Trading the Philippine Stock Market

[redhorse1L]

^^ Thanks for the tip bro.
I might just lower my TP for this.
Currently, ni-gain naman hinuon ni ug 4.6%. So better exit early than suffer loss.

[redhorse1L]

naa sad ko meg mga bro, correction raman daw ni. no need to worry pero kulba gihapon ehehhe

libog lagi ta usahay. COL's FV of MEG is 2.45 and buy is maintained.
Asa kaha tinuod aneh.. hehehe

[vondave]

libog lagi ta usahay. COL's FV of MEG is 2.45 and buy is maintained.
Asa kaha tinuod aneh.. hehehe

Well if you ask me bai, if you'll refer to COL's reports, please ignore their technicals. Their analysts read charts wrong. I often disagree with their readings. Their fundamentals are better. I think you can refer to them with fair reliability bai. Naa lang ko bias for ATR's fundamental reports. In fairness, ATR's technical reports are worthless pud, hahaha. Better to check absolute traders website. Better chart analysis there although sometimes, even among their group, they don't agree. So that's that.

In the end, read reports from multiple sources and make your own educated decisions based on them. For technicals, better to read basic chart patterns yourself and trust your own eyes. Trends are the easiest to spot anyway. Good luck bai.

[vondave]

Guys, if you want a pdf file of Alexander Elder's Trading for a Living, just PM mi your email address and I can forward it. Problem lang is it's 10.2MB so your email has to be able to accept it. Google or yahoo mail should be fine I think.

This a great reference for chartists and the first chapters of market psychology is an absolute joy to read.

[MoD]

good info bro vondave... same diay ta ani redhorse.. hehe.. paksit pud ko sa meg.. lol.. anyways ok lng...

[redhorse1L]

^^ Hehe. klasmet jud ta MoD.
Basin early exit nalang jud ko sa MEG. The pattern displayed Bearish Dark Cloud. So, delikado neh mona-ug samot ugma.

Anyways, maayo unta makakuha pa ko ginansya aneh. hehehe

[dalmacio]

dark cloud gyud ang MEG bro. a pattern of reversal. dats y i sold my position ganiha at a modest 4.55% gain.

delikado pod ang PSEi for the days to come kay ni form ni cya 2day ug shooting star. a possible reversal. it fails to sustain its upward momentum.

[entrepreneur101]

There's a lot of people here in my office who are clueless about stocks bai so consider yourself blessed that you are on your way to learning already. Those aren't stocks I am interested in but whatever your system is, the important thing lang is you keep refining it and be comfortable with it. At least gani bai, you're coming into the market at a bullish period. Ako, when I joined, bagsak dayon from the financial crisis and I lost a lot of money right away. On MEG pa jud.

I had bought it at 3.3 before. After a month of consolidating and making some small gains, the crisis came and MEG fell steadily until it reached .48 I think. It was horrible. Sakit kaayo nga tuition fee.

But I smarted up and didn't give up. I read and studied a lot since then. I still am. Keep going lang jud bai. The money and capital will come.

ka remember pud ko ani sir hahaha katawa lng ko 2008 first trade BPC pato LPZ naron
hots lagi walay alam dritso lng palit oct gyud to pdng na down ang market
tuition fee in 3 days 100k paksit, sukad ato wala nko m trade
this year nko nka balik, pero n basa nko books/forums still learning ghapon =)

mga bro/sis kinsa mo adto oct2 seminar mag abot nya ta usa lng ta ka table didto
para dli au ulaw hehe

[innosoftcebu]

Thats why it is important that you know the trend. Stick to it, make sure also when you enter there are no concurrent trend reversal pattern. TA is very important.

ka remember pud ko ani sir hahaha katawa lng ko 2008 first trade BPC pato LPZ naron
hots lagi walay alam dritso lng palit oct gyud to pdng na down ang market
tuition fee in 3 days 100k paksit, sukad ato wala nko m trade
this year nko nka balik, pero n basa nko books/forums still learning ghapon =)

mga bro/sis kinsa mo adto oct2 seminar mag abot nya ta usa lng ta ka table didto
para dli au ulaw hehe

[spintex]

vondave your post is very very very encouraging specialy to newbie like me nga wala gyud nahibaw an sa stock nag open ko accnt sa ctsec aron lang gyud makahibalo ko ani heee

There's a lot of people here in my office who are clueless about stocks bai so consider yourself blessed that you are on your way to learning already. Those aren't stocks I am interested in but whatever your system is, the important thing lang is you keep refining it and be comfortable with it. At least gani bai, you're coming into the market at a bullish period. Ako, when I joined, bagsak dayon from the financial crisis and I lost a lot of money right away. On MEG pa jud.

I had bought it at 3.3 before. After a month of consolidating and making some small gains, the crisis came and MEG fell steadily until it reached .48 I think. It was horrible. Sakit kaayo nga tuition fee.

But I smarted up and didn't give up. I read and studied a lot since then. I still am. Keep going lang jud bai. The money and capital will come.