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STOCK MARKET GUIDES FOR NEWBIES LIKE ME

mikoangelo · 737 · 203919

mikoangelo

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Time Tested Classic Trading Rules for the Modern Trader to Follow


By Linda Bradford Raschke

This is a list of classic trading rules that was given to me while on the trading floor . A senior trader collected these rules from classic trading literature throughout the twentieth century. They obviously withstand the age-old test of time.

I’m sure most everybody knows these truisms in their hearts, but this list is nicely edited and makes a good read.

1. Plan your trades. Trade your plan.
2. Keep records of your trading results.
3. Keep a positive attitude, no matter how much you lose.
4. Don’t take the market home.
5. Continually set higher trading goals.
6. Successful traders buy into bad news and sell into good news.
7. Successful traders are not afraid to buy high and sell low.
8. Successful traders have a well-scheduled planned time for studying the markets.
9. Successful traders isolate themselves from the opinions of others.
10. Continually strive for patience, perseverance, determination, and rational action.
11. Limit your losses – use stops!
12. Never cancel a stop loss order after you have placed it!
13. Place the stop at the time you make your trade.
14. Never get into the market because you are anxious because of waiting.
15. Avoid getting in or out of the market too often.
16. Losses make the trader studious – not profits. Take advantage of every loss to improve your knowledge of market action.
17. The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation for success.
18. Always discipline yourself by following a pre-determined set of rules.
19. Remember that a bear market will give back in one month what a bull market has taken three months to build.
20. Don’t ever allow a big winning trade to turn into a loser. Stop yourself out if the market moves against you 20% from your peak profit point.
21. You must have a program, you must know your program, and you must follow your program.
22. Expect and accept losses gracefully. Those who brood over losses always miss the next opportunity, which more than likely will be profitable.
23. Split your profits right down the middle and never risk more than 50% of them again in the market.
24. The key to successful trading is knowing yourself and your stress point.
25. The difference between winners and losers isn’t so much native ability as it is discipline exercised in avoiding mistakes.
26. In trading as in fencing there are the quick and the dead.
27. Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.
28. Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long.
29. Accept failure as a step towards victory.
30. Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker! Don’t let ego and greed inhibit clear thinking and hard work.
31. One cannot do anything about yesterday. When one door closes, another door opens. The greater opportunity always lies through the open door.
32. The deepest secret for the trader is to subordinate his will to the will of the market. The market is truth as it reflects all forces that bear upon it. As long as he recognizes this he is safe. When he ignores this, he is lost and doomed.
33. It’s much easier to put on a trade than to take it off.
34. If a market doesn’t do what you think it should do, get out.
35. Beware of large positions that can control your emotions. Don’t be overly aggressive with the market. Treat it gently by allowing your equity to grow steadily rather than in bursts.
36. Never add to a losing position.
37. Beware of trying to pick tops or bottoms.
38. You must believe in yourself and your judgement if you expect to make a living at this game.
39. In a narrow market there is no sense in trying to anticipate what the next big movement is going to be – up or down.
40. A loss never bothers me after I take it. I forget it overnight. But being wrong and not taking the loss – that is what does the damage to the pocket book and to the soul.
41. Never volunteer advice and never brag of your winnings.
42. Of all speculative blunders, there are few greater than selling what shows a profit and keeping what shows a loss.
43. Standing aside is a position.
44. It is better to be more interested in the market’s reaction to new information than in the piece of news itself.
45. If you don’t know who you are, the markets are an expensive place to find out.
46. In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word – Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.
47. Except in unusual circumstances, get in the habit of taking your profit too soon. Don’t torment yourself if a trade continues winning without you. Chances are it won’t continue long. If it does, console yourself by thinking of all the times when liquidating early reserved gains that you would have otherwise lost.
48. When the ship starts to sink, don’t pray – jump!
49. Lose your opinion – not your money.
50. Assimilate into your very bones a set of trading rules that works for you.


Post Merge: 1318992240
The golden rules of investing

What are the golden rules of investing? Here is a list from a site in India

The Sensex is on fire, notwithstanding Wednesday's dip. It's a bull run like no other witnessed by Indian investors. And investment gurus -- like Marc Faber -- say this bull run could last for a decade or more!

So what does the layman do in times of a roaring bull market? Are there any rules for you and me to follow while dealing in the stock market? What should you avoid doing? And, more importantly, what should you do? Here are some golden rules of investing to follow:

1. Don't be greedy: Invest smartly, with some professional help and some study on your own.

2. Avoid 'hot tips': Stay away from 'experts'. Use your own judgement.

3. Avoid trading/timing the market:

4. Avoid actions based on sentiments: Don't be emotionally attached to stocks:

5. Don't panic if the market drops: Hold onto your winners and sell your losers.

6. Stay invested, possibly continue to invest more: It is natural to book profits with the markets at higher levels.


7. Buy stocks if there is a 5-8 per cent drop in the market: In this bull market, a 5-8 per cent drop in prices offers you a good opportunity to buy scrips.

8. Avoid checking the price of stocks or mutual funds after you've sold them:



9. Avoid penny stocks:

10. Diversify: We suggest you diversify a bit, looking at stocks, mutual funds, commodities and gold. (I disagree with this one in form at least)

11. Don't commit large amounts of money: Even if you have a strong risk-bearing capacity, we suggest you do not commit large sums of money at this stage.


12. Don't trade for short-term

13. Don't expect to be a millionaire overnight. Patience pays, so be realistic. 14. Stick to the desired asset allocation: Asset allocation is the key to successful investing, say experts. Even though equities may outperform debt substantially, it will not be wise to put all your investments in equities.

14. Distinguish between stocks for keeps and trading: A variation of "never let a trade become an investment."

Buy with adequate margin of safety: That's where attractive purchase prices can help. As a matter of fact, selling stocks is no different from buying them. Keep a sufficient margin of safety when buying a stock and don't rely on making a good sale ever.

15. Sell when value is realised: If you feel that your investments are adequately valued, you should exit regardless of how long you have held them.

16. Keep a watch on relative valuations: The real cost of a stock is not the price you pay for it, but the opportunity cost of not putting your money in another one.

17. If you realise a mistake, exit immediately

18. Start investing early.

19. Try to invest in things you know.

20. Try to adopt a long-term perspective with regard to investing.

21. Know your risk: Understand the level and amount of investment you are comfortable with.

22. Play safe, invest in a mutual fund: For those who are still not sure about their research, use mutual funds.

23. Encash when stock prices dip: Reduce some exposure, lock in some profits.

24. Don't blindly follow media reports on corporate developments, as they could be misleading.

25. Don't blindly imitate investment decisions of others who may have profited from their investment decisions.

26. Don't fall prey to promises of guaranteed returns.

Note that these rules are universal, and apply anywhere in the worlkd, as they are based upon Human Nature and behavior
« Last Edit: Oct 19, 2011, 01:17 PM by mikoangelo »


journeytofinancialfreedom

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Time Tested Classic Trading Rules for the Modern Trader to Follow


By Linda Bradford Raschke

This is a list of classic trading rules that was given to me while on the trading floor . A senior trader collected these rules from classic trading literature throughout the twentieth century. They obviously withstand the age-old test of time.

I’m sure most everybody knows these truisms in their hearts, but this list is nicely edited and makes a good read.

1. Plan your trades. Trade your plan.
2. Keep records of your trading results.
3. Keep a positive attitude, no matter how much you lose.
4. Don’t take the market home.
5. Continually set higher trading goals.
6. Successful traders buy into bad news and sell into good news.
7. Successful traders are not afraid to buy high and sell low.
8. Successful traders have a well-scheduled planned time for studying the markets.
9. Successful traders isolate themselves from the opinions of others.
10. Continually strive for patience, perseverance, determination, and rational action.
11. Limit your losses – use stops!
12. Never cancel a stop loss order after you have placed it!
13. Place the stop at the time you make your trade.
14. Never get into the market because you are anxious because of waiting.
15. Avoid getting in or out of the market too often.
16. Losses make the trader studious – not profits. Take advantage of every loss to improve your knowledge of market action.
17. The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation for success.
18. Always discipline yourself by following a pre-determined set of rules.
19. Remember that a bear market will give back in one month what a bull market has taken three months to build.
20. Don’t ever allow a big winning trade to turn into a loser. Stop yourself out if the market moves against you 20% from your peak profit point.
21. You must have a program, you must know your program, and you must follow your program.
22. Expect and accept losses gracefully. Those who brood over losses always miss the next opportunity, which more than likely will be profitable.
23. Split your profits right down the middle and never risk more than 50% of them again in the market.
24. The key to successful trading is knowing yourself and your stress point.
25. The difference between winners and losers isn’t so much native ability as it is discipline exercised in avoiding mistakes.
26. In trading as in fencing there are the quick and the dead.
27. Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.
28. Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long.
29. Accept failure as a step towards victory.
30. Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker! Don’t let ego and greed inhibit clear thinking and hard work.
31. One cannot do anything about yesterday. When one door closes, another door opens. The greater opportunity always lies through the open door.
32. The deepest secret for the trader is to subordinate his will to the will of the market. The market is truth as it reflects all forces that bear upon it. As long as he recognizes this he is safe. When he ignores this, he is lost and doomed.
33. It’s much easier to put on a trade than to take it off.
34. If a market doesn’t do what you think it should do, get out.
35. Beware of large positions that can control your emotions. Don’t be overly aggressive with the market. Treat it gently by allowing your equity to grow steadily rather than in bursts.
36. Never add to a losing position.
37. Beware of trying to pick tops or bottoms.
38. You must believe in yourself and your judgement if you expect to make a living at this game.
39. In a narrow market there is no sense in trying to anticipate what the next big movement is going to be – up or down.
40. A loss never bothers me after I take it. I forget it overnight. But being wrong and not taking the loss – that is what does the damage to the pocket book and to the soul.
41. Never volunteer advice and never brag of your winnings.
42. Of all speculative blunders, there are few greater than selling what shows a profit and keeping what shows a loss.
43. Standing aside is a position.
44. It is better to be more interested in the market’s reaction to new information than in the piece of news itself.
45. If you don’t know who you are, the markets are an expensive place to find out.
46. In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word – Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.
47. Except in unusual circumstances, get in the habit of taking your profit too soon. Don’t torment yourself if a trade continues winning without you. Chances are it won’t continue long. If it does, console yourself by thinking of all the times when liquidating early reserved gains that you would have otherwise lost.
48. When the ship starts to sink, don’t pray – jump!
49. Lose your opinion – not your money.
50. Assimilate into your very bones a set of trading rules that works for you.


Post Merge: 1318992240
The golden rules of investing

What are the golden rules of investing? Here is a list from a site in India

The Sensex is on fire, notwithstanding Wednesday's dip. It's a bull run like no other witnessed by Indian investors. And investment gurus -- like Marc Faber -- say this bull run could last for a decade or more!

So what does the layman do in times of a roaring bull market? Are there any rules for you and me to follow while dealing in the stock market? What should you avoid doing? And, more importantly, what should you do? Here are some golden rules of investing to follow:

1. Don't be greedy: Invest smartly, with some professional help and some study on your own.

2. Avoid 'hot tips': Stay away from 'experts'. Use your own judgement.

3. Avoid trading/timing the market:

4. Avoid actions based on sentiments: Don't be emotionally attached to stocks:

5. Don't panic if the market drops: Hold onto your winners and sell your losers.

6. Stay invested, possibly continue to invest more: It is natural to book profits with the markets at higher levels.


7. Buy stocks if there is a 5-8 per cent drop in the market: In this bull market, a 5-8 per cent drop in prices offers you a good opportunity to buy scrips.

8. Avoid checking the price of stocks or mutual funds after you've sold them:



9. Avoid penny stocks:

10. Diversify: We suggest you diversify a bit, looking at stocks, mutual funds, commodities and gold. (I disagree with this one in form at least)

11. Don't commit large amounts of money: Even if you have a strong risk-bearing capacity, we suggest you do not commit large sums of money at this stage.


12. Don't trade for short-term

13. Don't expect to be a millionaire overnight. Patience pays, so be realistic. 14. Stick to the desired asset allocation: Asset allocation is the key to successful investing, say experts. Even though equities may outperform debt substantially, it will not be wise to put all your investments in equities.

14. Distinguish between stocks for keeps and trading: A variation of "never let a trade become an investment."

Buy with adequate margin of safety: That's where attractive purchase prices can help. As a matter of fact, selling stocks is no different from buying them. Keep a sufficient margin of safety when buying a stock and don't rely on making a good sale ever.

15. Sell when value is realised: If you feel that your investments are adequately valued, you should exit regardless of how long you have held them.

