategy that originated centuries ago with a French mathematician. You double your trading size when you lose.</p><p>As a result, in the Martingale trading strategy, you should double your trade after losing in to hope that you will win. In case of a loss, you double the size of the trade, and so on. Thus, if the last trade wins, it will mostly compensate for the losses from the previous trade.</p>