I think the replies are a little biased since we are in this extended bear-market but like many others here I have learnt the hard way; do not average down.. at worse hold onto your initial trade and then buy more once your in the the green on that trade.. the golden rule is capital preservation.. Averaging down is coupled with stop-losses and the remarkable discipline required to stick to them.. I would be the first to admit that I have broken both these rules and neither are easy to stick to unless you remove emotion from your decision making process;
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- do many of you average down on stocks ?
do many of you average down on stocks ?, page-35
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