Is averaging down guilty? I was taught by Kawasaki Dollaremon-san about strategic averaging down
Mr. Doruemon Kawasaki, the developer of Guruguru Train, reportedly uses averaging down when engaging in discretionary trading. Averaging down is generally said to be a bad move, but how does Kawasaki Doruemon master it? It becomes clear that “planned averaging down is not a bad move.”
What you can learn from this video
This video covers the following:
- Averaging down is, roughly speaking, a method to lower the average entry price
- Averaging down is difficult in one-way markets (for example, USD/JPY in a trend)
- Difference between trading 10,000 units and averaging down every 10 pips with 1,000 units
- Introducing a specific planned averaging-down strategy! A real example of a 5-pip counter-move averaging down
- Adaptable to currency pairs and market conditions
- How do you think about taking profits?
- Points to consider when implementing planned averaging down
● Video: 15 minutes 06 seconds
Kawasaki Doruemon Profile
Feeling limited by discretionary trading, he sought a system trading method that minimizes mental burden and makes profits with ease. After various simulations, Guruguru Train was completed.
Official site:Doruemon Kawasaki FX Blog
Twitter:https://twitter.com/kawasakidoruemo
How to view FX technique videos
The portion available to readers (at the bottom of this article) embeds FX technique videos. Click the play button to start the video.