How To Trade Blog: November 2021

Monday, November 22, 2021

What Is FOMO? Causes And How To Deal With FOMO In Trading

FOMO is a thing that almost all traders meet when trading in the market. What is FOMO? Why is it so dangerous? The causes and how to overcome it? I will answer these questions in this article.

Bitcoin’s 7 crazy days

On December 16, 2017, when the price of Bitcoin (BTC) was at $19,500/BTC, I posted this status on my Facebook.

This Caption can be understood as Bitcoin is creating Fomo. Either sell out and leave the market or die.

On December 19, 2017, Bitcoin price dropped to $17,000/BTC. The crowd was still cheering and buying frantically.

On the morning of December 21, the earthquake of BTC took place. The sharks began to sell and the price dropped like never before. Fear covered the Coin market. Everything happened at breakneck speed from $17,000 – $15,000 – $13000… Now the crowd started to panic and turned to sell BTC. All ran away, which made the BTC drop to nearly $10,000.

After the thought that everything was broken, the bottom-fishing money flow appeared. It pulled the BTC price soar to $15,000.

Bitcoin created Fomo for the second time

7 days with 2 times of FOMO, from $19,000 BTC price plummeted to nearly $10,000 and then rose back to $15,000. Crowds are like slaughtered pigs, led by the market to buy high and sell low. After all, they left the market empty-handed.

Until now, this is still considered one of the most expensive Fomo lessons in the Crypto market. You can review it on Tradingview of the last days of 2017.

Ok! Now we come to today’s article. The market will always create Fomo sentiment. It will always be the traders who pay to experience and understand the concept of that negative sentiment. If you haven’t lost money yet, here’s an article that will save you hundreds or thousands of dollars.

What is FOMO?

FOMO is an acronym for Fear Of Missing Out, which is understood as a psychological syndrome of fear of losing opportunities.

Fomo psychology in trading means traders always have a feeling of fear that they will miss trading opportunities.

For example, you see people rushing to buy gold. Experts and news simultaneously predict the gold price will go higher. You are afraid that the more you wait, the more the price increases. So you follow the crowd to buy gold (like the gold Fomo story below).

Or like you are waiting to buy Bitcoin. You feel restless, worried that the price will not return to the Buy zone. As soon as the price pops up, you are afraid of losing the opportunity and immediately jump into BUY trades. You would ignore all previous plans and BUY as quickly as possible.

Traders always have a feeling of fear that they will miss trading opportunities

In short, Fomo is a fear of missing opportunity made up by you. You always feel it slip out of your hands. The more you fear, the more you will want to act.

Most traders when participating in any market (Forex, Crypto, stock…) at least experience Fomo once and lose money. So if you’ve been through Fomo, don’t be shy because everyone has been like that. HAHAA!!!!!

The Gold Fomo story

This is one of the super classic lessons about the gold Fomo. I will try to use pictures and explanations for you to understand. Gold price from July 2020 to August 2020.

(1) When gold rallied from 1800 to 1950 (beyond the peak of 2011), Fomo sentiment started to be activated.

(2) Media, experts, international news continuously reported that Gold would surpass $2,000 and increase to $3,000 within the next year. Or like the economic crisis caused by Covid 19 would bring gold to $3,000 in the future… Lots of good news supported a bullish scenario for gold. The crowd started buying gold. Even newbies and amateurs also came to the market to trade Gold.

(3) What happened next? Gold plummeted sharply for 3 days in a row (from $2,075 to $1,910). The crowd was panicking. They changed from BUY to SELL positions as quickly as possible. Once again, the Fomo SELL sentiment took place and the market continued to lead traders.

(4) What was the result? After strongly stepping on the gold price in the 186x area to pull the panic to the extreme, large cash flow started to rush in, pulling the market back up to the $2,000 mark. Gold rose again like “there has never been a breakup”.

What about traders? After 2 strong slaps of the market, perhaps they have come to their senses. But the money in their accounts has been long gone.

The result of the whole Gold Fomo process

Why is Fomo in trading dangerous?

Fomo entails fear of losing money

“The market is a device for transferring money from the impatient to the patient. – Warren Buffett.”

The market that you and I know has zero-sum. It doesn’t print money. Money goes from one person to another. The more impatient you are, the more you want to act. So when you have made a decision, the probability that you make a mistake is extremely high.

