Best advice I learned is to stick to the system indeed. The break even point would then be even lower, the average would be 1.95$ because of tranche3 is much bigger in number of shares than tranche1, due to equal dollar amount tranches.
That is the best feature of Sean’s investing system, the progressive increase in number of share towards further tranches. That is the reason we don’t need the stock to reach the tranche1 entry price to earn a lot of money. Halfway is also good. You can calculate the average break even based on the 3 tranche prices like this: 3 / (1/tranche1limit + 1/tranche2limit + 1/tranche3limit) = 1.95$ for SAN. You see that the halfway limit of 2$ is already profitable.