Dislikedscout is used for testing waters. then why chief is sending a checker after that. what is the purpose. wont the scout be sufficient. generals please enlighten.Ignored
However it has a secondary use of allowing for skewing of net average position price if you use 1 1 2. E.g. if you bought at 1x 1.0050 price went to 1.0075 and may impulse to 1.0100, so you want to attempt 1x at 1.0075 with average px at 1.00625, hence foreign cap helping absorb some shock should market suddenly reverse and also buying time for you to wait as you are holding to advantage position.
Alternative mindset which I use is directly using fibo skew starting from 5, and using 3 as attack and 8 as rescue so frame of mind is position is always in rescue and attack mo, there is no scouting. Down side is you have to pulse better and be more nimble. And you have to use the hip lops for timing as larger position is in play per level.
Where as for 1 1 2 3 5, has more levels but allow for smaller units.
In actual trading scenario, both are acceptable as the mm usage depends on terrain, for slower terrain using 1 1 2 3 5 is easier to fine tune, but for swift moving terrain, opportunities to deploy each level is lesser so different skews are used for different sequence and terrains for the price action.
Or you can just mix and match however you like switching from 1 1 3 then skew to attack with 3 then fibo rescue with 8/13 again.
The key take away is how your average px and size is affected as each level is deployed with respect to the current price, as well as book sigma, then comes terrain.
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