01-18-2016, 06:37 AM
Holysh1t!
The whole (negative) sentiments are overflowing within the market. Especially the oil price that are in downtrend.
Today, again, is another "correction" for Indonesia's market.
[attachment=226]
Well if we see stock optimistically then downtrend is the right time to buy. As Warren Buffet says "Be greedy when others are fearful."
When the market is going down, majority of people will be psychologically disturbed and sell their stock. Hence the "panic selling."
When panic selling happen the stock prices are lower than the stock's value. For example the stock true value is $10/share, but because of high supply of selling the price will be lowered. Around $7-$8/share.
Anyway, tomorrow I (might) buy more stocks. Doing average down.
Either way, time to sleep.
The whole (negative) sentiments are overflowing within the market. Especially the oil price that are in downtrend.
Today, again, is another "correction" for Indonesia's market.
[attachment=226]
Well if we see stock optimistically then downtrend is the right time to buy. As Warren Buffet says "Be greedy when others are fearful."
When the market is going down, majority of people will be psychologically disturbed and sell their stock. Hence the "panic selling."
When panic selling happen the stock prices are lower than the stock's value. For example the stock true value is $10/share, but because of high supply of selling the price will be lowered. Around $7-$8/share.
Anyway, tomorrow I (might) buy more stocks. Doing average down.
Either way, time to sleep.