Quoc Huy Bui

Trader at Trader

Vietnam

Martingale is a fairly popular trading strategy created to increase its position after losses and gradually reduce profits after successful orders. This strategy is based on a fairly common psychological illusion, whereby the probability of winning after a loss will increase.
Martingale is part of a high-risk trading strategy, but if you use this strategy, traders can get profit even when there is a high percentage of losses.
There are two types of Martingale - simple (when trading position doubles after each loss) and complexity - traders need to be more persistent and skilled because they need to consider their orders as a chain of orders and only completed when income passes losses.

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