Learn how to read the oversold pattern, and you might not have to average down. I did with the help of some stock trading lessons, and it helps me pick right when to get into stocks, and often when to get out of them as they are going into oversold status. Sometimes however, if you are in a stock for the long run, using an average down calculator to bring your average price point down can be very helpful.
Average down calculator
If you enjoyed using this free stock calculator tool then:
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Percent Gain Calculator
Calculate the percentage of increase or decrease of your stock trades.
The reason I called this tool a "Percent Gain Calculator", is because you SHOULD be making gains on your trades! If you are not, then you need help to make better stock trades. Sign up for the best stock trading tools, your very own: stock trading lessons