Hello, this is Eddie

Hello all, fairly new to FX.

I kind of jumped right into this, used the demo account for a few days, and then opened a live account. Have been trading for about 2 weeks now. Currently +$600 in profits… despite learning on the go and making a couple of costly mistakes.

Looking forward to really getting into this market!

A couple of things I’ve noticed.

Averaging down on trades really helps… has helped me get out of a few bad trades with little or no loss.

Holding a losing position and averaging down in the process, I have been able to get out of bad trades.

I don’t know if this is the norm, or if this is just a small sample size though.

How do you guys feel about holding onto trades and averaging down? I held several trades for more than a week and eventually evened out on them with no loss.