Martigale works for me, been with the system for more than a year and still profiting. IMHO, just take good care of the MM and lot management, don't be greedy try to strike big, then it gonna last long with consistent profit. better small than blown account.

PS: Must be modified Martingale like Mix Martial Art (MMA).

Well, yea. I try to control it under 20. But so far encountered probably 12-14. I can't really remember, coz it seldom happen.

Well, you can laugh all the way just like any other when they saw me using this system/strategies, saying it gonna blown in 3 months time. But I made it thru 1 year+. Now that guy dare not to say a word.. The DD is hover around 15-20%.

What you see from the monthly contest, the trader probably uses high risk high return martingale with bigger lotsize, if trend goes his way, he will make it, pure luck. All/Most of the contest use only demo account, so got nothing to lose. Probably that month only the trader reach 4-5 level which the capital can sustain the DD. For example, there is one month last year which I made 3k+ pips. If I use full lot, the return gonna be , but I didn't. Coz I know that its not gonna happen every month, I need to have good MM so that it can last long.

Haha, whatever it is, I am totally fine and good. I am really not pro answering question. I am not that sensitive and emo like the last "awesome" forumer that keep picking on lowya, with long beautiful answer.
Sure got the chance to see the 5 years result.

Yea, so far so good. I opened ZULU just for fun and curious by the way, coz I saw some traders in this thread keep on discussing about this ZULU trade, so I give it a try see what's my ranking gonna be.. Well, nothing much interesting there. Just 'pips fighting'. LOL

Exactly and welcome back.

I see, thanks for your useful advice. It really clear my doubt now.

sure can reach.

Euro pairs still going south.

If you trade blindly without good money and risk management, you gonna blown your account multiple times for nothing. If you really a risk taker and dont care to study the strategies, market, trend or whatsoever, why don't you try to look into some robots/EA. For example, scalp ea, hedge ea, martingale ea, etc etc. So you know what you are risking for, that will be more interesting.

Scalp ea can make you crazy and thrilling.

This post has been edited by mchicken: Sep 13 2014, 03:27 AM

@bulkbiz
Which broker are you using?

You got any good brokers to recommend? Thinking to change to another broker. Account just got bigger.

Check the date, it's outdated one. it doesn't bother you right?