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DOUBLING DOWN TO RECOVER A TRADE!? 🤔

✅ Trade with our Sponsor Broker: Trade Nation http://www.financial-spread-betting.c... ✅ Check our website: http://www.financial-spread-betting.com/ ✅ Please like, subscribe & comment if you enjoyed - it helps a lot! Doubling down to recover a trade. Is averaging down a good strategy? Is averaging down in day trading sensible? Doubling down means that you're buying as the market moves against so as to improve your entry price. You are increasing your risk by averaging down but you're reducing the price at which you'll break-even. This is basically a martingale strategy. This is a dangerous game. The argument for this is that markets never move in one direction. And they are right most of the times. And you've got deep enough pockets this can keep you in the game for a long time. But the problem is that you're in your biggest position in your worst trade. So should I average down on losing stock positions? OK. So how can you use this strategy without risking wipe-out? What is the best strategy for averaging a trade? ✅ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads. Sign up with Trade Nation: http://www.financial-spread-betting.c... 📜 Disclaimer 📜 81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Related Videos Is Averaging Down a Good Strategy or a Foolish Endeavour? 😦    • Is Averaging Down a Good Strategy or ...   DOUBLING DOWN TO RECOVER A TRADE! 🤔    • DOUBLING DOWN TO RECOVER A TRADE!? 🤔   Does the Martingale System Really Work? How To Use It Without Going Broke 👊    • Does the Martingale System Really Wor...   Strategy: Tactics for Scaling Into Trades As it Moves in Our Favour 👊    • Strategy: Tactics for Scaling Into Tr...   Mistakes to Avoid with Dollar Cost Averaging ☝    • Mistakes to Avoid with Dollar Cost Av...   Reducing DrawDowns: Don't Spend all your Time Making Money only to Give it All Back 😲    • Reducing DrawDowns: Don't Spend all y...   When Does a Good Trade Turn into a Bad One? 🤔    • When Does a Good Trade Turn into a Ba...   EARLY SIGNS THAT A TRADE IS NOT WORKING 😒    • EARLY SIGNS THAT A TRADE IS NOT WORKI...   CAN YOU FIX A LOSING TRADE!? ❓🤔    • CAN YOU FIX A LOSING TRADE!? ❓🤔   12 Reasons Why Most Traders Fail / Lose Money 😟    • 12 Reasons Why Most Traders Fail / Lo...   Critical Analysis: What is Causing You to Lose Money Trading? 💰    • Critical Analysis: What is Causing Yo...   Eliminating that One Big Losing Trade 👍    • Eliminating that One Big Losing Trade 👍   How To NOT Blow Up Your Trading Account! Avoiding the Big Trading Losses 😒    • How To NOT Blow Up Your Trading Accou...   Strategies to Improve Profits: Reduce Worst Losing Trades 👍    • Strategies to Improve Profits: Reduce...   Recovering from a Big Loss in the Markets 🙁    • Recovering from a Big Loss in the Mar...   7 Reasons You Are Still Losing Money Trading! 😞    • 7 Reasons You Are Still Losing Money ...   How to Survive a Trading Losing Streak? 🤔    • How to Survive a Trading Losing Strea...   Bouncing from a Big Trading Loss. Stop the Damage! ✊    • Bouncing from a Big Trading Loss. Sto...   Emotions and Trading: Feeling very Depressed and Disheartened? 😵😢    • Emotions and Trading: Feeling very De...   5 Signs You Won't Make it to Profitability 🤔    • 5 Signs You Won't Make it to Profitab...   How to Save Your Trading A/C From Catastrophic Loss: 2 Strikes Trading Rule 👍    • How to Save Your Trading A/C From Cat...   Losing Money Day Trading!? TRY THIS! 😰🤔    • Losing Money Day Trading!? TRY THIS! 😰🤔   How Society Programs Bad Traders: Losing Money, Being Wrong 😶    • How Society Programs Bad Traders: Los...   Ways Your Mind Tricks You Into Being a Losing Trader! 🙄    • Ways Your Mind Tricks You Into Being ...   How to Handle Losing Money in Trading Like a Professional ☝    • How to Handle Losing Money in Trading...