trichotomous
Is that a three headed hippo?
Where's your stop profit?
Stopped using them because I always got it wrong. Instead I chase the price downwards with a scale out of stop losses. So let the market make the decision. Its the JJG School of ShortingTM, gradually sell on the way down and then gradually buy on the way back up.
It seems to me that you need your own Hairy Bearie trademark for that variation of incrementalism because it significantly differs from my approach and my thinking (even though practically your approach seems to have decent practicalities)... Anyhow, my incrementalism approach is largely chicken shit about shorting (or using margin).