Increase position size
Posted: Sun Jan 16, 2022 8:04 am
Hi,
Is there a way in pyramiding to increase the position size when a trade goes against you? Let's say a strategy opens a long position with 1 contract. Then the price goes down. At certain point the condition for adding a position is met. Then this time I would like to buy 2 contracts. And then again 3 contracts if this happens again.
Any idea?
Many thanks.
Is there a way in pyramiding to increase the position size when a trade goes against you? Let's say a strategy opens a long position with 1 contract. Then the price goes down. At certain point the condition for adding a position is met. Then this time I would like to buy 2 contracts. And then again 3 contracts if this happens again.
Any idea?
Many thanks.