Averaging Down Doubles Your Risk On Losers #shorts
TL;DR
Full video: https://youtu. be/Jb7q8f3WMO0 Averaging Down Doubles Your Risk On Losers.
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Where this fits in the Confluence Method
This lesson lives in the Stack step of the Confluence Method, where you confirm a key level, momentum and a trigger before a setup qualifies as a trade.
Read the full method ▸Full transcript
1 sections0:00Adding to losing trades is doubling the bet on the chart that already failed. Add to winners, not losers. Averaging down on a broken setup doubles your exposure to a chart the market just told you was wrong. I broke down the pyramid rule on real charts in the full video, link in the description.