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What do friends think about this below? This is debatable. Are you talking about $APPL? Or a small stock? You don't want to throw good money after a bad trade. It can easily go even further down.

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Chris B

@ChrisB0950

May 11

Replying to @MasterBJones

True but definitely smart to buy back and bring cost average down

10:11 PM · May 11, 2022Twitter Web App

Replying to

It depends on if you’re trading stocks or investing for the future. It’s okay to add to a position if you plan on investing in it for decades... not so if you’re trading a stock short term

Replying to

and

Agreed. If you're planning on holding long term, it's a nice time to average down especially if you're fairly new in it. I've been holding my AAPL since I think 2015ish? My CB is about $23/sh after all those years of averaging down and with splits...

@rauItrades

May 11

Replying to

@MasterBJones

Small stock absolutely not. If I don't get in dirt cheap and anticipate the proper computer execution I will exit the trade because I know the market makers DO NOT care about my position. The major market, I have pt limit stop bc I know price action is far more trend-oriented.