dojirock wrote:Thank you again for the reply.
As soon as I get all the matter picked up off the floor and put back I will give another shot....lol
Im really not as stupid as I feel right now. I gotta be making this way to difficult. I feel my scalp mentality
is the barrier.
I really want to get this, I have a beautiful 4hr setting up and want to utlilize this MM. (as you know, 4hr is big stretch for me )
If you would just accept the easy answer then you wouldn't have to go through this.
When scaling, simply enter 4 then 4 or 2 + 2 + 4 so that your average is always the midpoint between
your last two entries.
The difference between scaling and accumulating is that with scaling you are placing orders for fractions
of a unit where as with accumulation you are placing orders for whole units.
When scaling you enter 1 unit over 1 or 2 candles, you do not continue to place orders as price paints candles
against your position.
I know that doubling is a hyper-aggressive strategy, that is why I start with a small position size and space beyond