Might not go straight up but very possible in steps.
You know, sell some halfway or 3/4 and buy the consolidation type thing.
Be flexible, but have a plan.
I was a novice, but was on a site with a guy who traded out of some impossible looking trades. He didn't explain it and I didn't have the knowledge I do now so didn't understand all his buys and sells as well as how and why he chose certain position sizes, but honestly never saw him lose money when I thought it was impossible to get his investment out of the trade. I thought he was just averaging down or throwing good money after bad, but whatever his plan was it worked over and over when I thought he was trapped. I do know the position sizing was as important as the chart buy and sell points.
Maybe some food for thought here on your site.
If others have a system for trading out of a loser. Would love to have a discussion.
Green Trades.
