As someone indicated earlier, one key operation in this system is to decide what constitutes a "full" and "half" position in the first place.
Otherwise the whole scheme degrades into "doubling down", rather than "singling down", which would be the name for Case2 above. And everyone knows that doubling down is "bad" :-)
Another problem with the recipe is that it does not define clearly what "dropping like a stone" means (case2). What time-scale are we talking about? A day? A week? Two weeks? Percentages?
Perhaps the biggest problem with the system is that it is somewhat wooly and vague.
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As someone indicated earlier, one key operation in this system is to decide what constitutes a "full" and "half" position in the first place.
Apr 21 12:01 pm
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All Comments by user225084-justme »The Wisdom of Half Positions [View article]
Otherwise the whole scheme degrades into "doubling down", rather than "singling down", which would be the name for Case2 above. And everyone knows that doubling down is "bad" :-)
Another problem with the recipe is that it does not define clearly what "dropping like a stone" means (case2). What time-scale are we talking about? A day? A week? Two weeks? Percentages?
Perhaps the biggest problem with the system is that it is somewhat wooly and vague.