Originally posted by foo ling yu
There is only 2 days during any stock investment that the share price is relevant, the day you buy and the day you sell. Every other day is just a rollercoaster of negotiation between bickering would be valuers.
The difference between buying a stock with confidence and just buying on a whim relying on hope is this....
When you buy with confidence in the company and a belief in what they are doing, when the SP falls you should feel excitement. Excited that you might pick up more of this great stock at a bargain price.
If you buy on hope with poor research and a lack of confidence in the company, you will only feel fear as the SP fluctuates.
This is a very simple principle that anyone can apply to their investment strategy. Ask yourself when considering buying a stock....
Will I feel fear or excitement if the price drops?
If fear is your answer, you either haven't done enough research or you are buying the wrong stock.
Hmm, its 2019. Its not about fundamentals anymore on disallowed
If it was for the fundamentals i would have gone all in with Deutsche Bank and Commerzbank and would be rich by now.
For curiosity the Deutsche Bank, which is one of the biggest Banks in the world, is traded nowadays for only a few Euros.
It`s just that a big candle like this in red Color with a high volume is not a good sign.
I hope you guys are Right and we see a bounce back on Monday or the next coming days.
I have been waiting for months now that we move up after all those good News.
But i predicted a fall to 8 Cents and even 7 Cents a month or so ago.
So, there is no Panic for me...just impatience ;-)