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Well I guess it's the big boys who move the market short-term so they're really king of the jungle, a big player therefore has no need to take a loss on any position. Whether they do or not I'm not sure.
I suppose it's all down to scale, little fish like us with our small trading accounts could, in theory, average all positions in order not to lose as long as we traded extremely small, it wouldn't make sense in a trending market though because profit is there for the taking, but in a ranging market there are undoubtedly benefits in my opinion.
Mick
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