{quote} I am irresistible to your compounding/pyramid method. Wish I can do the same.
This is what my thought process in GU last night on stacking orders.
When to hold'em and when to fold'em.
I can't put a second or third trade on with low risk to my precious trading capital, provided the first lot is in profit and add a new one on.
Then the risk of the trade is fully offset with the profits made.
So, first the oldest lot is protected by positive SL, and then the new one is placed on, and the stop is adjusted.
Now this trade is fully funded, equity curve is moving up nicely, and the trade contains no overall risk.
When spacing is available again, I can put the third/forth position on with no worries.
If there is a retracement and I'm awake, I'd probably exit this 2 lot set-up at a break even point and walk away with my profit ready to try again.
If I'm asleep a retracement might run it all the way to the stop and I only get 20 pips or so profit, but I have to sleep sometime.
Just the end note :.
In a sense, I feel like I've given you a stick of dynamite and told you to use it to build a campfire.
With a clear understanding of the risks involved, this method can be a good tool to make a good trade better.
It can't make a bad trade good and it can blow up an account if not used with great caution.
We can discuss this more going forward and drill deeper into the details.
PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
