Then you would also be surprised at the number of people who independently "discover" the system, and invariably lose their shirts when playing it. Such stories

Then you would also be surprised at the number of people who independently "discover" the system, and invariably lose their shirts when playing it. Such stories used to crop up in the old rec.gambling newsgroup many years ago. Any hackers also trade futures? The trading system known as "scaling" (buy dips, sell rallies based on N-point moves) behaves a lot like the Martingale system ... risk a lot to win a little. It's not as foolproof at its proponents would have you believe.