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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