Should I "Average Down" on a Losing Stock?
We buy a stock at $30, and it falls to, say $22. So buying even more should be a no-brainer, right? Not so fast.
With the stock market beginning to weaken in recent days, the question of "averaging down" is something many of you are asking about.
I know the situation. We buy a stock at $30, and it falls to, say $22. If it was a good buy at the higher price, it should be a great buy at the lower price. So buying even more should be a no-brainer, right?
Not so fast.
As my new video explains - as a trading strategy in a falling market - "averaging down" on a losing stock is a bad habit every trader needs to break:
![](https://www.goodbuyreport.com/content/images/2022/01/Portfolio-Update-Jan.-17--2022--2-.png)
Best of goodBUYs,
Jeff Yastine
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