Basically, the Martingale technique will multiply Lot units (volume trading) under certain conditions, to achieve large profits in a position that is able to cover the total loss from previous losing positions.

The conditions for running the Martingale strategy can be described like this:

1. If the position wins, keep the initial Lot amount.

2. If the position is lost, multiply the number of lots in the next trading position.

3. If the amount of margin that is insufficient is required, use all remaining Margins.

Repeat steps 1 to 3 until the last position gets a profit, or until the account is unable to open a trading position again

You really don't need complicated calculations to imagine how high the risk of Martingale is. Only by highlighting Lot's multiplication mechanism, can you imagine that the risk of Martingale's strategy is indeed high. However, increasing the number of lots is tantamount to increasing risk.

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