Haven't averaged since late April...i mean why average after the bottom?
Must admit i did a little (new position) average a few weeks ago...and lol its come good already
As for my bank, i sorta meant that i wasn't sitting on the side lines waiting for anything....if ive just exited a position then ive got a buy order in the next day, and because i low ball...sometimes it takes a while to get filled.
Yep 100% winners...top 5 average down highlights
- MRE 30 cents, now 1.11
- TRY 75 cents, now 1.72
- ENE 1.52, now 2.49
- EVG 4 cents, now 6 cents
- SUN 4.50, now 7.90
With my new positions i have been exiting within a target range (8 to 14% profit) not exiting with a stop....now with hindsight this has cost me serious money, as in lost profit...but needed to be done to free up capital for the next position....RE: my rule #5 "u cant get it right all the time".
Yep...ive sorta come to the conclusion that the market of the last 9 months or so has very much suited me and my style....times are a changing.
perhaps time to start trend following....just dont know if i really could get used to top buying and losing 40% of my trades :dunno: