One of the golden rules of trading and investment is to never average down, despite the fact that logically this should lower your average purchase price thereby enabling you to break-even much sooner. As I see it, the problems with "averaging down" are twofold:
1) If you're not careful, averaging down on your falling stock positions can attract all of the cash away from your profitable
Thursday, 16 August 2012
An Example of How to Average Down (Safely)
Posted on 08:30 by Unknown
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