Trading Horse racing : Loss Recovery Systems

The sport of kings.
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alexmr2
Posts: 104
Joined: Wed Sep 26, 2018 12:32 am

Fri Oct 16, 2020 10:33 pm

I don't believe there is a profitable trader in the world that uses a loss recovery or martingale system

How about trying to trade defensively e.g. scale out so that your exit is at the breakeven point? I believe this is more a valid approach and will give you smaller but more consistent profits, which may be better for you psychologically

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speedyhamster
Posts: 64
Joined: Fri Sep 22, 2017 9:58 am

Sat Oct 17, 2020 12:01 am

alexmr2 wrote:
Fri Oct 16, 2020 10:33 pm
I don't believe there is a profitable trader in the world that uses a loss recovery or martingale system

How about trying to trade defensively e.g. scale out so that your exit is at the breakeven point? I believe this is more a valid approach and will give you smaller but more consistent profits, which may be better for you psychologically
yes i wanted to see how crazy such a system would be on betting (not that i bet) so i tried it on practice mode

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