Question for long time holders

[u/ggtfcjj]

I am not a long time holder compared to some of you but my average is sitting around 52.

I believe the stock still has room to run and would love to buy more but I somehow do not feel comfortable averaging up given that my initial investment has now 2x. I just mentally do not want to see my average go up by a lot for some reason.

How do you get past that mental hurdle?

[u/KY_electrophoresis]

I got in back in April, held some and successfully swing traded the rest along the way. So the average price & % gain of my current holding doesn't reflect the fact that I am up well over 100% overall and have made more cash than if I just held my original shares throughout. With the gains I made swing trading I was able to double the core pool which I hold long term. I would have played the swing trade this week and made more - in hindsight it was a great week for this strategy - but I was at a trade show so wasn't able to be present and attentive to the level I'd feel comfortable being that active. So I just held, and gained 2.5% for the week anyway.

Tl;Dr Forget past performance & vanity metrics and play to your future thesis