16. Keep a watch on relative valuations: The real cost of a stock is not the price you pay for it, but the opportunity cost of not putting your money in another one.

17. If you realise a mistake, exit immediately

18. Start investing early.

19. Try to invest in things you know.

20. Try to adopt a long-term perspective with regard to investing.

21. Know your risk: Understand the level and amount of investment you are comfortable with.

22. Play safe, invest in a mutual fund: For those who are still not sure about their research, use mutual funds.

23. Encash when stock prices dip: Reduce some exposure, lock in some profits.

24. Don't blindly follow media reports on corporate developments, as they could be misleading.

25. Don't blindly imitate investment decisions of others who may have profited from their investment decisions.

26. Don't fall prey to promises of guaranteed returns.

Note that these rules are universal, and apply anywhere in the worlkd, as they are based upon Human Nature and behavior
Thank you for sharing this information.
« Last Edit: Oct 19, 2011, 01:31 PM by journeytofinancialfreedom »


mikoangelo

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 :welcome:

TIPS ON HOW TO BECOME A BETTER INVESTOR
By Ron Nathan


ORIGINALLY, when I wrote this article 6 years ago, it was entitled the Ten Commandments. However, this time, there are only nine, as I decided to omit the one about adultery. When Moses went up Mount Cyanide, he came down with two heavy tablets made of stone, engraved in Hebrew. Unfortunately, I am much older than he was, so I took the cable car up Mount Mayon and instead of bringing down two large tablets, I brought down two capsules. I had them translated from Mayonaise to English and here they are.

Despite the humorous introduction, the rest of this article will completely change your investment psychology and you will be a far better investor in the future. What follows is based on 59 year’s experience in London and Manila. You can profit from my observations and mistakes. It will be particularly useful for beginners whose knowledge of investing is limited. Good luck, and if you find it useful, cut out the articles and paste them on your bedroom or office wall, in between your pin-ups of Beyonce and Jessica Alba.

1. Do not trade against the trend


You will be shocked to learn that almost 90% of investors in the Philippines, U.S., UK and Japan lose money in the stock market. This is because they ignore the first commandments and jump in only after the market has already had a big rise. Let us examine the Phisix first.

On January 9, 1997, the index stood at 3,420. Since then, it has been changed many times, with the worst performers weeded out and replaced by better companies. Despite this, the Phisix is still below the level it was 13 years ago. So, in theory, you have lost about 20 percent of your money but this does not take into account inflation, which in earlier years was very high. Adjusting for the depreciation of the peso, you have lost 40 percent. During this period, you would have received hardly any dividends whereas you could have earned 10 percent plus on bonds before. Allowing for the loss of 13 years interest, your real loss is around 60 percent.

It was the same story in Japan, where the NIKKEI plunged from, almost 40,000 down to 8,000, and is still only a fraction what it was in 1990. It would have been far better to have bought gold, property or an oil tanker. The value of super tankers had tripled.

So why invest in the stock market at all? The short and honest answer is that you should not, unless you follow the rules, which I will set out in the next few pages. The prime requirement is patience. There is no such thing as long-term investment. Ask the Japanese, whom after 20 years are still losing much of their capital.
You only BUY when the market has fallen and the technical indicators say that it is about to turn up. There are many indicators and I will deal with some in due course. Conversely, you SELL when that index has had a big rise and the indicators show that momentum is slowing down or is about to decline.

Players do not use their head, they trade on their emotions, and this is nearly always wrong. I will tell you where to get the necessary fundamental and technical data, but in the meantime, you can use a 20-day moving average of the index or any stock, which you hold. If you have a computer program, you have a big advantage over the average investor.

2. Cut your losses quickly

Years ago, before the 9/11 attack, a financial journalist wrote two books called Market Wizards, in which he interviewed about 50 fund managers who had outstanding records over a five-to-10-years period. Obviously, this could not be just attributed to luck so he interviewed them in great detail, hoping to find the connecting link. They traded commodities, currencies, options, futures and stocks.

They came in all shapes and sizes, short, tall, fat, thin, and it took him a long time to find the connection. Some were pure fundamental analysts who never looked at charts; others were technical analysts who did not know one side of a balance sheet from the other. Some studied economics and neural networks while others preferred tarot cards or feng shui. Some had master’s degrees or doctorates while others came from the street where they ran the jueteng or sold drugs. Some were extremely serious and studied DESCARTES while others made terrible puns, were covered in tattoos and wore nose rings. It took him a long time before he hit on the solution. As the first four groups were highly leveraged, about 10 to 1, they followed the principles of POP COLA.

Prolong Our Profits, Cut Our Losses Aggressively

Incredible as it may seem, although they took great care in their entry points, 63 percent of their transactions resulted in small losses. About 30 percent made small gains while the remaining seven percent scored huge gains, doubling, tripling, quadrupling or even becoming 10-baggers, because of the leverage.

So, when you get it right, let your profits run until momentum stops rising. But when you get it wrong put a stop loss below your buying price, dependent upon your risk tolerance. Sometimes, this will be a mistake but it protects you against disaster. After all, you don’t complain about paying fire insurance because your house didn’t burn down. You can afford to cut small losses. It is the big ones that ruin you.

3. Do not average down


Under normal circumstances, I am against the death penalty, but not for those who break this commandment. They should be barbecued slowly over a fire while concentrated hydrochloric acid is dropped upon them. All the people I know who went bankrupt averaged down.

One client bought 20 million shares at 54 centavos on the advice of his neighbor who was a director of the company. I was acutely unhappy because the shares had risen from their par value of 1 centavo. Not only would he not sell at 50 centavos as I suggested, but also he averaged down at 40 cents, 30 cents, 20 cents and 10 cents. He had to sell his house and his business to raise the money. Finally, the shares stabilized at 1 centavo, before going bankrupt.

If you follow the second commandment, such disasters cannot happen to you. so you will never be faced with the decision of whether to average down.

4. Do not overtrade


If you are trading every day, the only person making money is your broker. The expense involved is too high. You have to pay two commissions and a 0.5 percent sales tax. In addition, there is the difference between the bid and offer price, usually about 1 to 2 per cent. So you have to make four per cent just to break even. This is fine, so long as you BUY just as the stock is turning up, but if you deal constantly, the expense will ultimately cripple you.

That small percentage is enough to make all the incredibly costly casinos in Las Vegas profitable. They can afford to give free rooms, free food and drink, and free shows to high rollers because they know that a percentage advantage of 3.6% is enough to guarantee the house a sure profit over the long run. Trade only when the technical indicators tell you to. For the remainder of the time, do nothing. Patience is a virtue.

5. Do not trade on tips

In England, we say, “Where there’s a tip, there’s a tap.”

I am sure you all remember BW. The shares were run up deliberately by a consortium that, by tips and cross trading, created enormous volume and sent the shares from P0.40 (under a different name) to P108. Almost everyone except me got sucked in, mostly at the higher levels, and those speculators, who did not use stop losses, saw their shares go all the way down to P0.40 and below. One old lady wrote to me that her broker had recommended it at P104. Would she ever see her money back? I replied, somewhat unkindly, “Only if you believe in reincarnation.” These days, fewer people follow tips.

6. Do not chase prices

If the price runs away from you, don’t chase it. Most of the time, it will correct.

7. Be wary of inactive stocks

The documentary stamp, which made trading in shares well below their par value prohibitive, has been removed. As a result, trading has increased greatly and numerically third-liners comfortably exceed leaders.

I have a computer program that tells me when a stock increases in price by a certain percent and its volume is 50 percent above its 50-day moving average. This alerts me to inactive stocks that suddenly become active. Often, the spread between bid and offer is too great or the number of shares available is too small to be of any interest but occasionally, it throws up something interesting.

8. Buy low priced stocks

By this, I don’t mean stocks quoted at a fraction of a centavo. I mean decent stocks standing around at P1 to P5. Obviously, it is easier to double your money on a low-priced stock than on a high-priced bank or insurance company. TEL, my most successful recommendation at P226 and now over P2600, is not likely to double from this level.

The last commandments is


9. LEARN TECHNICAL ANALYSIS
If you desire to become a really competent investor, you must also learn global economics and fundamental analysis. By global, I do not mean that you have to study every country, but you must at least know what is happening in the United States. Wherever the American stock market is heading, the rest of the world will follow. After the 9/11 attack, the US market got battered for a few months and every other stock market followed the downtrend. When the US market finally got back on its feet, every other market recovered.

How do you learn about the American stock market? First, listen every night to Bloomberg, assuming that you have cable TV, and tune into CNN. List to Chairman BERNANKE when he addresses the Senate or Congress. If you cannot do this, then read his speeches in the newspaper or go to the Internet and check on CNN Money.com or Bloomberg.com and also read the commentaries. When Wall Street sneezes, the rest of the world catches pneumonia.

Basic knowledge

For the local market, the business section should give you all the necessary information. But if you want more details, to the web sites of the National Economic and Development Authority or the Philippine Stock Exchange and listen to channels which are largely devoted to the economic and political situation of the Philippines. You can also enroll in courses at universities and colleges.

Next, you should have a basic knowledge in fundamental analysis. This means that you need to know all about companies. You must know how to read a balance sheet, calculate the earnings per share and from this, the price/earnings ratio. You need to understand what a yield means, how many times a dividend is covered, and what preferred and convertible stocks are. You should know book value and understand such concepts as debt and cash flows.

You can take a course is accounting or business management, and there are plenty of books, local and imported, in all the major bookstores. Or you can subscribe to my newsletter, which contains all of the above.


If you want to buy a simple but excellent technical analysis book, try TECHNICAL ANALYSIS OF THE FUTURES MARKET by John Murphy, available at local bookstores but expensive. It was written years ago but is still considered to be a classic. Every aspect is explained simply and it can be used for trading stocks, commodities, currencies or futures. Also buy Beyond Candlesticks by Steve Nison, a must. There are many sites on the Internet, which will teach you technical analysis and provide the necessary charts and parameters. Good Luck!


« Last Edit: Oct 19, 2011, 05:20 PM by mikoangelo »


ferrariEverest

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wow, ang haba ng posts dito.
havent had a chance to read all of them.

1. Do not trade against the trend[/b][/size]
You will be shocked to learn that almost 90% of investors in the Philippines, U.S., UK and Japan lose money in the stock market. This is because they ignore the first commandments and jump in only after the market has already had a big rise...
i think most investors (& traders) arent aware of the trend &/or how to trade/invest at the 'right time'

i've been trading since 2006. so far, i havent seen 1 proof that 90% really lose. may nabasa na ko dati, pero hindi 90%.


akira0422

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wow!!!!!!  this is a great read.... today is makes this post nostalgic... since ive manage to be- from out of the blue --- na panagralan' by one of the great investor in the trading room--- and also manage to sit with a 15 year day trading veteran...... wisdom resounds...


mikoangelo

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10 Ways To Lose All The Money In Your Trading Account In 30 Days Or Less - Guaranteed!

#10 - Put all of your efforts into finding the perfect technical indicator. Once you find this magical indicator, it will be like turning on a water faucet. Go all in. The money will just flow into your account!

#9 - When your technical indicator says that the stock is oversold, BUY IT RIGHT THEN. Always do what your technical indicator says to do. It takes precedence over price action.

#8 - Make sure to visit a lot of stock trading forums and ask them for hot stock tips. Also, ask all your friends and family for stock tips. They are usually right, and acting on these tips can make you very rich.

#7 - Watch what other traders do and be sure to follow the crowd. After all, they have been trading a lot longer than you so naturally they are smarter.

#6 - Pay very close attention to the fundamentals of a company. You MUST know the P/E ratio, book value, profit margins, etc. Once you find a "good company", consider going on margin to pay for shares in their stock.

#5 - Forget about developing a trading plan. If you see a good stock just buy it. Don't worry about when your going to sell. No need to get caught up in the details. Besides, you'll probably get rich the first year of trading anyway.

#4 - Buy expensive computers and trading software. While your at it, buy a couple more TV's so that you can watch CNBC on multiple screens! You NEED all of these gadgets in order to trade stocks successfully. Then watch the money roll in!

#3 - Always follow your emotions. They are there for a reason. If you feel nervous, sell the stock! If you are excited, buy more shares. This is the best way to trade stocks and fatten up your trading account.

#2 - Don't worry about using stop loss orders. When the time comes, you will be able to sell your shares and take a loss. Your emotions won't even come into play. Besides, stop loss orders are for sissies!

#1 - Absolutely, without a doubt, FORGET about managing your money. Don't worry about how much you can lose on a trade. Only think about how much loot your gonna make. Then start planning that trip to Fiji!

Well, there you have it - my top 10 tips for new traders.

This list was easy to write.

