N-pon is not a devil's technique
If I say something like this, you might say, "You’re looking at the current market, aren’t you?"
There are surprisingly many crappy markets where both trend-following and contrarian strategies don’t work well.
Even more so, the day when the trend continues will come soon.
The market is a series of such whims.
So if you scale up averaging down as well,
it won’t become a devilish method.
That’s if you use it well, though…
You have to find a way to utilize it yourself.
By now, trading logic has accumulated like a mountain and
consumers keep saying, "It’s unusable," or "garbage," which is why I can say this.
There isn’t a holy grail from the start —
you should understand that and look for your own grail.
If you leave this to automated trading or system trading,
you’ll end up fighting a dilemma where you don’t see a meaningful increase.
With the logic you naturally feel confident in,
the only method is to keep trading relentlessly.
In that sense, averaging down isn’t inherently evil or anything.
Quite the opposite for those who use it, really.
Whether you’re suited to the market or not
the real issue is your strengths and weaknesses.
It all hinges on how much you refine your discretion.
To put it briefly
“Indicators aren’t important,” and “the grail is ultimately discretionary trading.”
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