millionairemind wrote:We can only do so much FA... at times, the market knows more than us and it typically shows up in the charts way before the announcements.
iam802 wrote:Whether averaging-down or cut loss strategy, I think it is best to avoid putting everything on a single bet (of course, if the bet is right, the winner will tell a different story)
iam802 wrote:MM,
just out of curiousity...
does your friend place all his bets on this one counter?
One thing that I do on top of cut-loss strategy is 'position sizing'.
In simple terms, it means spreading my money into equal parcels across a few counters. For myself, I manage about 5-7 counters. Anything more, I cannot move fast enough.
Whether averaging-down or cut loss strategy, I think it is best to avoid putting everything on a single bet (of course, if the bet is right, the winner will tell a different story)
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