Fair enough but I’m just wondering why it’s 2 cents, I’m up with the best picking dogs and happily admit I get smoked more often than I have a win, but run a tight stop,but when I get a runner will keep averaging up and take profits from my original purchase as it rises. Averaging down simply doesn’t work and anyone who tells you otherwise is just being a tricker. It depends a lot though if you actually trade with cash or you just paper trade like FXM. At 4.10 every afternoon he must be left with 3 stocks on his desk and a wheelie bin of scrunched up paper.
If what you’re saying is true and you have averaged down from 13 cents to 3.9 cents you have added a lot, and you still need it to double to get your capital back. It now makes more sense why you pump it so hard. For your sake I hope it does double and you get your money back.
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Fair enough but I’m just wondering why it’s 2 cents, I’m up with...
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