I size trades to reach targets within the daily range, but as I approach my 14th loss the target is moved outside of the
daily and into the weekly ranges.
Should I lose 14 times (or whatever the fraction is) the loss is considered "catastrophic" and I move backwards
a "waypoint" and target a lower number with a smaller initial size.
Should I reach my target, the new target is larger and so is the initial size.
I am always open to discussion.
The essence of scalping adding value to our longer term perspective.
This has now become one of my TOP posts/quotes by M.O.