By the way @Spudfan.
I’m sure you’re still away but maybe check in from time to time.
As I sit here patiently waiting (and waiting) (and waiting) for trades to present themselves I’ve been looking at how the last short trades could have been improved upon (no matter that those two were oversized it i.e. they closed at losses no matter what). And I’ve been thinking about this scaling in again. Here’s my thoughts.
The as advertised system would have you scale in 1 + 2 + 3 + 4 = 10.
The supercharged version proposed would have you scale in 1 + 2 + 4 + 8 = 15.
But here’s what I’m thinking:
It’s that last tier (tier 4) that you want to whack out of the ballpark because at that stage the trade has gone against you for at least four signals. So I was thinking that maybe it’s then prudent to stick to the as advertised version up until tier 3 and then pile on the difference at tier 4. So it would then go something like this:
1 + 2 + 3 + 9 = 15.
Essentially it affects nothing if the trades run their proper and usual course of about two or three days i.e. doesn’t change anything. But it’s that very last tier where things are supposedly seriously stretched in your favor.