Monday, August 22, 2016

‪‎How‬ to cut loss in Stock Market Trading?

This was posted in FB by Boy Chamba. Unfortunately, I can't find his account already. I am just re-sharing for it might help.

When you buy a stock, then later on, sold it, there's commission charges.
Over-all for a filled transaction of buy-sell, the total charges is 1.09% of your capital +/- gains.
For you to be able to sell at profit, you must earn more than 1.09%.

By the way,
Cut Loss --> is the closest friend of your capital, protector of your capital and the savior of your capital. Wag nyong ituring ang cutloss na kaaway nyo.
Alam mo na mali ang pasok mo, ano ang gagawin mo? --> Cut it! Wala dapat emotion at doubleminded sa pag cut.
Pero pano ba i-set ang cut loss?
Without hesitation, place a stop loss at 2% + 1.09% = 3.09%.
So, roughly 3.5% to 4% dapat ang cut loss percentage level mo... When you see, that you are at 3% paper loss, monitor the price action whether the price will go up or will go down.
If you see it's going down... sell that stock... pikit mata at walang emotion, hit that sell button. pag umakyat after you sell. it's ok, you need to develop your instinct over time in the market... but stick to the plan first.
You have to rate your winning trade if you follow this discipline.
Winning trades:
-nag cut ka less than 4% loss --> win yan
-di ka pa nag-cut more than 4% loss --> lose yan
-syempre pag gain ka then sold it --> win yan
Continue doing this, and you will be amazed how you will perform trading stocks.
Starting now, log all your winning and losing trades. Put the price and write your reason, why did you buy or sell that stock. It's either technical reasons or fundamental reasons or fb posts or friends reco or guru's premium subscription. Whatever the reasons... you have to have one.

Sunday, July 17, 2016

After work, is what determines your future!

Spend one hour per day doing these 5 things and your life will change forever!

You finish work at 6 pm, go to bed at 12 midnight.

Within these six hours, how do you spend them?

Watching TV?

In fact, the activities you do between 6 am and 12 midnight,

the importance of it is beyond your imagination.

Too many people believe that,

your career is determined by the 8 hours of hard work and effort you put at work,

and your future and career progression depend on the boss and the company.

But the reality is that for most people, this thing, you are on your own…..

Read on…

“Cultivation”, it’s forever dependent by yourself.

If you found yourself not progressing in life,

you cannot blame and put the responsibility on your company for not grooming you.


1. What you do every night is important

My major in college was marketing, but I expect to become a designer.
So I practiced day and night,

picking up some freelance work to improve my design skills.

It took me a long time.

When I became a boss, I no longer need to involve myself in design work,

So I went back to the Marketing field.

Every day, when my children are sleeping,

I began learning to gain more knowledge, this again took me a long time,

But I begin to realise my returns.

If I rely on my working hours to gain skills,

then I will never have become a creative director and a product manager,

or like today, teaching MBA students on Marketing.

What I rely on, is myself giving myself “lessons”.

And the most successful people I knew, walked the same path as I am.

I have a friend who is a History graduate,

but he is interested in technical sales,

In the day, he does telemarketing, at night he learns how to code,

Finally, he became the vice president of sales in a startup company.

Now, he’s a CTO.

I have another friend, he received a degree in political science.

But he’s very interested in entrepreneurship.

he learnt a lot of knowledge on how to start up a company,

eventually, he founded a company and sold it,

Now he has reaped the rewards.

For them, what they do between 6 pm till 12 midnight,

is what determined their future.

Clearly, we need to balance life and work.

If you have a wife and children, every night, you have to stay with them.

Even if you are single, you also need a reasonable allocation of time to go to the gym, to meet with
friends, or be alone to meditate and so on.

Of course, watching movies, playing games is good.

But there are things you do not need to do.

For example, watching the new season of a Netflix drama,

14 hours per week watching television (This is the average amount of time watching television).

The time spent playing the game Candy Crush.

Or spending time stalking your high school alumni on Facebook,

it does not seem to be good.

So what should you do?


