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Re: Kazerone1 post# 90459

Thursday, 02/27/2014 8:41:08 AM

Thursday, February 27, 2014 8:41:08 AM

Post# of 194820
Kazerone: Averaging down means you buy a stock at let's say $10 and it then goes down to $5. You then buy more at $5 ... so it averages out at $7.50 Hope that's clear. But just to confuse you a little, the same principle applies to averaging up. You seem to be new in the market, so be careful.
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