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Adding to a position as the market moves up or down.

Additional Comments:

Pyramiding a winning position is risky; pyramiding a losing position is suicide.

Related Terms:

Closed Position
Exposure in foreign currencies that no longer exists. ...

Long Position
A position that appreciates in value if market prices increase. When the base currency in the ...

Position Trader
Trades longer-term trends lasting from several days to several weeks. Trades for points, not for ticks. ...

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