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  1. R

    I would like to discuss averaging down

    Daring... seriously.....??? C'mon-- you should be able to see right through a post like this... "vehicles which don't require stop loss" LOL... just when you thought you've seen and heard everything.... Ammo knows what he is doing-- stick with him....
  2. R

    I would like to discuss averaging down

    This may be the most comprehensive post of bad advice I have ever seen... on soooooo many levels that my head is spinning on where to even begin... Is this meant to be some kind of sick joke trader?
  3. R

    I would like to discuss averaging down

    Aaaaaaaaahhhh.... this speaks volumes... and provides much more clarity for me now. And I am not being facetious/condescending/smart ass..etc.. I sincerely understand now the differences between our styles. For me- candlestick knowledge is everything-- nuances of candles that took me two...
  4. R

    I would like to discuss averaging down

    So if you are long-- are you saying you "subtract" on the way up.. on the way down... or both-- to book profit in chunks as well as to reduce risk if price goes against you? Regardless of either scenario... you are saying you still have some type of position no matter what... until such time...
  5. R

    I would like to discuss averaging down

    So I get the gist. I never have used MP... but I get the idea. The charts obviously look nothing like what Im used to... so I cant even speak intelligently to them LOL! My contention is if there are indeed ways (like you allude there is) to determine the highest probability areas of MP...
  6. R

    I would like to discuss averaging down

    Gotcha... makes sense.
  7. R

    I would like to discuss averaging down

    I will review your attachments after market. Example of tradable swing low in V this morning: Price gaps above prior high of day (swing high pivot)... runs up to 135.95 and drops like a rock. Looking to the left--on 9/13 one can see a sharp drop from the intermediate pivot swing 15 min...
  8. R

    I would like to discuss averaging down

    So ammo- do u religiously and accurately ensure that when u do average down and are deemed wrong on the trade - your loss is always apprx 1R? And when u avg down - would u say u do it similarly to example Dustin provided-- small 100 lot adds that build up to what is hoped to be a full...
  9. R

    I would like to discuss averaging down

    Yep. And rotary phones aren't in anymore. They got this thing called umm..a "me phone" I think it is.. that's gonna make them obsolete.
  10. R

    I would like to discuss averaging down

    Well here's what I know- of all the avg down apologetics here...not one yet has been able to make a case where the strategy maximizes profit and minimizes risk. Give me a concrete real world example... anyone...? Bueller...? Simply stating it works doesn't cut it. "Works" is relative...
  11. R

    I would like to discuss averaging down

    Well put posts sir!
  12. R

    I would like to discuss averaging down

    No no noooooo oldtime... In your case that happened whem Mr Rogers left the air...
  13. R

    I would like to discuss averaging down

    Lol your absurd hyperbole is the best part about your posts oldtime.
  14. R

    I would like to discuss averaging down

    No you didn't oldtime. When strong levels get breached... they typically gravitate to the next level.. far below or above your stop point. You should be on the other side of the trade-- not diddling in the middle as price continued to go to the next level. The first stop loss is always the...
  15. R

    I would like to discuss averaging down

    Lol!!! Oldtime-- will you be here all week? Lol
  16. R

    I would like to discuss averaging down

    Despite the repeated sarcasm that continues to flow from you like a raging niagra.. this time- I must admit -- this was good and made for a good laugh!
  17. R

    I would like to discuss averaging down

    Yep they are still "pivots"... or "swing highs" as in ZR's example... this is all just semantics really. Price may not revisit the area for 5 hours intraday/2 days/3months/4 years/etc.... however if/when it finally does-- it can be an actionable area to trade against. This pivot...
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