Stop sizing for 5 consecutive losses...


Then tilting after 2 and blowing your account.
If you're going to do that...
just size for fucking 2 losses.
Risk management only works if you follow the prescribed risk tolerance plan.
If not, you'd be much better off sizing more and allowing the variance of your winning streaks eventually luck your way to a large buffer.
Of course, the latter is gambling, but so is the former and that's the majority of people "sizing for 5 losses in a row".
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