Then Fear of losing an opportunity will lead to action => Rushing action will lead to mistakes => When you’re wrong, you’ll be afraid of losing money => Fear of losing money so you don’t dare to cut your loss => Your account will have nothing left.

It will be like a loop over and over. If you don’t realize it soon enough, the price you have to pay is enormous.

The nature of the market

The market nature is to create a Fomo to pull the crowd in, then reverse and “take all the money” to Mr. Market’s pocket.

Let me give you a view of some waves and phases where the market creates FOMO by pushing the price up quickly and sharply.

The first wave is in the early of 2018 from Coin ETH. The price rose rapidly and strongly from $700 to nearly $1,400 to create FOMO, then plummeted. Most of the traders participating in the market were stuck in line and swing at the top.

The next wave is Gold in 2011. The market also pulled the price up quickly and strongly, leading to the FOMO. Then it created a peak distribution followed by a sharp bearish reversal.

General scenario: Pulling the price up quickly and strongly, spreading Fomo sentiment throughout the market. When the traders’ money flow ” enter, the price reverses sharply then traders lose money.

Now you know, the market will always create Fomo under such a scenario. It activates your greed and also your fear of missing out. And when you jump into the game, you will always be behind and being led by the market.

Causes of Fomo

Crowd psychology

Do you plan to trade Gold or Coin? Do you plan to buy stocks in a good price zone? When the crowd is looking in a direction, chances are you will throw all those plans and look in their direction too.

Believe me. When you enter this market, you will see it clearly. The crowd navigates you. They constantly post technical analysis, good news to back their decisions.

Crowd behavior is very pervasive and you will be affected. You don’t want to be late and miss the opportunity to make money. You are afraid of losing the opportunity every hundred years.

So the result is you follow the crowd and the crowd loses money.

Trading emotions

All surveys show that gambling or financial games involving money give people a very stimulating feeling. Maybe it’s greed or addiction. Sometimes it’s fear. But traders like the excitement of entering an order, nervously watching the price movement of each transaction.

I also don’t know exactly how to explain it. But I believe most traders have experienced something like that at least once. It’s not that they don’t know, but this is exactly an emotion of trading, emotion in the games of money.

It is this emotion that urges you to always watch the price, watch the chart, watch the news… Then, the more you watch, the more you fear losing opportunities. Fomo mentality keeps repeating. Therefore, as soon as the price moves quickly and strongly, you will be swept up in the market.

How to deal with Fomo

Do everything slow

It is rumored that Zhang Sanfeng lived to be 169 years old. But in fact, he only lived nearly 150 years old. His secret is to live slowly, breathe slowly and practice tai chi.

A turtle’s lifespan is 300 years. And the reason is the same, slow walking, slow heart rate, and slow breathing.

The slower you go, the longer you live. This is the way of life, but it is also the way of trading. The slower you go, the more time you have to think and make the right decisions.

More importantly, when you’re slow, you learn patience. You will avoid rapid traps of the market. You will never let the market control you.

Keep the money safe

You may be wondering If I don’t hurry, will I lose a good investment opportunity?

But the opportunity is not always there. The market will be there tomorrow, next weeks, months, even hundreds of years from now.

In the end, the market is still the same, still exists with a lot of opportunities. But when you lose all of your money, it means there are no opportunities.

Remember that all the investing geniuses in the world just advise you to keep your money safe and sound. No one is advising you to make money at all costs.

Stay away from the crowd

Remember Dogecoin (The Coin of Elon Musk)? It is one of the FOMO hits of 2021 worth putting in a Textbook. The boss of Tesla Corporation is the man who creates Fomo all over the world and engulfs all the investors with just a few Twitter statuses. In the end, the money goes to the pockets of the creators and the rest was buried in the grave of history.

In investing, never let the crowd decide your money. You can be wrong. Others can be wrong. Experts can be wrong sometimes. But the crowd is certainly wrong.

Conclusion

I do not cover trading knowledge in this article. For the sake of simplicity, I know that even if you have more knowledge, you will still fall into the Fomo trap and still lose money like everyone else.

Fomo is like a mental illness. You cannot use indicators or price patterns to fix it. You can only face and step through it with bravery, with the patience inside of you.

What if you can’t? So let the market lead you to your final resting place!!!!!

