First though this has to do with trading Binary Options it has little to do with trading.
I was reading about a modified Martingale method. Yes I know blow your account..been there done that no fun.
But given you are not the unluckiness person in the world.
I wonder what size account you would need to keep this cash cow running.
The rules are simple"
Your first trade is $5 and you keep trading $5 till you loose a trade
Your next trade would be $25 to cover costs and give a little profit if you loose net trade will always be enough to cover all losses and a bit of profit
when you finally win a trade you rinse and repeat.
Honestly I can't see myself losing more than 10 trades in a row yet 20 trades.
I know it's crazy but for example the odds of flipping a coin which is 49.99% 20 times in a row and losing every time is like 1 in 1 million 700 thousand.
So just thinking how much would your account balance be to keep something like this running. Any idea?