
Originally Posted by
makie
Started trading last December. Theoretically, naa koy basic idea about the stock market and technical analysis because I was reading books and articles before trading. Nagduwa pud ko ug simulation game which gave me an idea on how trading really works. But the real thing is different from the game. Lack of experience plus a bad market resulted to losses. The market started to go sour because of the chaos all over the world (Libya and Egypt to name a few) and since kulang akong experience, almost 40% of my portfolio was wiped out. Though losing, I kept on reminding myself that it was the price that I should pay in order to understand how the stock market really works. Continue ko ug basa ug pangutana sa mga experienced traders. After 7 months, I was able to make up 35% of my losses in just 2 weeks.
Some of the best trades that I had (sa ako lang mahinumdum):
SMP - more than 500% in 8 days. Pure sugal ni and I just realized it now nga kasabot na ko sa market. Mao diay sige ug badlong ang mga experienced na kaayo diri kay wa gyud diay ni unod nga stock technically.
PWR and NI - More than 25% in just 2 days
ORE, NI, LC - More than 20% in less than a week and currently holding
Knowledge and experience are very important. Dapat naa gyud na ang duha to come up with a good decision. Guts ug patience pud importante kaayo.