The post What Is FOMO? Causes And How To Deal With FOMO In Trading appeared first on How To Trade Blog.

source https://howtotradeblog.com/what-is-fomo/

Tuesday, November 16, 2021

6 Money Management Strategies In Forex Trading You Should Learn & Avoid

The secret that helps you make profits safely is not from the trading strategy. It comes from the money management strategies in trading.

“In trading, it doesn’t matter whether you are right or wrong. What matters is how much you make when you’re right and how much you lose when you’re wrong.” – George Soros

You may not know Soros’ win rate is only 23%. You don’t hear wrong. The so-called genius of speculation has an extremely modest winning rate. But if we take the time to read, his wins are stunning.

– The short selling British Pound in 1992 brought Soros more than 1 billion USD.

– The deal crashed the Thai Baht (1997) with a total estimated profit of about 800 million USD.

– The short sale of Japanese Yen (2013) made a profit of more than 1.2 billion USD.

George Soros became a billionaire just as he said. Lose the least when wrong and win the most when right. And it is encapsulated into 2 words: MONEY MANAGEMENT.

In this article, I will write about 3 topics:

– What is money management? Why should we do money management in trading?

– Principles of money management.

– Money management strategies in Forex and Gold trading (applied to all markets).

What is money management in trading?

Money management in trading is the process of controlling your investment amount.

There are two important issues in money management. (1) Minimize risk and (2) Keep profits safe during trading.

For professional traders, money management is the work of controlling risk in the trading process. And money management is no other than emotional management.

Why do we need money management in trading?

To survive

Has anyone told you the market is like a battlefield? It doesn’t print money and everyone tries to take money from each other. Even the trading brokers are trying to “eat up” your money.

Therefore, your first lesson when entering the market is to adapt and survive. To achieve that goal, all you need is money management.

There is a general rule on every market you participate in such as Coins, Stocks, Forex, Commodities, etc. As long as you have money in your account to survive long enough, profits will come naturally to your pocket.

Solve psychological problems

The game of money is a psychological game. It’s not that you analyze or predict the market wrong. But the problems lie in your mentality. Is it good enough to do exactly what you planned? How to overcome the psychological issues?

The answer is the same – Money Management. Why do I say that?

If you know in advance how much money you will lose, your mentality will be much more stable. For example, you can earn $3000 per month and each trade you make will lose $30 (only 1% worth) of your total monthly income. So what is there to fear?

Aim for profit

Now, take a look. Every time you open a trade, you play a probability game. Although the probability of winning will be high, there is still a certain loss rate.

So how can you win the most when you’re right and lose the least when you’re wrong?

The answer is still Money Management. Only then will your account be profitable.

5 principles of money management in trading

Cut loss

The successful mantra in trading is cut loss. If you do it well, you will earn money.

The holy grail in trading also revolves around only 2 words – Cut loss.

It’s not sure you will make money after knowing how to make a stop loss but you will survive. On the contrary, it’s no doubt that you will lose money if you don’t use stop-loss. Remember, it’s 100%. Don’t believe it? You can try.

Stop unrealistic dream

When I started with Forex, I used to think that I would be financially free and become a rich man. I can go anywhere in the world and buy whatever I want… Has anyone infected your head with those things?

The more you expect, the more you are disappointed. The more you are disappointed, the more negative you are. These will make you lose over and over again. It’s like a vicious cycle

Let’s try to lower your expectations, set small goals to survive and adapt. Then make small and steady profits. You will be like a child learning to crawl, to walk, to speak…

If from the very beginning, you think of making a lot of money, you will be disappointed. But if you think it takes money to learn and adapt, then when you get small profits, you will feel much more positive.

Slow thinking

Try to do everything slowly. You don’t have to be fast. The market will still be there. The opportunity to make money is always there. There’s no need to rush.

Slow means to have a clear trading plan, sit back and wait for the market to create “delicious” opportunities to trade with your money. Be ready to use stop loss when you’re wrong. And dare to wait for the price to reach the profit-taking level.

When you have a slow mindset, you will learn patience. You will not get carried away by the market. You are also willing to pass up the opportunity to keep your money safe.

Slowing down a little bit, breathing deeper, and patience are the foundation of all money management strategies in trading.

Trading plan

Planning is an important preparation step. In money management, you need to know in advance exactly how much you will lose for each trading decision. Of course, the plan is just on paper, but without preparation, you will be in chaos.

