Georgia Bard's Corner Message Board

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To: Ga Bard who wrote (2814)	5/27/1998 9:45:00 PM
From: Playin my Cards	Read Replies (2) of 9440

Found this comment in InfoBeat Email... Since so many people say to "average down" on dips, thought it would be an interesting topic to talk about... Trading Tips Presented by: SURETRADE.COM ** Average Up, Not Down Trading or investing is about playing the probabilities. Let's assume you spot an attractive investment and place a large order. If you are wrong in your analysis, the results could be disastrous. However, if you instead place a small order and you are wrong, you minimized your risk. If you placed the small order and are correct in your analysis, then add to your position. Professional investors average up; amateurs average down. Mike

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