[graphene]

Sell in May and Go Away??

http://www.usatoday.com/money/perfi/columnist/krantz/2011-05-17-sell-in-may-and-go-away_n.htm

http://www.fool.com/investing/general/2012/04/30/should-you-sell-in-may-read-this-first.aspx

http://blogs.reuters.com/reuters-money/2011/04/27/sell-in-may-and-go-away-stock-strategists-not-so-sure/

unless there is a big fundamental force that could cause a sudden crash, like ginyera tayo ng china, hehehe, or nagdefault ang PIIGS, or end of the world, there won't be a big slide down, not to mention a sudden one.

usually in forex, a movement like an uptrend or downtrend or even a sideways trend would last 6 months before a new direction happens again. seems that this is true for the stock market as well. this is technically speaking.

now as we have been going up steeply for months, sakto halos 6 months, kahit di pa 6 months e it's no wonder why the market would correct soon. but good thing about it, before a new direction sets in, there might be a consolidation phase. meaning we might range between 5300 to 5000 before it goes up again to reach new all-time high. but definitely a correction is imminent. doesn't mean though we stop trading. just have to pick the right one. and be lucky.  

[cutechay]

oo, konti lang matututunan mo, at magiging dependent ka pa.

IMHO, para sa mga baguhan, ok lang yung buy&sell recommendation, pero sana wag sila makuntento sa ganun lang, kasi basically sunud sunuran lang sila sa recommendations d ba. kung pwede iwasan yung ganyan, head straight sa pag-aaral/independent study/research, kasi yun ang the best, in general.

ok rin may mentor. kaso, d mo alam kung magiging angkop ba sa trading personality nyo yung ituturo nya.
& to be honest, bihira lang ang worthy na maging mentor ng trading/stocks, lalo na dito satin. mas maganda kayo na maging mentor ng mga sarili nyo.

I agree with you sir. Its better na tayo maging mentor sa sarili natin baka hindi nga angkop yung trading personality ng isat-isa. Ganun din yung sinabi ko sa kanya tas sinabi ko dn na kaya hindi ako pumasok sa mutual funds dahil hawak ng isang fund manager ang capital na ipapasok ko. hindi kasi ako kontento sa ganun eh.

[mikoangelo]

When is the best time to sell a stock?

http://business.inquirer.net/58129/when-is-the-best-time-to-sell-a-stock

If your stock is doing well and there is a strong uptrend momentum, you may consider selling a portion of your stocks. For example, you can lock in your profits by selling one-third of your holdings as stock price rises. Do not attempt to sell all your shares at the top because you may never catch it. You can unload your stocks slowly each time at higher price level until you have completely sold out your holdings. Why do we do this? As stock price goes up, the probability of it declining also increases. You do not want to chase selling down your stocks when stock price is falling sharply. By that time, you may already be in panic and selling on fear. Sell while it feels good. Maximize your selling price by getting the highest average instead of catching it at the top.

[mikoangelo]

Are you a stock investor or trader?

http://businessmirror.com.ph/home/opinion/22453-are-you-a-stock-investor-or-trader

[mikoangelo]

The Best Excerpts from One Good Trade

http://www.smbtraining.com/blog/the-best-excerpts-from-one-good-trade

[neresh]

hi everyone! I'm a newbie and I really appreciate any help. i just started my EIP and I just want to learn more about stock investment. do u have any recommendations as to what books to read?
Post Merge: May 28, 2012, 07:19 PM

hello dm.. i suggest you try to look at the chart of the stocks.. try to look 1 year chart, then zoom it out to 2 years, then 5 then all years.. it's a good start..

try reading ebooks for long term investment as well.. miko can help you with that he has truckload of ebooks he can share with you hehehe 

try to check vicces also he has plenty of ebooks as well..

I tried to look at the chart of PSE but within 2 years lang po ung nakita ko. how and where can i find a 5 year results? thanks ng marami.

[neat_chic]

hi everyone! I'm a newbie and I really appreciate any help. i just started my EIP and I just want to learn more about stock investment. do u have any recommendations as to what books to read?

according to the pros: G&D's Intelligent Investor, Reminiscences of a Stock Operator by Edwin Lefevre, Extraordinary Popular Delusions and the Madness of Crowds, refer to their posts here: http://www.pinoymoneytalk.com/forum/index.php?topic=40284.0

[neresh]

thank you neat 

[neat_chic]

 

[mikoangelo]

Trading Rules: Strategies For Success by William F. Eng.