2. Read more, anything will do!

My college mentor was born in Alabama,

A poor African family.

He was admitted to West Point Military Academy, and he became the first person in the family to go college.

Before going to Havard for his MBA, he’s a trained officer.

When I met him, he has already developed his career in the city of Colorado Springs.

I asked him, what’s his biggest success?

He replied, because he kept the habit of reading,

and he never stopped.

He believed that if you want to get what you want in life,

knowledge is the key.

He often asked his interviewees what book are they reading now,

the excellent ones can give an answer immediately.

Reading can give you a good headstart,

this is often what your peers cannot obtain.

Compared to others,

you are more likely to know other industries strategies and tactics,

and that may be helpful to your company.

You can transfer your knowledge within the organization,

create new possibilities for your company.

Moreover, your conversation topics will become more interesting.

Anthony Robbins said:

“If you spend one hour a day to learn about a topic,

a year later, in this regard,

the knowledge you gain will be more than 99.999% of the world’s people.”

Even if you have 30 minutes every night,

each week you can easily read a book.

You may not be an expert, but I promise,

you’ll know more than what your peers know.


3. Do some projects

You can apply the knowledge learnt to real work scenario,

this is only an ideal state.

If your company did not give you this opportunity,

create opportunities for yourself.

You can do some volunteer projects. They can bring you fame.

Working with a team,

you’ll understand how things work.

In the practical application of the industry,

and how it ultimately affect actual customers.

You’ll learn how to perform the task and meet deadlines,

and get feedbacks on what you are doing,

and benefit from it.

When you are not strong enough, these experience may not have any value to you.

But you are still a novice.

these experiences are far more valuable than the miserable pay you are getting.

If you can really convince others of your pockets of fruits of labour,

Then go try it. But do not let these private jobs affect your work.


4. Actively build your connections

In your career path,

a strong network of connections will make everything accelerate.

If you have not set up your own personal connections,

you’ll need to divide a portion of your time to do this.

A strong network of relationships, can enable you:

contact smart friends, and learn their opinions

get information and knowledge that are difficult to obtain

help the company look for more potential partners

or income generating opportunities

Go get to know your work colleague or boss…..


If you are an entrepreneur,

your network connections will be your early customers,

your staffs are a source of capital

rather than go home, or going to a bar,

you should find some inner circles.

There are many small groups which are highly relevant to your career.

You should try to integrate into these circles.

Every week, you can drink coffee together with new friends,

go drinking or have breakfast.


You can also look into everyone’s career developments on LinkedIn.

And establish a network with mentors in those professional industries.

They may be your next job employer, who knows?

Your connections will be your most powerful asset in the workplace.

Since you have time to watch “The Voice of China”,

you have time to build a social network.

5. The CHANGE of your LIFE starts TONIGHT

6 pm to 12 am, you go home, though physically and mentally tired,

you are free to do anything and do not have to take orders from others.

During this time,

you can switch off like switching off your computer at your workplace, switch off your brain.

But you can also do something,

make you smarter, stronger, have a wider network of people.

From the start tonight, take an hour a day to do these things,

I guarantee that after a year, 


your career, and life will change.

Saturday, July 2, 2016

Trading Strategies : COL Financial - Mr. Juanis Barredo

This is COL Financial Mr. Juanis Barredo on trading strategies. When I started investing, I followed there so called peso cost averaging method which I discarded when I am trying to learned stock trading strategies. But it is still a worth understanding the basic strategies as sometimes it is effective.




Good Luck!

Saturday, June 18, 2016

Why The Best Traders Cut Losses

Just Resharing! Best Read of the Day!

Who likes taking losses? 

No one does.

 Ironic as it seems, but the BEST TRADERS out there all have this one thing in common.

They all know how to cut their losses. 

What?....

You gotta be kidding me.

How can they be the BEST if they take LOSSES?

I'll tell you why.

Saturday, April 23, 2016

10 Truths Every Newbie Stock Trader Should Know

In my 8 years of trading in the Philippine stock market, I've learned a lot from online resources (articles, books, market reports from brokers, etc.)  and stock trading forums. I also had a lot of realizations when it comes to stock trading. In this article, I will be listing some of those lessons and realizations for newbie traders, as well as for those planning to enter the stock market.

