I get losses too, the trick is to never average down if you can...

  1. 1,094 Posts.
    lightbulb Created with Sketch. 57

    I get losses too, the trick is to never average down if you can help it, average up. I think that's the key.

    Always take your first loss, the books are correct in that regard, it's the only thing that a trader has in control.

    It's right to be wrong!
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.