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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