DislikedMoney management and averaging down huh? Funny guy....
Why not instead cut losses quickly and add heavily to winning positions?Ignored
What if that winning position turns around and go against you ..not only you will give profits back also loose from your equity... this is where you cut losses... Only thing you can do is to put your SL at B.E.
One has to be very patient and disciplined...and most of us LACK THAT SKILL...
Markets are not Random, they are designed!