I followed them all when I first started trading.


bauer

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TSO

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Mukhang pang trader ang mga guide, ah.

Someone post an exhaustive guide to the numerous chart patterns X3


mikoangelo

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Bossing,masyadong nakakastress mag post ng chart patterns e  :D

Post nalang ako ng links for technical analysis.


Following link is all about oscillators: (i.e. Overbought/oversold)

http://www.investopedia.com/articles/technical/070301.asp

About forex pero applicable for stocks

http://www.babypips.com/school/

Charts

http://www.chartpatterns.com/

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis

Moving Averages Give Structure
http://www.youtube.com/watch?v=6AB9HfgDwIU

Some articles

http://www.trading-naked.com/Articles_and_Reprints.htm

Stocks Basics: Introduction

http://www.investopedia.com/university/stocks/


Hanap pako ng iba 


Post Merge: 1319117602
A tale of two investing styles
Personal Finance
By Efren Ll. Cruz


There are many investing styles being practiced in the market today. In fact, some investors even buy into pooled funds based on the investing styles of their fund managers. In my readings on portfolio investments, however, two generic strategies stand out. These are the “trading strategy” and the “buy and hold strategy”.

The acknowledged guru on the trading strategy is Jessie Livermore, the world’s greatest stock trader. Livermore had three major lessons for the investor. First, an investor must look at the pivotal points in the price of a stock or any other investment security for that matter. A reversal pivotal point is when a stock’s price turns upward after falling for quite some time. That is not the price at which to buy the stock as that stock’s price may again reverse direction soon after and continue its downward trek. The price to buy the stock is at the level where there is a confirmation of the upward trend, what he calls the continuation pivotal point.

Livermore also said that time is time, money is money. An investor does not always have to be invested in the markets. If the expectation is for the market to turn sour, the investor should take his profits or cut his losses and get out. More importantly, he says that investors should start cutting losses when such losses already amount to 10 percent of his investment. Livermore says that investors should never fall in love with their investments because these don’t know how to return that love.

Lastly, Livermore said that investors should take hold of their emotions, particularly hope, greed, ignorance and fear. These emotions would only distract the investor in executing his investing strategies.

On the other hand, the acknowledged practitioner for the buy and hold strategy is no other than Warren Buffet, the world’s greatest investor. Buffet had four lessons for the investor. First, once the investor buys a security he should stop monitoring its price movements. Buffet refused to be influenced by the daily gyrations of security prices and interest rates as well as the periodic reporting of macroeconomic figures. He is able to do this because of his second lesson, which is that he buys companies that profit regardless of the economy. This basically means that he buys companies that he thinks are inflation-proof and recession-proof.

Thirdly, he buys a business and not just a stock. To Buffet, stocks are meaningless unless they are connected with the underlying business of the issuer. If the business of a company is lifeless, its stock is also worthless. More specifically, Buffet looks at how well companies practice sound business management, financial and market tenets.

Lastly, Buffet spreads his risks by diversifying his portfolio. He truly believes in the old adage of “not putting your eggs in one basket.” At the same time, he does not believe in over-diversifying.

The proof of the pudding is in the eating as they say. So what happened to the two gentlemen? Jessie Livermore started his career at the age of 14 with just $5 in his pocket. Through his mastery of trading strategies, he was able to earn a cool $1 million in one day in 1907 and another $100 million during the 1929 stock market crash. Yes, crash. He apparently saw that stocks were already too expensive in 1929. As a result, he began to sell stocks short. Other traders at that time knew that Jessie Livermore was a great trader and they followed suit. As more and more people started to sell down the markets, prices fell deeper. Eventually, Livermore was able to buy back what he sold short at bargain basement prices, which earned for him his $100 million.

After that stupendous trade, Livermore lived like a king. $100 million in 1929 was a great deal of money. He was able to buy a mansion. He had a yacht moored behind his mansion. He had a live-in barber and he had women crawling all over him. And eventually he shot himself in the head at age 62 and left just $10,000 in assets and $361,010 in liabilities. He died a poor and broken man.

Contrast that with Warren Buffet who also started his career at a young age but who is still alive and kicking at age 75. At the end of 2005, Warren Buffet’s net worth was $42 billion, only $8 billion smaller than that of Bill Gates’. Buffet earned the title of being the world’s second richest man, and all from investing.

So which is the best strategy? Many studies have shown that the trading strategy just incurs unnecessary transaction costs for a portfolio and in the long run, produces returns that are inferior to the buy and hold strategy. Much more factors will have to be considered though, including investment horizon, risk appetite, investment goals and the like. What is indeed certain is that the trading strategy brings on more risk. Just make sure you get the commensurate return for the extra risk taken.

Happy investing.

Once you have defined these facets of your trading plan, you are in an excellent position to have a strategy to control your emotions when trading. Make sure to review your plan on a regular basis to create effective trading habits
« Last Edit: Oct 20, 2011, 09:33 PM by mikoangelo »


mikoangelo

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10 Questions for Your Trading Plan


Do you have a written trading plan? Most do not. In order to manage your emotions effectively when trading, you need to create a written plan that you can review regularly to stay focused on your goal of trading success. By writing down your plan, you put yourself in the top 3% of individuals who have written goals and plans, giving you an immediate edge on most traders.

1. How you will enter trades? The key to good entries is putting on trades where there is relatively low risk compared to much higher reward. You also should write down a clear catalyst for the expected stock move.

2. How will you exit trades? You should define an initial stop point for your trade, at the point where the trend is invalidated. You will also need a 'trailing stop' technique to protect your profits.

3. What type of orders will you use to enter and exit? When entering, I like to use limit orders, good for the day only, while exits are often market orders. Why? Because limit orders allow me to define my risk and reward clearly on the entry of a trade, while when I need to get out, market orders allows immediate exit compared to the risk of missing my exit with a limit order.

4. How much capital will you need to trade successfully? There are economies of scale as you increase the amount of capital you trade with. Costs related to commissions, quote systems and equipment begin to diminish as the percentage of capital invested goes up.

5. What percentage of your capital will you invest in each trade? The amount of capital I typically use is 10% per trade in my own accounts. I know traders who commit anywhere from 5% of their account per trade to 20% of their account per trade. You goal should be to keep portfolio risk per trade at less than 2% per trade (for example if you invest 20% of your portfolio in a trade, a 10% loss on that position would lead to a 2% loss on your portfolio)

6. How many positions will you focus on at once? I like to concentrate my portfolio in my best ideas, plus I like to stay focused on how each stock is acting. If my portfolio is too big (I'd say more than 7 stocks is too many to focus on), then I will lose focus and invariably miss an exit on a trade that I should have previously exited.

7. What will your Trading Journal look like? In my Trading Journal, I note daily observations, particularly related to my ability to execute my trading plan. I also commit to doing a post-trade analysis every month. I note what I did right and wrong, and seek to learn from mistakes to minimize future errors in similar circumstances, while also looking for winning patterns where I seek to repeat big successes.

8. What is your Position Review process? Have an end-of-day routine to close your day. Review your trades, and assess if you followed your plan. Keep a log of all your trades, and make comments on each position.

9. What is your Preparation process before trading? You need defined time to prepare for the next trading day to build up your trading confidence. I prepare after the close for the next day's trading, which allows me to formulate a plan of action BEFORE I get into the heat of battle. This keeps my trading proactive instead of reactive.

10. What broker will you use? Most traders mistakenly think that commissions are the number one factor they can control. In reality, commissions are a small cost compared to the broker's effectiveness at executing your trade. Your focus should be finding a broker who gets you speedy and fair execution of your orders.





Post Merge: 1319335807
Stock Investment Advice - Common Trading Mistakes

The best Stock Market advice you will ever read is to learn from mistakes when someone else has made them. So, this stock market advice list I made a list of some of the most common trading mistakes that are made. Even I’ve made some of these. If you have already made some of the mistakes, you can rest assured that you aren’t alone in making them. If you haven’t made them, then here’s a way to get around having to learn by making the mistakes yourself, by reading my stock market advice list.

The Stock Market advice tip #1, and worst mistake that people make is that they believe trading is the easy answer, a way to get rich quickly. People will often expect to become wizards in the market overnight, but they fail to realize that trading is like any profession; you must learn how to do it first.

For example, would you attend a weekend doctor’s seminar and expect to conduct heart surgery on Monday? Of course not! I am shocked at what people expect when they go to a weekend trading seminar. They think they will create wealth without having to work, invest or think, and it just doesn’t happen that way.

After treating trading like a get rich quick scheme, my next stock market advice tip #2 and most common mistake, is to approach the market without a plan. Without a trading plan, traders approach the market in an inconsistent manner. One day they trade stocks and the next they trade the foreign exchange. Or, they may use one set of indicators one day, and the next day they will throw these indicators out the window and take on a completely new set. Without a consistent approach, the only thing governing their trading decisions is really emotions, and that will doom them to failure.

If a new trader has managed to skip these last two mistakes, they often fall down when they try to go it alone. This is my Stock Market advice #3, all traders should find themselves a coach, or a mentor. Someone who can help them spot the errors in their system that they might not have noticed. An outside point of view can help you avoid other costly mistakes, and greatly increase your profits.

These are some common and quite basic mistakes. The next errors I’ll mention are ones that are just as prevalent in the trading industry, but they often occur once traders have been around for a while. I have some personal experience with these mistakes. Let’s call this stock market advice list, the three most expensive mistakes I’ve made.

My stock market advice mistake tip #4, or the first most expensive mistake, I made was to search for the “Holy Grail” of trading. This was an incredible waste of both time and money. During the first three years of my trading career, I spent over $25,677 on a library full of books, videos and seminars as well as spending thousands of hours in search of the perfect trading methods. Honestly, 95% of what I bought was pure junk… I should have listened to my mentor earlier and realized the “Holy Grail” of trading is simply excellent money management!

My stock market advice mistake tip #5 or the second most expensive mistake I made was not having a predefined exit point. Early in my trading career, I remember trading a stock I thought had a high percentage chance of rising. I was too confident. I fully leveraged the position. Unfortunately, when things did not go as planned, I did not know when to exit, and was paralysed. I kept rationalizing why I should hold onto that stock. As the stock continued to fall, I made more and more excuses. At the very end, I remember thinking, “I can’t take it anymore!”

« Last Edit: Oct 23, 2011, 10:10 AM by mikoangelo »


mikoangelo

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Jim's 10 Commandments of Trading, they are:

1. Never turn a trade into an investment.

Have a clearly defined reason for buying a stock, and declare upfront whether the position is a trade or an investment. Consider writing down exactly why you are buying the stock and when the catalyst is going to occur. Once the catalyst has occurred or fails to occur, you must sell the stock no matter what.

2. Your first loss is your best loss.

Most trades need to work immediately in order for them to be right. If the trade goes against you, sell the stock quickly and move on to avoid bigger losses. Don't fight it.

3. It's OK to take a loss when you already have one
Don't pretend you aren't losing money simply because you haven't sold a losing trade. "A loss is a loss whether it's realized or unrealized," said Jim. No one can come back from a chronic loss position, he said. That's why it's important to cut your losses sooner rather than later.

4. Never turn a trading gain into an investment loss.

When you buy a stock for a trade, you should not expect to make as much money as you would on an investment. A trade that becomes an investment is akin to an "overstaying of your welcome," said Jimmy. You will almost certainly give back the profit.

5. Tips are for waiters.

The only reason someone gives you a tip is so he can get out, said Jimmy. The person wants to get the stock moving, so he can get out at a higher price. The person is using you by giving you the tip. If that's not the case, then the person might have insider information, which is illegal to trade on.

6. You don't have a profit until you sell.

We've all been brainwashed not to sell, said Jimmy, but "it's the only way to be sure that you get rich." Paper gains are not the same as booked gains because gains don't necessarily stay gains. Also, don't be reluctant to sell because you want to avoid paying taxes.

7. Control losses; winners take care of themselves.

"Loss control is the paramount concern for those in the market," said Jim, because "it only takes a couple of losers to wreck a portfolio. One bad apple can truly destroy the whole barrel." Stocks often telegraph declines, he said, so use those signals to take the losses before they get hideous. Don't buy into the notion you can't sell until a losing stock comes back, promising not to make the mistake again. These traits wreck long-term performance, said Jimbo. "It's how losers think."

8. Don't fear missing anything.
Discipline is the most important rule in winning investing and winning trading. "That often means admitting that you missed the golden opportunity," he said. Don't try to participate in the rally after the rally is over. How can you tell? That heart-stuck-in-the-throat feeling usually correlates with the top, said Cramer -- not the bottom. The best time to buy is when it feels most awful.