Sticking to a plan is also the best way to practice discipline in this tough and risky market.

Learn how to win big

Most traders use the loss-holding strategy very well but their profit-holding skills are not that good. This is a psychological disease that the market sows in the trader’s head.

If you use stop-loss right but can’t take profit enough, the result is that you still lose money.

I often call this problem “Early profit-taking”. For example, when you’re wrong, you use stop loss and lose $50. But when you’re right, you only win $20. In general, the account is still at a loss.

I have written in detail each money management strategy in trading. Now I’ll just repeat it and put the article links in. Please click to read, understand and use accordingly.

3 Money management strategies you should learn in trading

The 2% rule and Trailing Stop

For each trade, you can only lose up to 2% of the total money in your account (2% rule). For example, you have $1000. Then you can only lose up to $20 in one trade.

What about Take Profit? I encourage you to use Trailing Stops to maximize profits.

And here is the tool to help you calculate lot size. Lot size calculator.

R:R ratio

R:R ratio is suitable for Day Traders – intraday trading, with clear Stop Loss and Take Profit.

If your trading strategy is stable, you can combine it with a reasonable R:R ratio to make as much profit R as possible.

Profit-holding

“When your prediction is right, you have to throw continuous kicks”. Use Profit-holding to increase profitability when the market moves in line with your prediction.

3 Money management strategies you should avoid in trading

Martingale betting system

Double when you lose – Continue until you have nothing left. This is the truth of the Martingale betting system.

But the point is how much your mental strength can handle. The game of money is a game of psychology. When you trade with large amounts of money, the psychological pressure will be great.

As fear takes over you, the more you try to trade, the more wrong you will be. With Martingale, consecutive mistakes will burn all your money to ashes.

Loss-holding

This is the suicide money management of many traders, especially newbies. When their predictions are wrong, instead of using stop-loss, they hold loss and hope that the market would bounce back to break even and gain some small profits.

Of course, with the Loss-holding strategy, sometimes they escape from the hand of Death. But sooner or later, they will lose everything in their account.

All-in

All-in is to put all your money in a single trade. I have talked about 2 ways: (1) Active all-in and (2) Passive all-in. You can find the detailed article here.

To conclude

I have been in this market for more than 8 years. Most of the teachers or traders who share experience will talk about the method of placing orders first and how to manage money later.

I think the opposite should be done. Learn how to manage money first and learn trading strategies later. I have shared the reason clearly. You need to survive before thinking about making money.

With good money management, you will control risk and emotions in trading better. These are my thoughts. What about you? Let’s leave a comment below to discuss with us.

Love!!!!!

The post 6 Money Management Strategies In Forex Trading You Should Learn & Avoid appeared first on How To Trade Blog.

source https://howtotradeblog.com/money-management-in-trading/

Wednesday, November 10, 2021

How To Trade Forex With All-in Strategy And Unlimited Leverage

Usually, no one recommends All-In capital management. It’s not wise to bet everything you have on a single trade. Win big or lose everything.

However, I have witnessed some people make money from all-in-style. So I will rewrite and share in the most honest way. If you find it suitable, you can try it.

In this market, profit is the answer. There is no right method or strategy if you are not making money. Do not praise or criticize any method or strategy. Let’s read and absorb it based on the spirit of learning and expanding knowledge.

What is All-in?

All-in in poker means to bet all your money currently on the table on a single hand.

All-in in Forex means to put all the money you have in your account into a single trade. If you are wrong, your account will have nothing left (burned). If you’re right, you’ll earn a big amount.

Usually, there will be 2 cases where traders do all-in in Forex trading:

(1) Passive All-in. They just lost a large amount of money and only had a small amount in the account. So they decide to make an all-in transaction. if win, they will recover the losses. If lose, they quit.

For example, my account has $750 left. So I open 1 SELL EUR/USD trade with Stop Loss 40 pips and all in. So the trading volume of this SELL order is 2.5 lots. If the price touches SL, the account balance will go to 0.

(2) Active All-in. Simply put that traders use all-in as a capital management strategy. Usually, they just sit and do nothing. But when the moment comes, they will go all out.

In this article, I will write about case (2). Use all-in as a strategy to make profits in Forex. The strategy is called All-in with an unlimited account in Exness trading platform.

