IMHO All martingale systems need a "ah, screw-it!" filter set to go off after a trade has not close in profit for a few hours.
If it would just take the loss when its small and not wait around for days until it gets silly draw-downs It may work.
A system like this surly would have made many, many more times the profit back for that small loss it took if it was allowed to be freed up and start scalping again?
Case in-point: EvolutionV_Final was only down 200-300. $'s at the end of the trading day when it got stuck a week ago, it would have made that back a few times now.. So maybe a kill switch before swap & rollover on the day?..
Last edited by marlintrdg; 2009-01-16 at 11:23 AM.
Reason: Case in-point:
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