Averaging Up for Bigger Wins

Most traders have heard of averaging down. It is often an act of desperation to reduce a trader’s average cost for a position because the trade has gone against them. But did you know you can average UP on a trade to build a bigger position on a winning trade (or DOWN on a short). This can be done without any additional risk aside from a tighter breakeven stop. This additional buying power can result in some impressive wins. In this webinar John will discuss when this might be an appropriate strategy and how to calculate how many shares to purchase on your adds.