Predicting Price

I find that scaling in (averaging down) is necessary for people (like me) who cannot predict price direction. Trust me, if I could predict direction, my strategy and money management would be a lot different.

Scaling in is superior for people who can’t predict price direction (which is me) and who are trading strategies that lend themselves to scaling.

If I could predict price movement, I would go all in with my entire position right away.

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