$Futu Holdings Ltd (FUTU.US)$ oh no, all the gains were WIPE...
$Futu Holdings Ltd(FUTU.US$ oh no, all the gains were WIPED OUT. DOWNTREND CONTINUES
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Money--Max : mine at 90.. patiently wait it climb back
doctorpot1 Money--Max: have you considered dollar cost averaging it?
Bull Run : I would have made it a long time ago if I could read it so well! If you say it, you can't do it for nothing.
Money--Max doctorpot1: keep down.. don't know when to average down
beedeebee Money--Max: I'm at 100, waiting to average.
doctorpot1 Money--Max: if you really have faith in this company that it will overcome all the regulations issue then you can set a budget and time. e.g. every month 400 or every 2 month 800. then just average it during the said time frame.
now your cost is 90, if you buy now at 37 your new average cost is 63.5 (assuming you buy equal amount of stock). easier to breakeven compared to 90. but of course more capital at risk la.