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[USER=2104]@finicky[/USER] I was reading through this thread and was a bit confused on your logic to enter in your initial purchase then with your subsequent purchases to average down ? Please don't take this the wrong way as I am not perfect (far from it) but as I said I am interested in your thought process on this one.1. Do you trade on a combination of FA and TA?I could not see your entry point clearly on the chart posted - There is a close above top Bollinger Band around the 13/10 that could have provided a lower entry point ~ 17.5 to 18.5c2. As quoted above you mentioned that 13.5c would be the key level to add, but you added at 20c, 16c, 16c, 16c -3.Fair enough mate, but with around $18k invested so far, this ties up some funds so how long are you really willing to wait? If years then you have more patience than me.As said above please don't take this as a attack on you as I can show you my trades on CLA and you will shake your head in disbelief on the stupidity in my actions. If not comfortable to share please disregard the above.Good luck in the trade.Trav
[USER=2104]@finicky[/USER] I was reading through this thread and was a bit confused on your logic to enter in your initial purchase then with your subsequent purchases to average down ? Please don't take this the wrong way as I am not perfect (far from it) but as I said I am interested in your thought process on this one.
1. Do you trade on a combination of FA and TA?
I could not see your entry point clearly on the chart posted - There is a close above top Bollinger Band around the 13/10 that could have provided a lower entry point ~ 17.5 to 18.5c
2. As quoted above you mentioned that 13.5c would be the key level to add, but you added at 20c, 16c, 16c, 16c -
3.
Fair enough mate, but with around $18k invested so far, this ties up some funds so how long are you really willing to wait? If years then you have more patience than me.
As said above please don't take this as a attack on you as I can show you my trades on CLA and you will shake your head in disbelief on the stupidity in my actions. If not comfortable to share please disregard the above.
Good luck in the trade.
Trav
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