The success or failure of averaging depends IMHO on ones time frame, patience and understanding of the fundamentals affecting the investment.

    My nat gas plays are swing or long term altough I've been spooked to sell a few times to my regret.

    For day trades or scalp plays, averaging down is dangerous if the play is not going as expected.

     

    Palladin, you have good sense

    Posted by hs1935 on 19th of Aug 2010 at 12:23 pm

    Palladin, you have good sense of humor.....and I hope you make a ton of money on your NG trade (and that you don't have to use any other protruberance than your nose! LOL).

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