There have been many discussions and even debates about whether scaling in is a more profitable method of entry over the long-term as opposed to entering full position in one shot. I can see how a trader may implement scaling in if his predetermined entry is more of a range than an exact price. In my opinion it's more of a preference and psychological thing that I'm neither for or against. Now I'm not creating this thread so much to discuss whether it's a helpful tactic or not. What I would like to discuss is whether it could be helpful to enter a trade on a demo account first. Then instead of scaling in on what would have been your initial entry, your basically scaling in on a ficticious position.
Or does anyone here use a system where they throw out random trades on a demo and then trade off of their drawdown/profit positions? Is there merit to using demo trades to help in live trading? Personally, I think these are just mental games played onto oneself, but wanting to see what others think...
Or does anyone here use a system where they throw out random trades on a demo and then trade off of their drawdown/profit positions? Is there merit to using demo trades to help in live trading? Personally, I think these are just mental games played onto oneself, but wanting to see what others think...