The logic: You bet more only after losses (to recover) but never double recklessly. And you bet less after a hot streak to protect winnings—an unusual but mathematically sound feature.
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A stop-loss is placed below the recent swing low or the low of the setup bar. Rules for a Sell Setup Conversely, for a short position: Price must be trading below the 50-period SMA. The logic: You bet more only after losses
To get started with Strategy 4, follow these steps: Known for his methodical, data-driven approach to wagering,