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The martingale, understood and under control

Chapter 3 · Managing your money · 8 min read

Sooner or later, every trader meets the idea: after a loss, increase the next amount, so that the next win covers everything. It sounds logical, and for a while it can even look like it works.

This lesson looks at the martingale with the numbers in hand, without myths in either direction. You will see exactly what it costs, why an unlimited version always meets its limit, and, at the end, how a strictly capped version can be used by a trader who already has an edge.

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Next · Lesson 10 · 7 minYour journal, your best coachWhat to note after each trade, and how your journal shows you where your edge really is. Unlock with a free account

Binary options are high-risk products and you can lose all the money you invest. This course is for education and information only. It is not investment advice.