DislikedAs has been discussed in other threads, pyramiding is nothing more than a collection of individual trades. Stacking another trade on top of an already existing trade does not change the dynamics of your exposure as opposed to closing original trade and opening a new trade of larger position size. In a hypothetical scenario of all things being equal, risk is proportional to reward. Of course not all things are equal in the real market. Your success will depend on finding these inequalities (also known as inefficiencies) and then exploiting them....Ignored
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.