Traders Laboratory - View Single Post - Debate: Hard stops or mental stops?
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Old 09-07-2006, 01:13 AM
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Soultrader Soultrader is offline
Soultrader is focusing on discipline.

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You mean you average down on a losing positon? How many times has that helped you?

One of the rules I follow is to never average down but I am aware that for some people it does work. Most of your stop placement is done at or near high volume areas?

This is interesting because this would mean your core trading philosophy is volume based.

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