9. Don't trade headlines
Quickly written news stories based on company press releases are almost always wrong in their quick takeaways. It's very tough, for example, to quickly distill a complicated earnings story into a headline. Words such as "better than expected" should raise a red flag. Wait to read the whole story, listen to the conference call and listen for the company's guidance before acting. Don't make snap judgments. "If it's a really great opportunity, you won't miss a thing by taking time to inform yourself," said Jim.

10. Don't trade flow
If you buy a stock based on observing multiple trades to the upside, you're trading flow. That means "you have no idea why people are buying," said Jim, and "you are trading on ignorance. Ignorant traders never win, ever," he said. You will lose far more than you will make because many investments people make are ill-considered. Thus, attempting to trade off of them is nonsensical. What's more, how will you know when to sell?


Post Merge: 1319440107
23 lessons from Stock Market Wizards (in no order of importance):

1. Successful trader use trading methods that suit their personality
2. You can't control what the market does, but you can control your reaction to the market
3. To be a winner, you have to be willing to take a loss
4. HOPE should never be in your vocabulary
5. If you are on a losing streak, reduce your position size
6. Don't underestimate the time it takes to succeed as a trader
7. Approach trading as a vocation, not a hobby
8. Have a business / trading plan
9. Be honest about your weakness and DEAL with it
10. Know when to do nothing
11. Being a great trader is a process. It's a race with no finish line.
12. Never ever listen to other opinions. Make your own trading decisions
13. Analyze your past trades. Study what happened to the stocks after you closed the position
14. Don't take on excessive leverage. It only takes one mistake to knock you out of the game
15. Great traders continue to learn and adapt
16. Don't just stand there and let the truck roll over you
17. Being wrong is acceptable, but staying wrong is totally unacceptable
18. Contain your losses
19. Good traders manage the downside; They don't worry about the upside
20. Wall street research reports will tend to be biased
21. Knowing when to get out of a position is as important as when to get in
22. To excel, you have to put in hard work
23. Discipline, Discipline, Discipline!!!
« Last Edit: Oct 24, 2011, 03:08 PM by mikoangelo »


casanova

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nice share... quite long though but very good read none the less


mikoangelo

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A Winning Trader's Edge
by George Fontanills

1. Understand the psychology of the trade: never believe you are smarter than the markets as the markets will always win.

2. Acquire the knowledge on how the markets truly work then test and retest your ideas and concepts until you feel confident.

3. Develop a working knowledge of what types of entry and exit orders work best.

4. Understand how to manage risk by employing the use of options strategies.

5. Pick a strategy that matches the market conditions.

6. Manage the strategy. You should always know what your next reaction point will be and what prompts you to take it.

7. Watch what moves. To be successful, you have to become a media hound.

8. Integrate fundamental, technical, and sentiment analysis into a real world trading approach that enables you to best understand market performance.

9. Specialize in one sector and one strategy at a time.

10. Give yourself the winner's edge by always continuing to actively pursue the learning process.

 :book: :book: :coffee: :coffee: :coffee:


mikoangelo

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From Investopedia.com

Anyone who has ever dabbled in the endeavor of trading markets and enjoyed the experience has likely dreamed of becoming a successful full-time trader. While that optimism is certainly positive from the standpoint of eagerness to succeed in a truly fascinating business, it is also probably unrealistic.

Becoming a successful full-time trader of markets is akin to playing golf: There are countless good golfers, many of whom can even play at par. However, only a very select few golfers can ever make a decent living by just playing the game. (To read more on this subject, see Preparing For A Career As A Broker Or Trader.)

Keep Expectations in Check
It's important for all traders, especially those new to trading, to realize that nobody - not even the most experienced of traders or the most powerful of computer trading systems - can consistently and specifically predict exactly what the markets will do in the future. Markets can't be tamed. (To find out more about trading systems, see Direct Access Trading Systems, The Global Electronic Stock Market and Survive the Trading Game.)

There is an old market adage that says, "Markets will do anything and everything possible to frustrate the largest amount of traders." Trading markets with some success is no easy challenge. Trading markets full time, with no other source of income, is an extremely difficult endeavor.

At this point, some may be thinking, "This is not very encouraging news. Maybe I should listen to some of those other guys that say I can have immediate trading success by learning their 'secrets' or adopting their 'proven' system or strategies."

Many traders are lured by fast talkers or fancy wording into thinking that someone or some firm has a sure-fire trading "secret" or system that beats the markets on a consistent basis and racks up big trading profits in the process. But the truth is, most of these claims are half-truths at best and downright lies at worst - and they come from people who are out to take your money. (Find out more about these smooth talkers in The Ghouls And Monsters On Wall Street, Online Investment Scams Tutorial, The Biggest Stock Scams Of All Time and How does a pump and dump scam work?)

The truth of the matter is there are no "trading secrets." Achieving futures trading success is not easy - it takes hard work. And even hard work does not guarantee futures trading success. Unfortunately for many traders, it takes the pain of losing substantial amounts of money early on before finally realizing this truth.

Candidate for a Full-Time Trader?
But for those who are still determined to make it as a successful full-time trader, below are some key questions that should first be addressed, to help determine if one is a candidate for graduation to that elusive rank.

1. Are you a successful part-time trader? You'll need to be successful at trading futures on a part-time basis before you think about moving into the full-time trader ranks. Don't be fooled into thinking that trading on a full-time basis will allow you to spend more time to cure your part-time trading ailments. In other words, don't say to yourself: "If only I could spend more time trading markets, I could have more success than I've had just trading 'one-lots' here and there."
2. Do you have enough money available to live on when (yes, when - not if) you hit a streak of losing trades? A losing streak will inevitably occur, and probably sooner rather than later. It may seem like a losing streak of just two weeks, but it could stretch up to six months, or longer.
3. Do you have the psychological stamina to be a full-time trader? Quite frankly, most people do not. Can your psyche (not to mention your pocketbook) handle six months of losing trades?
4. Will your immediate family members support you, even during a prolonged rough stretch of trading? Believe it or not, this is a very, very important question. For example, if your spouse does not support your decision to trade full-time, then you are likely doomed to failure. The pressure of having to produce winning trades and knowing that your spouse is skeptical of your efforts can be insurmountable.
5. And on your part, will you be able to uphold your family or other important responsibilities even during a rough trading stretch? Or, will you brood when you start to lose your "golden" touch?

The above questions are tough to answer, but they need to be faced if you are to continue on your trading journey.

Full-Time Trader
Finally, there are "full-time traders" who do fall into a different category than what is described above. These are people who have enough money to trade futures on a full-time basis, even if their trading profits alone will not support their lifestyles.

These are individuals who already have significant amounts of money derived from means other than trading. Also, there are full-time traders that have retired from other professions and want to spend the "autumn of their lives" not in a rocking chair, but in a field that is challenging to them. They also have other income besides just trading profits and they are better suited to the job than those that live paycheck to paycheck.

Don't Take It Lightly
Becoming a full-time trader is not as easy as buying a computer, a data feed and opening a trading account. It takes hard work, dedication, psychological stamina and a strong support base. Unfortunately, even if you have all four, there is no guarantee that you will turn a profit. If you are willing to pursue this endeavor, make sure that you understand all that it entails and the stiff challenges it poses.



mikoangelo

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Tips to Actively Trade Penny Stocks

You can indeed actively trade penny stocks.You can buy and sell stocks based on short-term events and price fluctuations the way a day trader would day trade established stocks. There are many way to day trade penny stocks. They are all challenging and require persistence and optimism. You need to be persistent since it will take time to develop your own personal trading method. The optimism is important to motivate you at the beginning when your first few trades do not go the way you wanted them to go.

One form of short-term penny stock trading is based on the daily press releases. You can scan the headlines of all the press releases every morning before the market opens. Based on this initial scan, you can pick out a few favorite releases for the day and watch the pre-market activity for the stock prior to market opening at 9:30.

If the market makers have not brought up the price of the stock, you could place an order. Then after the market opens and after an hour or two, if the press release was as powerful as you expected, you could sell out of your position.

Another method is to buy penny stocks in the last 20 minutes of the day when all the day traders are closing their daily positions. You are looking for 10%+ drops in the price when the day traders exit their positions. You buy the stock and place an order to sell the stock the next morning as soon as the market opens. Penny stocks will most often open up a few percentage points higher than they closed the previous trading day. By selling the stock right after the market opens, your have tried to capture the previous day’s last minute 10% drop in price… and today’s increase in price.

The next method is buying a stock on a dip. This is when you buy a stock after it has dropped and now has started to recover. You can look for stocks that have experienced a sharp increase at the beginning of the day and now are being sold off. When the stock starts to stabilize you can call in an order and try to buy it for a cent or two below the current price. If you catch it at your limit price you can then place another order and sell the stock for a few percentage points more than you bought it for.

These are just a few strategies to catch some hot penny stocks and make short-term gains. Done consistently, several short-term gains add up. Remember to do your homework and use limit orders to mitigate losses when you’ve miscalculated or you’re wrong.

CAVEAT  :hihi: :hihi: :hihi:


mikoangelo

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10 Commandments of Value Investing
http://dividendmoney.com/10-commandments-of-value-investing/

Once in a while investors need to be reminded of the concrete rules that have been proven successful by famous investors to make money in the market. The following are the 10 concrete rules for value investing.

Low Price-to-Earnings (P/E) Multiples: Search out stocks trading at less than 10 times price-to-earnings multiples, which reduces the risk of overpaying for a security.

Low Price-to-Cash-Flow Multiples: Look for companies trading at less than five times a price-to-cash-flow multiple. This also reduces the risk of overpaying and uncovers many dirt-cheap equities.

Discount to Book/Net Asset Value: Buy stocks trading at a discount to book/net asset value. In many cases, this not only uncovers significantly undervalued stocks but also prime takeover candidates.

Hidden Assets: Some examples of hidden assets that can be uncovered after a thorough analysis are tax-loss carry forwards, over-funded pension funds, real estate, potential spin-offs, IPOs and favorable litigation.

Management: Two types of management could be key in the search for a turnaround candidate: a) solid, proactive management and b) poor management, which leaves the company ripe for a proactive acquisition or merger.

Products/Services in Tune with 2008 and Beyond: This includes expandable, growing markets with good margins. We tend to avoid companies with outdated, shrinking products.

Value Catalyst: To push up the value of a stock, we look for a significant value creator. Some examples of possible value creators are fresh management with new directions, an important sale or purchase of a meaningful asset, an unsolicited takeover bid or disgruntled and impatient proactive shareholders who may put pressure on management to make changes or sell.

Discounted Valuations Compared with its Peers: Comparative valuation measures such as price to earnings and cash flow could indicate a takeover by relatively expensive Canadian or foreign competitors looking to expand market presence.

Contrary Opinion and Under-followed by Investment Analysts: With little investor exposure, undervalued stocks are pregnant with possibilities, providing very little buying competition when we attempt to accumulate the security. Generally, an undervalued and under-followed security will offer terrific capital-gains opportunities.

Discipline: Stay on track and adhere to strict value discipline of low P/Es and strong cash flows and price targets. Do not get sucked into buying the flavor of the day! Combine patience and persistence to attain superior performance. Patience! Patience! Patience!


TSO

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Aba, biglang naging investor ung "guide" ni miko ah! Ano 'to, heel face turn!? XDDD

Actually, kelangan pa 'yan idagdag eh:

1. HAVE BALLS. :3
2. WELCOME VOLATILITY.

Magandang supplement yan hahaha


mikoangelo

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^ I just came across that one while reading so naisp ko lang ishare,although

sa VI thread ko nga pala dapat siya pinost   :hihi:

Magandang supplement nga yan,ska dapat di kabado at baka atakihin sa puso lalo na kapag

bumabagsak ang price ng hawak na stocks  :hihi:


TSO

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Hindi, kasama yan sa collection ng guide mo ehehe.

Masyadong seryoso ung atmosphere ng VI thread, para sakin. (o baka ako lang yon?)


mikoangelo

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 ^  :hihi: :hihi: :hihi: naalala ko tuloy si samsam na natakot magtanong sayo.. :hihi: :hihi: :hihi:

I started reading the VI thread, and nosebleed ako sa mga post mo sir ha  :hihi: :hihi:

Parang ganito nangyayari sakin

 :scratch:

 :book:

 :wall:



 :pc:

 :idea:  :thumbsup2



Post Merge: 1319953906
HOW TO PICK WINNING STOCKS

by Martin Zweig


“Look for a clear uptrend on the stock’s chart.

If you see a series of HIGHER HIGHS and

HIGHER LOWS , like a stepladder on the way up,

that’s it ! Buy the stock !”


    ACTING BETTER. Look for stocks that are acting better than the other stocks, even

in a weak market.

