Forex loss recovery strategies

I've heard some mention of Forex 'loss recovery strategies'. I don't know much about them, but I gather we're talking something more radical than 'control your losses' but more conservative than the various 'double or quits' theories out there. Have you used any in practise, and did you find them worthwhile, or are they just another unneccesary and possibly dangerous complication that doesn't work?

Max

It's all voodoo junk science. Don't listen to them....

Thanks tdion - that was my initial impression. Many appear to involve some kind of averaging down of losses combined with 'if I keep trading I have to win', with account-busting increasing losses a distinct possibility.

Max

Either look to run very very tight stops (taking advantage of your small size) or set it wide enough so that it's bigger than the average dealers inventory, so you can stop and reverse on a retrace.
If not, you're looking at an FTI style strategy, but that has to be baked in from the start - you can't suddenly look to average down in increasingly large position size unless it was part of your original plan