OK. For long stock/ETF positions this may make sense. I trade only futures (ES/NQ) where the downside is also limitless. :D Given stocks have...
Appreciate your observations but IMO trading as a business is about developing good habits, repeatability, and consistency. Averaging down has the...
100% agree. And this leads to either quitting very quickly, resulting in death-by-a-thousand-cuts OR brain freeze, resulting in let-the-losses-run!
In my 10 years of trading experience, mainly day/swing trading ES/NQ, I have learnt first hand that both averaging and trading without stops will...
@fttrdr, thanks for such a great post! You mention "If you are trading with $50 stops you will blow your account. Death by a thousand cuts....
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