Forex "Martingale" Under Control
Original English Edition Available on Amazon
INCLUDES THE MARTINGALE RISK BOUNDARY DASHBOARD
Model your parameters and calculate your own risk limits
PRACTICAL STEP-BY-STEP GUIDE
Everything we can measure, we can control and manage. This approach enables us to accurately assess risks and reduce uncertainty.
★★★★★
Most strategies deliver an explosive start - and then blow up your account. This system grows slowly, steadily….. and yes, even a little boring - much like the chart you see here.
If you want to stay in the market for three years, not just three days, then this book is for you. The ultimate goal of this book is to help traders preserve capital and reduce risk, while building a resilient strategy for long-term success.
Wishing you an insightful and rewarding read!
Due to the large number of tables and charts, the content may feel a bit “dry” at times - but this is intentional, to ensure clarity and structured presentation of the material.
· Calculate your risk
· Configure your grid
· Know your limits
A Risk-Engineered System for Sustainable Forex Grid Trading
Official Author Page.
All materials, descriptions, and prices are provided directly by the author and do not represent resale or third-party listings.
Ihar Lahotski
|Author & Business Strategist | Business Planning |Systems Design |
Official Author Page.
All materials, descriptions, and prices are provided directly by the author and do not represent resale or third-party listings.
About the Book
Chaos doesn’t generate profit. A system does.
This book is about how to calculate and build such a system.
If a trading system is based on transparent mathematics, it doesn’t collapse from a single wrong move. This book explores how to construct exactly that kind of system - built on Grid Trading using Martingale, one of the most popular and, at the same time, controversial trading strategies.
The book presents a straightforward (though not always easy), yet effective form of “market mathematics” behind the Martingale approach. This mathematical foundation is often underestimated or ignored by many beginner traders.
It outlines methods for setting up and configuring a trading environment for an abstract Martingale-based robot, designed to illustrate the core principles of this trading logic. I deliberately avoid tying the content to any specific advisor or commercial product, in order to remain objective and to avoid engaging the reader in debates about the effectiveness of specific developer features.
In this revised edition, I want to go one step further and give readers the opportunity not only to understand the mathematics behind Martingale, but also to apply it to their own trading system. As you progress through the book, you will be able to model the parameters of your own robot based on the selected trading instrument, the amount of capital allocated, and the structure of the trading grid.
The accompanying calculation model allows you to see how changes in individual settings affect risk, identify the limits of a chosen configuration, and estimate how far the market can move against the system before the allocated capital reaches its modeled boundaries.
The purpose of this tool is not to provide you with a set of supposedly “correct settings,” but to give you the ability to identify your own risk limits before the market reveals them for you.
A fragment of the Martingale Risk Boundary Dashboard is shown below. Every reader who purchases this edition of the book will receive access to the accompanying calculation model.
The dashboard below illustrates how the model translates trading parameters into visible risk boundaries.
When applied alongside other proven strategies, the insights from this book significantly enhance trading stability and efficiency, enabling traders to stay longer in the market and make better use of favorable market conditions.
The methodology described is primarily intended for automated trading, but can also be adapted for manual trade execution
1. Introduction.
If you are reading this book, you have probably already realized that trading results depend on much more than finding the right entry point. The real challenge is understanding how much risk is already built into the system you are using.
My strategy focuses on minimizing risks and maximizing capital preservation - key principles that differentiate successful trading from the common mistakes leading to losses for most traders. The main rule is very simple: the longer you preserve your capital and stay in the market, the more opportunities the market will offer to grow it. Automated trading will always be ready to help you seize these opportunities. It's straightforward and logical.
By the end of this book, you should understand how to model the key parameters of a Martingale-based Forex robot, evaluate their impact on capital exposure, and identify the risk boundaries of a chosen configuration before committing real money to it. When combined with a solid understanding of financial markets and a thoughtful approach to manual trading, these insights can significantly improve your trading performance.
By opening this book, you have already invested something valuable: your time and attention. My responsibility is to make that investment worthwhile by explaining the logic of my approach as clearly and objectively as possible.
This approach is mathematically structured and primarily designed for automated trading, while many of its principles can also support more informed manual trading decisions.
You do not need to agree with every conclusion in this book. In fact, I would encourage you to question the assumptions, reproduce the calculations, and compare them with your own market observations.
I will assume only that you have a basic understanding of financial markets and are prepared to work with the terminology and calculations that follow. You do not need to share my conclusions — the calculations are there precisely so that you can examine them for yourself.
I will use only the theoretical information necessary to understand my trading approach and calculations. If much of the material is already familiar to you, I ask for your patience. Where a concept requires deeper background knowledge, I encourage you to verify it independently.
Everything we achieve is shaped by three things: experience, knowledge, and the ability to distinguish what matters from what does not and then apply that understanding in practice.
The purpose of this book is not to replace the broader theory of financial markets, but to show how selected concepts become practical components of a risk model.
Experience alone is not enough. Knowledge alone is not enough either. What matters is the ability to turn both into better decisions.
Once you understand something that was previously hidden from you, your decisions begin to change. And when the quality of your decisions changes, the results eventually change as well.
This is especially true in trading, where the cost of misunderstanding is measured not only in time and effort, but in capital.
Throughout the book, you will periodically return to the accompanying Martingale Risk Boundary Dashboard. As each new parameter is introduced, you will be able to enter it into the model and immediately see how it affects the structure of the grid, capital exposure, and the distance to your calculated risk boundaries.
In other words, you do not need to wait until the final chapter to apply what you learn. The model is designed to develop together with your understanding of the system.
What Our Readers Say
Reviews, impressions, and personal experiences after reading the book
I currently trade using martingale algo’s and always the issue with this kind of strategy is having good risk management in place. I have zero programming skills so I have to buy my ea’s so this book is what I was looking for to give an insight of what goes into creating these ea’s and managing risk a very informative read.