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renee :are you still averaging down?, page-16

  1. 3,025 Posts.
    Hey renee,
    Glad to see you are back in front again.I think I said before if it works for you ,go for it . I was just pointing out just as most of the others were it's the opposite to what most traders do. As far as "buying in gloom" what you are doing is buying when you think a share is at rock bottom and under priced and then buy more on the way up , move up your stop loss as you go and lock in your profit. That way you are always in front. At what price would you stop averaging down.? 99c like yesterday. Would you buy more if( when) they go to 80c. Please keep the dialogue going I find it interesting.
    PB
    ps CAZ have just lodged a 2nd submission supporting it's application ,thats what caused the rise today.Looks like a long wait with Xmas break coming up.
 
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