DislikedI read somewhere not sure if it was this thread someone was trading gold with a 150 or $1.50 stop. This is suicide or just a surefire way to lose money.Ignored
If you enter only one order, you either win or lose, there is nothing in between. But if you spread some smaller orders around the entry point, the average entry may be even more profitable. With some luck, you get only winning positions! Sure, sometimes the open position will be smaller than usual - you have to do the math. I do believe, though, that it's much better than risking "everything" on one single order.
"The reason I was born and came into the world is to testify to the truth."