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Re: bman post# 14253

Saturday, 05/14/2016 8:37:31 PM

Saturday, May 14, 2016 8:37:31 PM

Post# of 17856
Sorry, it's a common myth you are falling for.

http://www.investors.com/how-to-invest/investors-corner/averaging-down-is-a-weak-strategy/

Your 2nd buy might be a better trade, but there is no reason to "average down" or stay in the same stock. Each trade should be made individually based on it's own merit.