a staking plan

I recommend this book on the topic.

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if trade goes against you double up and trade the other way

my thought is you trade on something.....and you either stand to win or lose ....lets suppose you lose (ignore the times you neither win nor lose) then you increase stakes on next trade and so on....the fact that youre trading would surely not end up trading the wrong way and losing say 5-20 times in a row......and its just a thought ...wondeing if anyone had tried it

you increase stakes on next trade and so on....the fact that youre trading would surely not end up trading the wrong way and losing say 5-20 times in a row

Yes it would [:o] eventually

and inevitably

i meant to put 15 not 5....so what about a increase every five losers

you will just end up but alot of money on some random trade for no reason, overstaking and blowing the lot.

http://green-all-over.blogspot.com/2011/04/variable-staking.html

I have successfully deployed the martingale system for my trading. My results are chronicled here.
http://www.youtube.com/watch?v=I9YTwasFFZs