
No, I don't think you should Buy.
RafflesEdu is still in the down trend.
Now after it crosses below $0.50, every price drop is a significant loss.
Frankly, I don't think you or anyone should Buy RafflesEdu and there is no reason to Buy.
You can find other better counters to play.
brunica ( Date: 22-Jun-2011 22:53) Posted:
|
There's really no harm in buying now...
    After all, it has already dropped
        quite substantially from the high.
                But one must be prepared for it to
                      go down if it goes down.
                            But if it goes up, you will " tan tio" ...

brunica ( Date: 22-Jun-2011 22:53) Posted:
|
well i feel now it s good time to come in, i have been watching this counter for very long and never dare to come in..
so now i believe it s a good time..
yes there is down trend but there is up trend too.. now it s also market condition with greece , europe and usa..
iPunter ( Date: 22-Jun-2011 17:41) Posted:
|
Exactly.
  In stocks play, the most important priority is
      to protect one's trading capital from being lost.
          as it is very easy to lose money in the market...

the stubbornness to protect one's capital should overwhelm the confidence of trading.. (afterall no everyone can be always right in trading)
iPunter ( Date: 22-Jun-2011 21:45) Posted:
|
Of course,  a stock player must need to have confidence in himself to execute any trade and decisive in action execution of order....Of course, contentious confidence and also over confidence are no good....
Quote " Thus, decisiveness of action, rather than confidence per se, is the requirement..."  
one will think that  decisive action come from one's  confidence per se,  isn't it ???? confidence is not the requirement ???
iPunter ( Date: 22-Jun-2011 21:45) Posted:
|
Of course, needless to say, a stock player must need
  to have confidence in himself to execute any trade.
    But to have a contentious confidence in the market's
            direction is a different matter. It amounts to stubbornness.
                    To play the market, a studied assumption as to the trend
                        direction is the first decision. Upon execution of a position,
                              one must then act decisively as dictated by the market's
                                      movements as it unfolds. Thus, decisiveness of action,
                                          rather than confidence per se, is the requirement... 

louis001 ( Date: 22-Jun-2011 21:33) Posted:
|
Quote " iPunter ( Date: 22-Jun-2011 12:40) Posted in this thread :
,,,,,,,, Thus it is important to play both side of the market.... " this to mean when it is downtrend, one will short, when it is uptrend, one will go long, to do that one has to have confident in  his/her judgement, or else, how do you  say 'it is important to play both sides of the market '....so it is easier to say only..... when one put in an order, all other  things being considered,,,,he/she must have certain level of confidence IN DECISION MAKING, confident to take profit, confident to cut loss, confident to stay away sideline or confident to hold, otherwise,  no confidence, nothing done... those who are wiped out from market are due to  greed, betting big, naive, ego  rash act, over-trade, poor money management etc.....all are equally bad... |
iPunter ( Date: 22-Jun-2011 17:57) Posted:
|
Whether it is confident that it will go down,
    or confident that it will go up, is equally bad.
        When playing stocks it is folly to be confident.
              That is the main reason why many market veterans
                  who are otherwise skilful in trading techniques are
                          completely wiped out... for confidence breeds
                                  a sense of invincibility...

Greenbean ( Date: 22-Jun-2011 17:51) Posted:
|
Confidence to go down some more le.  or go down more more le.
This counter confidence is to go down some le.  
iPunter ( Date: 22-Jun-2011 17:41) Posted:
|
Feeling confident is the main reason why
      many people lose a lot of money in stocks... 

brunica ( Date: 22-Jun-2011 17:30) Posted:
|
Correct , i totally agree with you..
Just buy the counter if u feel confident in it ans that s all.
alexchia01 ( Date: 22-Jun-2011 17:01) Posted:
|
Ya... There are stocks going up, stocks going down, stocks not going anywhere and stocks that are dead.
There is no such thing as a cheap stocks or expensive stocks. Cheap or expensive is just a perception what others have on the value of the stock.
You can say a $0.10 stock is cheap, but if nobody wants to Buy it, it's expensive.
iPunter ( Date: 22-Jun-2011 16:39) Posted:
|
Because in stocks, there's no such thing as " cheap"
    esp when a stock is in a downtrending mode... ... 

derekchong ( Date: 22-Jun-2011 16:31) Posted:
|
cheap go cheaper. what happen. why  ? why  ?  why ?
NO. Market still not strong. Will come down more. Especially this counter.
pharoah88 ( Date: 22-Jun-2011 15:55) Posted:
|
gOOd prIce ?
today bought another 50 los at 48 cents..
The whole market is a big " IF" ...
    Thus, it is utmostly important to
          cultivate a personal system to circumvent
                  the unpredictbale ways of the market.
                        Only in this way can one last a long time in the market...