    AVOID STOCKS that haven’t been keeping pace, left behind, stocks wallowing near

 their lows, weak stocks rising in a very lukewarm way.

    CLEAR UPTREND. Look for a clear uptrend on a chart where you see a series of

HIGHER HIGHS and HIGHER LOWS, like a stepladder on the way up.

    BEST BUY SPOTS. Your best buying spots are short pullbacks or (“corrections” or

profit-taking) of 5% to 10% from the stock’s recent peak price. Buy when the price drops a

 bit.

  BREAK OUT. Look for a stock that’s just breaking out from a long “consolidation” .

(Matagal na natulog ang stock, biglang gumising !) Look for rising volume — going with the

rising stock.

    MAKING MISTAKES. Even the world’s best professional traders make mistakes in

the market losing billions of dollars. Zweig says: “ I also make a lot of mistakes in the

market and I will make more mistakes in the future”. So, don’t be afraid or embarrassed to

make mistakes.

    CUT LOSSES. Let your profits run, but cut your losses short. Don’t wait too long,

hoping the stock will recover. In most cases, it won’t. If you bought a stock at 20, you won’t

be badly hurt if you cut loss by selling out at 17 for a 15% loss.You still have the bulk of your

capital— to look for a better, stronger stocK.

    JESSE LIVERMORE, the greatest stock speculator who ever lived, said :

“ A loss never bothers me after I took it. I forget it overnight. But being wrong

and not taking the loss, that’s what damage your pocket. Of all blunders, there

are a few greater than trying to average a losing game. Always SELL what shows

you a LOSS, and KEEP what shows you a PROFIT.

    STOP LOSS. Set your “stop loss” price at 7% to 10% below your buy price. For

more volatile stocks ( malakas gumalaw!) you can give more room at 10% to 15% “cut loss”

selling price to GET OUT of the stock. Don’t wait, don’t hope, get out!

    GETTING OUT. If a stock drops right away after you bought it, your “cut loss”

selling price gets you out of the stock with only a moderate loss. You still got most of your

money left. This gives you another opportunity to find a better,stronger stock.

    SMALL LOSS. A small loss becomes a good opportunity for making profits

elsewhere. This gives you the chance to turn a liability into an asset— instead of just sitting

there hoping and praying that your dying stock will come back,with your losses becoming

bigger and bigger…

    LOCK IN PROFITS. Use the same “stop loss” to trail behind a rising stock.

Let your profits ride as the stock keeps on rising. As it keeps rising, also keep raising your

“trailing stop” price—the price where you get off when the price drops 7% to 10% . Once it

drops to your target “stop loss” price, SELL the stock and get your profits!

    BUYING MORE. If the stock price just keeps on rising steadily, with “higher

highs and higher lows” on the chart, just hang in there and ride with the profits.

If you still have more cash to spare, BUY MORE of the same stock and “average up” as much

 as you can…

« Last Edit: Oct 30, 2011, 01:51 PM by mikoangelo »


TSO

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:hihi: :hihi: :hihi: naalala ko tuloy si samsam na natakot magtanong sayo.. :hihi: :hihi: :hihi:

I started reading the VI thread, and nosebleed ako sa mga post mo sir ha  :hihi: :hihi:

Parang ganito nangyayari sakin

 :scratch:

 :book:

 :wall:



 :pc:

 :idea:  :thumbsup2

LOOOOOOOOOOOL

Punta ka sa GuruFocus. Para sa US. Baka mas lalo ka pang madudugo sa ilong. hihihi

Kung nahabol mo pa akos a pRO days klo... hay nako, ung mga post ko sa ragnaboards. Kasinhaba at puro probability statistics.


freefront

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@mikoangelo- the lessons about cutting your losses runs counter to the idea that really kicks your backside, because it is particularly true of Pinoys and those who haven't taken the time to learn and ally their fears: People are more concerned of taking losses than that of receiving gains. Fear trumps excitement  most of the time.So, they let it slide to the negative side, past their mental cut loss, way past their exit plans, just because they won't take a loss.

There was an earlier post where the scenario is---if you are wrong twice, and correct once, you still come out winning. Example: 2 stocks with a cut-loss of 10% and you sold. Another stock gained 30% and you also sold. That's still a gain of 10%. If you go red at more than 18 or 20% on 2 stocks, I doubt if you can have one stock  go past 40% gain to cover the losses or break-even. Take the loss fast and soon. BTW---I already learned that lesson, fast and hard. Always protect your capital. Loss and gain are just ideas. Capital is your money, which no doubt is very tangible and real to you.

I don't know where we are right now about the global and local market forecasts, but I'll be selling and taking as much as 18% loss on some stocks simply because I can't beg for time to manage my account anymore. Maninibago na naman ako sa January.


mikoangelo

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No such thing as “luck” in the stock market !
by:Aurelio A. Pena / Goldelyonn Fund Management

There’s NO such thing as “luck” in the stock market.

If you lose money in stocks, that isn’t “bad luck”.

That’s STUPIDITY.

            Many people who “invest” in stocks all over the world and lost millions are simply,

complete IDIOTS. Bad luck didn’t hit them—  it’s simply, stupidity.

         When you do something you don’t understand, you will lose. You won’t even know

what hit you when you lose money in the stock market.

           And those who lose money in stocks, are people who think that the stock market is

just “gambling” and make “bets” on companies recommended to them by their brokers.

          The moment you start treating the stock market as “gambling” you’re sure to lose

your money and you’ll blame it all on “bad luck”

          That’s why it’s so important for people to understand the stock market as a market

place for companies seeking capital from investors ( banks, insurance firms, pension funds,

investment banks, mutual funds, small investors, etc) for their expansion plans and

operating capital.

          If companies think borrowing from commercial banks is just too costly for them,

they’ll go to the stock market and offer to sell some of the ownership to investors.

          That “ownership” is represented by a unit called “shares of stock”.  This is the stock

that you buy as “investment” in that company— and later sell when its price gives you a nice

 profit.
         Stock trading must be treated like a BUSINESS. When you start buying and selling

stocks for profits, it’s the same thing as buying and selling corn, copra, or rice to make

profits— and make your savings and retirement fund grow bigger.

           It’s a decent, honest and serious way to make a living. As long as you know exactly

what you’re doing, as a stock trader, you can build your savings over the coming months this

 year and multiply it 2X or 3X just by buying and selling stocks in short durations of 2

weeks, 5 weeks to three months piling up profits of 20% to 40%.

            Don’t approach stock trading as gambling— otherwise you’ll lose your savings and

investments. Learn the basics of stock trading in the stock market so you’ll know exactly

what to do— how to pick winning stocks,  how to cut your losses, how to read stock charts,

how to spot trends, how to buy at right time, how to sell and take profits, etc   


TSO

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^ Unfortunately, luck also plays a role.

Investing in stock market means investing in businesses. Even investments with extremely large margins of safety can fail...

The funny thing is, it's also difficult to distinguish luck from skill when analyzing a money manager's performance, even with the use of TWRR.


akira0422

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1.Low Price-to-Earnings (P/E) Multiples: Search out stocks trading at less than 10 times price-to-earnings multiples, which reduces the risk of overpaying for a security.

2.Low Price-to-Cash-Flow Multiples: Look for companies trading at less than five times a price-to-cash-flow multiple. This also reduces the risk of overpaying and uncovers many dirt-cheap equities.

3.Discount to Book/Net Asset Value: Buy stocks trading at a discount to book/net asset value. In many cases, this not only uncovers significantly undervalued stocks but also prime takeover candidates.

Hidden Assets: Some examples of hidden assets that can be uncovered after a thorough analysis are tax-loss carry forwards, over-funded pension funds, real estate, potential spin-offs, IPOs and favorable litigation.

Management: Two types of management could be key in the search for a turnaround candidate: a) solid, proactive management and b) poor management, which leaves the company ripe for a proactive acquisition or merger.

Products/Services in Tune with 2008 and Beyond: This includes expandable, growing markets with good margins. We tend to avoid companies with outdated, shrinking products.

Value Catalyst: To push up the value of a stock, we look for a significant value creator. Some examples of possible value creators are fresh management with new directions, an important sale or purchase of a meaningful asset, an unsolicited takeover bid or disgruntled and impatient proactive shareholders who may put pressure on management to make changes or sell.

Discounted Valuations Compared with its Peers: Comparative valuation measures such as price to earnings and cash flow could indicate a takeover by relatively expensive Canadian or foreign competitors looking to expand market presence.

Contrary Opinion and Under-followed by Investment Analysts: With little investor exposure, undervalued stocks are pregnant with possibilities, providing very little buying competition when we attempt to accumulate the security. Generally, an undervalued and under-followed security will offer terrific capital-gains opportunities.

Discipline: Stay on track and adhere to strict value discipline of low P/Es and strong cash flows and price targets. Do not get sucked into buying the flavor of the day! Combine patience and persistence to attain superior performance. Patience! Patience! Patience!
 
hi MIke! can you elaborate more on steps 1 to 3. i guess, if you provide sample computations,  or more specific examples, this could really help us understand more about the equities and points of wisdom you wann pass on.
like:
1.Low Price-to-Earnings (P/E) Multiples: Search out stocks trading at less than 10 times price-to-earnings multiples, which reduces the risk of overpaying for a security.
what does it mean when i buy and agi of pe 14.46?, an at of -26? or fdc of 8????? wer to get accurate data on PE of a company??? for PSE is it PSE website old or new or do we always have to settle with 17a and quarterly reports.

2.Low Price-to-Cash-Flow Multiples: Look for companies trading at less than five times a price-to-cash-flow multiple. This also reduces the risk of overpaying and uncovers many dirt-cheap equities.
whats the actual fomula for this? should we go for quarterly, semi or  annual monitoring of cash flow???
3.Discount to Book/Net Asset Value: Buy stocks trading at a discount to book/net asset value. In many cases, this not only uncovers significantly undervalued stocks but also prime takeover candidates.
can u help us make a model to simplify computation of this figures?

thank you.XD

as


TSO

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Akira,

Your inbox is full. As usual. You're the only one who's been missing my updates and I need your email address.

1. I must warn you that current P/E ratios can be misleading. For example, EDC's current P/E ratio of 27+ masks the likelihood it is 15.71.  

2. I prefer annual.

3. A model? You just compare the price to book value. Oorrr.... you slap on some kind of multiplier to total assets and subtract it by liabilities. That's pretty much it in a nutshell.


ferrariEverest

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luck is an inevitable component in trading/investing.
why? simply because we dont & cant control , and we cant forecast everything the market does.

ang tanong...
aasa ka lang ba sa luck....
o mas ok na you have an edge tapos paminsanminsan masasamahan ng swerte?


DonT

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Too lazy to search for the answer...but I guess many of you would probably know the answer off your head.

Is there a correlation on which strategy or type of analysis does one have to do if you want to invest in the short term...and on the long term.

For example....
Short term - I should do Technical Analysis
Long term - I should do Fundamental or Value Analysis

Tama po ba?
« Last Edit: Nov 06, 2011, 09:23 AM by DonT »


akira0422

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Short term - I should do Technical Analysis
Long term - I should do Fundamental or Value Analysis
--my opinion is always coupled with the news... however your right, sometimes we need to hanglose a liitle bite  and let some trends surface or peek at hhow the market reacts.


bauer

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short term trades - fundamental analysis, technical analysis, & news events

long term - fundamental analysis & news events


ferrariEverest

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...
For example....
Short term - I should do Technical Analysis
Long term - I should do Fundamental or Value Analysis
Tama po ba?
Sir,
depende yan kung san ka kumportable or expert.
pwedeng "chopsuey"

for example, i can do short- & Long-term with TA. pero i am aware of FA & global macro news events.
d ako masyado familiar with VA pero i can sense sa post ni TSO na pwede namin gamitin either VA or TA for timing of trades with relatively similar results.


mikoangelo

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How to avoid big losses (and win BIG) in the stock market

       Most investors and traders can’t accept any loss to their capital, even a small 7% loss, hanging on to their HOPE that the price of the stock will “recover”. In most cases however, the price never recovers.

     by AURELIO A. PENA  financial writer
 
  FOLLOWING RULES very strictly, even if they’re self-imposed, is something so hard to do in the stock market. But if you’re a very disciplined trader who keeps trading rules to the letter, you can avoid losses and maximize your profits, making you a winning trader.

            One trading rule that’s being broken all the time by both new and old stock traders is the rule of Stop Loss which reminds you to sell your stock at a certain point, say like 5% or 7% when the price of your stock starts to decline. This move makes sure your loss is very small so you can use the bigger bulk of your capital to buy a much stronger stock.

            For example, if you bought s stock at P35 a share and put your “stop loss” exit price at P33 a share, you must FORCE yourself to get out of that stock by selling or “unloading” it at P33.

