New risk management technique

No, this is martingale.

This particular type of trading is frowned upon for good reason. The probabilities of each R:R vary greatly. This is betting more than anything, I wouldn’t even call this trading. Especially if you are watching the same time frames throughout.

You’d end up having three different strategies.

Example:
Strategy 1 fails
Strategy 2 fails
Strategy 3 passes

It’s redundant. If you can’t trade your first strategy profitably why attempt your second strategy to recoup your losses. When you could easily just avoid your first losing strategy.

Test your three strategies, provided you actually have three. And if they are profitable on paper. Then trade each of them in your market independently. But don’t use one good strategy to make up for a bad strategy and vise versa. It’s redundant and a fallacy.

Trading is about statistics, charting, psychology, and demand.

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Your idea of increasing the risk-to-reward ratio after each loss is intriguing and could help recoup losses, but it’s important to be cautious of potential continuous losing streaks that may lead to significant risk exposure and added pressure on your trades.