I am not suggesting just keep buying and buying as price falls I am suggesting that you take your one set amount that you are willing to risk on that trade and divide it into separate orders and then use averaging down to get a better overall entry point.
That’s clever, but in this case why not take your loss on the first trade and wait for another real signal for re-entering? You are just betting that the price will come in your favor .. one day.
What I was pointing to you, is that, when averaging down, it is not necessary to trigger orders on a very elaborated strategy, because averaging down is pretty much like taking a loss and doing a martingale on the next trade, and so on.
