View Single Post
  #6  
Old 03-12-2007, 03:12 AM
calmB4storm calmB4storm is offline
Senior Member
 
Join Date: Jul 2006
Location: Fluffy White Clouds
Posts: 1,120
Default Re: Money management - when to move up

Gambler's Fallacy

Seriously though, if you're "expecting" a downswing in the near future, wouldn't it be better to just not bet at all? You've got to move past this line of reasoning.

Personally, I modify my unit size every single day, according to my bankroll. While it may not make a whole lot of difference, I like to think that every bit of precision helps. But this may seem unreasonable to some, so just do whatever works, whether it's a certain timeframe or a certain target bankroll.
Reply With Quote