LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (5669)	1/7/1999 9:21:00 PM
From: dealmakr	Read Replies (1) of 43080

Jay, If the market proves your trade correct and your direction, averaging up can be a valuable way IMHO to make additional gains. Averaging down I have found to be a good way to keep money dead for a while. It all depends on the stock and if you average down it usually will be for investment purposes as compared to trading. If I am averaging up, my sell price can differ for each buyin as a profit level or trading objective is met. Both plays have their own benefits and risks. Just my .02 Good Trading Dave

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