You're automatically losing by running a martingale. Hate to say. It will do wonders for a bit until huge market spikes. Then, you'll lose every fast profit you'll ever gain. What you can do is include stops every 5 positions or so, but you'll get stopped out frequently with large drawdowns.....its a losing strategy.
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Originally Posted by Big Daddy
I am currently using the EuroX2 EA and i was up about $40,000 on a $100,000 account, but then lost $90,000. No stop losses.
if i would have stayed in the market, it eventually rebound with the dollar getting stronger. I was scared to loose all my capital.
What is the best way to have a stop loss in the system or do they have better programs out there that can make great returns???
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