Quote Originally Posted by yakovcohen45 View Post
Dear Bily,

Thank you for the quick response.

Are you recommending to follow Robot initial entry only without sizing the position by secondry entries ?

Yakov.
Yakov,



Position sizing for secondary entries is very important for psychological reasons and I do it all the time.
If the first position is a losing position, then you would not stress as quickly as if you had a full losing position.
Taking a second position at a better entry price gives you a psychological flexibility... But also the satisfaction that you are on average winning compared to the Robot's position.

However, in terms of total return, it is better to be invested 100% at the first signal. This is what has been back-tested. But, please understand that the robot does not care about the traditional psychological issues that every trader faces at one point or another. It trades probabilities and there is a clear declining average position earnings from the initial triggering date.



Pascal