Hello all forum friends,
I am trying to increase/decrease lot size depending on trade results. My goal is very simple:
Increment 0.01 lot on each wining trade. And Decrement by 0.01 on each losing trade. Maximum lot size is 1 unit.
First trade lot size is 0.01. Now if my trade is closed on Profit, then new trade should be 0.02lot,,, and so on. But if my current trade is on loss, then next trade should be decremented in same manner and so on.
Here is what I am doing in Money Management. Please guide me what I am doing wrong.
