Accumulation...do you remember what button you pushed to enter your first order? well push that button again
If I have 2 units and I add 1 unit then my space is reduced by 1/3 as (2/3) * x will be my remaining space; because I had 2 lots and I increased my total size to 3.
If I have 6 units and I add 2 lots then what is the size of my space? (6/8) * currentSpace, my stop falls to the 75% retracement of my stop loss and current market price.
If I gain 40 pips at $1.20 and move to a chart where each pip is $0.80 then my space is (1.2 / .8 ) * 40 = 60 pips.
Space can also work in reverse:
If you have 6 units and 25 pips and you reduce your size to 5 units then you gain 5 pips of space.
It might not make sense to you at the moment, but the more lots you add the greater your odds of succeeding; not just in reaching a %goal, but in overall safety as now you can reduce your size and multiply (inflate) your remaining space such that it never runs out.
Example: you start with 2 units and have increased your size to 18 units when something terrible happens and you lose all but 5 pips!
You can't do anything with 5 pips so you decide to revert back to 2 units. (18 / 2) * 5 = 45 pips @ 2 units. You draw your space from the
extreme but you end up entering at 30 pips from the extreme so you bank 15 pips (if this trade blows up you'll use those 15 pips!).
Now you look for a lower stop level and add enough size such that you will normalize your risk at a pointy place...2/3, +1 unit, moves your stop down to the 66% ret <--- where your risk is 'normalized'.
One of two things will happen:
1) you blow up your space and lose <1%
2) you increase your size and manufacture endless amounts of space, by reverting to smaller sizes, if things don't go as planned.
Once you understand the power of 'Space' fear goes right out the window; if you don't lose your space right away then it is likely
not going to be lost, you'll keep pounding away until the chart gives you the money.