Does Randomness eliminate Asymmetric Leveraging?
What factor should determine my X Variable (see below) and does it have to be random too?
I wondered if Asymmetric Leveraging could be somehow eliminated. The only logical way of "fighting" against it, is by having a fixed position size/percentage/whatever!
But say I use a perfect die so each time I roll a number, and THAT number IS the % of risk I will use for the trade I'm entering. After X (X = Variable such as time or profit) I use a higher numbered die (think D&D dice) starting with a 6 sided die.
Unquestionable FACTS for the sake of my questions:
1) Perfect die = pure randomness.
2) My trading gives me more then 55% expectancy.
What factor should determine my X Variable (see below) and does it have to be random too?
I wondered if Asymmetric Leveraging could be somehow eliminated. The only logical way of "fighting" against it, is by having a fixed position size/percentage/whatever!
But say I use a perfect die so each time I roll a number, and THAT number IS the % of risk I will use for the trade I'm entering. After X (X = Variable such as time or profit) I use a higher numbered die (think D&D dice) starting with a 6 sided die.
Unquestionable FACTS for the sake of my questions:
1) Perfect die = pure randomness.
2) My trading gives me more then 55% expectancy.