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Re: TexasMarvL post# 3293

Saturday, 04/02/2022 10:18:28 AM

Saturday, April 02, 2022 10:18:28 AM

Post# of 5335
It has been clearly, and adequately proven over time when one is in the position of being in the red of AXIM stock specifically, using stop losses is a far better way to manage the AXIM investment than averaging down. Years of experience has shown it is a far better to accept what the market is telling one on AXIM than what some may believe to be true, or be feasible based on nothing more than optimistic speculation, or putting a sheen on a rusty razor blade. Once the uptrend on AXIM has been established (saying it is does not make it so) that would be the time to begin averaging down; but starting from a new entry at a lower price is far better than adding to the risk on a losing investment. Sleep comes easier as well.
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  • 1Y
  • 5Y
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