Averaging down is addictive

[Rod Shaft]

I'll do it once and once only. That's my rule.

 

[minmike]

Stratagy is the most important part of averaging down. While It might not be good for trend followers, for reversion to the mean trades it is almostr a neccesity. I couldn't make a penny without averaging down.

 

[Thunderdog]

Quote from minmike:

...I couldn't make a penny without averaging down.

Sounds like you might want to revisit your entry timing.

 

[Albert]

Here I go. I am averaging down my russel short for the 6th day in a row. Oh why won't the koreans just blow something up? Geez, what's a guy gotta do to get a little bad news around here?
Albert

 

[scalpmaster]

Quote from LeonPhelps:

Don't see how this is risky if this means you are increasing your bet as you win and limiting your losing bets. Which product are you trading?

The risk happens when the SPREAD of averages for both sides(winning and losing) of the same product YM using different accounts widens to a level your margin cannot contain it even though your total funds remains steady .

 

[buzz]

Quote from Albert:

Here I go. I am averaging down my russel short for the 6th day in a row. Oh why won't the koreans just blow something up? Geez, what's a guy gotta do to get a little bad news around here?
Albert

Albert

Tell us when you blow you account or when you down to your last $250 bucks...This be a good signal for me to go short lol..

 

[Albert]

OK, down to my last 250. Go ahead and short. Should be interesting.
Albert:eek: