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So you want to Average Down?

By Abiel, August 31, 2018 in Day Trading Basics

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Abiel 475

Posted August 31, 2018

Andrews video "Averaging Down vs. Adding More in a Pull Back" is an excelent remider of the dangers of averaging down when your trading strategy / idea is not longer valid. Andrew reminds us in this video that "the market can stay irrational longer than one can stay liquid" and provides an excelent example that there isn´t deep enough pockets with Brian Hunter´s case who lost 6 Billion trading natural gas. even you can watch the 1999 movie about Brian Hunter, Rogue Trader with Ewan McGregor.

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Abiel Guerra

BBT Team

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@abielguerra

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