I know everyone is all "don't martingale, it's bad, booo, only losers average losers, etc." htf do you average INTO a winner? It kills your trailing stops. Go long at 100. Price is now 105. You are winning! You think this trend is going to run long so you buy another @ 105! Now your average cost is 102.5. Why is this bad? You just killed all your "wiggle room." If price jiggles a bit down to 102 OH SNAP not only are you stopped, out, but you LOSE MONEY. And of course it WILL jiggle down to 102 on its way to 200. Had you not averaged into it, you'd still be a) in the trade and b) in the money if it wiggled down to 102. I don't know about you guys but if I bought at 100 and lost money at 102 I'd be pissed. Now tell me why I'm wrong about this?