I would like to discuss averaging down

Discussion in 'Risk Management' started by Daring, Sep 1, 2012.

  1. ammo

    ammo

    havent tried it on the long side but when the spx moves up it leaves a market profile footprint and over the last 20-30 months ,it has pulled back 20 40 points at some point each month,except maybe 3,so if you can scalp in and out to raise your average, when that 20- 40 point down day or 2 or 3 comes you are positioned to take a profit.. just a sample 6 out of 8 from jun 09 - jan 10
     
    #371     Oct 30, 2012