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Re: Watts Watt post# 183863

Saturday, 11/16/2019 7:51:29 AM

Saturday, November 16, 2019 7:51:29 AM

Post# of 232826
Agreed. Averaging down and scaling in are two very different things.

I have averaged up while scaling in many times and it usually is because I am making bank.

I have averaged down many times trying to trade myself out of a looser but never to average down and hold. It’s usually a very short term, calculated play.

The players that average down usually know something. Either they have the time or the means to pay for information we just don’t get our hands on.
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