Yes and no. It all depends on the specifics of the trading method being used.

do you wait for candle to close?

In practice, trading is not black and white. Averaging down/averaging in are particulars, not universals. Both may work, both may not work, depending on the essence of the trading method in which they are being used. My 2 pips, vox

'Averaging Down Is for Losers' - valid or not?

Haha that one a bit weak EPIC: video

What kind of music you hear while you trade?

That is so sad. The corrupt taking power from the corrupt, and the people being murdered along the way.

Cable Update (GBPUSD)

Game of Thrones soundtrack by Ramin Djawadi, Zimmer's protégé video video

What kind of music you hear while you trade?

Yes he is, and another master piece Jocelyn Pook video

What kind of music you hear while you trade?

Great picks GDR Time is my favorite from Hans Zimmer, although as a whole I like Gladiator soundtrack better thanks to Lisa Gerrard's otherworldly voice.

What kind of music you hear while you trade?

Today I've learnt something worth learning! Thanks for asking J, and thanks for answering Stt

MPB Journal

Hi MPB, Agreed on SPX. As it remains in uptrend, between buy and sell, buy is preferred. Follow the trend. That's exactly what I try to do with currencies. Btw, the fact that I've mentioned EURCHF pair doesn't necessarily mean intention to trade it. ...

MPB Journal

Ukraine is in spotlight right now. Here's some Ukrainian quality music: video

What kind of music you hear while you trade?

Doh. You are right! EURCHF peg floor remains @ 1.20. 1.22 floor was rumoured but never made official by SNB. Memory playing tricks on me. Many thanks for that and for clarifying central bank and liquidity relation as well. You clarification implies ...

MPB Journal

There's nothing to apologize for. Thank you for sharing your view.

MPB Journal

Hi Olu and J, That's a very good question indeed. At the moment I don't have a clear cut answer as to how will SNB create the liquidity it needs, and that's the whole point. As long as lower EURCHF remains a possibility, I'd rather stay out ...

MPB Journal

SPX and DOW are currently bull markets. Both price and CoT data support the idea. So please bear in mind at all times that the possible bearish scenarios I'm presenting below are countertrend by definition. If SPX gaped below support next week due ...

MPB Journal

I know that know, but I wasn't aware she existed before your post haha

What kind of music you hear while you trade?

Thanks Nuts Wow! This girl actually plays Hendrix, and I didn't knew her either. Seems like I've been missing.

What kind of music you hear while you trade?

Thanks MPB. Will do.

MPB Journal

I'm glad to hear that. Good luck.

$150,000 initial capital - any good strategies?

Thanks J What a gifted young lady! A Jazzy voice and a Jimi Hendrix like guitar. Can't believe I didn't knew her

What kind of music you hear while you trade?

If you're new to trading (and it seems so) do yourself a favor: Do not start with a 150k account. Start small focused on learning, rather than profit. Earn the right to trade a large account first.

$150,000 initial capital - any good strategies?