Captain Charger, somewhere amongst my many posts you will find me knocking the idea of 1x4 (or 1x anything) my thinking at the time was that you would still have to show a profit at levels AND a profit at levels for the place.
However since then I've looked at it closer and can see a real advantage when encountering losing runs, i.e. say your using a % of the bank, just for arguments sake 2%, so you would divide that $figure by 5 and place 1x4, never decreasing, the advantage comes in because although you may have long losining runs for the win, the place component can carry you through to the next run of successes (wins)
so I think I am converted! though I'm doing more research to see the optium mix, i.e. 1x1, 1x2, 1x3, etc etc

Anyone else with thoughts on this one?