Followers | 216 |
Posts | 32534 |
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Alias Born | 09/10/2000 |
Tuesday, March 09, 2021 5:16:17 AM
Two stocks I just averaged all the way down into trips...are now in pennies. So thousands have turned into ten thousands...you milage may vary. Doesn't happen all the time.
This could run again. And averaging down gets you out with a profit at a much lower price. I buy on the way down not on the way up which drives some traders who think you buy strength not weakness crazy...don't always get it right but more often than not buying the down side of the parabola allows you to get out on the upside more easily. Buy when they are selling and sell when they are buying...
You did notice I'm grandfathered here, right?
Thanks for the trader 101 info tho...I'm a little past it...lol...
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