Like your views PeterLe, very interesting.PeterLe wrote: ↑Sun Sep 23, 2018 4:16 pm
Initially I came up with a plan to increase my stakes based on my bank. As the daily returns could be hundreds of times my stake money, I factored in a tiny increase of stake based on my bank. Ie initial stake plus say 0.05% of the bank. The first thing I noticed was that the stake still grew too quickly, with compounding, even though the bank was still growing, it just seemed too big too soon for my brain to take it in!
I subsequently reduced the percentage down real low, but then left it running.
This brought new challenges, because the market is only so big. The more you increase your stakes, the harder it is to get matched.
What I mean by this is that, when bet is a bad one, (ie it goes against you) you will always lose (100%), but in those instances, you are right, you may not get matched fully (remember this was in play). You may have a stake of £50 in play, but you only get matched £3. When you plot your figures, the larger the stake, diminishing returns kicks in because of the above.
In your first point, it seems slightly surprising that adding only say 0.05% from the bank caused that much difficulty, though you mention it definitely did for you. I wouldn't have thought it was that big a difference mentally speaking?
Your second point there is certainly the issue from the mechanics side, though that also affects confidence IMO - if you aren't sure you will get filled, that's a confidence issue when making entry points.