KC,
My ideas about pyramiding are different than just adding contracts. Adding contracts at certain points are a normal part of trading. Pyramiding is multiplying the amount of contracts by doubling every time you feel the time to add a contract. If you have 3 contracts, and at a good moment to add, you add 3 more than, thats pyramiding. But what does that do to your RRR at that point? Always have your calculator ready at all times to figure your RR ratio. If you add 1 contact, what is that RR at that point? Adding 3, what is your RR at that point? If you add 3, what would be the loss if it moved against you. If you added 1, the loss against you, of course would be 1 contract. It seems really hard to explain this until you have done it. Just simply put, adding 1 contract to the amount you are already trading is a whole new deal. Treat it as such. It has nothing to do with what has already happened. Every new contract you trade is a whole new deal from where you are starting,from this point forward.The fact that you have already made money in the market, doesn't mean that it will continue with the trade you just added.
It just means that if you add not knowing what you are going to lose, multiplying that by whatever, you may lose that amount, multiplyed by whatever.

Anyway, this is my first attempt to explain this and its alot harder to explain than it is to experience. OK someone else jump in here. Adding is alot different than pyramiding. Am I right, or is this just my experience?
Happy trading
Andrea