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is dollar cost averaging advisable when trading?

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@paul_petit - 1 month ago - Forex Trading Strategies

Just watched a video where a trader said he dollar cost averages meaning he buys as the price is going down, but how risky is this kind of strategy? By the way, he was trading USD/CAD

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@kemi_allen_omevia - 1 month ago

Some people do it but it is too high risk for me, its like adding to losing positions

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@emma_durban - 1 month ago
Quoted - kemi_allen_omevia

Some people do it but it is too high risk for me, its like adding to losing positions

It can blow your account if a sudden news report comes out

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@jay_malema - 1 month ago

DCA is an investong technique its not for trading espexially day trading

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