sold PO @ a gain...
bro ep..gi try nako 2ng 1% gain per day
haha grabeh tinutokay..naka exit ko 6.95..sayo ra da. PO
Guys, just to share my views on speculative trading, a lot of traders get caught up in the euphoria of quick gains, like 5 or even 10% in one or two trading days. Yes, we've seen that happen, but remember guys, the stocks that do this without fundamental basis are just as easily going to do 5 or 10% in the other direction, usually faster pa jud. That is why I love trading on fundamentals. Every now and then, I enjoy sudden jumps like what you're seeing in PO and other hot speculative plays. But the corrections are seldom and the trends are longer. Look at URC today for example. It just jumped 10.51% or didn't you notice?
If you ride the longer wave, you pay less in commissions and make less mistakes. Believe me, I've been a speculative trader myself, probably more than you guys ever will be. I've made thousands and lost thousands in seconds. I've done that.
Look at TEL chart guys. You don't hear people raving about this stock but its gains are just as dramatic. Another group is the EDC, FGEN, and FPH lineup. I've trumpeted these stocks and they've really made dramatic gains jud. Wala lang kaayo dungog, coz slow and steady ra man. Naa pa jud dividends! These are the unsexy stocks that make me enjoy solid gains every month.
I love technical trading guys, it's just too much fun. But don't live by it. Sharing my view lang.
thanks sa view sir vondave.. na excited lng cguro.. hehe
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