judokamak wrote:News...can i ask...do you have fixed sl/tp setup? Do you use position+space and do you add positions to open trade?
How can one add to a position when it goes against exactly 1 pip from entry and never returns.
No I don't use space, I've just been playing with the concept and trying to work it out.
I usually use a stop.
When I've tried not using a stop and positioning further away and using LIS I've been caught out by huge bars closing beyond LIS. And if my entry is particularly awful it turns out even more nasty.
Don't like it. And the inverse R:R model does not work unless you have an extremely high win rate anyway...and I don't
Have you seen the charts I posted re space???
Have you done the maths. not just theoretical, by example - see those charts, space was worse every time ?
Your last addition when increasing will slaughter you when it goes against as it surely must. You do not know when it will go against.
Adding does not decrease risk, how can it?
I've said it dozens of times
You cannot fix having no edge and negative expectancy with money management.
Kreslik not allowing you to edit a post quickly is turning into a PITA - I know it's been done to prevent spam bots but ...grrrrr lol
I type very fast...think edit type, often read afterwards and then go 'hmmm edit as it still sounds like I'm being arsey' and the forum won't let me haha