Failure to understand risk/reward and why you're losing as a trader.

See my previous post..

 

You should try that with leverage and report back.

 

Not to mention opportunity cost.

The guy is an investor - not a trader. You don't need stops when you just DCA index ETFs.

 

Don't leverage! lol....that's the problem. You guys are underfunded, so being forced to leverage up to make a decent profit. You are sitting ducks for the MMs.

 

Maybe, but he refers to swing trading. So that's my reference point. Gotta take him at his word.

 

Did I say dollar cost averaging? Did BNF dollar cost average? lol. That is the worst strategy...yeah lets increase my break even during an uptrend lol.

I said I gave an example of the worst case scenario with SPY. Ideally you are entering near the bottom of the cycle, and averaging down from there. Same like BNF!

 

That's the most fked up thing about trading. You can lose money when you are right because of risk management.

 

Then not as much of a bang for the buck when you're right, is there?

 

I think you should wind up your Lambo (2008) and go for a spin.

 

No no not so fast... YOU said that buying and averaging down is dollar cost averaging. It is not. It is exactly what BNF did.