How i make Profit in TRUMP ?
I recently did some calculations while trading $TRUMP , and here's my experience:
🔹 First, I bought 11 TRUMP @ $28.3, costing me $311.3.
🔹 The price dropped to $26/$25, and I was in loss.
💡 What did I do?
I bought more 30 TRUMP @ $25.8, costing me $774.
👉 Here's why this worked for me:
Calculating the average cost:
Total cost of 11 TRUMP = $311.3
Total cost of 30 TRUMP = $774
Total coins = 41 TRUMP
New average cost:
$311.3 + $774 ÷ 41 = $26.47
📉 With the new average cost of $26.47, it became easier to exit the loss when the price rose again.
🎯 Lesson:
Understanding averages and dollar-cost averaging can help you turn losses into opportunities!
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