Dalio is on the war path! The EURCHF pair was tormented others within the community as well. Many of them got out yesterday. My sin of “over lot sizing” early haunted me. Would I be greeted by a huge loss during my vacation or could this disastrous series of trades be cleared off the plate before I leave?

Dalio wants to clear out these trades! Dalio is “martingaling” in a big way. If its efforts don’t clean up the “problem” soon, I could hit my drawdown limit of 50%. So, in my opinion, a resolution to this problem is unavoidable.

Is “Dollar-cost averaging out” a phrase used in Forex? It seems to fit in this case. I got in with an initial trade that was too high. This threw off the martingale-ing sequence. Because of this, Dalio has been fighting current events and my stupidity. As the graphic above shows, the most recent trade it took was for 35.21 lots of EURCHF. Yesterday, prior to the 4 most recent trades Dalio took, the “Take Profit” price was 0.96271. Now, with these 4 additional trades, the “Take Profit” is 0.95201. It certainly seems attainable, right? How did it lower the “Take Profit”? Dollar-cost averaging out, of course.

Whatever happens, I will have a good vacation. While I have the computer in front of me, I am rooting for it to end in my favor. I may be lucky to come out even with swap fees and sales commissions. And, I will be happy with that!