I used to think averaging is for losers indeed and was not open to the idea it could be successful - however, later i realized, this would come from trading on smaller tf's/scalping and was not considered a part of my strategy.
I think everyone can agree that averaging in can be part of a (n investment) strategy / risk management / money management. It can be a part of your (strategy) puzzle. So indeed - if im convinced I bought something at the right price and it goes lower - why not buy it again on the "bargain" price if your (strategy) view remains the same.
Correct me if im wrong, but it seems normal to do this in the equity markets if you bought stock from a certain company and you still have a strong believe the buy was correct.
I think everyone can agree that averaging in can be part of a (n investment) strategy / risk management / money management. It can be a part of your (strategy) puzzle. So indeed - if im convinced I bought something at the right price and it goes lower - why not buy it again on the "bargain" price if your (strategy) view remains the same.
Correct me if im wrong, but it seems normal to do this in the equity markets if you bought stock from a certain company and you still have a strong believe the buy was correct.