Thank you @TraderGT @Sector and @minoil
I normally don't average down(may be 1 out of 50 trades)
I do it only when i am very confident(especially when I am very bullish about a junior resource stock).
Recently I accumulated RLC and CGM when price dropped below my buy price.
I've see many of the experts here averaging down often...makes me think.
When it comes to stop loss I am still not happy with the way I am trading ATM.
For instance if I had a stop loss for DTZ and CYP I could've bought back at a much better price.
But again... buying a junior miner in the right commodity around CR price/LT support with some sort of catalyst to look forward gives confidence to buy more when price drops.
May be it depends on our area of expertise.
((eg)..stricter rules when trading a business that is new to the market or a concept that it difficult to understand or if there is no peers to compare to, etc)
Thanks for the insights. Will read again and try to incorporate the ideas to my trading plan.
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