1. Stock trading is simple, but it's not easy
It may appear that stock trading is simple: buy low, sell high, right? 

The truth is, earning from the stock market is not easy. You can study all you want before plunging into the market and still find yourself in a string of losing trades. Even buying a fundamentally good stock doesn't guarantee a gain.

There are just so many factors that affect the market. Aside from political and economic issues in and out of the country, you also have to look at  personal issues that can make you lose money: fear, greed, hope, ignorance, dependence on others, and dependence on luck.

You need time and experience to be a consistently profitable trader. Sometimes, you can be lucky. But if you want to stay long in the market, you must not rely on luck alone.

Study, plan your trading strategy, check the results, then re-assess your strategy. These are the things that you need to do in order to improve your trading skills and know which strategy works for you.

5 Things I Did to Recover from the 2008 Global Financial Crisis

I began trading stocks in April 2007 after attending a basic stock market seminar from Philstocks (an online stock broker). I then joined stock trading forums such as Finance Manila and Trader's Pizza. In just a few months, with the help of tips, rumors, and a little bit of luck, my portfolio immediately grew by 30%. I felt good. I felt that earning from the stock market was easy. I felt I was good. It even came to a point when I was already contemplating on setting up a fund where my sister and her officemates can invest their money (in return, I'll have a cut on the profit).

Then came the subprime mortgage crisis in the second half of 2007, which lead to the US recession, and eventually, the global financial crisis of 2008. Add to that the Manila Peninsula siege in November 2007 that caused a massive selldown in the PSE. I suddenly found myself staring at a 50% drop in my portfolio. I was humbled by Mr. Market, slapping my face with a six-digit loss. I didn't know how to react,ang bilis ng mga pangyayariParang isang bangungot. Nakakapanghinayang. Should I sell and swallow the losses or should I just hold? I didn't know what to do.

In 2010, I was finally able to recoup my losses and started earning again. It took me quite some time to recover, but I'm glad that I'm still in the market up to now. I had better luck compared to others who simply quitted and vanished from the stock trading forums. 

I would like to share the 5 things that helped my stock trading portfolio recover from the global financial crisis. May it be a lesson to newbie traders, help them prepare mentally and emotionally, for the next bear market cycle.

Wednesday, April 20, 2016

Favorite Stock Market Movies

eiii... the PSE stock market has been bloody red for three days already. During this period, watching the PSE market is boring but of course good chance to enter for a reversal play. But maybe it would still go down so sometimes, it's best to relax at let them take profit. We just review charts when the dust settle down.

Watching movies are best past time for me. Below are some good movies about stocks that I watched.

1. The Pursuit of Happyness (2006)


Starring Will Smith and his real-life son, Jaden Smith. This movie is based on the story of Chris Gardner and the trials and tribulations that he endured on his way towards becoming a multi-millionaire. "The Pursuit of Happyness" focuses on the period of Gardner's life when he was attempting to become a top trainee in Dean Witter Reynolds' stock brokerage training program. Gardner and his son were homeless at the time, as the money that Gardner received through the stock brokerage training program wasn't enough for them to live on. Gardner and his son moved from homeless shelter to homeless shelter, all while Gardner was attempting to gain employment at Dean Witter Reynolds. A truly inspiring story.

Saturday, April 16, 2016

SWAG simplified by Investagrams.com's - "Investa Screener"

Below is a sample video on how to use Investa Screener to filter possible SWAG Plays.


Good Luck!


Investa Screener by Investagrams

Previously, I am using Investagrams.com as charting support only.

But lately, Investagrams.com launch this Investa Screener which makes it easier to find stocks per your requirements for FREE!

I use again my troll account to log in and wallah, I can use their system for free and unnoticed lol.

Check there you tube videos below:

This is Investagrams.com procedure on how to access the service for free.

