Originally posted by minkw
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Nobody can pick a perfect high/low "allways" would be the right way to put it. Thats why risk:reward ratio is so important.
Gridding is okay to a certain point, as long as the overall trend is active and goes in the same direction, its completely fine to add to your positions, but there has to be a point (breaching a swing high/low or whatver) were you just admint that you are wrong and close the trades.
Basically you're saying that you have no idea what you're doing, not so long after selling your strategy as a super safe cash cow. Honest, but strange...
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