09-09-2014, 03:38 PM
(08-09-2014, 07:21 PM)wahkao Wrote: that is average down
Yes, you are right. A friend who trades buy a stock that has drop 10%. And he told me its call averaging down. But for me, when a stock drop 10%, its just present me an opportunity to buy more. The stock has gotten "cheaper" and a much bigger Margin of Safety. For me, there must be a reason for me to buy.