Basic Lesson 11: Brief Summary of Technical Analysis

Technical Analysis would be the part in the stock market that could be challenging to anyone. I started learning from reading materials and watching videos available online hence my studies was messed up as I am not sure where to start. Unknowingly, my determination to learn this aspect is paying off as I am able to interconnect the dots I have learned about stock market.

Here we go, my understanding about Technical Analysis in Stock Market.

Do you know the future of stock market? Of course no! There is no one that could 100% surely tell what will happen tomorrow. Only God knows the future.

So technical analysis is created to try predict the future price movement of stocks. So if someone will tell you that they can surely make you money in stock market then better get away from that person. He is trying to get your money and trying to scam you. No one knows the future! Do you?

Technical Analysis Summary of Basic Techniques:

Developing a Trader's State of Mind - Rande Howell

Just Re-sharing:

Webinar originally presented on October 6, 2011


Learn to build a Peak Performance mind for trading by developing a mindset that is rooted in discipline, patience, courage, and impartiality. Break through your fears in trading and use Trader Psychology to develop your Traders State of Mind.


Without internal discipline, traders lose long before they are actively trading despite a proven methodology. They bring a fear based mindset into their trading day and that contaminates their ability to trade from a disciplined and impartial state of mind.

Thursday, April 14, 2016

Trader’s health by Sam Jacobs of Alertel trading signals systems

The market is an emotion less brute and it goes on forever nonstop, but not you, not your body and mind. Your health is your greatest asset, trust me when you are young you may think this may not be applicable to you but eventually it does. I speak from my own life experience. All those sleepless nights and junk food plus energy drinks plus alcohol took a toll on my health as trader and as a family man. I had to pay with all that I had.
I don’t want this to happen to you young folks.
By maintaining better physical and mental well-being, traders can consistently create a positive and productive work environment.
I am a victim of bad trades, judgments and brokers. I am Sam Jacobs soon my time on this blue planet will be over. Why am I saying this?
Just like many I wanted to be a millionaire in few days by trading in stock and Currency markets. Little did I know what was in store for me! I can see myself back then, an over ambitious geeky retarded looking man who beamed with pride when he got his first account opened with a so called reputed and trustworthy broker. I am going to be a millionaire.
I used to flip through the financial times while drinking my first coffee of the day and as soon as I put the newspaper down I used to feel like the wizard of the Wall Street.
It did not take too long for the wizard to burn his fingers. I burnt it pretty well but my pride did push my egoistic nature to its limits. I was not ready to change. I was under the impression that I was right the whole time and it was the market which went wrong due to various reasons. I was just passing the buck. So on with my blame games. Little did I ponder into my own mind to find whether I was all right or was I doing the right thing nor I was ready to accept my mistakes, especially my health.

Tuesday, April 12, 2016

FOUR TYPES OF STOCK TRADING PLAY

This was shared in Facebook - Traders Empire Group. Worth noting.

1. Breakout Trades

When experiencing extended range consolidation, it is best to begin
considering playing for a Breakout in hopes of a new, sustained breakout
move. Recall that other traders will be attempting to “fade” the breakout
and if price continues, they will be forced out by their stop-losses.
Stops are placed conservatively just below the breakout zone or
aggressively below the area of most recent consolidation.
2. Retracement Trades
Retracements often have the highest probability of success when properly
identified (in a trending environment). Core trading strategies can be
utilized as well as swing trading strategies which seek to capture the
“sweet spots” or a simple 'leg' of price movement (these can be the
distance from a support zone to the most recent swing-high price). Stops
are placed conservatively below the support zone or aggressively below the
most recent swing low.

Automatic Analysis of EMA (13) x MA (20) Crossover using Investa Screener by Investagrams.com

With SWAG becoming popular, investagrams.com was able to provide Investa Screener as a support. Below is the video about how to use the Investa Screener.

In this video we discuss how the EMA 13 x MA 20 crossover system works, and how it can help us with trading. We also have included a new feature where you can ANTICIPATE the "cross" signal to be able to see these trades earlier.


