### Comment:
My max loss is only the cost of my spread. There is a 1% chance it drops that far, losing me everything. And a 99% chance i make 17%.

### REPLY:
You're just making numbers up at this point. All you're doing is redistributing your risk, but over a long period, you WILL lose a big trade and it will eat up all your small gains. 
  
 You're falling for this gambling fallacy: 
  
 https://en.wikipedia.org/wiki/Martingale_(betting_system)

### END.