Recent content by MiniBagTrading

Primarily US stocks. Haven’t focused specifically on any particular sector.

Would certainly agree here to an extent. If I were to continually average down, a couple “bags” could blow up my account. But with the starting positions at such a relatively low fraction of my brokerage account, they could theoretically go to $0.00 (yikes) and while that would be brutal, it...

100%. Currently I’m entering scalping positions with 5-10% of my brokerage account’s value per position, with the goal of being in & our quickly on a successful trade. Every (hopefully just temporarily) losing trade becomes a “bag” that I’m holding until even or better. This decreases my...

That’s a fair assessment, yes. Since I’ve started trading (again, just a year), I’ve always been taught that someone who doesn’t exit a losing day trade and cut his/her losses is a “bagholder” and undisciplined.

Hey guys, I’ve been trading for about a year now. Year one didn’t go so hot. Pretty sure I lost money in every undisciplined (and sure, sometimes unlucky) way imaginable. For the most part, my own fault for making less-than-ideal entries and then aggressively averaging up/down, switching back &...