Has anyone tried the martingale hedge strategy?

Questions
1

All you need is a decent strategy (1:3 win ratio), high leverage >1:500, and a maximum of three entries before accepting the loss.

Edit: only works with trends; whether I won or lost, the market was always trending.

2

Martingale Hedge Strategy? NEVER accept the loss! When in a losing position, KEEP ON PUMPING MONEY INTO THE ACCOUNT!!!

3

Why exactly is high leverage required?

4

Micah said:
Why exactly is high leverage required?

Margin for multiple entries.

5

One copy trading group uses that on gold but still burns accounts. Those accounts that still survive are at 80% drawdown and going for 3 weeks now.

6

Zion said:
One copy trading group uses that on gold but still burns accounts. Those accounts that still survive are at 80% drawdown and going for 3 weeks now.

Gold is more volatile than a girl on her wedding day.

7

@Shay
Try NASDAQ lol.