Recently, Lao Huang and several fan buddies discussed the "Martingale strategy". One of them has made quite a bit of profit playing Martingale during this volatile market period, but I specifically reminded them that the Martingale strategy is doomed in a trending market, especially without a stop loss.
In fact, Lao Huang tried the Martingale trading method a long time ago, but suffered significant losses, so he really scoffs at this strategy. There are too many one-sided markets in the crypto world; Bitcoin can fluctuate by tens of thousands of dollars at any time, and altcoins can easily flu