DislikedDifference of averaging in vs adding to losing position. Lot of people get this wrong. Adding to losing position when you are committed fully into position and you are in red then add more lots to break even or minimize losses more or less like martingale.This is dangerous and not recommended. I recommend averaging in meaning you dont commit fully to position and slowly add remaining lots hence full committed lot is spaced out.Ignored
So regards of averaging i see about like u repeat many times is prefered add more positions with small lots then use only one big lot position for increase the range and the chance to survive in a real market conditions and i agree with you. But i will ask you if is better add positions when the price don't follow the direction of opened first trade so i mean a typical averaging negative or add also a positions in a positive directions until don't reach a sum of pips for a TP we had prefix at begin? Wich approach is more useful for a pivot trading?
Thanks again , and great pips from Italy.