WINNERS ADD TO WINNERS! 🏆

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Winners add to Winners
I've already covered the notion that losers tend to add to losers. Paul Tudor Jones had a note on his desk stating this as a reminder for himself!

Why? Because if you keep adding to losers you will end up with the biggest position sizes in your largest losers which can increase the damage to your account even further! Adding on the hopes that a stock pops back up is a losing game in the long run.
The best traders add to their winners as the trades move in the direction they have originally predicted. Are you adding to your winning trades? And how do you go about adding to your winning positions without massively increasing the risk?

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