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If losers average losers, then I am a loser
Started Aug 4, 2011|Trading Discussion|10 replies
Averaging down is how I scale into a position. Once or twice a day, someone is driving the ...
wheres clog, i need some blatant macro clarity.. looks like we are just positioning for a bad nfp number.. rather than a churn and burn continuing the trend of yesterday's panic.
nice jump there. i got lucky took a subsequent short at 50 as was earlier plan, if it goes any higher, im scaling in more. just good R:R if correct, so why not.
sorry i wasted your precious time, doing nothing, waiting for setups. just because we all have google now, everyone has an attitude. i like interacting with people. people can get to know me better, and where i'm at as a trader if I share my ...
I didn't realize the term 'scaling in' existed. Thanks guys. Sorry for the terrible thread lol
thanks for clearing it up. must have had a mental block.
I think it can be specifically useful, scaling in, when price is near several closely grouped s/r levels, as you can kind of feel out how far into s/d price will go.
hm.. speed bump or road block. after the boj yesterday and the performance by the dow today, i remain uncertain, but certainly risk-off.
Averaging down is how I scale into a position. Once or twice a day, someone is driving the ...
wheres the snb? anyone keeping an eye out tomorrow?
gotcha, i will heed wisdom and enact some covering sooner than later.. then start selling in tokyo up until nfp then cover some more, well see how tomorrow goes..
today was an easy day, sold some, went to sleep, woke up, sold some more
are you guys holding over ny close or looking for tky reload? with nfp around the corner... im thinking about taking more off the table.. tomorrows direction bias seems pretty clear tho