funky,
it is sound advice to not *always* average down, but somewhat of a stretch to then claim to *never* do it or they will be wiped out.
for example... sure, you can say with 100% confidence that if someone always averages down, they will, one day, be wiped out.
However, if someone only ever averages down on 1 stock... but does not always do it... it is highly unlikely they will be wiped out completly.
I can double down on blackjack for an evening of fun... that does not mean I do it every night, nor that I will automatically be doomed because I did it once.
I think you need to ensure your advice matches your analytics.
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