Yes I see you confused. I didn’t mean to give a system of any sort just an hint of another way to manage a losing trade using the fact that the market is fractal-like. Let me try with a (admittedly cherry picked) example.

I do it as well. The problem is that the SL becomes too small for the higher TF volatility. You have to bank some pips before shifting. My way is to add to the winner (perhaps too aggresively…). When it is time to take profits I close all the pyramid but the best one. The high TF may adopt it or not.

I’m against this kind of “strategy”
It is not strategy it is tactic.

1- It is against your initial Entry logic
Per definition, of course, as it is a recovery trade!

1- It is against your… MM
It has to be included into. But the losses are linear in the number of pips. An average down is quadratic and a marty is exponential.

1- It is again…[Read more]

I read this thread with great interest as I’m searching for something along these lines too. About the management of the losing trades it was suggested 3 solutions: 1/ take the loss 2/ average down 3/ hedge. I found another approach: using the fractal dimension of the market. If you dislike your trade on the TF you opened it, perhaps you would…[Read more]