I don’t believe in counting chickens before they hatch but you must have noticed me not closing profitable CADJPY trades for several days now. The risk is that they become losers again and if they do then the strategy is unchanged. We manage position size and total quantity of positions and hedge of course if that becomes necessary. It’s all well rehearsed. The risk is equally that CADJPY surge above 1.08 reverting back up towards the average price for this pair. IF they do this in August it will make August my most profitable month yet. I am basically not just averaging into a position but once it begins to win letting it run a bit longer now. A subtle change that two years out could change where we are totally. With the balances going up so do the position sizes. Compounding is fun.