I've made good money on this but not from a buy and hold and not from averaging down.
I know you lost but I tried to warn you. I probably went too far but I knew you were going to hurt. Remember at 1.14 I told you to sell at least some and you bought more. Its not the stock its you. I've got 3 really risky bios at the moment and all I've made good money on all. Its actually pretty easy. Not every trade wins.
If you want to play remember to wiegh your risk. Less than 3% is my rule if it goes up 10 times then I have to reduce most of it. Plenty of books on the subject.
If you don't want to play have a look at RF1 still risky but in a few years you will be able to take advantage of those capital losses. You will be motivated to take losses when you make money.
Good luck.
KZA Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
