How to Average Down and Also Get a Full Allocation, from Andrew Goodwin
How does one average down in prices paid for an asset one thinks will appreciate while knowing that the asset may turn upwards before one has met one's targeted optimal allocation in the asset? How does one prevent the adverse event to a speculator of only partially filling the trades that go on to create gains if one insists on scaling down in prices and has a maximum exposure target in this asset?
A commenter comments:
Then of course, there's the time-in-trade/turnover factor, yes?