[lavventura]

My reply will not meant to convince you because I agree with you :-)

> "The day comes where you continue doubling down and you lose a substantial amount of capital in the process."

- I believe that continue doubling is one of the most fatal stratetegy. Sadly, I made this mistake multiple times, which caused me a extensive loss. The only solution I come up is, while continuing doubling, cut loss if there is a certain amount loss reached (like 10$ or 1% of the capital). That was the actualy reason I implemented the bot where it automatically closes the position for me; since in a loss , "fear" does not let me realize what's happening and instead of a cut loss I adding more into a losing trade.