DislikedAs you will notice in viewing Brian's charts, positions are added up as the trend goes in his favor; Pyramiding up. This topic is well explained here. An excerpt: "Adding to Winning Positions It is now fairly recognized among experienced traders that one of the best trading strategies you can adopt is to add to a WINNING position (as opposed to a losing position/averaging in). The other is of course to take profits before the trade turns into a loser! This...Ignored
The wisdom of Jesse Livermore is good but I find Cramer's way works better for me, especially when trading big lots. Big lots tend to get movers (brokers) scrambling for cover and you get better prices if you go in small.
Ecclesiastes 1:9
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