I have already described a system of double limits on the day, it’s very hard not to go into teaching for the second time limit and stop. At first, this is a very good technique, but when you’re trading for a long time and follow all the rules pass a day reporting season is not very good for your wallet. That’s why I came up with an alternative:
- You have the same limit on day 2
- First conditional, if you go for it then do not trade today
- If you go for a second, then the next day, you reduce your average position and limit the daily double and so every day if you went for it.
- If the day closes with a reduced limit of normal plus you return it back to the original
It seems simple, can you have any additions you??