Home Forums Members Forum Could you let us know about averaging down opportunities, please, Sean Reply To: Could you let us know about averaging down opportunities, please, Sean

Sean HymanSean Hyman
Keymaster
Post count: 4536

It is not easier, Alice.

An email alert may or may not make it to you in a timely fashion. There’s hiccups in technology all the time. From day one of the recommendation, you have all 3 prices (the original buy price and both averaging downs). You can buy the stock and immediately afterward put in your 2 averaging downs and you’re done (for the length of your limit order). That is as simple as it gets. Plus, nothing is missed by me or you and the market doesn’t have to be watched by you in order for your order to get filled. I assure you what I’m telling you is accurate.

Limit orders are super easy and your broker will be happy to walk you through how to do a buy limit order good-til-canceled. If they’re not, it’s a sign you need a new broker. Ameritrade or Schwab are happy to do that.