Aug 21 2009, 11:57 AM
QUOTE(dannyooi_84 @ Aug 21 2009, 10:49 AM)
It is possible to be buying on the bear side.??
When it goes up everybody is earning like crazy. So when it goes down everybody is going bankrupt!
I learned in the forex you can be on the bull or the bear side. Is it applicable in stock market?
Sorry for my noobiness!
Yes, you can. When it goes up everybody is earning like crazy. So when it goes down everybody is going bankrupt!
I learned in the forex you can be on the bull or the bear side. Is it applicable in stock market?Sorry for my noobiness!
You need to learn how to calculate the Intrinsic Value for the stock first. When the share price drop below the Intrinsic Value, that is when it is a good buy. When you buy below the Intrinsic Value, you're buying within the Margin of Safety.
"Your profit is made when you buy, not when you sell" by Robert Kiyosaki
This post has been edited by DanielW: Aug 21 2009, 12:02 PM
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