Forex Trading 2018- TA/FA- Setups and discussion, page-2857

Hi sharks,

If you trade single entry / single exit then I agree. I love trading Trend continuation on H4 so at present it is too early.

But I trade forex with two hands and 4 accounts so I am agreeing with you half the time. Here's the other half.

If you also trade with multiple entry's / multiple exits, there are different rules in this crazy world.
You can program a EA to perform the task of averaging down with increased size to lower your average price which will increase your win rate but also increase your stress levels.
Provided you have a get out of the plan with your shirt still on your back, it's all good.

Often in this world, I risk 20 times my first entry reward. This is repeated multiple times in a move where eventually a lost has to be made or a clever exit earlier near the end for little lost. That is normally around 30 trades in a good 300 pip move.

Sounds like Madness, but really its just mathematics.

I am happily sitting on a -31 pip lost here and my only risk is not having enough margin.
I will happily also sit 3 thousand in the Red before I need to install plan B.
Plan B is trade the pair the other way on another account to recover my losses.
Plan C is to Cut my Losses.

My last big lost here was in November on USDJPY - around +3K.