Mr.Long

Adam's Ten Principles of Theory:
(1) Never increase your position or average down on a losing position.
(2) When opening a position or adding to it, you should also set a stop loss at the same time, so that you can be prepared to exit if you make a mistake.
(3) Never cancel or move the stop loss unless the price is moving in the direction of the opening position.
(4) Never let a reasonable small loss turn into an uncontrollable large loss. When the market is unfavorable, exit immediately; there will be another chance to enter when a better opportunity arises.
(5) In a single transaction, or on
View Original(1) Never increase your position or average down on a losing position.
(2) When opening a position or adding to it, you should also set a stop loss at the same time, so that you can be prepared to exit if you make a mistake.
(3) Never cancel or move the stop loss unless the price is moving in the direction of the opening position.
(4) Never let a reasonable small loss turn into an uncontrollable large loss. When the market is unfavorable, exit immediately; there will be another chance to enter when a better opportunity arises.
(5) In a single transaction, or on