hmmmm, @sunwalk I just open chart to practise this your strategy, what i saw is 4 straight lost, check the chart below there is 4 straight loses after the cci indicator cross from below the 0.00 line. what is the lost losing streak u hav experience?
(red ema=40, yellow ema=80)

hmmmm,

Oga Sunwalk, pls reply to my mail sent to your email addres. Thank you

ahmedbrown:
Oga Sunwalk, pls reply to my mail sent to your email addres. Thank you

please I address issues here. as for any email u sent I recieve and respond via pm.but I address issues here...
reason is so that no one repeats d request

@sunwalk, say something about d chart and d best way to avoid that occurrence, what is your own longest losing streak?

barikay:
@sunwalk, say something about d chart and d best way to avoid that occurrence, what is your own longest losing streak?

7. $even losing streak. unlike you guys I am no armature so even if I get 10 losing streak I will live. I developed this strategy those newbies out there. that doesn't mean I use it. am not sure u guys can use my style. doubling all the way for as long as I care.


so... take heart.... start with the right amount and you will not regret it.



Sunwalk

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*yawn*

You people haven't still realised that the best strategy is all in you? binary.com has over 1 million different bet types. When I mean 1 million I'm saying the gospel truth. All you have to do is to look for just 1 out of the million that you can master.

That is why I know why Wills asked if people still do rise/fall and me I'd ask someone if people still do touch/no touch. It's only the one I know I would do and that is what everybody should learn.

Parisfran:
*yawn*

You people haven't still realised that the best strategy is all in you? binary.com has over 1 million different bet types. When I mean 1 million I'm saying the gospel truth. All you have to do is to look for just 1 out of the million that you can master.

That is why I know why Wills asked if people still do rise/fall and me I'd ask someone if people still do touch/no touch. It's only the one I know I would do and that is what everybody should learn.

u know wots up bro,witout touch/no touch bet,binary is jst nt 4 me

willscolf:
u wots up bro,witout touch/no touch bet,binary is jst nt 4 me

LOL @bro...



To me any strategy that involves me adopting martingale money management becomes a gambling... try your luck things


By the time the market decided to show you shege, you go think say winchy dey follow you.

Martigaling is a disaster and it helps in accelerating blowing of accounts.


Back-tested this strategy on different pairs, mehn... it ain't funny...

Manweysabi:
LOL @bro...



To me any strategy that involves me adopting martingale money management becomes a gambling... try your luck things


By the time the market decided to show you shege, you go think say winchy dey follow you.

Martigaling is a disaster and it helps in accelerating blowing of accounts.


Back-tested this strategy on different pairs, mehn... it ain't funny...

*** Bar man abeg give my guy 2bottles of hennesey****

Binary options are meant to be relatively safe investment for we non-fx guys and not some gambling büllshīt

it is one thing to criticise someone else strategy.... its another thing to make it a constructive criticism.



if at all you intend to criticise do well to make it constructive rather than downright discouragement.


everyone in the house has one way or the other researched on the genuineness of martingale.... as well as its catastrophic nature.... someone took the time to build something to make martingale as safe as possible. a strategy clearly implemented by the original poster.


it is note worthy to know that I clearly tested it in all market condition....as you all might know, I do not demo trade. start binary with enough leverage as you can, just like you would on fx. treat it as a biz... bizmen start well... leaving no part unchecked for better result wen starting biz.


anyway I took time to effectively test this system.... and I assure you its worth it. if I had kept it to myself of what profit is it to me.... if you chose to criticise y don't you be constructive or at the least drop wat actually works for you. until then screw backtest and put ur back on it and try it for once.


don't be like the Pharisees who can't enter heaven and feels cool hindering others from entering it either.


a word is enough for the wise.


SUNWALK.

@Sunwalk,dis doesnt call 4 dispute,d martingale might b working 4 u,I dnt doubt it bt in real sence dat stuff walks best in casino nd oda gambling zones wia d chances of u winning is clearly 50/50 but hia in forex or binary option wia d market movement cn b damn erratic martingale is a disaster dat cn wipe a person's accnt in a twinkling of d eye.note:to suceed wit martingale in dis biz u've got 2 hav an endless amount in ur account

instead of martingale i'd suggest an opposite MM strategy whch is safer,nd can build an accnt rapid if only ur trading strategy is atleast 50% reliable.dis strategy is called d ANTI-MARTINGALE strategy.in dis case u double ur stake after a win nd lower it(stake) by halve after a loss.wil expanciate on dis later if any1 isnt clear enof ....alot better nd profitable dan d martingale

wakacome:
Hey guys,I learnt that binary accepts nigerian cards,but how will I be able to withdraw if I deposit through credit card?

whenever you plan to withdraw let us know.

willscolf:
instead of martingale i'd suggest an opposite MM strategy whch is safer,nd can build an accnt rapid if only ur trading strategy is atleast 50% reliable.dis strategy is called d ANTI-MARTINGALE strategy.in dis case u double ur stake after a win nd lower it(stake) by halve after a loss.wil expanciate on dis later if any1 isnt clear enof ....alot better nd profitable dan d martingale

if you actually use it.... then pls outline the anti-martingale just like I did mine. let's see how profitable it can be compared to the very one I stated.

sunwalk:
whenever you plan to withdraw let us know.

I hope depositing with credit card will not affect my withdrawal?

wakacome:
I hope depositing with credit card will not affect my withdrawal?

it will not. payment agents are always an alternative

sunwalk:
it will not. payment agents are always an alternative

thanks..which payment agent can I use or should I use?

wakacome:
thanks..which payment agent can I use or should I use?

