How does DCA work in practice?
Dollar-cost averaging is all about hedging your bets: it restricts your potential upside in an effort to mitigate possible losses. Serving as a potentially safer choice for investors, it works to reduce your chances of taking serious hits to your portfolio caused by short-term price volatility.
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Disclaimer:
This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to the past performance of an investment does not necessarily guarantee future performance. FxYogi including its analysts shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video.