What Pyramiding is NOT

[janitor@xxxxxxxxxxxx (Mark Johnson)]

Andy Dunn writes:
 >
 >if netprofit <= 12000 then value1=1;
 >if netprofit > 12000 then value1 = (netprofit/6000);
 >
 >If bla bla bla then buy value1 contracts tomorrow at open;
 >If bla bla bla then sell value1 contracts tomorrow at open;
 >

This is "fixed fractional trading".  It is NOT "pyramiding".

Pyramiding is when you have an existing trade and you
later put on additional contracts in the same direction:
add-on trades.

What is shown above is NOT add-on trades and thus it is
not "pyramiding".  It is merely a calculation that figures
out how many contracts to put on when an entry signal
is received.

Based on the TS report also included, the Largest Loss
was $1100 per contract, so the code above is fixed
fractional trading using an f=0.18333.
{Math: 6000 = 1100 / 0.18333 }

--
   Mark Johnson     Silicon Valley, California     mark@xxxxxxxxxxxx

   "... The world will little note, nor long remember, what is said
    here today..."   -Abraham Lincoln, "The Gettysburg Address"