Read most of what is in this thread and there were few things that encouraged/discouraged people from using a martingale system. 1.Drawdown is the first thing people are afraid of and it is normal to not want to lose money, but at the same time you ...

Martingaling - Looks so good until the inevitable

I do agree with you Razor. This system can trick anyone no matter how long you have used it and profits made over months can be lost in few hours. I am using it though with high surveillance, basically in front of the pc 10-12 hours a day watching ...

Martingaling - Looks so good until the inevitable

The way a martingale system should be traded can bring 0 risk. Deposit 5000 and run them. When profit = the deposit you should withdraw the deposit leaving you risk free. Now there are 5000 in the account but not your money. When it will reach ...

Martingaling - Looks so good until the inevitable

An uptrend is already started from support level 1288, which will be followed by moving up to resistance level 1293 and then to 1300. I'm up at 1289 with tp 1299 .

Only Gold!

I'm long at 1286 with sl 1284.5 and tp at retest 1291.5. Not the most clever trade as it's against the trend but missed the down move.

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I think it's 90/90/90 90% of traders lose 90% of their accounts within 90 days.

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USA market opened 20 minutes ago and gold price has remained unchanged. Price was rejected at 1311 and bought at 1312 with a tp 1 at 1326, tp 2 at 1334 and tp3 1343. Was expecting this down move after the 1434 level and now buyers are coming in the ...

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The way i see it we are still in uptrend and the arrows on chart are HH and HL . I would reconsider the analysis if we put a LL today. Rsi is backing up the trend continuation by moving down while price is doing nothing, making space for another ...

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New to forum, not so new in trading. Sold yesterday at 1337, 1338, 1340 and 1342 all with a tp at 1335 and Tp has been hit. Today i'll sit back and wait to see what will come next. Trend looks bullish but looking for a gap down to 1330, 1327 before ...

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