Money management14 May 2020 17:50
Ghia,
We have discussed the science but let's talk about the money management for one moment, to set a few people straight
My position is 59p. So I am showing a loss at this time but that's not the subject .
If we have a successful result and the sp goes to say £1.20 -1.50. Just for ex
My strategy is to double my investment so my average will go UP to 90p- £1.
If the trial does'nt go as we would like , well I will lose a few grand ( won't change my life) and you win some , you lose some
My strategy is basic and has worked well for me in the past but
Everyone to their own strategies ...
I sleep very well and don't need to ramp or deramp to keep my strategy :-)