Asymmetric or trade level compounding
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I’ve got an idea and I’m wondering if it’s feasible. I’ve got a strategy that has a different money management system. I’m trying to implement a system that has a 1-3 risk reward.
I want to do a percentage money management that takes the winnings of the previous trade. So the winnings from the first trade of 1% would become 4% for the next then 12% and so I will win 3 trades in a row or after a losing trade Then the count will go back to 1-3. Asymmetric compounding.
Thank you
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Yes, you can do it, but you will need variables to store the value of lot size for each trade. Are you familiar with variables?
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Thanks for replying. Yes, but not very well.
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Then I recommend you to study the documentation available here and then we can begin to work.
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I Will. Thank you