Past article about boosting balls [Profit increase with Mashi-dama]
How can you greatly extend profits?
Increase positions after you have become somewhat consistently winning.
You can’t do scaling in unless you can capture a decent price range, right?
If so, you need to understand where you can capture a certain range, and you’ll have to be able to take single profits as well, otherwise it becomes difficult.
When you’re riding the trend, maintain it and add on to your position to take all the profits, and it becomes a huge gain.
As I wrote before on my blog, this is the opposite of people who lose big.
People who lose big add to losing positions when there is unrealized loss, and in the end they get destroyed, right?
People who win big do the opposite.
When there is unrealized profit, they add to the position, and in the end they smash it big.
This time, adding to positions didn’t let me close it smoothly, but that’s the market.
There is always a possibility to go in either direction.
Doing the exact opposite of people who lose big leads to big wins
Lower the stop loss, so that even if the stop is hit, the total remains negative.
Even if you increase the position and size, there is no risk of a negative return, but the returns become larger and larger.
People who lose big are,
buying against the trend,holding with unrealized losses.
Increase positions when unrealized losses grow(averaging down).
If it falls all the way, you lose big.
That’s how I do it, you know.
Sell in line with the trend,hold with unrealized profits.
Increase positions when unrealized profits grow(add on)
If it falls all the way, you win big.
You’re doing the exact opposite.
