i've been thinking that the more i average, the bigger the target i should use...say if im 50% in i should aim for 3 ATR...100% in 5 ATR..i think it makes sense...so i dont aim for large up moves when price has only fallen a little....i think there's a higher probability of a bigger up move after a bigger down move....what do you think?
of course, even with averaging you may lose...and if volatlity dries up it can be painful...