Woi, too much blood on streets today ! KENRE, EQT, SCOM

Well said @Streetwise.

Couldn't agree more !

If you sell you will loose .add more to reduce you avarage buying price . If you bought equity at 52 and now it's 40 and you choose to add more then the total BP will be(40+52 =92 then 93/2= 46) 46 which will be lower than the 52 you bought. I learnt from veterans like boris, vvs, Pesanane and the rest. You don't sell during bear instead you load but you sell more during bullish and buy less because price are overpriced . ...I stand to be corrected

@dpmungai your best strategy as aptly advised by @enyands and @kahuna is to average down. Use this strategy if you have more money to put in. Do not be in a hurry to buy. Right now the market is still sliding so wait for the market to bottom out. Then start buying when it starts to climb again. Example Equity @52, if you put in an equal sum as your initial equity purchase and buy at 33, your average price will be around 42.50.

Your second best strategy is to sell and re enter at a lower price. You should only use this strategy if you have no more money to put in. Again, wait for the market to bottom before re-entering. This strategy is dependent on your exit price being higher than your re-entry price. Example exit Equity at 39, use exit funds to re-enter at 33, you break even at around 43.40

Your third best strategy is to hold. Be prepared to wait a really long time. You should use this strategy if you have a long term horizon. Break even at 52.

Your last and least useful strategy is to sell and walk away never to come back. Needless to say you will have lost money and will not recover it. This is not recommended.

I know the advice was already laid out by @enyands and @kahuna, I just wanted to rank them in order and use examples as a guide. The examples are just based on the share price and do not factor in the fees/commissions but the point is they provide a mathematical guide to ranking the various strategies.

@vvs You would have made a poor tearcher! thanks God you aren't a teacher. Just like diff students are at diff levels of learning, stock investors are at diff levels...Explain to each according to their level...the lower levels need arm holding for guidance. Give explanations and relevant examples just like @sniper did..You aren't at per with him/her.