I am ready to average another short if...
Many a time, trader are told that we should not be averaging.
But again there is something they left out i believe.
Averaging is workable on 2 conditions IMO:
1. I can stomach expected loss initially
2. Only average very near to market top or market bottom
I am ready to short again when price hit 220.
But again there is something they left out i believe.
Averaging is workable on 2 conditions IMO:
1. I can stomach expected loss initially
2. Only average very near to market top or market bottom
I am ready to short again when price hit 220.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.