You can now see which stocks pass through the EMA 13 x MA 20 strategy with just a few clicks using Investa Screener™

To gain access to Investa Screener just follow this 3 simple steps:

1) register an account in www.investagrams.com (if you already have one proceed to the next step)

2) Go to this FB link: https://www.facebook.com/Investagrams...

3) Share the video in your wall, and write how the Investa Screener Can help you. Include your investagrams.com username in the post together with the hashtag; #InvestaScreener (Make sure the post is in PUBLIC privacy)

Here is the video 


Good Luck!

Friday, April 8, 2016

MOVING AVERAGE By Guillen Rocher

When I was a new trader I never imagined na matututo ako ng Technical Analysis. Kapag nababasa ko pa lang yung mga technical terms at traders lengua nila gulong-gulo ako. Sabi ko sa sarili ko "Parang imposible"....😢


There is no impossible..


Minsan nagpost ako sa investing group (my first post) asking for help, I said....

" Sana po may magturo ng Technical Analysis dito, yung madali lang po sana maintindihan"..

Thursday, April 7, 2016

Zeus' Strike And The Alignment Of The Stars



I had my fair share of profitable adventures with my linemen when
 dealing with 3rd or 2nd Liners. And I think it's about time I wrote
 and shared it to you guys.


Let's start it off with 

"The Zeus' Strike!"
The only lightning strike you'll be wanting to catch.



Now whenever my linemen, the moving averages, like the 20MA or the 50MA go below prices, 
I noticed that most of the time, a short term rally happens.

Wednesday, April 6, 2016

How to combine the right indicators and avoid wrong signals

When it comes to indicators, there are three classes: momentum indicators, trend-following indicators and volatility indicators. Knowing which one belongs to which category, and how to combine them in a meaningful way can help you make much better trading decisions. On the other hand, combining indicators in a wrong way can lead to a lot of confusion, wrong price interpretation and, subsequently, to wrong trading decisions. 

Indicator redundancy – seeing the same things on different indicators

Indicator redundancy means that a trader uses multiple indicators which show the same information; indicator redundancy exists if a trader chooses two or more indicators from the same category.
The screenshot below shows a chart with 3 momentum indicators (MACD, RSI and the Stochastic). Essentially, all 3 indicators provide the same information because they examine momentum in price behavior; you can see that all indicators rise and fall simultaneously, flip together and also are flat during no-momentum periods (red boxes).
momentum_sameThe next screenshot shows a chart with 2 trend indicators (the ADX and the Bollinger Bands). Again, the purpose of both indicators is the same – identifying trend strength. You can see that during a trend, the Bollinger Bands move down and price moves close to the outer Bands. At the same time, the ADX is high and rising. During a range, the Bollinger Bands narrow and move sideways and price just hovers around the center. The ADX is flat or going down during ranges.

Day Trading Breakouts – 4 Simple Trading Strategies

Are you a day trader? If yes, then you will definitely find this article helpful as you begin to navigate the world of day breakouts. Today we are going to discuss 4 strategies for how to trade intraday breakouts.  Before we jump into the meat of the article, let’s first align on the definition of breakouts and some of their key characteristics.

What are Breakouts?

A breakout occurs when price clears a critical level on your chart.
These levels could be a trend line, support, resistance, or a key Fibonacci level. Remember, levels on your chart are psychological and represent the sentiments of day traders at a respective price level.
When you think of day trading breakouts, what comes to mind?  Stocks making daily highs, two-day highs, weekly highs, all-time highs?  As you see, breakout means a lot of things to a lot of people. So, why do so many people lose money day trading breakouts? Why are traders constantly buying stocks when they hit intraday highs, only to have them rollover within minutes. How many times have you shorted a stock on a breakdown through a critical support level, go get coffee, come back and see the stock has bounced and you just bought a five-thousand dollar no foam, soy latte? Well, in this article I will give you the "secret" that so many breakout day trading professionals use everyday to take themselves from ordinary to extraordinary.

