as i win fewer than 3 out of 10 trades,i need to have a bigger position when i win than when i lose or i am never going to make any money
the anti-martingale by Lauriston Livermore
Lets us suppose,for example,that i am buying some stock.
ill buy two thousand shares at 110.If the stock goes up to 111 after i buy it i am,at least temporaily,right in my operation,because it is a point higher
it showsme a profit. Well,because i am right i go in and buy another two thousand share.If the market is still rising i buy a third lot of two thousand share.
the anti-martingale by Lauriston Livermore
Lets us suppose,for example,that i am buying some stock.
ill buy two thousand shares at 110.If the stock goes up to 111 after i buy it i am,at least temporaily,right in my operation,because it is a point higher
it showsme a profit. Well,because i am right i go in and buy another two thousand share.If the market is still rising i buy a third lot of two thousand share.