Disliked{quote} The picture and phrase is so true. I've seen so many ppl (also high-net-worth traders) or (smaller) funds doing exactly that. On the other hand: pyramiding against these sucker pockets is one of the most lucrative trading ways if you know how to do it.Ignored
So, basically, his assertion about losers averaging losers concerns equities. Nothing to do with us here trading FX.