This was a counter trend trade so I reduced the size as an half of the usual size. The net result is smaller than usual but the profit factor is still very high:
profit factor = π / σ = (3,5 * R) / (R / 2) = 7
“There were times when my plans went wrong and my stocks did not run true to form, but did the opposite of what they should have done if they had kept regard for precedent.” Jesse Livermore - Reminiscence of a Stock Operator by Edwin Lefever
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