Amusement World
OP
bullrider_21
:
That's why I always go in by small batches after huge drop. If the fundamental is good, it will eventually come back. Must have the faith and patience. Anyway, I just relieve 30%, still have 70% stuck at average $3.1+
Amusement World OP : Averaging down
bullrider_21 Amusement World OP : Averaging down is not a good strategy for stocks that keep dropping
Amusement World OP bullrider_21 : You're right. I'm going in by small batches, but that is enough to kill me if it goes all the way down lol...
bullrider_21 Amusement World OP : that's almost the same as averaging down except quantity is smaller
Amusement World OP bullrider_21 : That small little technique make a huge impact
Amusement World OP bullrider_21 : See how it works now? All bought between 2.73-2.76 yesterday was sold at 2.88![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
bullrider_21 Amusement World OP : You are lucky there is a rebound
Amusement World OP bullrider_21 : That's why I always go in by small batches after huge drop. If the fundamental is good, it will eventually come back. Must have the faith and patience. Anyway, I just relieve 30%, still have 70% stuck at average $3.1+![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Amusement World OP bullrider_21 : Now you know the power of averaging down![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)