Re: counterargument to c.lebeau's constant bet size under drawdown--true mark...

["Gary Fritz" <fritz@xxxxxxxx>]

Here's a sample chart for the pyramiding experiment.  In this case 
the drawdown was just enough to bring the pyramided account down to 
the level of the non-pyramided account.  I'd say that in about 2/3 of 
the cases the pyramided account never went as low as the non-
pyramided one.  In ALL cases the pyramided account was ahead within a 
few trades after the end of the "meltdown" period.

Gary


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