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Summary: The Martingale Strategy states that when a trader experiences a loss, they should immediately double the size of the next bet. By repeatedly doubling the bet when they lose, the trader will theoretically even out with a winning trade at some point.
What is Martingale Strategy: 100% Profitable Trading - Phemex Academy
phemex : academy : what-is-the-martingale-strategy
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In probability theory, a martingale is a sequence of random variables (i.e., a stochastic process) for which, at a particular time, the conditional expectation of the next value in the sequence is equal to the present value, regardless of all prior values.
Martingale (probability theory) - Wikipedia
en.wikipedia : wiki : Martingale_(probability_theory)
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