Biggest Misconception about Day Trading Breakouts

If I buy a breakout or sell a breakdown, I will make money, right?  If you believe this statement, immediately contact your broker, withdraw your funds and put them in a savings account.  If you follow this system, you will lose money.  Often times professional floor traders and the like will wait for stocks to break new lows, look for large buy orders in the tape and then start scooping up every share in sight. This will leave you the novice trader, looking at your screen scratching your head. Asking yourself the question, how did this happen? My technical indicators were in alignment. The stock has been below its simple moving average the last 10 bars. The last 15 bars have been down, now when I put on my short position, the stock has the bounce of its life. If you are ready to end your streak of tough trading days, continue reading.

Sunday, April 3, 2016

Technical Analysis Course Videos

Just Re-Sharing:

The benefit of technology is that you can find free training such as this. For those interested in learning by listening and watching then this would be best for you. A full set Technical Analysis course videos for free.

1. Technical Analysis Course - Module 1: Technical Analysis and the Dow Theory

Saturday, April 2, 2016

Basic Lesson 10: COL Financial "Charting"

This is just an overview on how the COL Financial "Charting" looks like. This is actually a continuation of Basic Lesson 4 as this is a part of quotes tab.

Okay here we go.
- Click quotes then "charting"
- It will open a whole tab exclusive for charting only (Just like the mutual fund tab).

We will break up the overview from A, B, C & D.



- (A-Orange dotted box) Once you click the tab, it will provide you all the stock code and company name of all traded companies in PSE. You can either type the stock code or select from the list.
- (A-Green dotted box) This option will enable you to analyze the stock movement in daily, weekly, monthly and or intraday movement of 1 min to 60 minutes.
- (A-Blue dotted box) This option enables you to view the charting outlook in monthly, six months  and etc.

- (B-Orange dotted box) As the box implies (Compare), you can input another stock code so you can compare on whatever stocks you selected in Overview (A-Orange dotted box).
- (B-Green dotted box) Chart provides you the option on which charting platform you want. I suggest candle stick because I don't know the others LOL.
- (B-Blue dotted box) Studies compiles maybe all or majority of available charting techniques available. I am only know some of these studies such as moving averages, volume analyis, MACD, RSI, Stochastics, MFI, Bollinger Bank, Ichimoku and Parabolic SAR. I learned everything from surfing the internet only. You can just go to my Technical Analysis Page if you want to learn some of the basic technical studies about stock market. Or I suggest you go at these following websites as I learn from them the most:
- (B-Violet dotted line) Once you click this icon, you can see that you can download the basic user manual. It is just an overview also. This is the link to the COL User Guide PDF Copy - Click Here.

- Once you click "select tool", you will be provided with some of the charting tools that can maybe support you in making your charting analysis beautiful hehe. You can draw your charting what ever you wanted such us putting line, cirle, rectangle, annotation, callout, doodle (free form) and etc. I think Fibonacci is one of the most important tool on this option. See all my copied notes about Fibonacci in the Technical Analysis Page


- Lastly is watch list which by title itself tells you what it is. Just click watch list and the "My List with Add (Plus) Icon would appear. Once you click it, "Watch List Name" a somewhat separate tab would appear. Here you can name what ever watch list name you would like to name it. And now below it, you can list all the stocks you want to save. You just have to type the Stock Code then space before writing another stock code. In my sample, I put BPI then space PLDT. Your "Watch List Name" would appear below the My List. You can edit it and you can delete it afterwards.

Okay, I think that is the overview of COL Financial.

Good Luck!

Monday, March 28, 2016

SWAG Trading System By Jared Odulio

I watch this video yesterday "The SWAG Trading System" and worth noting.

His technique is just a combination of four indicator.
1. Parabolic SAR - This is to spot the trend (If down trend or up trend)
2. EMA 13 - Trigger (Buy if EMA 13 is about to cross SMA 20 "from under")
3. SMA 20 - Base (Sell if EMA 13 is about to Cross SMA 20 "from above")
4. MFI (Money Flow Index) - To spot where the money is flowing (If the money is flowing out "downward" or flowing in "upward"). The indicators also include determining if the stock is oversold or overbought.

Below is the replay of his video on Soul of the Market Easter Sunday Special.

Plus500

Update: 02 April 2016





Good Luck!

