Averaging dollars doesn't work all the times .
The rule of thumb is to average up ....... and not average down .
The world of war stocks/indexes is a effect of fear and greed .
What makes stock comes up is greed(bull) ..... what goes down is due to fear(bear).
Take a simple view . bull market last for 3-4 years while bear market last for 6-9 months .
Use near basic Fibonacci ratios to sell out and buy in . sell almost all positions after hit 80-85% of high
and buy back averaging up when recovering to the above near last bear low (15%-20%)
Its an assumption of what had happened . Do not fully believe ..... I am in china index ..... currently 20% of my prudential trading capital !
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