??? I am certainly not working outside of it to justify myself. The premise is exactly the same. It's simple math. What I am passing on is the result of years of experience, not just theory. Thanks.
B1S2 and I disagree on many topics, including drawdown, and some of his positions I would describe as a bit dogmatic, but he is a nice enough guy. According to him, his return last year was north of 80% (90 something, I think). Not that it is my business, nor anyone else's.
I actually don't see where my returns are germane to the discussion here. They would have to be compared to someone taking the exact same signals/trades and scaling out as opposed to my not scaling out. This is where the discussion is aimed at. Not a one upmanship contest between myself and someone daytrading all day every day etc etc. My yearly return is irrelevant here as we are discussing a very simple math equation--. Thanks though SS!
At this point I would settle for one simulation clearly demonstrating that full liquidation is superior to scaling.. With that said,I ask the OP if he places any value on risk adjusted returns(volatility adjusted),and has indeed looked at them vs absolute return. I think NOT
Volatility adds to the calculation of how large your position should be ie how large your stop is determines position size so as to not exceed the 2 percent of TLNW. Once position size is determined, then the full position for your stop can be initiated. Very simple, but accurate and effective.