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IAMLEGEND

12/30/11 10:34 AM

#166956 RE: beach_trades #166951

No need to avg down when you know charts..IMO

matt24d

12/30/11 10:35 AM

#166957 RE: beach_trades #166951

I have done very well over the years averaging down. Hell I just did it with TAT. I bought some at 1.25 and then doubled down at 1.07 and so far its looking great.

picheljitsu

12/30/11 10:38 AM

#166961 RE: beach_trades #166951

That only applies if you're a day trader. If you swing trade on fundamentals, averaging down isn't a horrible idea. So long as you have an exit plan....