Roland Campbell from Millionaire Traders averages down as his principal way of trading. I have seen his personal and handled account statements. Sometimes he takes 6-8 averages in 1 trade. Its strong as long as you use appropriate risk throughout the entire average.

Its used in zone to zone trading. When you feel that price will move from one general zone to another, you don't have authoritative entrances and exits, in order to develop a position in 1 zone, and you scale out in the one you're aiming for, or dump it if its not exercising.

Lets...
Any idea what his possition sizing was for entries after the inital one? On 8 averages I cant imagine him raising dimensions considerably. And any notion about his ordinary win/loss?