If using the averaging (namba) logic, single-sided averaging is preferable

When thinking about the pyramid logic

there is an idea of pyramiding while going long and short at the same time, but

basically, while the trend is against you, losses expand

basically, whichever direction you move, because you are pyramiding with both sides, losses will expand

At this time

if you operate with a single-position mindset

you can pyramid in the favorable direction with a single position

For example

In a trending market, even if you are hedged, you switch to a single-position pyramid at the N-following point

Behind the double-position pyramid there exists the possibility that either side could go against you

therefore you should adopt a pyramid logic with a single-position mindset

Also, with a double-position pyramid

you cannot cut losses on the position that is moving against you

that is because you think, “it might revert, so I am pyramiding on both sides”

However, with a single-position pyramid

because of the “single-position mindset,” you can “accept losses,” and you can cut losses

(in other words, the mechanism for increasing capital in pyramid logic lies in where you cut losses)

The thinking required for a single-position pyramid is to cut losses; it is not to pivot

If you incorporate pivoting into a single-position pyramid, you will face a back-and-forth hit

The market conditions where pyramid logic works

are those in which you trade only when the market pattern from past data supports the pyramid logic

In other words, you rest during certain market patterns and trade during others

Choosing to “pivot” is equivalent to ignoring market patterns

Therefore you end up losing because you cannot effectively increase your capital

With single-position pyramid plus market patterns, incorporating “trade,” “cut loss,” and “rest” as logic elements

the single-position pyramid logic becomes viable