RE:RE:i also averaged up today. many investors like to average Dang, it looks like I really misread that signal.
Is this all due to the US market sentiment? Shuld I say global?
Was hoping we'd be a bit of an outlier.
ranman wrote: Yes you are are correct. Invest with the trend.
Sometime I will average down...... when there is blood in the streets you can sometimes get a good deal.
However sometimes that strategy fails and you're catching a falling knife and can get hurt.
mingzhu wrote: down. They do not know that actually, average-up is much better stratege than average down, especially when sp breaks out to new high. average-down meams you think you are smarter than market. average-up means the opposite: market is smarter than you.