i mean - 1-2-3-4....blah-blah-blah... where did he get that sequence from?statistics, voodoo, cosmos, etc..
Different sequences can be used and it is still dubbed a Martingale type strategy. e.g. http://www.roulette-strategy.eu/martingale-roulette-system/
Your win probability is exactly the same regardless how many times you’ve lost in a row (assuming the wheel is not rigged). You can flip a coin and have it come up heads 50 times in a row and the odds of it coming up heads on the 51st flip is still 50%. Also- why even bother playing the first few units (spins)? If this was such a cant lose system you would stalk the tables waiting for one that has already had like 7 spins without hitting your quadrant. Then you immediately start betting your 8x unit and you’re already way ahead because you didn’t “pay tuition” on the first 7 losers. So many holes in his “almost can’t lose” system.
I`m trying to apply it to trading.So, waiting for the price to chop and jerk a couple of time until it resumes in a trend maybe not a good idea.
Martingale works till it doesn't, and when it doesn't it will be painful. Now if you had deep enough pockets Martingale would eventually bring you a winner. Enter table limits to prevent that.