Quote:
Originally Posted by mytwopips
If it goes lower I buy more, because it just got cheaper. Value traders like bargains. But sometimes in a horrible downtrend the 200 ema will point south and price will always find a spot to cross the 200 on the 15m even during a horrible downtrend. When that happens you have to realize that price is now at fair value and no longer a bargain and close your orders in profit or in loss. That is your "stop".
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OK, now I will definitely look back over guppy's actions this past year to see how that would have played out .. if it is as I think, you really are on to something!
And I am just one post away!