TalkingTrading

Hear Chris Tate’s strategy on pyramiding and why sitting on your hands is sometimes the best advice. Louise Bedford compares trading to other moneymaking ventures and its return on investment in all areas of your life. Pyramiding - Chris TatePyramiding in the markets is counter intuitive strategy of adding more money to a winning position. As your position increases in profit, you buy more.So... is pyramiding working at the moment?You'll be surprised when you hear Chris Tate's answer. Normally Chris Tate is an aggressive pyramider but because trends don’t have a pattern of longevity, he has altered his trading approach slightly.Chris’s advice is as a trader you don’t always have to be 'doing something'. If there is a secret to trading it could just be….SIT ON YOUR HANDS and let the trend find its own rhythm. Opportunities Are EverywhereGood traders are action takers… but sometimes it is hard to decide which moneymaking opportunities you should follow.This is how Louise evaluates trading in