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Winning Streaks

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This money management method is based on a system’s historical record of maximum consecutive winning and losing trades. Not only a high extended streak of winning trades is pleasing from the psychological standpoint, but also suggests a system has a good fit with some specific market conditions.

With this PosSizer, you're prepared to find the answer to whether a system’s pattern of consecutive winners can be used to help forecast the outcome of the next trade. Each consecutive winning trade increases the position size, determined by one of the three Wealth-Lab's standard choices, by a specified percentage (Increase %). To prevent from building too large a position, you can choose to stop increasing the size after a predefined streak. Finally, increasing will stop after the first losing trade.

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