Pyramiding

[axzhycmv52]

Can't find much mention of people pyramiding winning positions, I confess I usually overlook these opportunities, usually only too glad to get out with the profit initially targeted.

But surely, if you can pyramid but don't, aren't you giving away free money?

[Barchart.com]

Maybe we can share experiences -

* How big was your best pyramid, i.e. how many times your original risk capital?

* What are your best pyramid signals?

* How many times do you pyramid a successful position?

* If you're doing this successfully, what's your timeframe?

[bcar1qyd]

Your approach sounds rather like mine. Pyramiding always sounds good in textbooks but I find that by the time I'm confident that my stock is on a good run I'm thinking about getting out with the money. My approach is to re-enter if I feel there's still mileage to be had. Also, you can argue that pyramiding is concentrating risk. Mine may well be a flawed psychological approach but that's not what my bank account tells me. Perhaps it's symptomatic of being a fairly short term swing trader – I wonder if pyramiding is better suited to longer timescales?

I'm very interested to hear what other people have got to say on this.

[admin]

im sure i have a p.mIner text on pyramiding somewhere. if i cacn find it i will post it