'When your security is acting right, you can safely add to your line from then forward!'
About this quote
- What does it mean?
- Add more capital to a position only when the asset price confirms your thesis positively. "s": "If your stock is performing well, it is safe to buy more.
- What can you take from it?
- Only add to positions that are already moving in your favor.
Where it applies
Putting it to work
Questions to consider
- How do you confirm a trade is right?
- When do you scale in?
Another view
Adding to winners can increase risk if the trend reverses.
More from Jesse Lauriston Livermore
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