Fund manage strategy question

[mrkfdr]

Been building a trading bot for a while now and came up with a question of fund management,

Till now placing bids of round amount like 100$ , it was easy for me to calculate the profits. but i only use 10-20% of the funds to increase profits. and i can do better.

now thinking to change the model and make the first bid half the money i have in the fund ie 1100 / 2 = 550$ , second bid if first one is still in place to be half of the remaining free fund 550 /2 =225$
it is rare that the bot places more then 2 bids , even not after the current drop. and the third one will be 112$

what do you think it makes sense ? or are there any other good strategies you can come up with ?

[vk279]

Where would be your stop loss?

Adding to loosers is not a good idea.  You might win few trades but later you will have a big looser.

[mrkfdr]

Where would be your stop loss?

Adding to loosers is not a good idea.  You might win few trades but later you will have a big looser.

excellent question don't have an answer.

didn't find a good practice to  set the ratio of the stop loss
 
working with Limit orders only for the past six month and they work fine.