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willscolf:
instead of martingale i'd suggest an opposite MM strategy whch is safer,nd can build an accnt rapid if only ur trading strategy is atleast 50% reliable.dis strategy is called d ANTI-MARTINGALE strategy.in dis case u double ur stake after a win nd lower it(stake) by halve after a loss.wil expanciate on dis later if any1 isnt clear enof ....alot better nd profitable dan d martingale

There are two kinds of Martingale strategy... the losing martingale (which was shared here) and the winning martingale.

The winning martigale works with strategy that has high winning rate and requires one to take fewer trades...

The winning martigale, unlike the losing martingale, requires one to reduce one's stake after losing a trade. And also double your stake after winning a trade.
It was designed in a way that one would have edge over the broker.


It requires patience, discipline and a good strategy.

Ps: willscolf expantiate.

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PUT USDCHF@4.30M OR MORE
EXPIRY@8:30GMT

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CALL EURUSD@103.5 OR MORE
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@manweysabi,tnx 4 ur contribution.winning martingale is actually anoda name 4 anti-martingale.nw let me giv a few instances.assuming in a risk/reward ratio of 1:1 u staked $20 as ur 1st trade nd won den u double it by staking $40 in d 2nd trade nd if u win u'll hav a $60 net gain instead of d $40 u wud gain if u had not doubled it,but if u had lost u wud hav had a net loss of $20 nd dat section of trade is over.u start again wit $20,if u happened 2 loose,stake half of $20 i.e $10 in d 2nd trade if u loose,ur net loss 4 dis section wud b $30,bot if u'd win ur net loss wud hav bin $10.Note: dis mm strategy wil benefit wel in an rr of 1:1.5 or 1:2. Gud luck people

willscolf:
@manweysabi,tnx 4 ur contribution.winning martingale is actually anoda name 4 anti-martingale.........

The Martingale Binary Options
Strategy – Gambling or Trading?
This legendary system has been
around for a very long time and it’s
one of the most talked about
strategies of all time. Today we are
going to explain it in detail and see
if it sucks or not. It originates in
France and it was first used in the
18th century in the game of coin
toss – a gambler wins if the coin
comes up heads and loses if the
coin comes up tails. To be honest,
things are not looking good for the
Martingale right now, because any
association between a coin toss and
trading…sucks big time. Let’s keep
an open mind and continue: if the
gambler wins, he plays again or
leaves the gambling table to spend
his easy money, but if he loses, he
must double up on his bet in order
for his potential win to cover for the
previous loss. Here is an example: if
the first flip of the coin is a loss of $
1, on the second one, he bets $2. If
the gambler wins this toss, he
covered his loss of $1 on the first
bet and on top of that, he made an
extra dollar. All good so far, but if
he loses the second toss as well, he
must double up his previous bet, so
now he has $4 at stake. If he wins,
he gains $4 which will cover his
previous losses and bring him an
extra dollar (first loss – $1, second
loss -$2, total – 3 dollars). If he
loses, he will again double up the
previous loss, which means he will
bet $8. Ok, I’m not going to bore
you anymore and just tell you that
this doubling up will go on
indefinitely until a win comes along.
It will look like this: -$8, -$16, -$32, -
$64….hmm, pretty long way from $1,
which was our initial bet. Well,
eventually the coin feels bad for all
the losses and comes up heads for
the win and given that our current
bet was $128 (double the previous
loss), we gain that amount and cover
all the losses, plus $1 (all or losses
summed up were -$127). That’s
about it with the explanation so
let’s look at the pros and cons of the
strategy:
Why does the Martingale Strategy
Suck?
Think of it this way: what if the
streak of losses extends to 10, which
is very possible? Assuming you just
started with a bet of $1, your
current bet would have to be $512…
and if you win that, you make a
measly profit of one buck (all your
previous losses are -$511). Our bets
will grow exponentially with every
loss and the numbers will quickly
get out of control and eventually we
will run out of money. This strategy
has no “edge”, nothing to make it
work other than pure LUCK! It is
clearly and with no doubt a
gambling strategy…but maybe there
is still hope for it and we could
make it work in trading. Let’s see:
Why the Martingale Strategy
Doesn’t Suck
It is mathematically proven that
eventually the coin will come up
heads and we will win if we can
keep betting. The fact that you will
win without a doubt generated the
huge hype of the Martingale.
However, you need two things to win
for sure: infinite money and infinite
time…yes, hard to find, but don’t
forget we are traders, not gamblers.
A trader tries to tilt the odds in his
favor using technical and
fundamental analysis. If we combine
Martingale and good analysis of the
market…we might have a winner.
Now, I’m not talking about a
complete novice that just uses
Martingale and has no idea about
market environment, but a trader
that can get the direction right at
least once in five trades, or
depending on his account balance,
even once every ten trades.
Conclusion – Use the Extreme
Caution!
I am not really a follower of
traditional trading and money
management techniques and I
consider that if used wisely it can turn
out to be profitable, but not as a
strategy by itself, because that is
just gambling and hoping. If you are
confident that your thoroughly
tested system has an average losing
streak of about three trades, then
you might consider a Martingale
system, knowing that eventually a
winning trade will come. If all you
do is gamble and think of yourself to
be a trader, then the Martingale will
blow in your face and you will be
left with no money in your pocket. I
don’t want to sound gloom, but the
Martingale should have a tag that
says “Handle with extreme caution”.

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