What if a way is devised such that whenever I cash in on the positive side, I use half of it (or some percentage) to offset the already losing positions? ie, i spend my time clearing those initial losing positions .... ? hope you get what I mean.
Ok, maybe I put it in another way. Say for the short order, how do you know that 1.38633 is the level that you want to trade a short? I can't see very well the scale of your chart but is 1.38633 the level of the 6th candle (doji) from the last? So ...