Edit: Just realised that this is the Martingale Strategy
Hello I am searching for any criticism, and also methods of execution.
Forex is 2 dimensional, price is just 1 dimensional. Price can just go up or down. Suppose that the market is arbitrary, suppose it's not. We can agree that price has a probability of going X pips either way.
So, the egy. Suppose you trade a egy where's price breaks a certain level upwards or downwards there's a 50% probability of succeeding. So if you win you win. You lose Should you lose. Now assume if you lose, you hedge that loss, and trade the day with double the leverage, and so forth and so forth before a victory is achieved. In the long run the yield is small compared to the leverage used but the declines are hedged. There's 0.0009765625% likelihood of failing 10 times in a row using a 50% winrate. So if you trade small enough to be able to manage 10 losses you will be able to always make money without risk of going bankrupt, provided that the percentage is close to 0.
What are your thoughts, I want to discuss theories about the best way best to implement this egy avoiding as much risk as you can.
Regards.