!!! Be careful!!! !!!

Chaos in the currency circle: Ignorance and risks behind the Martin strategy

Today, I saw a mentor bragging about how good he is at leading orders, and he also showed off that he used the Martin strategy.

It is amazing that, as expected, the cultural level of some traders in the currency circle is really worrying, and many of them only have elementary and junior high school education.

The Martin strategy was proposed as early as the 18th century.

At that time, probability theory was not yet popular. There was a group of gamblers who called themselves Martinists. They were daydreaming and self-righteous all day long, trying to study a sure-win gambling method.

The core theme is to keep doubling the bet after failure.

In the field of gambling, this strategy is adopted by many people with low cultural level, just because of their limited cultural level, they fall into the gambler's fallacy.

It's like playing dice to compare the size. They stubbornly believe that after 10 consecutive big numbers, the probability of the 11th small number will increase.

In fact, it is because they have not learned probability well, and do not understand that each event is independent of each other, and the probability of a big or small is always 1/2.

In China, there is also such a group of gamblers who take it for granted. Have you heard of the story of the Fujian Dragon Slayer Group?

They suffered losses because of their lack of education.

Martin strategy has great risks, after all, your funds are not unlimited.

Once you encounter a one-sided market, you will lose all your money, even if you have a brilliant record.

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