Technology to maximize profits: “Pyramiding” [Currency Demon]

Table of Contents

1. Trading methods are the foundation for continuing to win
2. What is pyramiding
3. Basic pyramiding strategy
4. Where to add (increase) buys (sales)
5. Adding trailing stop to pyramiding
6. Find your own pyramiding method

● Word count: 2974 characters (including headings)
● Images: 3

※This article is a re-edited version of FX攻略.com January 2016 issue

Trading methods are the foundation for continuing to win

New traders who have just started FX tend to focus on where to enter and where to exit, that is, on trading methods.

Of course, a trading method with an edge (statistical advantage) is important, and this forms the entire foundation for ongoing investment success.

Because, with a method that has a negative expectancy, no matter how strong your psychology is or how skilled you are at money management, you will eventually go bankrupt.

However, as you trade in FX for a long time, the reality is that you often find that you cannot continue to win with just the method.

If you have been losing for a long period in FX, it is likely because your trading method has no edge.

If you usually win moderately but incur large losses when the forex market moves significantly, it is probably because money management is too lax and your psychology is an issue.

On the other hand, if you rarely lose large amounts in FX but are not achieving solid results, this column may provide a breakthrough hint.

In this article, I will discuss the “pyramiding” that I practice in my daily trading.