Trading the Philippine Stock Market

[vondave]

murag nindot ni sundon imo principles bai da! hehehe.

e apply unya nako ni nga approach: 20% Commercial Industrial, 20% Financials, 10% Mining

thanks

Wait bai!!!! kana nga breakdown, those are just theoretical ha. I don't know the exact makeup of PSE index. I need to check pa. I just gave random numbers to illustrate the concept.

[techguys]

no probs bai, mao sad na ako nabasahan sa traderspizza nga kusog karun ang commercial/industrial, services and financial pero ang mining kay maoy hinay.

Wait bai!!!! kana nga breakdown, those are just theoretical ha. I don't know the exact makeup of PSE index. I need to check pa. I just gave random numbers to illustrate the concept.

[vondave]

Grabeha sa Sept. oi! Good start. First two days pa lang gani, I got 10k plus gain na dayon overall! Hahaay, I'm sure ugma, there will be strong profit-taking pressure so mutagak ra ghapon ni, hehe. But I'll stay invested even then.

Say no to drugs. Say no to market timing. hahaha.

[vondave]

no probs bai, mao sad na ako nabasahan sa traderspizza nga kusog karun ang commercial/industrial, services and financial pero ang mining kay maoy hinay.

Bai, my trading plan may be able to give you some guidance on that question you raised. See this link:

Yaman Yabang: My evolving trading system

Hope this helps.

[techguys]

@ vondave: unsa imo style? palit lang ng palit or mubaligya sad ka stocks every month? dakoa diay nimo investment no.

Grabeha sa Sept. oi! Good start. First two days pa lang gani, I got 10k plus gain na dayon overall! Hahaay, I'm sure ugma, there will be strong profit-taking pressure so mutagak ra ghapon ni, hehe. But I'll stay invested even then.

Say no to drugs. Say no to market timing. hahaha.

[miyay]

@vondave, on IPOs, how many days or weeks after the IPO will the stock price stabilize?

[vondave]

@vondave, on IPOs, how many days or weeks after the IPO will the stock price stabilize?

Usually, mga 2 months after, mu-stabilize na na. Within those first two months, as to what the stock does, it's anybody's guess, coz there is no trend or pattern that you can read. Even hardcore technical traders I know stay away from IPOs. Wala man gud siya price history and chart that you can read to make any meaningful prediction on future price movement. Pwede siguro kung candlestick fanatic ka but day to day trending ra imo ma-predict at most so much harder to make any meaningful gain coz of slippage.

[vondave]

@ vondave: unsa imo style? palit lang ng palit or mubaligya sad ka stocks every month? dakoa diay nimo investment no.

Not regularly bai. You'd be surprised how little I actually buy and sell. I buy stocks kung 'buy' rating siya sa broker reports then I just note the target price and calculate my cutloss level based on technicals. Usually, I place my stoploss just below the trendline. Again, diskarte ra ni bai.

For example ha, sa Aboitiz Power (AP), I started buying it pag Feb lang this year (although I traded this stock 2 years ago pud) coz ATR recommended it and I like power companies especially pa kay Aboitiz companies are well managed. Then price steadily went up. I kept adding more AP stock when the price would dip near support line. Right now the target price is 21 so when it reaches that or near that, I'll probably be selling it. Actually karon, gahuwat lang ko mu-rebound siya (and it seems to be starting already), then I'll dump all my AP shares coz dako na kaayo siya sa ako portfolio. Duol na sad kaayo siya sa target price.

After I do that, I'll transfer my money into positions I already have on EDC, FPH, and FGEN. Plus UBP(swing trade nga financial) and SCC (swing trade nga mining).

Mahug bai nga in some months, I don't actually sell anything, maybe mupalit lang ko kung naa ko extra money.

[techguys]

^ thanks bai.

[vondave]

@ vondave: unsa imo style? palit lang ng palit or mubaligya sad ka stocks every month? dakoa diay nimo investment no.

When I first started trading seriously bai, I would only buy stocks nga minimum board lot ra jud coz mao ra man ako ma-afford. So every stock nako was worth only 3k or less. Mahalan na gud ko adto sauna kung ang stock was priced above 5k ang 1 boardlot.

Now bai, ni-abot na ko sa point nga ang smallest stock holding nako is worth 25k (SCC) and my biggest is 100k (AP). I only hold 6 or so stocks ra man jud at any one time that's why managko na jud tanan. This is the result of hago bai from studying hard and reading a lot of books. Ask me again by end of 2012 coz my high target is to finally reach my first million peso mark. Even if miss my target, I might get 700 to 900k di ba?

I recently broke 250k na man last month. Hinay hinay lang. As to how much I deposit to my account every month, it varies wildly. Some months, I don't deposit anything (last July gani, gikuhaan pa nako ako account kay nibayad ko'g bill nya nahutdan ko'g cash) But average ko'g around 10k deposit sa citiseconline account nako every month.

Right now bai, my portfolio is at P277,092. P207,271 of that is actual investment then P58,962 is gain. So my net gain as of today is 33.69%. (Gamay ra na considering 2 years nako unta ga-trade but I only got really good results starting mga 6 months ago when I stopped speculative trading).

33.69% sounds impressive now but it gets better bai. Coz if I follow my plan and my projections, by end of 2012, if I can maintain an average gain of 6% per month, I will have roughly 1 million for my total portfolio and only P400,000 of that is actual money invested, the 600,000 is gain. That's compound interest at work bai.

By the time i get to 2 million, my investment will only be 700,000 and P1.3M is gain forfor a gain of roughly 180%. At some point in the future bai, I will stop depositing money into my account coz mura'g wa na lang siya compared to the monthly gain.

At least those are the projections. The reason why I am so into this bai is because I can see clearly where I'm going and I like what I'm seeing. I don't count the pesos mainly bai. I count the % values of my gains. That's why I love tracking my money, coz I see where I will be if I can keep my performance level consistent.

I hope i don't sound hambugero bai. I only share these coz I'm really passionate about stock trading and I want to inspire others. It's absolutely incredible that you can earn money by not really doing any hard work -- just by using your gray matter between your ears and all in your spare time.

Wa bitaw ko kasabot ngano not more people are into this here in the Philippines. Kalimti na ninyo nang mga networking oi or lotto. Mas klaro ni. Legal pa.