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i am more of  an 'average down' fan  and 20 (plus ) % down , i consider if i should buy more


 but then i am chasing div. income ( for the future ) so most shares held  are liable not to go broke ( famous last words )


 BUT it all depends on the company , direction and management  , i have made some very quick exits at times ( crystallizing  losses or profits as the case maybe )


 i am more interested in income than capital gains


 take MQG in 2011  as an example , i bought down from  $31.93  to $20  , now yes i made a newbie error , but it was i was buying a set number of shares  each time NOT $ value  on the way down ( 7 buys in 2011 )


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