RuleactiveUpdated 2026-10-19
Adds only from the plan
No adding to a position unless that price or trigger was already written in the plan.
No add unless that price or trigger was already in the plan.
Why
Adding is where small losses become big ones. Averaging down because it "looks cheap" and pressing because it "feels strong" are both decisions made by the position, not the plan. Pre-written add levels, like a deep-value ladder, are fine. Ones invented on the fly aren't.
Times this rule was broken: 0
Logged in each trade's review. Counted, not hidden.
Not broken yet on a reviewed trade.
Related
- Deep value: buying quality near the 200-week VWMAA quality company sells off to its 200-week volume-weighted average. Scale in at pre-set levels, then manage it like a pullback once the trend turns.
- Plan before the fillEvery new buy has a setup, a one-line trigger, a stop, a size worked out from that stop, and a first target with a trim amount, all written down before the order fills.