Hahaha.......that's a quote I have heard from soooo many victims of scammy pump and dumps like Mexus. As if "knowing how to trade" is all you need to know to protect yourself from lying CEO's, insider traders, and scummy promoters.
So tell me, is averaging down one of the tools that "smart" traders use? It's not just a way that traders use to make themselves feel slightly less stupid? Sounds better to tell yourself you are only down 85% than down 97%?
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