Increasing Size During Drawdown

Agree completely. Never seems to end well.

 

Oldtime, do you realize how funny it is to see you called a gambler by others when only days ago you were accusing me of being a gambler?

 

By the way I recently doubled up on my EURUSD long despite the fact it was against me over 280 pips.

 

I really don't care what they call me, as long as you know what you are

 

And I answered the damn question at the time:

Swan Noir
Registered: Jun 2009
Posts: 1697

05-14-13 05:12 PM
We all ran the numbers. The vast majority of traders we know that do it blow up.

 

far be it from me to compare myself to Warren Buffet

but he will buy a company

and if the price goes lower

he will buy more

 

And I also suggested to you in a previous post that you do the exercise yourself, using your own trading statements. Your drawdown characteristics and your trading system is unique to you. As I posted before, it is easy enough for you to run the numbers for yourself on your own trading results. And much more relevant to your situation. Getting lazy in your old age ?

 

Have you run the numbers on a system that adds through a gradually decreasing size (S)?

For example: S + S/2 + S/4 + S/8 + ..... = 2S.