American Green Inc (ERBB)

[DamenD]

Averaging down is the worst thing you can do. When you average down you are in denial that the position is not working out and you still believe that it is going back up. That's a amateur technique and is proven to make a bad situation even more costly. What professionals do is set a stop loss and when you get stopped out you look for your next entry point. If you average down and the stock keeps going down now what do you do? Great you have cheaper shares... OK now what? I set my stop right below .0450. Check my post history I wrote that we were gonna touch .0450 and go up from there. Please do not average down if you want to have any kind of longevity in this game and yes i know your financial planners tells you this is the way to go and if you liked it at 100 you'll love it at 80 and so on and so forth. I worked on wall st. for a long time and let me tell you. THEY DO NOT AVERAGE DOWN>