Read? Average Down or Pyramid Up?
Like it or not. Investing in the stock market is still a Game of Strategy. The ones who have better strategies that are closer to their heart will be most likely to reach their Investing Goals.
Winning the Loser's Game
When the stock market provides you the opportunity to average down; it is telling you that you are on a losing game. What is your strategy in this game plan by Average Down? Are you are trying to Win the Loser's Game?
Winning the Winner's Game
You spotted the opportunity in the market to win it bigger. You pyramid it up and raise the average cost in a winning game. When you are trying to win in the Winner's Game you will have margin of safety to exit when the market has proven you wrong. You may finally choose to leave the game with no loss or some profit.
There is No absolutely right or wrong but Only belief or bias. So what did you believe or bias?
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