That's a ~reverse martingale. Double up after each consecutive loss. Not a good idea. Demo it. I imagine it'll generate longer equity growth with patches of severe drawdown. When entries are the problem, work on entries. Market is technical in the short term. Look for logical areas of support/resistence/fib confluence, multi-time frames, use price action, sell on pullbacks, buy on dips, use trader vic setups. Cut losses short and take another stab at the next window. Contemplating averaging down means you can't short-term trade. Learn that, instead of gambling account equity praying for rain. My 2 cents.
lol. you really think hedge fund managers like eddie lambert sell their positions if it goes against them a little?
this whole thread is about how the best hedge fund managers operate. the evidence seems to show they do not operate as you suggested. many do add to losing positions. maybe you could learn something from them. just my 2 cents.
When i've got 9 zeros on my account, yea I probably could. Until then, it's just boring reversals and pullbacks for me. Cheers.
It's Eddie LamPert, with a "P". And where did that come from? Achilles28 didn't mention anything about Eddie Lampert or closing a position if it goes a little against you. You can't just stuff that into someone else's mouth. Now is this nonsense? You tell me!
Cutting losses short doesn't necessary mean closing the position when it goes against you by little. There is a HUGE difference. Stop making stuffs up. If you are unclear of something, all you have to do is ask.