My approach is slightly different. I will average down four or five times, in increasingly large amounts, and then, when the stock keeps dropping, get worried and sell it all to avoid even further losses.
Big chuckle. I assume (hope) you were being humorous.
John
mauser:
I don’t have any confirmation bias - I know TSLA is going to $2,000 and SCTY is going to $500, and it doesn’t matter how much positive stuff you post about them, I don’t think they are going any higher.
John 
I assume (hope) you were being humorous.
Of course. One cannot be a curmudgeon all the time, and in all places!
LTC