is averaging down a good strategy ??, page-22

  1. 22,605 Posts.
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    averaging down

    all imho

    ok in top 50 stocks if you know what your doing and there income streams are secure and you have some form of stop in place



    to be avoided in every other stock

    especially in spec stocks - go and put the money in the bin, then give yourself a punch in the head




    the main problem with averaging down is you were wrong on your first purchase and the odds are you will be wrong again and again. cut your loss


    averageing up is great



 
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