What Is Your Personality as a Trader? Check below website

Somebody posted this website wherein after answering the posted queries an assessment would be given as to your personality as a trader.

Anyway, it says that I am a Planning Trader


Wanna check yours? Try this site too. Just for fun.

Money Flow Index (MFI)

Introduction

The Money Flow Index (MFI) is an oscillator that uses both price and volume to measure buying and selling pressure. Created by Gene Quong and Avrum Soudack, MFI is also known as volume-weighted RSI. MFI starts with the typical price for each period. Money flow is positive when the typical price rises (buying pressure) and negative when the typical price declines (selling pressure). A ratio of positive and negative money flow is then plugged into an RSI formula to create an oscillator that moves between zero and one hundred. As a momentum oscillator tied to volume, the Money Flow Index (MFI) is best suited to identify reversals and price extremes with a variety of signals.

Calculation

There are a several steps involved in the Money Flow Index calculation. The example below is based on a 14-period Money Flow Index, which is the default setting in SharpCharts and the setting recommended by the creators.

Friday, March 25, 2016

Patient Investors Can Reap Big Profits By Finding The Saucer Base

While a good cup with handle takes at least seven weeks to form, a saucer pattern built by a superb stock can take shape over several months or a year or more (Rob Schreckhise/Shutterstock)

Too Much Hype Can Kill You: Idea on How to Consider a Trade

Here we go, another reading about stock hype. Just re-sharing in my blog.

Whenever we go to groceries to buy pork, fish, vegetable or canned goods. We always do meticulous check whether it’s in pristine quality or not. When we go shopping may it be new for a new shoes, shirt, bag or gadgets. We make sure that it’s in 100% mint condition, no dents, no defects whatsoever. But, why is it that when we buy a stock. We just buy what we we’re told to without even raising a question.
This story goes to all who doesn’t know what their doing here in the Market.
xVyoSl

Thursday, March 24, 2016

Victims of Hype in Philippine Stock Market

This was shared in Facebook and seems to be worth noting. Apparently, I am myself attest that there are a lot of hypers in all social media such as Facebook, Twitter, Instagram and etc. It's hard to filter who is saying correct or not but what I can say is educate yourself so that there is no need to be swayed by some Experts kuno. Be the master itself and stop being a newbie.

VICTIMS OF HYPE
By: The Responsible Trader
Part 1: Intro
                Most of the time, we have been approached to help traders whose trading accounts are either  “IPIT” (trading account caught in a bad position) or “SUNOG” (trading account burned) saying that they got into the situation because they are VOH – Victims of Hype.  We would like to state that we are not purporting ourselves to be trading doctors who hold the panacea for all trading ills.  We try our best to share knowledge and information to help traders but we definitely cannot save a dying trading account.

                An ounce of prevention is better than a pound of cure.  To avoid getting burned, we offer the following advice.

                Your first Buy into any stock, either blue chip or speculative should be a test buy, never an “ALL IN”, whether you generated the trading idea on your own or it was given to you by a guru. Much more so if you got the advice from a guru.  The most irresponsible advice I have seen from a  guru is to go ALL IN (unless your guru tells you he has reliable inside information).

                Why do a test buy?  You never can tell whether the position you are taking is going to be a “Good Buy” or a “Good-Bye.”

                What do we consider as a “Good Buy?”  If  your test buy moves in your favor by 3% to 5% within 5 days,  then you may consider adding in tranches.  What do we consider as “Good Bye?” If your test buy moves against you by 2%  within the same time frame you can say “Good Bye”, cut your losses and limit it to just perhaps your “burger meal” budget.

Good Investing Goes Beyond the Stock Market

When people talk about investing, they almost always talk about the stock market. Heck, if you check out my archives here at The Simple Dollar, you’ll find they’re almost exclusively articles about how to get better at investing in the stock market.
And that’s great. The stock market is a fantastic way to build wealth and it should be a part of just about everyone’s long-term financial plan.
But it’s not the only option. There are other ways to invest that are not only less risky, but can offer a bigger return. Here are four of them.

1. Invest in Yourself