C - Does anyone ever average down?
- Thread starter u21c3f6
- Start date
He was a child molester.
You should do exactly the opposite.
Start small, and buy retracements of a strong stock on the way up.
Never adding below the original starting price to preserve capital.
You want to buy into strength not the other way around.
As you do this adjust an emergency stop for all positions in case of a disaster.
A good example is AAPL.
Anek
Start small, and buy retracements of a strong stock on the way up.
Never adding below the original starting price to preserve capital.
You want to buy into strength not the other way around.
As you do this adjust an emergency stop for all positions in case of a disaster.
A good example is AAPL.
Anek
Sometimes I average down (or up when I'm short selling), but it's probly best that newbies don't try this because stocks can get away form you in a hurry---9 years into my trading career and some these quick moves still surprise me.
Never add to a losing position. Cut it off quick, or sweat it out long term. When you increase your time horizons, things sometimes work out but not always.
