DislikedMagix, that is just scaling into a winner or at least in the direction of the intra day trend, I do exactly the same. We were discussing the doubling up of the next trade after you have closed one at a loss and keep doubling it until you make your loss back, and not actually adjusting your risk based on the reduction of capital, entirely different and I am sure that is not a strategy that you use nor would advocate.Ignored
Just saying that if there are folk that really want to have their ass handed to them, and add on the counters when the don't understand the actual...well...shit, some people gunna do what they wanna do no matter what we say...
I guess the point is, if your going to do things wrong, do them right...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!