An alternative approach to risk management

Before using the set files, make sure to read this post and understand that THIS IS NOT FINANCIAL ADVICE. 

We all know that preserving capital is the most important part of trading. But I have been experimenting with a different approach, where I use high risk/reward systems to double an account deposit in the shortest amount of time. I try to find systems where my expected win to loss ratio is above 3:1. In other words, where I am able to double my account, and withdraw profits 3 times for every time I blow an account. 

For this approach to work, I am making sure that I use very small account sizes, in comparison to the capital I have available, because sometimes I might blow three accounts in a row. Sometimes I also double my account 6 times in a row, before blowing one account. Once such a scenario has played out, I will increase my deposit size slightly.. In this way, I slowly grow the amount of money I have available for this particular risk strategy.. 

This kind of trading is not for everyone. It is hard to lose three or four accounts in a row, and find the courage to deposit once again.. Admittedly, this strategy is closer to gambling than traditional forms of long term trading, but as long as I have an edge, I will exploit it. 

So, if you want to try a similar approach, I want you to fully understand the risk and that trading is a probability game. Just because you have a system with a 50% win rate does not mean you will win 50 trades out of 100. You might lose the first 99 times you play your odds, even with a 50% win-rate system.

I do believe that using grid systems, with highly accurate entry signals, increases my chances of withdrawing more money than I deposit. At least this has been the case up until now.. 

I personally deposit at least 500$ on a 1:1000 leverage account to make sure I have enough margin. If I had less capital to trade with, I would use a cent account. A deposit of 50$ gives a margin of 5000, and is more than enough. 

 

Here you can see a small example of the two sets, starting with a deposit of 500$. With the first set we achieve to double it 4 times in about 4 months before we lose the account. Of course, I would withdraw every time I double the account. With the other set the account doubles almost 20 times, starting with 500$ andreaching 10.000 before the account is lost.. 

Remember, this is not financial advice! And I will not be answering individual questions on how you might use these sets, or what else you can tweak. This is only to explain what I am doing, if you choose to try a similar approach, good luck to you, but you take full responsibility.