Posted by bursatrader2018 > 2019-06-25 14:56 | Report Abuse

maybe can use some time to study what are the features of a waterfall stock like TM, that makes it stands out among waterfalls, such that it had much better probability of quickly rebound n worth putting money in.
That is value-add, not the dollar-averaging which is only practical for units trusts, etc.
Surely, cannot blindly dollar-average on any stk one fancy.

Posted by bursatrader2018 > 2019-06-26 20:18 | Report Abuse

Understanding Dollar Cost Averaging (Investopedia)

DCA is a practice wherein an investor allocates a set amount of money at regular intervals, usually shorter than a year (monthly or quarterly). DCA is generally used for more volatile investments such as stocks or mutual funds, rather than for bonds or CDs, for example. In a broader sense, DCA can include automatic deductions from your paycheck that go into a retirement plan. For the purposes of this article, however, we will focus on the first type of DCA.

ok, your strategy is not DCA, which buy at fixed regular intervals,with fixed amt.

Posted by bursatrader2018 > 2019-06-26 20:28 | Report Abuse

Your TM eg is investing by looking at the rear mirror,hahaha.
What happen if TM crashed to rm2.2 and stayed there for 1-2 yr in rm2-rm2.90 range ? So many scenarios....