Strategy on forex martingale: is it a good plan?

We see more and more systems-based trading strategy martingale. This strategy is quite convenient as it allows you to view regular earnings and gains a linear curve. Now seeing more loan what is it in reality.

Remember that the martingale strategy is to take a position and then if it does not work, to take another position again and so on. The idea is thus that the trader has not lost since it can recover what was lost with the new positions initiated.

This therefore results in significant unrealized losses and gains small. When the market is favorable to the insider trade, the profit will be taken as quickly when the market is unfavorable losses will be increasing. This goes completely against the golden rule of trading which is why he always cut his losses quickly and let it run earnings as long as possible.

With the martingale, it will be just the opposite so I strongly advises against using this technique. The two postulates for it is not realistic. Would require the trader has unlimited capital in order to always take a new position, which is of course not possible. In addition, there is no guarantee that there will be a retracement or correction. For example, there were very strong price movements in mid-March 2011 from this show.

Now, they are more than you do your research to trade from a system with a positive expected value, one voice can to gain regular and reliable.