Increasing Size During Drawdown

I guess we all have tested increasing during draw down. I don't think it's a good idea. A prolonged streak of losses might totally wipe the account out if we do. Proper risk and money management instead, increasing size should not be an option, why take the chance? Best practice, minimize the losses during draw downs and be patient for the turnaround in your favor.
 
Horrible idea.

Look up "gambler's fallacy".

It may clear up confusion about strategies that don't have an edge, but want to attempt this.
 
I started this thread a long time ago when I was going through just an uncanny long string of consistent losses. I stayed with it because I had made very good money using it in the past. Sure enough, things turned, my only regret is that I did not increase size at the bottom.
 
I knew I was at the bottom because if I wasn't I had somehow invented the worst system of all time. And I gurandamnteeya if I'd had that many winners in a row I would have reduced size or just quit for a while.
 
Quote from oldtime:

Anybody ever fool around with increasing size after a drawdown, or for that matter decreasing size after unusual profitability.

The reason I ask is because I go through periods where I get stopped out so often and consistently that I think nobody can be this wrong for so long.

And sometimes everything is profitable and I think, enjoy it now because this can't last.

Increasing size after bad luck sort of has that Martingale feel to it which ususally means it works until you under estimate just how bad your luck can actually be.
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Bad idea to decrease size after draw down. It will be harder to get it back.
 
Quote from pbylina:

Bad idea to decrease size after draw down. It will be harder to get it back.
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you got it backwards, not decrease, but increase. Anyway, to put an end to this, the correct answer is, it depends on the system.
 
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