Read this from trader818. While I don’t agree everything here, I think the principle applies. I also want to add one thing: if average down too many times (and never make money), something (the market or the stock) must be wrong. I learned the hard lesson from Longbottom (LFT).
最近有不少朋友问我大势这么差，是不是该逃跑，或者买点put hedge上。
我的观点是，从长期投资角度讲，现在已经出现很多值得关注的股票，该做的不是逃跑 , 而是参与。
熊市里面很难赚钱，特别要防范风险，选股票时候需要注意几个问题