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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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.30M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200000 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 435849 | 2 |
View Market Depth
| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| AGR (ASX) Chart |
Day chart unavailable