1. Divide your trading capital into ten equal risk segments

2. Use a two-step order process

3. Don't overtrade

4. Never let a profit turn into a loss

5. Trade with the trend

6. If you don't know what's going on, don't do anything

7. Tips don't make you any money...TIps are for waiters

8. Use the right order to get into the markets

9. Don't be whimsical about closing out your trades

10. Withdraw a portion of your profits

12. Don't average your losses

13. Take big profits and small losses

14. Go for the long pull as an outside speculator

15. Sell shorts as often as you go long

16. Don't buy something because it is low priced

17. Pyramid correctly, if at all

18. Decrease your trading after a series of successes

19. Don't formulate new opinions during market hours

21. Don't watch or trade too many markets at once

22. Buy the rumor, sell the fact

23. Take windfall profits when you get them

24. Keep charts current

25. Preserve your capital

26. Nothing new ever occurs in the markets

27. Money cannot be made every day from the markets

28. Back your opinions with cash when they are confirmed by market action

29. Markets are never wrong, opinions often are

30. A good trade is profitable right from the start

31. As long as a market is acting right, don't rush to take profits

32. Never permit speculative ventures to turn into investments

33. Don't try to predetermine your profits

34. Never buy a stock because it has a big decline from its previous high, nor sell a stock because it is high priced

35. Become a buyer as soon as a stock makes new highs after a normal reaction

36. The human side of every person is the greatest enemy to successful trading

37. Ban wishful thinking in the markets

38. Big movements take time to develop

39. Don't be too curious about the reasons behind the moves

40. Look for reasonable profits

41. If you can't make money trading the leading issues, you aren't going to make it trading the overall markets

42. Leaders of today may not be the leaders of tomorrow

43. Trade the active stocks and futures

44. Avoid discretionary accounts and partnership trading accounts

45. Bear markets have no supports and bull markets have no resistance

46. The smarter you are, the longer it takes

47. It is harder to get out of a trade than to get into one

48. Don't talk about what you're doing in the markets

49. When time is up, markets must reverse

50. Control what you can, manage what you cannot

[xyphrus]

Mga sir, ask ko lang po kung anu at kung para saan yung Preferred Shares? And may pros and cons po ba kung bibili nito?

Kanina kase nag-email sakin ang COL, at sabi entitled daw ako to subscribe shares of ALI, Pref Stocks daw. Eto rin ba yung tinatawag nilang Stock Rights? TIA..

[mikoangelo]

para may idea ka regarding preferred shares...

fgen recently lang sila nag offer...

http://www.pinoymoneytalk.com/fgens-7-808-preferred-shares/

and this one...

http://www.pinoymoneytalk.com/forum/index.php?topic=40174.0

iba po yan sa stock rights offering....

[blew_crush]

 

Thanks po sa mga post ninyo. Nakakadagdag sa confidence bilang newbie. 

Magsisimula na din po ako this week mag-EIP. Pero gusto ko din sana maglaro pa din sa stock market.

At sa mga nabasa ko sa mga post ninyo, mukhang makakabuti po yata sa akin na huwag maging attached pala sa pera kung sisimulan ko na siya pero laging nakatutok pala sa advfn.

Salamat po sa mga pag-share ng mga natutunan ninyo. Encouraging to learn balance. 

[xyphrus]

Thanks Sir Miko..

[vicces]

SIMPLE TRADING TECHNIQUES AND GUIDELINES
http://www.ficiency.com/trading/simpleguidelines.html


THINGS TO CONSIDER AND GUIDELINES TO PONDER:

    1. Charts don’t lie.
    a. Charts are the footprints of money.
    b. We follow charts to our highest probability.
    c. We use charts to give us the “house edge”.

    2. Three emotions move the market.
    a. Greed
    b. Fear
    c. Uncertainty

    3. Uncertain trades and set-ups.
    a. When in doubt, get out.
    b. You can always get back in.
    c. Clearing the slate (selling out) also clears the mind.
    d. There are times when the market rewards the cowards.
    e. A 5% loss on a stock that drops 20% is a win, not a loss.
    f. A good defense is at times the best offense.
    g. Stepping aside guarantees that you live to play another day.

    4. The Gambler.
    a. The desire for the big score is one of the signs of a truly novice trader.
    b. Trading is a life long process.
    c. Each trade should be looked at as one tiny trade in a lifetime of trades.
    d. If you gamble enough times then be advised that the house always wins.

    5. Stock price directions.
    a. Up.
    b. Down.
    c. Sideways.
    d. What does each direction indicate in the market?

    6. Truth.
    a. Stocks rise and fall based on beliefs, not facts.
    b. Buy the rumor, sell the news.
    c. The truth doesn’t matter on Wall Street.
    d. We trade people, not stocks.
    e. Fortune waits for its captor in the shadows of uncertainty.

    7. Signs that we are being contaminated by our prior losses (emotions) are:
    a. Chronic hesitation (which is really the hidden desire for certainty).
    b. Fear of pulling the trigger (which is the desire for certainty, again).
    c. Grabbing at profits too quickly or early.
    d. Failure to take a loss (stop).

    8. Thinking.
    a. Too much is not good.
    b. Be a doer who doesn’t have to think about doing.
    c. Discipline becomes actions, which becomes instinct.

    9. Imagination.
    a. If you have one, it could be a problem.
    b. Imagination is the element that deals in the world of nonfacts.
    c. Stay rooted in what is real, actual, and factual.

    10. Fear.
    a. Fear is the bane of intelligent action.
    b. It cripples the mind and judgement process.
    c. It erodes the intuitive faculties that we need to develop.
    d. Fear is poison.

    11. Greed.
    a. Bulls and Bears make money, but Pigs make none.
    b. Home run hitters should be left in baseball.

    12. Information.
    a. In some cases, the less the better; stick to your rules.
    b. Too much info helps stimulate the imagination.
    c. Opinions start to form.

    13. Expectations.
    a. Too many expectations are sure signs of an unseasoned novice.
    b. Overzealousness needs to be identified.
    c. Keep goals reasonable and attainable. Be short term with goals and revise.

    14. Excessive Analysis.
    a. Too much analysis will prevent action and increase uncertainty.
    b. If it falls into our plan and meets the criteria then JUST DO IT!!

    15. Hope.
    a. Hope is a dangerous thing.
    b. Hope promotes inaction precisely when action is required.
    c. Hope keeps you holding on to a loser.
    d. Sell hope, but don’t buy it!!

    16. Be Humble.
    a. When you are humble you are ready to learn.
    b. When you learn you are able to practice effectively.
    c. When you practice effectively you can implement successfully.
    d. When you implement successfully you can bask in your own glory…only to remember that humility is where you began.

    17. Teach, Teach, Teach!
    a. When you get home, teach your wife, girlfriend, brother, neighbor…
    b. When you teach you learn more!
    c. Teaching is practicing!!