            Most investors and traders can’t accept any loss to their capital, even a small 7% loss, hanging on to their HOPE that the price of the stock will “recover”. In most cases however, the price never recovers. Hindi na talagang babalik!

            So, instead of accepting small 7% loss to their capital, after several months of waiting for the stock price to recover, they end up with a stock with a 50% to 70% loss, more than half of their capital gone forever. That’s how you get wiped out in the stock market. Matigas ang ulo !

            Know what ? You can actually make a lot of money on this same stock if you got out at 7% loss (by selling out at P33), then wait one or two months for the stock to fall before BUYING BACK the same stock at a much lower price.

   Best example of this is the stock of Aboitiz Power Corporation,( the mother company of Davao Light and Power Company.).

            Let’s assume you have 20,000 shares of AP (Aboitiz Power) worth P700,000 after you bought it at P35 – which turned out to be the peak price before it started to decline.

            Assuming you’re not hard-headed and follow trading rules strictly, you sold your stock and got out at P33 to cut loss. You got your capital back totaling P660,000 with only a P40,000 loss. (This loss is very small compared to the size of your capital)

            After two months, the stock price of AP went down to as low as P26 a share. With your remaining capital of P660,000, you decide to BUY BACK at P26 a share and got yourself a bigger holding of 25,300 shares of AP. Mas malaki na ngayon!

            If you followed stock market prices daily since January this year, the price of AP shares fluctuated between P26 to as high as P33 a share.

            With the right timing, you could UNLOAD (sell) all your 25,300 shares of AP at P33 and collect stock sales of P834,900 or a net profit of P174,900 ( after deducting your capital of P660,000).

            Shortly after the AP stock price hit P32 and P33, it decline again to P29 and P28.
We see this as “guerilla trading” at its purest form — a “HIT AND RUN” in the stock market, because you lie in wait, hiding in the dark bushes, before hitting the stock price to get your profit — and running away !             
   
            Moral Lesson: To avoid getting wiped out in the stock market, strictly follow the STOP LOSS rule (with no hoping whatsoever), get out of the stock then buy back at lower price to sell it back at a higher price.


moka_akashiya

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mikoangelo

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For every loss that we have, we need a bigger gain to breakeven


Loss      Profit Needed to Breakeven

5%            5.3%
10%          11.1%
15%          17.6%
20%          25%
25%          33%   
30%          42.9%
40%          66.7%
50%          100%
60%          150%
75%          300%
90%          900%

Post Merge: 1320831840
^^    :welcome:

shinishare ko lang mga nababasa ko ....
« Last Edit: Nov 09, 2011, 05:49 PM by mikoangelo »


moka_akashiya

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For every loss that we have, we need a bigger gain to breakeven


Loss         Profit Needed to Breakeven

5%         5.3%
10%         11.1%
15%         17.6%
20%         25%
25%         33%   
30%         42.9%
40%         66.7%
50%         100%
60%         150%
75%         300%
90%         900%

Post Merge: 1320831840
^^    :welcome:

shinishare ko lang mga nababasa ko ....


i second the motion..


 


cjoy

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Bakit mas malaki ang figure ng breakeven? Dahil sa  fees?


moka_akashiya

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for example you buy at 2php
it goes down at 1php..

thats 50% loss..

but if you buy at 1php and sell it at 2php..
that 100% gain..

sana po nakatulong


mikoangelo

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Example may binili kang stock worth 10 pesos/share..

Then you lost 50% so ang worth ng stock mo is 5 pesos/share nalang diba

So basically for your 5 pesos to reach 10 pesos again, you need 100% of 5

pesos  (which is 5 pesos) para makabawi

Medyo magulo yata..Sana nagets mo,hehe...

And YEs, di pa po computed ang mga tax and fees jan....I think you need 2%

gain to breakeven


Post Merge: 1320833147
ooops,ayun na pala,mas mabilis mag reply si moka    :cool2: :cool2:

thanks


cjoy

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tyronesolee

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Singit ko lang dito yung article na ginawa ko personally to explain how stock market works in layman's term for those totally newbies in the world of stock market trading. :D

http://www.millionaireacts.com/404/how-stock-market-works.html


mikoangelo

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^ I remember nung sinsabi ng kasama ko ang stock,wala akong idea ano nga ba ang pinagsasabi ng friend ko..

Believe it or not, yung blog mo ang isa sa mga naging review material ko..

I still have and still using the excel file of brokers fee and taxes...Ang alam ko nakuha ko din yun sa blog mo e... :cool2: :cool2: :cool2:


tyronesolee

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^ I remember nung sinsabi ng kasama ko ang stock,wala akong idea ano nga ba ang pinagsasabi ng friend ko..

Believe it or not, yung blog mo ang isa sa mga naging review material ko..

I still have and still using the excel file of brokers fee and taxes...Ang alam ko nakuha ko din yun sa blog mo e... :cool2: :cool2: :cool2:

Haha! Thanks. Yeah, meron nga akong excel file hehe. Kaya lang baka hindi na siya applicable now. Hindi ko na na-update e. Inactive stock trader na kasi ako ngayon. I just invest indirectly in stocks through equity funds of UITFs and Mutual Funds. Ayaw ko na kasi mag-monitor daily and masyadong mataas ang stocks now, not a good time to buy.


mikoangelo

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Ok pa naman siya...ginagamit ko parin e..at least malapit siya sa katotohanan..di ko na

kailangan mg compute, input input nalang ..hehe   :thumbsup2


likepassiveincome

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maraming salamat sa mga nagpost. ano ang ginagamit nyong fundamentals to buy stocks?


moka_akashiya

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Haha! Thanks. Yeah, meron nga akong excel file hehe. Kaya lang baka hindi na siya applicable now. Hindi ko na na-update e. Inactive stock trader na kasi ako ngayon. I just invest indirectly in stocks through equity funds of UITFs and Mutual Funds. Ayaw ko na kasi mag-monitor daily and masyadong mataas ang stocks now, not a good time to buy.
into stocks ka din po ba sir tyronesolee..

magkapangalan kasi kayo ni sir tyrone, ung nagstart ng MY Personal stock analysis thread..
:)


mikoangelo

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Seperating the Men from the Boys

In Which Rogue Traderette is Torn.


http://roguetraderette.wordpress.com/20 ... -the-boys/

Bear markets have a special way shining the spotlight into our investment souls, and revealing whether ‘investors’ should really be investors at all.

It can be hard living in the real world as a trader/market fiend/investment guru. In the Internet-World it’s easy – we can associate with other traders, discuss strategy and gain insight from people who play the same game we do. Generally speaking, we know what we’re doing.

But the minute we step outside, we run into normal people. Our parents with their annuity. Our brother-in-laws, with their nest-eggs. Our neighbours, who didn’t retire in 2009, and now won’t be retiring in 2012, either.

It makes me sad. These are people who I love. They copped it during the GFC, and are copping it again now, because they’ve put their trust in ‘professionals’.

What they don’t seem to comprehend though, is that they’ve put their whole lives in these professionals hands, not just a few bucks for a special treat. And when their investments (and lifestyles, as a result) have dwindled away to nothing, they’ll blame their advisor.

A relative recently informed me that they’re not interested in managing their money. It’s not their ‘thing’, so they’re handing it all over to their planner to take care of so they can eventually retire off their investments. Which, understandably, sounds fabulous to them. Great rewards for no effort usually does.

But it really isn’t. It’s very much the equivalent of handing your marriage over to a marriage councillor and then blaming them when it fails. You know, because marriages aren’t really your ‘thing’.

We’re going to hear a lot of real people crying soon, blaming the government, blaming their financial professionals because things haven’t worked out the way they planned.

Again.

If the last few days have left you shaking and looking around for your bunny-rug – it’s time to man up. And learn.


mikoangelo

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Look before you dive in sea of trade, newbies urged
By Daxim Lucas
Philippine Daily Inquire

Unless you have been living in the mountains all these years, chances are you,ve heard by now how financially rewarding and exciting investing in the stock market can be.
Mass media bombard people with information and images about the equities markets here and abroad, and how easy it is to make one's first million by simply choosing the right stock.

In reality, things are slightly more complex (and less glamorous) than what movies would like to make people believe. According to experts, to be successful at stock-market trading, a person has to do a lot of research and self-assessment before taking the plunge. And any trader wannabe will also need disposable capital?the more, the better.

But make no mistake about it: participating in one of the most dynamic modes of investment available today is attainable and potentially rewarding for the man on the street. But the path to becoming the next stock-market guru starts with understanding oneself.

Self-awareness

The first task for a first-time investor in the stock market is to examine what his motives or objectives are,said CitisecOnline president and CEO Conrado Bate.
Bate knows whereof he speaks. As a longtime stockbroker, he has helped clients from the biggest global fund managers to the smallest retail investors attain success in navigating the tricky waters of the Philippine Stock Exchange.

A newcomer to stock market investing must understand his reasons for investing, he said, explaining that one of the biggest pitfalls for first-time investors is often a lack of self-awareness. Is he there just to trade, or to invest for the long term??

Once this is established, the newbie investor should now scout for a stockbrokerage firm that will be able to service his needs, whether it is giving advice on the design of a long-term investment portfolio or providing the platform for short-term, quick in-and-out trading.
More importantly, clients should seek firms that would actually help educate them while helping grow their investments.

People should choose brokers that will give them the services they require,Bate said. One major requirement is client education. Often, they just go to brokers who can execute orders, but who can't help them understand the market.

Black swan events

Once a potential investor has determined how much he can allocate for stock market trading, and what kind of risk he can absorb, he has to make sure the nature of his funds match the nature of his investments.
Bate said he had seen this error made countless of times before: short-term funds used to buy long-term investments.
There has to be a matching of resources, he stressed. If you are buying stocks for long-term growth, you cannot should not use money that you will need next week, next month or next year.

Indeed, the most common error committed by newbies is to believe that excess funds can be invested in stocks this month, while waiting to pay for the amortization of the house or car next month.

There are so many black swan events, Bate said, referring to the term used for once-in-a-lifetime, unforeseen market upheavals like the Japan earthquake or the unrest in the Middle East. So for me, the best stock investments are long-term investments. And for these, you need long-term funds.

Long-term investments do not, however, necessarily mean large investments.
Most stockbrokers that trade stocks on the PSE accept client accounts trading as little as P20,000. Many local mutual funds that specialize in trading local stocks accept clients with as little as P5,000 in initial investment an amount CitisecOnline also accepts.

We have a facility for investors who want to start out at this level,Bate said.
But as a general rule, he advises clients who trade anything lower than P1 million to do what he calls self-directed trades, rather than rely on tips and recommendations from stockbrokers.

Discipline

He said a good broker would provide investors with a list of pre-screened stocks from which a client can choose four or five stocks to focus on.

As long as you stick to good companies, you will not go wrong over time, Bate said.

Is his advice solid? It seems it is, based on the growing number of clients signing up for CitisecOnline's Internet-based trading facility something that is increasingly being adopted by other stockbrokers.

But it is perhaps Bate's final piece of advice that often makes or breaks a stock market investor: You have to have discipline.

According to the bourse veteran, a client's discipline be it the discipline to maintain a regular schedule of buying stocks regardless of price, or the discipline to cut losses, or the discipline to resist trading on impulse is the ultimate determinant of success.
With this trait, any newbie client is already halfway to his investment goal



mikoangelo

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Trading Rules by Stuart Walton (Stock Market Wizards)

> Be patient—wait for the opportunity.

> Trade on your own ideas and style.

> Never trade impulsively, especially on other people's advice

> Don't risk too much on one event or company.

> Stay focused, especially when the markets are moving.

> Anticipate, don't react.

> Listen to the market, not outside opinions.

> Think trades through, including profit/loss exit points, before you put them on.

> If you are unsure about a position, just get out.

> Force yourself to trade against the consensus.

> Trade pattern recognition.

> Look past tomorrow; develop a six-month and one-year outlook.

> Prices move before fundamentals.

> It is a warning flag if the market is not responding to data correctly.

> Be totally flexible; be able to admit when you are wrong.

> You will be wrong often; recognize winners and losers fast.

> Start each day from last night's close, not your original cost.

> Adding to losers is easy but usually wrong.

> Force yourself to buy on extreme weakness and sell on extreme strength.

> Get rid of all distractions.

> Remain confident — the opportunities never stop.

« Last Edit: Nov 13, 2011, 06:31 PM by mikoangelo »


mikoangelo

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People Think It’s All About Prediction -- But It Is NOT!
by Van K. Tharp, Ph.D.


Let’s look at some of the major methods behind investing or trading and see what they can tell us.

- Trend following – If you buy what’s going up, it will probably continue.

