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$SIA (C6L.SG)$ Be decisive. If you want to buy, buy early. L...

$SIA(C6L.SG)$
Be decisive. If you want to buy, buy early. Last time, you could have bought <5.00. You want to buy now when it is 5.30+. Don't FOMO. Makes no sense.
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  • RC_92 : Put it in another way: have conviction in your own trading plans and goals. If you have a price target for SIA above 5.50-6 (be it short or long term), there’s no harm in getting in at 5.30. If you want to play short term swing trades, by all means try to catch the bottom. There is no wrong move here depending on how far you want to look ahead.

  • bullrider_21 OP RC_92 : You could still buy it for <5.00 in end Jan. Some people want to buy at that price. But when it fell below 5.10, they panicked, withdrew and queued at 4.90. But couldn't buy. Then they see the price rise, they FOMO and want to buy at 5.30. For those holding long term, you don't have to be scared at buying at 5.00.

  • RC_92 : Doesn’t help that there are always THAT FEW PEOPLE who always advocated for even lower price points when the price dipped to their previous price calls. “Wait for 5! Oh it’s 5, let’s wait for 4.9! Will drop to 4.7! Queuing at 4.5!” No idea how many new traders got misled by these people.

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