
Chased a spike and bought 10 shares as 44.935. The price dropped, and I bought 10 more shares at 44.27. I then sold all 20 shares for basically break-even at 44.6433. This was a good exercise even though the profit was minimal. However, I know that this strategy to make up for a losing trade can be risky. It can very easily just double the number of losing shares if the price keeps falling.
Newsletters:Millionaire Masters Program
Broker:ETrade
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| Date | Price | |
|---|---|---|
| Entry | 12/21/2020 | 44.6025 |
| Exit | 12/21/2020 | 44.6433 |
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