I agree with FF. If left to run unmanaged, then a dooms day scenario is inevitable. The only way i have found to minimise the risk is by having small lots sizes and a large equity. And yes, sometimes you have to accept a little drawdown.
My idea is only how to maximise the profit until then.
The main problem i see is when you have a sequence where both buy levels and sell levels have been taken. The sequence only goes into profit when you are a few pips from the takeprofit. So the idea is to increase the increment size of the last level only by 5 pips.
The other problem i have is that my broker recently switched to variable spreads during the day. This can knock out a few pips easily because positions are opened at different times of the day and reduces the net profit on sequence close. Also, it hasn't happend often, but i have been requoted on an order.
My idea is only how to maximise the profit until then.
The main problem i see is when you have a sequence where both buy levels and sell levels have been taken. The sequence only goes into profit when you are a few pips from the takeprofit. So the idea is to increase the increment size of the last level only by 5 pips.
The other problem i have is that my broker recently switched to variable spreads during the day. This can knock out a few pips easily because positions are opened at different times of the day and reduces the net profit on sequence close. Also, it hasn't happend often, but i have been requoted on an order.
bull in a china shop