# Latest Martingale Systems (and other ways to go broke fast)

**URL:** <https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199>\
**Category:** Trading and Markets\
**Created:** [September 1, 2015, 3:54pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199 "2015-09-01T15:54:54Z")\
**Posts on this page:** 1\
**Showing post:** 10

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**Author:** ![AshM](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/ashm/32/238_2.png) [@AshM](https://forums.collective2.com/u/AshM)\
**Post date:** [September 15, 2015, 4:00am UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/10 "2015-09-15T04:00:52Z")

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If scaling is done within a well defined and reasonable risk level then there is no argument there. But the strategies that we are concerned with here are the ones that may have an edge but rely on continuous adding highly leveraged (or margined) instruments beyond any reasonable risk level and hoping for a rebound, which eventually does not come. This is exactly what a martingale gambler does before eventually going bankrupt.

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