DCA into losers: a strategy or a coping mechanism?

Dollar-cost averaging into a losing position lowers the average entry and widens the exposure. Defenders call it a strategy for mean reversion; critics call it averaging down with better branding. The difference is entirely in the pre-planning.

Where do you stand?

• whether you DCA and under what rules
• how the maths changed your risk per trade
• the experience that formed your view

The position sizing guide shows what DCA does to total exposure.