For instance, you have $500 left in your account and trade 30 lots of Gold. If win, you get several thousand dollars (more than 5 times the capital). If lose, you lose $500. Is it worth a try?

Trading with Exness Unlimited Leverage account

How to trade Forex with All-in strategy and Unlimited Leverage

Step 1: Open Exness account and get the IB link

Click on this red text and register: Open an Exness Free account with IB link.

Why you must do this?

(1) Exness has an Unlimited leverage account. With a balance of less than $1000, you can open 3 consecutive transactions of 20 lots (or even more).

(2) All-in is also a strategy for you to increase the trading volume and get the commission. In a nutshell, you become a referral for Exness and get the commission from your transactions. It means if you win you will have a big profit. If not, you get a little commission back.

Step 2: How to all-in

When trading with an Unlimited account, just inching 1 pip can make your account burn out. Therefore, there is no specific method to win for sure.

Thun, the best way to all-in is to trade on news (the news is strong enough to affect the currency pair you trade). At that time, the price is likely to fluctuate in a certain direction, either increasing strongly or decreasing sharply.

For example, if you trade gold (XAU/USD), focus on the times of the US news (NonFarm, CPI, PPI, GDP… or the Fed – FOMC). These are the periods when the gold price can be very volatile. You can follow and enter the trading order.

Of course, if you trade in the wrong direction, your money will be all gone. On the contrary, if you are right, start moving the SL. Use the Trailing Stop technique to protect your profits.

Step 3: Deposit and withdrawal strategy in all-in trading

Active All-in is a deposit and trading game. The outcome will usually be: Lose more than win. Therefore, you must not leave too much money in the account.

For example, you have $10,000 and want to use the all-in capital management strategy. Then let’s split it into 20 top-ups, 500$ each time. Deposit when you lose and withdraw when you win.

Then, with 20 all-in times, you only need to win 3 out of those 20 chances. You will get your full amount back. Moreover, Exness will pay you a small commission for trading with high volume.

Earn commissions with Exness Unlimited leverage account

Step 4: Forex trading is just a side job

If you consider Forex trading as a full-time job, the all-in strategy is not for you. This strategy is only for those who consider Forex as a side business and focus on strong news.

It’s because not every day the market has news that is strong enough for you to bet all in. Therefore, full-time traders with all-in capital management will not be able to beat the market.

Ok. Basically, you already know how to do all-in. That’s all I want to share in this article.

To conclude

There are only 2 results when you go all-in with the Unlimited leverage account. (1) Earn many times the amount of money spent and (2) Lose all. It’s quite dangerous, right? But if someone is making money from this strategy, they’re still doing it right.

I absolutely do not recommend this type of trading. The article is only for you to have a more perspective on trading and capital management.

The post How To Trade Forex With All-in Strategy And Unlimited Leverage appeared first on How To Trade Blog.

source https://howtotradeblog.com/forex-capital-management-all-in-style/

Monday, November 1, 2021

Review Martingale Betting System In Forex Trading – Is It Worth Using?

“Double when you lose”. This is the simple philosophy of Martingale betting system. Many people think Martingale is the holy grail when they have a lot of money. However, experienced traders totally disagree with it.

In this article, I will explain the Martingale betting system and share my thoughts about it.

What is Martingale betting system?

Martingale is a capital management strategy that doubles trading volume when losing. Simply put, the more you lose, the more your trading volume increases. Until you win, you will get back the total amount lost together with some profits.

In gambling, let’s say on the first turn you bet $1 and lose. Then in the 2nd turn, you will bet $2. In case you lose again, you will continue to bet $4 for the 3rd turn and so on. Only after you win, you’ll be back with $1.

In Forex, suppose that your Stop Loss (SL) and Take Profit (TP) are both 20 pips. In the first order, you enter 0.1 lot. After hitting SL, you lose $20. Then in the 2nd order, you will enter 0.2 lot. If it hits SL again, then you will continue to enter the 3rd order with 0.4 lot. And so on until an order reaches a TP of 20 pips, you will get both capital and profit.

This way of managing capital is favored by many people because of an illusion. They believe that the winning rate will increase after each loss. Therefore, they will bet a higher and higher amount to be able to collect both capital and profit with just 1 win.

In reality, most of them don’t have enough money to double until they win. And the result is their money is all gone in the end.

