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Re: Money management & Martingale
I have tried many systems that don't work. What I like about martingale is that it works on paper. Have looked at many markets for trading this strategy. Seems as though markets that let you bid and ask are the best such as stocks. Have not been able to find any automated software for this method. I first got the idea from a guy I met trading wheat using the you can't lose trading commodities book. He doubled down into massive quantities of futures before he took a small profit. One intersting idea was to do this with a spread so your range would be known in advance such as crack or crush.
Jeremy
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