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TradeMan · 29-12-2004, 05:47

All I see is averaging up and down so that if the posi goes against you when you sell then you sell more at a higher price. This will surely cause you to get burnt in a trading market as is the case from your 1.21 short in September. You are using a martingale type of money/trade management system and in my opinion this is very dangerous. If your pockets are VERY deep then you will probably survive this madness but if you are like the rest of us then you are in serious trouble, friend. Will your account survive if the eurusd reach 1.5 without any deep retracements? Will you have enough margin to carry your positions? The interest payment for the carry must surely be killing you as well?

29-12-2004, 05:47	#35
TradeMan level 1 Join Date: Aug 2004 Posts: 36 Downloads: 0 Uploads: 0 Rep Power: 0	Average All I see is averaging up and down so that if the posi goes against you when you sell then you sell more at a higher price. This will surely cause you to get burnt in a trading market as is the case from your 1.21 short in September. You are using a martingale type of money/trade management system and in my opinion this is very dangerous. If your pockets are VERY deep then you will probably survive this madness but if you are like the rest of us then you are in serious trouble, friend. Will your account survive if the eurusd reach 1.5 without any deep retracements? Will you have enough margin to carry your positions? The interest payment for the carry must surely be killing you as well?