Another way to manage your trades if you don't take stop losses. If price drops by a substantial amount against your trades it is good to average down because at some point the market will retrace. It always does, especially if it was a quick move. More so if you trade in line with your available margin and risk tolerance. I see too often that traders have to take a loss, if not they will be margin called. Trade small in line with your risk tolerance and average down or up to get out of a losing position quickly. Just another way to money manage your trades. Cchin does this from what I can see.
Cheers.
Cheers.
Trade to trade another day
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