When it comes to Forex trading, there are a lot of different strategies that can be used in order to make a profit. One of these strategies is the Martingale strategy, which is often used by Forex EA robots.
The Martingale strategy is based on the principle of doubling your bet after a loss in order to eventually make a profit. This means that if you lose your first trade, you will double your next trade in order to try and recoup your losses.
This strategy can be risky, however, as it relies on you eventually winning a trade in order to make a profit. If you continue to lose trades, then the amount you have to bet will quickly increase and you could end up losing a lot of money.
Despite the risks, the Martingale strategy can be profitable if used correctly. If you are thinking about using this strategy, then it is important to do some research and test it out on a demo account first before risking any real money.