Replies to post #20836 on lowtrade

[lowtrade]

Your trying to get me to trade for you. I try not to do that. It's not my money and I'm NOT always correct.

But I will give you some suggestions. Right now the play doesn't present itself like it will breakout any day, any longer. So as I suggested TUES. I would jump back to my original trading plan.

That is; buy at 3rd price & volume surge (which was .0006) and hold for next double.

If you can get your holdings there, without owning more stock then you want, then go for it. But I do NOT personally recommend ever averaging down on any trade. I feel that's just throughing good money after bad.

Especially with a swing trade. I might think about the double down move, if I was holding a position trade and thought there was a buying opp lower. But only because of the buying opp and company DD I did, to take the 3 to 6 month position I held, hadn't changed.

This one is a stinking PINK. Good money after bad every time.