RE: 160!23 Feb 2024 18:11
If you sell, and buy back your average goes down, but the provider of stocks just cut your losses, they look at it like you took your loss on those stocks and keep the average the same, it doesn't mean that when you reach your average that you got all your money back, you still can have a great loss.... it shows green on your broker page, but if you count all the money that you put in, it will not be the same like the amount of stocks on the average.
Short said, bought a company at 16 they dropped till 5,7 got average down at 6.8, i only had all money back when the stock reached 8.6 when my average showed 6.8.....