Seems a bit extreme, but losses can come like there is no tommorow....
You Martingalers would be gone after the first 15 or so?
Not to divert this to a Martingale thread, but Martingale doesn't necessarily mean 1, 2, 4, 8, 16. Nor does it mean 1, 1, 2, 4 etc.
Somehow a variation of 1, 1.5. 2.25 etc will work, and to do this properly you'd need to do what?
hint) d'Alembert's theory (not the stupid binary equation) is powerful.
But not as powerful as these three things: "R:R" "Fixed R" "compounding" oh and of course, we are nothing without "win expectancy"
Yes, 40 losses in a row would have most of us coughing up blood. I am glad that risk management is my grail of trading, and that most of us will never know how to use market weakness to our advantage.
You Martingalers would be gone after the first 15 or so?
Not to divert this to a Martingale thread, but Martingale doesn't necessarily mean 1, 2, 4, 8, 16. Nor does it mean 1, 1, 2, 4 etc.
Somehow a variation of 1, 1.5. 2.25 etc will work, and to do this properly you'd need to do what?
hint) d'Alembert's theory (not the stupid binary equation) is powerful.
But not as powerful as these three things: "R:R" "Fixed R" "compounding" oh and of course, we are nothing without "win expectancy"
Yes, 40 losses in a row would have most of us coughing up blood. I am glad that risk management is my grail of trading, and that most of us will never know how to use market weakness to our advantage.