When double it, you need to invest 1% (max) of the money of you account on each trade, example 100 usd, you operate with $1usd at the time, but if you fail 6-7 times in row you will loose all the money in your account, that is the risk, using Martingale system you will loose all your money if you fail 4-5 times in a row
The best idea is to invest 0.5% of the total amounth of your account on each trade
I am double it with great results, but bad days will get you and you will loose money but never go below your initial investment, if you hit you initial investmet do not double it again, stop there and start again from that point
In fact, I have also heard that this approach is one of the most justified and profitable when trading on binary options. But if you decide to use it, then you should understand two main points. Firstly, in order to use this strategy, you need to have large enough capital, which you will break down into pieces. Secondly, depending on the total amount in your account, you will be able to decide what coefficient you will use for each subsequent step. I know that there are those that allow you to stay with yours in case of failure or those that allow you to make a profit even if the first positions are closed in minus. This can be quite risky, but if you understand the logic, it will be quite easy for you to stay in profits every day...
Comments
Martingale 1, 3, 8, 18, 40, 88, 191, 400
Duble It 1, 2, 4, 8, 16, 32, 64, 128
When double it, you need to invest 1% (max) of the money of you account on each trade, example 100 usd, you operate with $1usd at the time, but if you fail 6-7 times in row you will loose all the money in your account, that is the risk, using Martingale system you will loose all your money if you fail 4-5 times in a row
The best idea is to invest 0.5% of the total amounth of your account on each trade
I am double it with great results, but bad days will get you and you will loose money but never go below your initial investment, if you hit you initial investmet do not double it again, stop there and start again from that point