imo averaging down is not a good stratigy:
once a share breeches it's 30 day moving average, i'm usually out, until imo the share hits rock bottom:
for example, i've done that with ags, ccu, ivr and pen over the last five years and now i'm free carried, where my net entry cost is nil.
imo i will be able to continue to do that will most small cap biotech, silver and uranium shares, over the next three years.
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