A question from one of the customers I talked with previous. In this question, her intention was to ask a strategy that will help her to cover previous losses by making multiple trades, which is going to be the Martingale Strategy.
The answer is – You can try 3 times on top to try to cover the loss when using Martingale strategy.
Reason we set it to 3 times is because we want a better risk and money management as without a limit, you might keep making new trades without a proper logical thinking and which might lead to losing in significant amount.
Take a look at this video and find out more about what you need to keep in mind when using the Martingale strategy and other rules that you need to remember!