How pro traders add to winning trades

[@JourneyofScotty]

"Hold on to the risk longer and let the market do the work for you". Thank you so much for this value again. Also if you have not read this mans book. Its well worth it!

[@handmadehearts]

Excellent information. Thank you for sharing.

[@ukxgerard]

Thanks for the great information. So few people talk about adding to winners

[@handmadehearts]

Mostly they are adding to their losers.

[@gr8157]

Thank you for your time & effort!

[@zinzombambo8880]

thank you for this Michael

[@Thecuriousmind123]

Hi Mike am hooked to watching your videos..find most of your content of value. I generally sell options on an Indian stock index the Nifty 50. I stuck to selling a strangle in the morning and take it off by close. Occassionally i will sell only calls or puts if i anticipate a one sided market. So I don't add to winners as i have just a few hours on the trade. How would you improve this strategy to increase gains apart from just increasing the lot size. Any suggestions would be really helpful. I have been consistent in the last 9 odd months. My goal is to achieve financial independence for me and my family.

[@carlost8773]

This was a particularly good episode ... Gratitude.

[@astralbody]

Great video, Michael. I have a question based on the topic of adding to winners. From a day trading perspective if I enter a position light risk unit for example one quarter of the size and I add to it one thing that's never discussed by "trading gurus" is the perspective of management of risk units using LIFO or FIFO. I'd like to know your insight and take on this? Cheers! Long time follower and you've helped me so much over my trading "career".

[@carlosqdeguzman]

Super needed this. I often nail the bottom picks but can't seem to find myself to add when it goes my way. Max I ever did was add 1x and that's it. Always amazes me how others can easily add or what they say FAEP (f*ck the average entry price) hehe

[@Bhavesh-n5j]

thanks a lot buddy

[@timcostigan4672]

very helpful, thanks!

[@michaelfazio8137]

I like the idea of pyramiding. That’s my takeaway. Thanks!

[@bdanimation2801]

it actually profitable… i make EA that able to add to a winning trade and it able to gain 1000% in 2 month with Gold that super trending now..

[@andrerolim8345]

Sinceramente, de modo algum eu aumentaria minha posição vencedora. Ajo desta forma, pois parece irracional do ponto de vista estratégico piorar o preço médio, além de muito perigoso. Uma possibilidade seria apenas aumentar o profit target, caso você esteja confiante sobre a estratégia. Mas sem aumentar a quantidade da posição.

[@Trader-Mindset-IVT]

Obrigado pela sua mensagem. Tudo bem ser um trader baseado no medo. Você provavelmente está negociando em um prazo muito curto para que isso funcione. Você está adicionando risco, removendo risco. Você pode ganhar dinheiro dessa forma, mas não os grandes ganhos que as lendas fizeram.