First, I think I’m using the correct phrasing in the title? Please, correct me if I am wrong.
I am trying to figure out how much I would need to invest in order to cost average down to a break even point and exit my positions.
Here is one of my positions in TSLA as an example. My average price is $308.47 and 24.3519 shares. Last price was roughly $123.88.
I haven’t been able to find a calculator or anything in order to accurately find how much I need to invest in order to exit a position at a break even price or if it’s even possible.
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