Is it ok to go martingale?

I read in Forum & Public chatting, some peoples like to go for martingale system. As we all know, every system is not perfect. Each of it has their own advantages and disadvantages.

Martingale mean you increase your trading lot every time your stop loss hit. e.g....you choose to use martingale system which add 2x of your initial lot of trading every time it hit Stop Loss to recover back what you had loss before.
i.e - 0.1, 0.2, 0.4, 0.8,1.6,3.2.....

You also can use martingale number like this : 0.1,0.2,0.3,0.6,1.2,2.4......the numbers goes up with TP bigger than SL

While the method sounds good (recover back what you'd lost before) it has it's own disadvantages:
1. You need enough capital, and start from small lot until you're comfortable with your account(become bigger)
2. You need a good system that you'd tried and cannot go more than 4x loss in a row.

I got this idea from night sleep! so i think i better write it here for sharing purposes. I think you can work it out even with account of USD100 and start grows it if you know how to play with. I want to give it a back test and try it.... every day trading maybe???

Allah (God Almighty), give us a brain to think and syukur on His gift.
Happy trading to all