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It's no How is adding to a position at cheaper prices a system? It's common sense lol Maybe I'm forgetting how bad most traders are at TA...it would make sense why you don't understand it if you don't use EW...you are pretty much throwing darts in the dark. This isn't just adding shares willy...

Have you guys never heard of averaging down lol? It's not the martingale system. There is no getting stopped out or taking losses...there is no doubling of position size... completely different. It's also nothing new...it's how you get a weighted average lol

Martingale has to do with doubling position size every time you get stopped out, whereas averaging down is just adding shares. Just because price drops doesn't mean it goes against you ..it goes for you because it allows you to increase your potential profits. I would not be thrilled if the...

In a martingale system you are realizing losses by getting stopped out closing the trade and then re-entering with a larger position to make up for the previous loss. Averaging down is just adding to a position.

Not dollar cost averaging...I'm talking about legging in a substantial amount at various points during a downturn. This is stocks but I would do the same with futures and forex but would depend on the carry over fees etc. I don't trade intraday unless 0 DTE where I use stops depending on...

Not dollar cost averaging...if you aren't down at some point then you are doing it wrong.

You would have do be in a democracy to know wouldn't you? ;)

Sometimes the best trader is just the biggest risk taker. I mean TA helps of course...but it mostly comes down to the process. Anyway, with an etf or index the potential of future losses is zero if you don't realize losses. If things go 2009 bad then its just another opportunity to load up.

I start legging in on the single correction and continue lagging in on the double correction (if it has a double correction) and at that point the bottom is essentially in. I prefer there is a double correction as I get to load up more shares of course. :)

I think of it more of increasing position size and reducing cost basis on future winners.

I read one too where they compared stop losses to buying puts to buying futures as a hedge and it turned out the futures was the best but I believe puts were second best and stops were the worst as a hedge

I know that's like my major point. Nobody seems to get they only work intraday. So if I was going to do zero DTE I might use one trigger sequence of stops and kind of just rapid fire till I get in the position.. and then set a trailing stop. So stops have their place but not in regular swing...

Well at the end of the year that trade could have made the difference between losing 10k or breaking even.

Yes but by missing the opportunity you lost money. Had you left the trade you might be up 10k...now you are down $200...so you are out $10200. :) What I'm trying to say is if you add up all the profits you missed minus the losses you prevented using stops it is probably a wash. Chalk it up to...

So you limit yourself to intraday trading only? Why not just do one big swing trade? Oh yes...you like to tell all your friends you're a day trader. :)

If you take an index or ETF then buying should be a process of averaging down, not a knee jerk trade to try to scalp some risk reward probability. This isn't a numbers game. It should culminate over weeks or months or longer sometimes. The point is you set yourself up for success by getting your...

Well you leg in...you don't go balls to the wall unless you are pretty sure the bottom is in.

Really you have no risk holding cash? What if the price resumes after stopping you out early and you leave a 10 bagger on the table? You have essentially realized a loss of 10x

Well first of all I'm not betting the farm on a single stock for all the reasons you mentioned...another problem is the reverse split taking away all the shares you accumulated at the bottom.

The only thing you control in the market is your risk exposure.