RE: Good morning all and meoryou5 Dec 2023 14:17
That's a very good point - You are correct, It's more painful for the new buyer around the last peak.
The market is very HARSH place of late, you time it wrong with all the hype when a share starts rising and it can take month's Years to get back on a even keel and in some cases never. Not the case here though i do see this doing well given time.
I myself got caught a few times in the hype with penny shares and am still sitting on losses from those trades - in some cases no amount of averaging down can ever get you money back from a bad trade - The market is not for everyone.