- Value Investing – Buy what’s undervalued because it will eventually become overvalued.

- Seasonality – The market tends to show seasonal patterns that you can capitalize upon.

- Band Trading – It’s possible to draw bands to describe the nature of an investment. Those bands will allow you to sell when the price gets too high and buy when it gets too low.

- Elliot Wave – The market moves in a sequence of five waves up and three waves down, and if you can understand the various levels to this, you can predict tops and bottoms.

While there are many other methods, notice how all of these particular methods are related. What is the common element? All of these methods tend to predict, to a certain extent, what the market will do next. So if you are a trend follower, you are predicting that the trend will continue. If you are a value trader you are predicting that what’s undervalued will go up eventually.

Yet if you look at the track record of some of the major players who used these methods, you’ll find that they are often right less than fifty percent of the time. Good trend-followers, for example, might make money in about 40% of their trades. But when they are right, they make huge amounts of money.

Elliot wave traders look brilliant when they are correct, and the media wants to interview them about what will happen next. But when they are wrong, they can look really stupid and people start to laugh about their predictions.

My point in mentioning all of this is to show the importance people place on prediction. Countless books have been written about how to “pick the right stocks.” The media tend to interview professional traders about what stocks they are picking and why. And perhaps they’ll even show what happened to the last set of picks and ask what happened with the losers.

I have yet to hear anyone say, “I don’t make money picking stocks – I make money by cutting my losses short and letting my profits run. And more importantly, I meet my investment objectives through the judicious use of position sizing.”

Your trading style forms a basis for your beliefs about how to enter the market. This is important because you really only trade your beliefs about the market. It’s very hard to trade something that’s going up if you believe it is overvalued. Similarly, it’s very hard to trade something that’s considered undervalued, if you believe (because it is going down) that it will continue to go down.

But it really doesn’t matter what framework you select for picking your trades or investments. That’s only the starting point for real success. What’s really critical is that you understand that you make money by cutting losses short and letting profits run. This will give you a positive expectancxo develop a good system, then you can probably achieve your objectives through the appropriate use of position sizing. And if you can continue to do this without making many mistakes, then you’ll probably be happy with the results. These are the real keys to investment success.



brokerbackgirl

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To the experts here, til when do you hold on, when do you let go?

do you wait a specific % like 25-50%? before you liquify your shares or do you just wait and wait until you feel its time


ferrariEverest

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d ako expert, pero i can share my experience.
since into technical analysis ako.. eto masasagot ko

- u hold on to your position hanggat walang nagbabago sa market condition... i.e., if u bought because u view the market as bullish, hold on ka lang unless magbago na ang trend (naging bearish;showing signs of reversal or consolidation).
-u can enter with multiple positions, tapos take partial profits along the way. pag nachempuhan mo ang isang strong trend, at may remaining open position ka pa, then u'll be able to ride the trend further.

dont use arbitrary %. dapat objective ka as much as possible.


mikoangelo

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^^di din ako expert pero makikisagot na din ako..

Diba sabi nila before you buy a stock,you should already have an exit plan...

Ganito nalang isipin mo para mas madali,tanong mo sarili mo,bakit mo ba binili ang shares ng company na yan?

Then,is the reasons still there?

If not,then why are you still holding the stock?




Dodong_Pobre

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To the experts here, til when do you hold on, when do you let go?

do you wait a specific % like 25-50%? before you liquify your shares or do you just wait and wait until you feel its time

I'm not really an expert but I do live stock trading for about a year now. I'm into swing trading setting 5% margin. But sometimes I hold position depending on support/resistance and volume change trend.


sir_yoso

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mikoangelo

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When to Sell Stock: Now or Later

http://www.stock-investment-made-easy.com

Ideally, you should keep your stocks as long as possible. You might not need to know when to sell stock. There is time when to sell stock is a better option.
In fact, some stock investors acknowledge selling stock as one of the great 'exit strategy'. This especially true if you incline to stock trading than stock investing.
For stock traders, profits or losses can only be realized when the stock is sold. Meanwhile, stock investors can still make profits without selling the stock. They prefer recurring income from dividend payout than capital gain from the stock price appreciation.
Either stock traders or stock investors, situations below are applicable to when you should sell your stocks.

Fundamentally Changed

If at all possible, this should be the only reason to when to sell stock. Change in the stock fundamentals require more in depth research as the previous data might no longer correct for earnings projection. Changes include restructuring of its business model, different business focus and directions or change in the company’s key management.
Have Better Investment
It goes without saying that you may also sell your stock if there is more profitable investment. No matter either you are changing to other stocks, invest in mutual funds or buying properties for rental income; as long as you in better position to reap the most profits. Limited resources can be fully optimized.

Stock is Over Valued


During bull market, high quality stocks will appreciate value. As more and more stock investors interested in the stock, it is not unusual thing to watch the stock to be pushed way past its true value. And more importantly, with so much hype around the stock, they are often set up for a fall.

Therefore, you may use the strategy of selling them first and buy back at lower price. However, be prepared to watch it keep on going up after you sell, as it happen sometimes. Just don’t second-guess yourself; it could have more easily gone the other way. This is why, you need an accurate knowledge on the top and bottom of prices to justify your decisions.

Need Some Cash

Unexpected circumstances may affect the time to when to sell stock too. It is not wrong to sell stock to solve your financial emergency, especially the underperforming one. However, it is advisable to have some emergency cash funds that are not meant for investment used as a buffer. After all, basic investing rules two; start investing if you have enough money

Reached Financial Goal


You set your financial goal before. Whether for retirement, children’s education or buying new home, you can start liquidating your stocks. I’ll guarantee you this, you will be totally satisfied and no regret investing in stocks once you had achieved desired goals.
If you noticed, dropped in stock price is not included to when to sell stock. As a matter of fact, I bought more shares if the price is going down (if its fundamental remain intact). I did so because I can buy them at cheaper price; just like you are crazy for a Christmas sale for the thing you want the most!


mikoangelo

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10 common characteristics frequently found among the best of the best
From Van Tharp’s latest book “Super Trader,”

1. They all have a tested, positive expectancy system that’s proved to make money for the market type for which it was designed.

2. They all have systems that fit them and their beliefs. They understand that they make money with their systems because their systems fit them.

3. They totally understand the concepts they are trading and how those concepts generate low-risk ideas.

4. They all understand that when they get into a trade, they must have some idea of when they are wrong and will bail out.

5. They all evaluate the ratio of reward to risk in each trade they take. For mechanical traders, this is part of their system. For discretionary traders, this is part of their evaluation before they take the trade.

6. They all have a business plan to guide their trading. You must treat your trading like any other business.

7. They all use position sizing. They have clear objectives written out, something that most traders/investors do not have. They also understand that position sizing is the key to meeting those objectives and have worked out a position sizing algorithm to meet those objectives.

8. They all understand that performance is a function of personal psychology and spend a lot of time working on themselves. You must become an efficient rather than inefficient decision maker.

9. They take total responsibility for the results they get. They don’t blame someone else or something else. They don’t justify their results. They don’t feel guilty or ashamed about their results. They simply assume that they created them and that they can create better results by eliminating mistakes.

10. They understand that not following their system and business plan rules is a mistake.


Post Merge: 1321792609
Why You Need To Develop Your Own Trading System
Marquez Comelab
The Part-Time Currency Trader


Most novice traders look for trading systems (or signals) to buy or to subscribe to. They pay to be told what, when and how much to buy or sell. Marquez Comelab, author of The Part-Time Currency (Forex) Trader, discusses the benefits and disadvantages of such an approach to trading.

-------------------

There are many trading systems and strategies out there. There are many free ones printed in trading articles, journals, books and on trading-related websites. You can buy them as software or you can subscribe to them periodically.

Novice traders say they do not have the time, the aptitude, the talent nor the brains to work out how to trade properly. They would rather purchase a program or subscribe to a trading system for hundreds – or in some cases – thousands of dollars. They say they do not have to do anything except be told what to buy, when to buy and how much of it you need to buy. Some ask me if this strategy or approach is advisable for trading the financial markets. To answer this question, I am then forced to consider the advantages and disadvantages of using such an approach to trading.

There are reasons why a trader would use a system or strategy that someone else developed and tested:

1. It is easy. A novice trader does not need to study how the market works and how he interacts with that market. He does not need to educate himself: he does not need to bother with books and seminars. He does not need to test the system, since the seller has already done that for him and reported promising hypothetical or actual results.

2. A novice trader hopes to get a trading system at a ‘bargain’ price… sometimes even for free.

Hazards of trading a system or strategy developed and tested by someone else are the following:

1. Faulty Systems

There are many faulty systems out there. They may be faulty because their assumptions and their mechanisms may no longer be true, accurate or valid. As a novice trader, how can you distinguish between the good systems and the bad systems if you don’t know how trading systems are built?

2. Discipline and confidence

All systems have drawdown periods. Some good systems may not make money for six months or an entire year. Even if it was a good system, can you continue to follow it even if it gives you a loss after a loss after a loss? How can you follow it if you do not have confidence in it? How can you be confident if you do not know the ins and outs of the system and if you have not tested it yourself?

I do not believe that people would blindly follow a system even if they were told that it would bring them riches. I can give someone a trading system, I can supply him with exceptional hypothetical or actual results and still, he would not be able to follow it.

I remember giving my dad a fully-mechanical trading system I developed. I told him a few simple rules and I told him not to question them. All he had to do was to follow them. We both traded it for two months, I grew my small account by roughly 50% (it happened to be a good two months), but he was losing. He wondered why. I asked to see his trading records. When I looked at his trading records, I found that he kept disobeying the rules. When I asked him why he disobeyed them, he wanted to improve the results after it had a couple of losing trades. He was trying to improve the results. According to him, the system asked him to do what he thought was not right during certain market conditions, so he did not follow it. I found simple errors too, including opening trades at market price instead of waiting for buy and sell stop orders at support and resistance levels to get triggered. I also asked that he executes trades at the close, but oftentimes he traded two hours before or after the close at his discretion. There were many more rules he breached. He is a smart man: a former civil engineer and now a manager for a big organisation. Why could he not follow instructions? It is simple. He did not know the reasons behind the rules I had set and so he did not appreciate them. His money was on the line and after a series of losses, he lost faith in the system easier than I did because he did not develop and test it himself.

To overcome the hazards above, I see no way except for a trader to learn how to develop his own trading methodology. This is the only way a trader can know if a particular system or strategy is good or not.

Once a trader learns how to develop systems and strategies, he can then be better equipped to test them as well. By this point he might even find that he is better off using the system he created, because it becomes increasingly difficult to find another system more suited to his profit objectives while operating within his risk tolerance levels. It is likely that once he develops this level of competence, he will simply acquire other systems only to dissect them, grab the parts he likes and add them to his own system. To me, the irony is that for a trader to know which system to purchase, he must first learn how to create a system. And after knowing how to create a system, he will no longer have the need to buy one.

In conclusion then, I would have to say that if you are not inclined to learn how to develop your own trading methodology, then perhaps you should consider giving your money for someone else to invest. Give it to someone who is trading a system that he developed and tested himself because he is more likely to have the confidence and courage to follow his own set of rules.
« Last Edit: Nov 20, 2011, 08:36 PM by mikoangelo »


mikoangelo

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To Trade or Not to Trade...
by Jeff Clark

I was surrounded by brilliance last week.

At our annual subscriber Alliance Conference in Aspen, I got to hear from all the other editors employed by my publisher, Stansberry & Associates.

One by one they took the stage – folks like Steve Sjuggerud, Dan Ferris, and Matt Badiali. All of them spoke of their favorite investment ideas and all of them preached the virtue of long-term, value-oriented, “buy and hold” investing.

S&A founder Porter Stansberry delivered the most memorable line from the conference when he quipped, “Most people aren’t equipped with the emotion necessary to deal with fast gains.”

I totally agree with Porter. Most people, when fortunate enough to come into “fast money,” succumb to greed. They want more money and they want it faster. Traders who get on a hot streak are most susceptible to this. They start to feel flawless and indestructible. And just when they should be paring back their positions and taking money off the table, they resist the urge and let it ride. And then...

They blow up. They increase the size of their bets with visions of dollar signs and yachts in their eyes. They suffer the catastrophic loss that wipes out their accounts and forces them to swear off trading forever.

Yep. Most people are better off taking the advice of my fellow editors: Look for well-run companies trading at cheap prices... buy a few shares... and then hang on forever.

But here’s the deal… I love to trade. And I bet you do, too.

There are few hobbies more exciting than trading stocks, and there’s nothing like the thrill of buying a stock in the morning and then selling it in the afternoon for a handsome profit.

