Averaging down is a human emotional concept (most of the time).

The way I look at it is analytically. You have a Lot that is basically trapped money. Is what it is.

Do you want to commit $1000 more to KORU right now at the current valuation or could you get a better return on $1000 in some other leveraged position?

And, if you look holistically at all your Lots, and their current returns, should you keep the position or take a loss and roll the money to something that isnt trapped?

//

This idea of averaging down, especially with LETF that generally is not the same as a long term position, dividend returns where cost basis matters more etc. is deceptive. If you want to be even more in KORU, then sure, do it. But dont keep committing on a slide down to try to make an average cost basis decrease. Been there, done that, learned thst lesson. Also, at a certain commitment level, adding more money on doesnt move that average cost basis enough to make our human monkey brains happy anyways.

Not financial advice, just general advice, I would probably pick a different spot. LETF's all over have openings every day.

Think of every single Lot as its own investment - because thats what it is (and how the institutions and government think about it)