I would trade out of the position, instead of avg down on this one. I am working to learn how to read the charts, but it is not coming really easy. I am a manufacturing engineer by trade, pretty well versed in probability and statistics, I thought it might not be very difficult to understand, but I am finding I have to really think it through.
Again, I appreciate your and the others responses to my questions. I have been trading for awhile, but just basically trying to buy stocks that have been beaten down, which seems to work pretty decent for my entry points, (probably by luck), but I am having a heck of time knowing when to sell! Then I end up on the roller coaster and not protecting my capital.
Thanks
