When should you average up and when should you average down? What governs your decision to do that? Any sifu to share?
For me, I really don't know so would seek any advice givers out there.
Thanks.
Average Up or Average Down?
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Jan 15 2010, 04:15 PM, updated 16y ago
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#1
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Senior Member
1,954 posts Joined: May 2008 From: Penang |
Ok...thought I put a new topic here.
When should you average up and when should you average down? What governs your decision to do that? Any sifu to share? For me, I really don't know so would seek any advice givers out there. Thanks. |
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Jan 15 2010, 04:31 PM
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2,711 posts Joined: Sep 2005 |
QUOTE(VyvernS @ Jan 15 2010, 04:15 PM) Ok...thought I put a new topic here. average down if you believe in the company's fundamentals or future growth potential.When should you average up and when should you average down? What governs your decision to do that? Any sifu to share? For me, I really don't know so would seek any advice givers out there. Thanks. if average up, my only advise is just don't jump in based on herd mentality... but i'm not sifu... |
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Jan 15 2010, 06:21 PM
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327 posts Joined: Apr 2009 |
Regardless of average up or down, I only buy when I believe the share price is undervalued.
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