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Old 06-24-2007, 07:25 PM
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Re: Scaling In and/or Out
Jerry - good points. The initial topic was to discuss scaling in and it looks like Sharp brought up averaging down. I'm with you - I think averaging down is a loser's game over time.

But to say that everyone needs to scale in I think is incorrect, as I've demonstrated in this thread. You mention that traders need to be able to reverse, and we agree there, but to scale in and be able to reverse quickly is not one in the same. As I mentioned above, the numbers can get skewed quickly if you scale in AND reverse when necessary.

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