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by stainforth 2239 days ago
If the market flips against me, I just double my bet on the next play.
2 comments
dkersten 2239 days ago
the market can stay irrational longer than you can stay solvent

Martingale is a sure-fire way to lose all your money rather quickly.

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vecter 2239 days ago
That's a great way to go broke very quickly.
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anjc 2239 days ago
Only if you don't have infinite money on the side, in which case it's guaranteed to be profitable
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WJW 2239 days ago
You also need the other side of your trades to have infinite money. But in any case, why are you trading at all if you already have infinite money?
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rsecora 2239 days ago
Martingala with transaction costs are not profitable.
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