2 min read · Habits
Averaging down: feeding a loser.
Adding to a red position lowers your average and raises your risk. In memecoins it mostly makes a small loss a big one.
What it looks like
You buy, it drops 25%, you buy more 'at a discount'. Then it drops again.
The rest of this lesson is part of Pro
Free opens three starter lessons. Pro opens all 12, each with its rule and a challenge to practise it.
Unlock with ProAbout behaviour and process, not about what to buy. Nothing here is financial advice.
Next lessonPosition sizing: conviction isn't a model.