There is nothing averaging down. Think of it this way, if you can buy a $20 dollars at $15 would you? And if you can buy a $20 for $10 would you buy again?
I just use excel and have to manually enter all the sells and buys as the trade takes place. Pain in ass but there is no other way to find out your real average price on the trade if you keep scaling in and out and still have a position
If you guys/gals didnt know, Chinese adrs listed on USA exchanges are overvalued compared to their counterparts listed on the Hong Kong exchanges. The USA ADRs trade at a higher multiple than in HK.
So what I am saying is if BABA gets delisted today, it will be worth less when it trades in...
When you have irrational upside moves in stocks that create tremendous WTF valuations, you know the top is near. And I'm referring to stocks such as:
AMC GME NEGG MOXC
U have to increase the font sizes or monitor resolution on any trading software platform if you are using 4K monitors. Otherwise the eye strain will be too great and your eyes will get fked up