Foreign exchange manager strategy:Cost averaging bottom and top
The textbook says: Averaging costs is strictly prohibited. But it is not necessary to avoid average cost in any trading environment. The average cost of historical lows and historical tops in long-term foreign exchange investment is correct, not wrong. Instead, it is a rare opportunity to make big money. At this time, we still insist on not requiring average cost. The concept is rigid and lacks knowledge, and you will lose the scarce opportunity to build a position!
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