Distinguishing Martingale with Loss-holding strategy

In Forex, a lot of people are confused about these two methods. Here are some specific examples.

– With Martingale, after you close and lose 1 trade, you will open a new one with more money. You can see an example in the picture below.

Order 1: you open a SELL trade of 1 lot and set a Stop Loss of 20 pips. As a result, the price hits SL. Your SELL order is closed and you lose $200.

Order 2: Place 1 SELL order with a volume of 2 lots and SL 20 pips. The price hits SL and you lose another $400. You continue like this until the 4th order.

Order 4: Place 1 SELL order with a volume of 8 lots. Still set SL and TP 20 pips. The price hits TP and you earn 1600$.

So, after 3 losses and 1 win, you still win $200 in the end.

– Loss-holding is very different from Martingale. This is a type of trading that does not place Stop Loss. The more you lose, the more you enter orders. I have an example in the picture below.

Pic: Loss-holding strategy

You enter the first SELL order with no Stop Loss point. The more the price goes high, the more you SELL with increasing trading volume. Order 2 (2 lots), order 3 (4 lots), and order 4 (8 lots). As soon as the price falls back, your account will be profitable.

You can see more details in this article: Loss-Holding – An Insane Money Management Method In Forex Trading

How to use Martingale betting system in Forex trading

For me, Martingale is a way of managing capital. It’s not a trading strategy. Therefore, to use it, you need a strategy that has been tested for a long time and has a specific winning rate.

In this article, I will use a trading system that I often apply along with Martingale.

Step 1: Forex trading strategy

Use H4 candlestick chart (USD/JPY or NZD/USD) and Trend Magic indicator.

Formula:

SELL when the red H4 candlestick closes below the Trend Magic indicator. Stop Loss 20 pips and Take Profit 20 pips.

Forex trading strategy with Trend Magic indicator

BUY when the H4 green candlestick closes above the Trend Magic indicator. Stop Loss 20 pips and Take Profit 20 pips.

Step 2: Capital management plan

I will use the Martingale betting system for a maximum of 5 orders in a row. My total capital is $720.

I place the 1st order with a volume of 0.1 lots. If I lose, the 2nd order will be 0.2 lots and so on until the 5th order is 1.6 lots.
After any order from 1 to 5 reaches Take Profit, I will return to 0.1 lots.

So I have a Martingale cycle with 5 trades in total. If lose, I will increase the capital for the next order as planned. If win, I return to the starting point.

Step 3: Backtest the system

The main part of this step is to see whether my mentality is stable when using Martingale or not? And this is what I got.

When using the Demo account to trade with unlimited money and a comfortable mind, I always win.

But on the contrary, when using the Real account, I started to feel scared after losing the first few trades. The more money I use, the more fears I have. And all of my fears are gone when I have no money left.

Review the Martingale betting system

Traders who used to trade with Martingale don’t have good results. Burning several accounts is a very common thing. It’s easy to say but almost impossible to use in practice.

I will evaluate the details for you to understand more.

Account Status

During Forex trading, your account will always be in 5 states

(1) Big loss.

(2) Small loss.

(3) Break even.

(4) Small win, small profit.

(5) Big win, big profit.

So with Martingale betting system, your account is likely to fall into 4 states from (1) to (4). It means you can only win small when you’re right but lose big if you’re wrong. This goes against the trading mindset.

Try going back to the above trading system with Trend Magic and Martingale. If you win in 1 cycle, you will have a profit of $20. But if you are wrong 5 times in a row, you will lose $720 (36 times what you earn). Win small but lose very big.

Trading emotions

You may think that with Martingale system, a lot of money and reasonable trading volume, it will be very difficult to lose?

This is only true when you put yourself in an “emotionless” environment. Because if you have emotions, the larger the trading volume, the more afraid you will be. In this market, the more you fear, the more you will be wrong, and the more you are wrong, the more you will lose.

With other capital management methods, when you lose, you still have money to make a comeback. But with Martingale, there is not a single penny left for you to do again.

Conclude

If you have a lot of money and no emotions when trading, you are a good fit for Martingale betting system. But if you don’t have the above two factors, then stay away as far as possible from this capital management.

The post Review Martingale Betting System In Forex Trading – Is It Worth Using? appeared first on How To Trade Blog.

source https://howtotradeblog.com/martingale-betting-system/