Most penny stock investors make the trading mistake of averaging down. That means they invest even more money into the shares they have previously purchased, which are declining to lower levels.
A superior strategy is to average up. This means you invest more into the shares which are on the rise. You liked the company, the shares started climbing, and now you know that your instincts were right. By putting more money into that investment, you are doubling down on a great company, which is moving in the right direction, and generating profits for you.
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