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Hello,
The most common question is why the maximum open size is 5 lots, while in statistics there are 31 lots. 31 lot is the total traded volume in the trading idea. The maximum was no more than 5 lots.
Attention! I recommend that subscribers in the settings set the parameters of the maximum entry no more than 5 lots (50,000 USD at 100% scaling) and the risk per month no more than 10%. Be sure to do this.
Michael
Traders are not stupid, if they see a martingale in action (during the free trial for instance) they can always unsubscribe at any time, if they donât like (or believe in) that trading style.
However, if they decide to stick with the system, that only proves that they are fully aware of the risks and accept them.
So this idea that Trade Leaders can somehow âlure unsuspecting subscribersâ does not make sense at all.
We must also remember that traders in general love to average down (add to a losing position), so most of them are perfectly comfortable with a martingale, even though they donât perceive it as such.
Hello,
There are a lot of messages in the newsletter âŚ
Why who criticizes is never subscribed to my system?
They know how to do and how to trade, but there is no public system.
I think there is no need to argue further ⌠Be kinder to your contours âŚ
Michael
The greatest part of all this is how all his alias accounts heart all of his own postsâŚHoping unsuspecting members see this and think heâs successful and well loved.
These cheap tricks say a lot about him.
I am not defending anyone, all I am saying is that we should all observe a minimum of courtesy towards each other.
And again. just to be perfectly clear, and I am talking in general here, it is IMPOSSIBLE to get any trading edge with the sole use of a martingale.
Sooner or later, a martingale will not only take all the profits that the trader managed to accumulate so far, but also his initial trading capital.
Traders who constantly fight the trend will end up broke 100% of the time, no matter how wealthy they are.
Traders may not be. But weâre talking about subscribers. Subscribers, especially new ones, may not do the proper due diligence on funds like this, or more importantly the history of the trade leader.
And even if those subscribers did just look at past trades in this system, they would have seen the trade leader taking losses and dealing with risk somewhat appropriately, even if he was legging into trades that worked against himâŚ
until BOOM, he canât maintain his equity curve, like always, and blows it, just like every system he runs.
The most common question is why do you keep making new profiles.
But we already know the answer to that donât we. 
Well, so far he is still in the green, so letâs wait and see.
While martingale are bad we mustnât forget that adding to a winning position can also generate heavy losses.
Here is a simple example : We buy 1,000 shares of stock XYZ at $10. The next day the price is $11 so we buy another 1,000 shares. The next day the price is $12 so we buy 1,000 shares again. The fourth day XYZ is now valued at $13 so we buy 1,000 shares for the last time.
Two trading days later the stock sinks to $10 after a bad earning report (or some other equally negative news).
So we just lost $6,000 in one week even though the stock did not move below $10 (our original entry point) and no martingale was ever used!
Oddly enough, traders who use reverse martingales (such as this one) but still manage to lose a big chunk of their capital are never considered âbadâ traders. Also note that these traders are hard to detect.
Yes, but if you had a >50% drawdown in only 9 months of running a strategy, a much greater drawdown/margin call is certainly headed your way in the future. Anyone can see that.
Plus itâs clear all his talk about ârisk managementâ is complete garbage. Red flag of all red flags there.
This is true for ANY system: The worst drawdown is yet to come (old Wall Street saying).
Then there is thisâŚ
â(maximum drawdown is not more than 10%)â
I mean. Come on.
Definitely there are a lot of Michaelâs shadow ID in this forum.
He is not only a professional Martingale EA trader, but also a professional social media promotor. 
Hi,
What is your opinion?
Thanks,
Best Regards,
Hello,
Thank you for your interest and subscription to my system.
Delta FX (Forex) | + 9.2%, max dd - 2.2%
Attention! I recommend that subscribers in the settings set the parameters of the maximum entry no more than 5 lots (50,000 USD at 100% scaling) and the risk per month no more than 10%. Be sure to do this.
Michael
Hi,
What is your opinion?
Thanks,
Best Regards,
Hello,
Delta FX (Forex) | + 8.7%, max dd - 3.7%
It is my gross mistake to take such leverage even in the correct trading idea. There is no excuse for this. Itâs a shame. Excuse me if you can for such a disgusting result. After working out a trading idea for the British pound, I completely transfer my trading systems to a new profile, because I see no reason to develop this profile with such a curve and such a terrible drawdown at the moment.
Medallion X (Forex) | + 51.7%, max dd - 52.4%
Medallion CME (Futures) | + 13.7%, max dd - 29.6%
Medallion xPRO (Forex) | + 23.8%, max dd - 50.1%
Thanks!
Have a nice day!
Michael
Donât think it matters. Michael pays fees which keeps C2 alive. Subscribers pay C2 fees to follow his systems with their great ârisk managementâ 
.
C2 makes money off all of it, and so âthe show goes onâ until he crashes again. Rinse, repeat.
This is just comedy now.
Personally I put no blame on C2 as they are just the platform, I just find this guy amusing and wasnât sure how he was able to start a new account that easily. He actually expands the parameters for leaders which could be viewed as a good or bad thing depending on what side of the fence youâre on.
