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Well 7 cuts is quite a bit of bad calls and that pretty much is equivalent to the size of my stop, around 20. The key here are the winners, if you can hold them. FoN

What I never been able to understand about averaging down is that why do it instead of re entering at a better price and saving some losses in the process. FoN

My average scalping return is negative. My average swing trading returns are 6 net per month. I know it's nothing to celebrate but it is what it is. FoN

Great point. FoN

Considering the great teachings of the wealthy, should not we invest when times are rough to obtain cheaper pricing? FoN

Yes, I see the potential long but they are seriously pushing. The rewards from these levels are ridiculously tasty, just got to find that bottom. FoN

Last long attempt wanting to buy below 80 with a 20 point stop. Target at least 3x. FoN

Stopped in afterhours and took 4 points slippage so instead of -20 took a -24. This one gonna take a bit to recover from. Read it all wrong. FoN

Joe, Would like to ask you a few questions about your technical analysis tools. What kind of charts do you use ? Do you use indicators or lines ? Which instruments do you prefer? Good spirit you are displaying, I like what ive been reading. FoN

Hearfelt story there my friend. I wish I could give you long term investment guidance but I'm afraid my expertise there is very low. Let's hope others can say otherwise and give you a hand. As far as trading, looking forward to seeing your charts, see what methods you are using and...

I'm in your camp, I don't like to average down but I also understand there are many ways to skin this cat so different methodologies must be respected for the benefit of an open mind. FoN

Trading is one thing, averaging is position management. Two completely different things. Trade and let trade. FoN

I monitor the amount of times the targets do get hit and if they got out close to it the vast majority of the times the targets do get hit. Little ES Journal backtesting I did :D FoN

Not pointing fingers just using you as an example because you are the most recent case. Makes me wonder why so many traders here rarely hold until their original targets. It's quite the phenomenon. FoN

Got stopped -9 and reloaded 1309 stop 1289 target 1350 FoN

To trade, you need to learn/study how to enter. Using the same principle you can learn how to exit, although the latter is infinitely harder due to momentum and trends. FoN

Make love not war, energy best used for other things :p FoN

We made a higher low in comparison to previous session and rallied ten points. Hoping we get to the mid 40s tomorrow and if lucky on a quick stop run and/or rally, does not really matter, get 50. FoN

Got it, thanks for taking the time. FoN

Ok, sorry if the question was dull, I'm a terrible scalper so I assume nothing when it comes to profitable ones. When you say pivots you mean hand picked pivots or formulas like Daily Pivot, S1, R1 ? FoN