"I fail to see the difference between buying dips and averaging down"
I thought I made that clear. The first is when you are ahead, and buying more (if you mean that downtrend, then you can be guided by a channel, in which a stock travels, for example). This is not a new phrase. I didn't make it up. It's older than Methuselah.
The second is when you are underwater, bleeding badly (or at least in excess of the risk / reward expectation) and compound your loss by buying more of a falling stock.
I think it's a very clear difference.
RYG Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
