# Latest Martingale Systems (and other ways to go broke fast) **URL:** \ **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:** 42
**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:** [October 2, 2015, 7:32pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/42 "2015-10-02T19:32:06Z")
The drawdown is now at $57,674 from the peak and it appears every single person who ever subscribed is losing a massive amount of money at this point: My warning on Maximus Decimus on July 25 (Thanks to TSH who was the first to warn about it): > [@Another new martingale system](https://forums.collective2.com/t/another-new-martingale-system/8160/2): > > The new one you’re referring to will almost make Texas DD look like a wise sound investment because at least TDD was trading stocks so it was possible to scale it down to a small percentage to reduce overall impact on your account whereas this new one has already been artificially “resized” (take a look at the fractional futures contracts traded in the past) so that 37.5 % historical drawdown that looks like only $20k was actually much, much higher when traded in real life. There is no such thin… --- _[View the full topic](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199)._