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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Eric P who wrote (126)6/7/1999 10:15:00 AM
From: AugustWest  Read Replies (1) | Respond to of 18137
 
thanks Eric, I agree too.

I have already learned from this thread. Thanks to all who are contributing.

I know, i hear all the time not to average down on a trade, well, what about maybe getting half of what your total position wants to be, and then waiting to see if it's turning for sure, and then average up or down with the other half?

This is something I been toying with a little when I'm a bit uncertain of the actual trend change. Used mostly on a daytrade that I don't plan on trading more than once or twice in a day, so I can wait longer than 1/2 point up or down.