The problem I see with averaging down is that I wind up with a bigger position in a stock that is loosing ground.
Whilst my analysis may be right, and the seller is wrong, it will take a very long time before I get back to a breakeven position.
I find it easier to buy into a rising stock and selling into it than trading a down trading stock.
These sellers have far more stock for sale than I am willing to buy. And they're pretty ruthless too.
The problem I see with averaging down is that I wind up with a...
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 (20min delay)
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Last
3.9¢ |
Change
-0.002(4.88%) |
Mkt cap ! $46.30M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.9¢ | $104.2K | 2.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 195000 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 485851 | 2 |
View Market Depth
| Last trade - 15.11pm 26/11/2024 (20 minute delay) ? |
| AGR (ASX) Chart |
