The Common Sense Investor
Member
Hey everyone, I just dropped a new video covering the second most common question I get from bot users: What do you do when the bot is wrong?
The answer lies in understanding drawdown and using averaging down as a strategy. Instead of panicking when your trade goes against you, you can turn it into an opportunity.
Here’s a quick breakdown of what I covered:
Understanding Drawdown – The bot isn’t necessarily “wrong,” it’s just in temporary drawdown. Learn to read the data so you don’t exit too soon.
When to Average Down – Some traders use a fixed percentage drop (like 0.5%) to add positions, while others rely on support and resistance levels to make strategic buys.
Using Support & Resistance Indicators – I show a simple way to find key levels where you can average down safely.
Why This Works – Instead of needing price to fully recover to your original entry, averaging down lowers your break-even point, meaning you can exit sooner and with double the profits on the way back up.
I demonstrate this LIVE in the video and show how using tools like auto-drawn trend lines and support/resistance indicators makes this strategy even easier.
If you’re struggling with bot losses, this video will help you turn setbacks into bigger gains. Check it out and let me know your thoughts!
[Insert Video Link Here]
Let’s keep leveling up!
Check out the Video HERE
The answer lies in understanding drawdown and using averaging down as a strategy. Instead of panicking when your trade goes against you, you can turn it into an opportunity.
Here’s a quick breakdown of what I covered:
Understanding Drawdown – The bot isn’t necessarily “wrong,” it’s just in temporary drawdown. Learn to read the data so you don’t exit too soon. When to Average Down – Some traders use a fixed percentage drop (like 0.5%) to add positions, while others rely on support and resistance levels to make strategic buys. Using Support & Resistance Indicators – I show a simple way to find key levels where you can average down safely. Why This Works – Instead of needing price to fully recover to your original entry, averaging down lowers your break-even point, meaning you can exit sooner and with double the profits on the way back up.I demonstrate this LIVE in the video and show how using tools like auto-drawn trend lines and support/resistance indicators makes this strategy even easier.
If you’re struggling with bot losses, this video will help you turn setbacks into bigger gains. Check it out and let me know your thoughts!
[Insert Video Link Here]
Let’s keep leveling up!
Check out the Video HERE