If you asked the question, “Would you rather make 50% in one week, or 100% in two years?” I’m confident most people would opt for the short-term gain.

You see, the problem with “buy and hold” investing is that most people aren’t equipped with the patience necessary for it. Most people want their stocks to move up immediately after they purchase them. Most people check the values of their “long term” holdings every week (if not daily), and grow frustrated if the portfolio isn’t increasing.

Quite a quandary, isn’t it? We’re not equipped with the emotions to trade and we don’t have the patience to invest.

So what’s the average person to do? How about a little of both?

Indeed, the most successful traders I know are the ones who take the bulk of their net worth and lock it up in long-term, value-oriented investments, then take a small portion and trade the heck out of it.

Not coincidentally, the most successful investors I know are the ones who satisfy their urge for short term trading by trading a small portion of their account while locking up the bulk of their net worth in long-term, value-oriented investments.

So… if you want to improve your results as a trader, put some money into a few of the long-term, value-oriented investment ideas offered by my fellow editors (I’m partial to the stuff Dan Ferris writes about in Extreme Value).

That’ll keep the bulk of your assets safe and avoid the possibility of blowing up your account. And you’ll enjoy the benefit of long-term compounding in your portfolio.

You can then satisfy your trading urge by trading a small portion of your account with a few of the ideas I write about in The S&A Short Report. That’ll help you resist the urge to trade out of your long-term positions just for the sake of doing something. And you’ll enjoy the possibility of “juicing up” your portfolio returns with a few successful trading ideas.

Not a bad compromise, if you ask me.


mikoangelo

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10 Rules
http://www.kirkreport.com

I’m always looking for ways to improve my trading and, in recent years, I’ve been reading more on applied sports psychology. The reason? The principles offered by many of those who study sports psychology can be applied directly to trading.

Dr. Bob Rotella is a famous sport psychologist for professional golfers (including Padraig Harrington). Recently he wrote an interesting article in Golf Digest offering 10 Rules to help golfers achieve better performance. The concepts outlined there are as helpful to a golfer looking to win as it is a trader looking to achieve peak performance in the market. To see what I mean - let’s review each of Bob’s 10 rules and my own interpretation of Bob’s comments as they relate directly to trading:

Rule 1: Believe you can win. If other traders can do well in the market, so can you. However, if you don’t have enough courage and confidence in yourself, you will never achieve success. The events over the past year have tested many people in this regard and some now think the game is rigged against them. Nothing could be farther from the truth as opportunities remain. Those who will win in the markets first start by believing they can do it. Then they back up that strong belief with serious hard-work and determination to find their trading edge. However, it starts with you first having faith in yourself.

Rule 2: Don’t be seduced by results. You must stay in the present and focused on executing each trade to the best of your ability. Don’t let yourself think about how much you’re going to win (or lose) in the market or how great of a trader you are or not, but instead focus on what matters most - each and every trade you make. Do that and the results will take care of themselves.

Rule 3: Sulking won’t get you anything. The worst thing you can do for your prospects of winning is to get down when things don’t go well. If you start feeling sorry for yourself or thinking the trading gods are conspiring against you, you’re not focused on the next trade. Good traders readily accept their mistakes and move on to the next trade. They don’t let one bad trade carry onto the next one.

Rule 4: Beat them with patience. Every time you have the urge to make an aggressive trade, go with the more conservative one. You’ll always be OK. The moment you get impatient, bad things happen. In tough markets, stay patient and let others beat themselves.

Rule 5: Ignore unsolicited advice
. You’ll have lots of well-meaning friends and experts who want to give you advice. Don’t accept it. In fact, stop them before they can say a word. Their comments will creep into your mind when you are trading and conflict with your own strategy. If you’ve worked on your game, commit to the plan and stay confident with it.

Rule 6: Embrace your personality. The key is to find what works best for you. There are many approaches out there, but there is only one trading approach that will utilize your best skills and talent to create and sustain an edge. The worst mistake you can make is to simply embrace a strategy of someone else that doesn’t match your own personality and strengths.

Rule 7: Have a routine to lean on. Every trader should follow a mental routine on every trade. It keeps you focused on what you have to do, and when the pressure is on, it helps you manage your nerves. You may not have control over the market, but you have control on how you trade the market. Having a routine will inject consistency that will keep you calm under pressure.

Rule 8: Find peace in the market. The market has to be your sanctuary, the thing you love, and you can’t be afraid of making mistakes. Yes, you’ll experience both good and bad times, but you must enjoy and revel in the challenge.

Rule 9: Test yourself. Don’t look for easy trades and setups at all times. Test yourself by working hard trades and difficult markets in order to test and improve your skills. For example, if you’re uncomfortable with trading options, spend a month just trading options. If you’re uncomfortable with shorting stocks, spend a month shorting stocks. We only get better if we constantly test what we think is most difficult.

Rule 10: Find someone who believes in you. Having confidence in yourself is important, but it helps to have someone who believes in you, too, whether it’s a spouse, a friend, a teacher, or a mentor. No man’s success can be entirely attributed to his own actions. You must surround yourself with people who believe in you at all times.

This is a powerful set of trading rules that will serve you well.

Goodluck  :thumbsup2


Ten_bagger

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 I like this thread...please keep on posting the best strategy....the market is too volatile for the moment and im accumulating cash on my income to load prior the dust in the market will settle. by the way here is my speculation, Europe crisis have three country at stake after Greece problem, Italy is next, after that Spain is on deck.  But wait there is more, After Europe debt crisis who is next? i think it is the land of the free-USA.their debt problem is also worsening... so there we go learning and adopting the strategy stated in this thread is worth a gain in your portfolio :rakenrol:. write your plan and work it out!


see you at the top...


reymme

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Guys try this link from pse baka makatulong for  http://www.pseacademy.com.ph/LM/investors~view/id-1311062677309/The_PSE_Trading_Process.html


Dodong_Pobre

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femmeandglam

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hi guys. tanong ko lang kung ano ba ang mas risky? mag invest sa stock market or sa forex market?
tsaka meron bang mga stock market sites/brokers na scam din like other forex brokers?


rzc24arcel

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This thread is a great resource for newbies. Great thanks to all contributors for showing us what to expect in this rough and exciting journey in trading stocks.


ferrariEverest

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^ femmeandglam,
RISK is a relative term.
so, nasa pananaw mo yan kung alin ang mas risky.
pag marunong ka na mag-trade, IMHO, wala na halos pinagkaiba ang stocks & forex. whichever u trade, u have to employ risk management.

tungkol sa scams, tingin ko, kahit saan/ano, may scams. go with reputable brokers. read broker reviews & try the broker platforms.


mikoangelo

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hi guys. tanong ko lang kung ano ba ang mas risky? mag invest sa stock market or sa forex market?
tsaka meron bang mga stock market sites/brokers na scam din like other forex brokers?

Almost same lang naman ang risk e.Nasa sayo naman na yan kung ganu ka kapursigidong matuto.And regarding naman sa stockbroker dito sa pinas,madami ng mga kilalang on line broker jan na siguradong hindi scam.

 :hello:

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What to Do While the Market Tanks
By John Rosevear


Why do market corrections upset us so much? We all know -- at some level -- that the market is bound to hit bumps on its march upward, and some of those bumps will be big ones. But even so, those sell offs tend to be white-knuckle heartburn-inducing rides. I think there are two big reasons why that's the case.

    Corrections tend to be fast and big. The market might spend a year going up 20% only to give up three quarters of that gain in a few trading days. The downward spikes happen so quickly that it's hard to avoid the fear that they'll keep going all the way to the bottom, even if we "know" that that's incredibly unlikely.

    We hate losses more than we like gains. This principle, which the pros call "loss aversion," is a cornerstone of behavioral finance and was demonstrated by Nobel laureate Daniel Kahneman and Amos Tversky in a famous (among finance geeks, anyway) 1979 paper. Research has shown that losses may have as much as twice the psychological power of equivalent gains -- in other words, the upset we'd get after losing half our portfolio is twice as big as the joy we'd get if our portfolio doubled. I don't quite understand how they measure it, but that sounds about right to me.

Put these two together, and what you get is this: When the market goes down hard, investors panic and sell, hoping to avoid further losses. Even if you know better, it's still tempting to sell -- I've done it, many pros have done it, and if you've been investing for any length of time, you've probably felt the urge to sell on dips like last week's -- even if you haven't actually sold.

Of course, selling on market dips is usually a bad idea, even if it is human nature. Not only do you lock in a loss, but you also pass up good buying opportunities. I probably have a dozen books on my shelves that quote Warren Buffett's famous dictum: "Be fearful when others are greedy, and be greedy only when others are fearful."

One reason Buffett's a multibillionaire while most of us aren't is that he has been able to hold on to his hat, swallow his emotions, and approach market dips rationally. He's one of many savvy value investors who buy up those good stocks that we've rushed to sell -- and then make a bundle during the recoveries that follow.

How might we join them?

Grab an umbrella

It's best to think of a correction as a passing storm. You don't abandon your beach holiday and go home when a thunderstorm hits, do you?

Here are some things to keep in mind when squalls hit the market.

    Don't panic. The market has always recovered. Odds are high that it'll recover this time, too. Remember that your investment horizon is years away, and corrections are often over and gone in a few weeks -- and remember that you're wired to panic when you see losses, even "paper" losses. Unless your reason for owning a stock has fundamentally changed, there's no good reason to sell -- even if the dip drags on for several months.

    Remember that corrections often bounce. Sometimes, recoveries happen more quickly than the correction did -- and even during the correction, prices will bounce up and down. Selling might increase your distress when you see prices recover a few days or weeks later.

    Look for buying opportunities. It goes against our natures to plow more money into the market when things are looking bad, but ... well, see that Warren Buffett quote above. For a buyer, a correction means that stocks are on a storewide sale. So take a look at your favorite stocks and see whether you can grab some bargains. Sure, they might go lower -- but even if you don't get the lowest price, you can still set yourself up for good long-term gains.

If all else fails, just go to the beach. Or the lake, or the mountains, or the ice cream shop, or the library, or wherever you go when you're taking some time for yourself. Seriously: If you're fully invested in good stocks, there's really no need to do anything. Turn off your computer, skip your nightly date with CNBC, and use the business section of the Sunday paper to line the bird cage this week. If you built your portfolio using sound investment principles, those principles are still sound, even if Ms. Market is having a tough month. Have the confidence to walk away from it, and let Ms. Market work out his indigestion on his own.
« Last Edit: Nov 27, 2011, 08:05 PM by mikoangelo »


ryanmax

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Ask ko lang nag buy ako ng MHC stocks with the price of .65 for 50,000 units sa off hours trade pero pag check ko ng citisec account ko nabigyan lang ako ng 3000 units. Talaga bang  ngyayari yung ganito? talo lang tuloy ako sa commission..


mikoangelo

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Whole trading hours di nahit bid mo?

POssible yun...Kung walang willing sellers,di talga mahihit bid mo...

Saka payo ko lang,if possible,iwasan mo ang off hours trade,medyo delikado...Tapos

speculative pa yung binibili mo.. :hello:




akoni

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Thanks sa info Miko, by the way may isa rin akong speculative stock, natamaan ako sa BPI, nabili ko 58/share, ngayon babang baba. mas lalo pa seguro yan bukas.

nakakatuwa din itong online,  naalala ko tuloy noong nag aalaga pa ako ng isda sa aquarium, araw2x pagka gising tingin kaagad sa aquarium kung ano  na nangyari, parang ganito din ang feeling ngayon, babang-baba ang stock na nabili ay para narin namatayan ka ng isang isda sa aquarium, hahaha!!!

just sharing, k gudnyt PMTers!


fvendiola

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Ask ko lang nag buy ako ng MHC stocks with the price of .65 for 50,000 units sa off hours trade pero pag check ko ng citisec account ko nabigyan lang ako ng 3000 units. Talaga bang  ngyayari yung ganito? talo lang tuloy ako sa commission..



LOL! Ikaw pala yun.. :)
I think you did well pa rin naman, at least in terms of gastos, kasi you bought it at it's lowest for today at nagiisa ka.. And MHC ended 3% higher sa buying price mo.. which is 0.67.. haha!


mikoangelo

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nice fvendiola,nakita mo pa yan,hehe  :cool2:... nag iisa nga siya dun,at the lowest pa,at least db..

@akoni,medyo mataas pa nga yung pagkakabili mo ng bpi.Nina pumasok na din ako sa BPI medyo mababa nga lang entry price ko,nasa 52s level..Don't worry, BPI is a Blue Chip,aakyat din yan,di nga lang alam kailan  :hihi:..Nina ang taas ng volume niya so somethings brewing..I hope positive   :angel: :angel:


 


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