Trading the Philippine Stock Market

[redhorse1L]

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.

Sakto jud ka bro..
Mga first liner stocks, mao nang maka-relax jud ka..

Matod pa ni boss andrei, ang mga 3rd liner stocks (PO, PX, .. ) yung ang mga minumura..
hehehe.. saka kalit naug kalit..

[epgarias]

Bro Ep, guys, just look at the fli board right now. There is massive support at 1.36 and 1.35 (usa na ko ana diha, hehe). And if you look at the chart, FLI is right at the trendline right now. This is where the battle line has been drawn. The bulls are holding their ground but so far, there is reluctance to push FLI up. They're just holding the line.

Yes, on fundamentals, nothing has changed for FLI. ATR Kim Eng's TP is still 1.5. This is just profit-taking guys. They're paying commissions to their brokers, hehe. I'm staying put. PIP is also down, but I'm staying put. Can't buy more of PIP lang coz I'll mess up my allocations. But I've been posting buy orders everywhere else. So far, none have been matched. There is support in the market. Don't get too caught up in all the red you're seeing. Look at the big picture guys. Diri jud na makita ang katag kung magdugo.

If you really look at it, wala ra ni oi. I think many of us are getting spoiled by this bull run and get rattled too quickly when seeing red. Calm and patience guys. Thanks.

Agreed.. But before ni siya musaka kay it still needs some more time to consolidate.. Right now that healthy correction was expected.. Hold lang jud ta ani niya mga bro.. Thats where our patience is needed..

[epgarias]

bro ep..gi try nako 2ng 1% gain per day

nice.. keep it up in one month kay naa naka around 20% gain ana.. if mglisod atleast 5% overall portfolio gain lang jud per week..

[vondave]

Bro inspired ko sa imo approach sa market about value investing.. I will try buy and hold some of my stocks while swing trading the rest.. Keep it up on updating your blog..

Thanks bro. You probably don't know this, but I actually read Tsupitero's reports regularly. It gets to a point na man gud that I can read the ambiguity and subjectiveness of TA as a whole na. I've become jaded. I still believe in its uses like in timing entries, but TA as a whole is never predictive, it is will always remain reactionary. You rely on confirmation from breakouts but by then, you're too late. The fundamental traders meanwhile are already selling na. hehe.

Ako sad bali bro. I'm more fundamental but I've set aside an allocation for swing trading. Nibalik ko ug duwa, gamay ra nuon. It's really fun to chase short quick gains pud. Mura'g quickie. Thrilling, hehe.

[MoD]

Thanks bro. You probably don't know this, but I actually read Tsupitero's reports regularly. It gets to a point na man gud that I can read the ambiguity and subjectiveness of TA as a whole na. I've become jaded. I still believe in its uses like in timing entries, but TA as a whole is never predictive, it is will always remain reactionary. You rely on confirmation from breakouts but by then, you're too late. The fundamental traders meanwhile are already selling na. hehe.

Ako sad bali bro. I'm more fundamental but I've set aside an allocation for swing trading. Nibalik ko ug duwa, gamay ra nuon. It's really fun to chase short quick gains pud. Mura'g quickie. Thrilling, hehe.

hehehe.. quickie at the parking lot.. ahaha

anyways.. mao ang suggest sa amoa bro.. kay 60%-70% core stocks the 30% for swing trade or momentum trading... combination sa duha as what you did sir vondave mas dako tingali gains.. sa akong part di ko long investment kay short sa capital.. i only have 10k.. ahahaha,,, kaya momentum trading lng sa.. if naa nako mga 100k.. mag long term napud ko..

akong sis mu invest napud cya this month.. ni suggest lng ko na EIP na lng cya para long termer.. kay di cya ka monitor.. and guess what.. ma una pa to cya mu ato nako.. ahhaa. kay dako cya capital..

[vondave]

Sakto jud ka bro..
Mga first liner stocks, mao nang maka-relax jud ka..

Matod pa ni boss andrei, ang mga 3rd liner stocks (PO, PX, .. ) yung ang mga minumura..
hehehe.. saka kalit naug kalit..

Kinaon na nako saun bro, mga basura stocks, hehe. Lingaw jud na. Ok ra ko ana, panagsaan na lang karon.

[vondave]

hehehe.. quickie at the parking lot.. ahaha

anyways.. mao ang suggest sa amoa bro.. kay 60%-70% core stocks the 30% for swing trade or momentum trading... combination sa duha as what you did sir vondave mas dako tingali gains.. sa akong part di ko long investment kay short sa capital.. i only have 10k.. ahahaha,,, kaya momentum trading lng sa.. if naa nako mga 100k.. mag long term napud ko..

akong sis mu invest napud cya this month.. ni suggest lng ko na EIP na lng cya para long termer.. kay di cya ka monitor.. and guess what.. ma una pa to cya mu ato nako.. ahhaa. kay dako cya capital..

ya, that's understandable bro, to take more risk coz gamay pa capital. besides, dili ka kabuhat ug real portfolio ug proper diversification ana nga capital. Not yet. But I started out ing-ana ra kadako. Mudako jud na bro, believe it lang jud.

[neshem]

what a day..grabeh tutok sa comp...
gain 19.7% sa PO...balik ko palit @ 7.1 sa last minute.
set kog cutloss 3% sa monday..i guess ok na nga trade plan.

time to eat na!

[MoD]

what a day..grabeh tutok sa comp...
gain 19.7% sa PO...balik ko palit @ 7.1 sa last minute.
set kog cutloss 3% sa monday..i guess ok na nga trade plan.

time to eat na!

dakoa ug ginansya brad.. hehe.. congrats.... gap up gap up unta sa lunes..

[neshem]

dakoa ug ginansya brad.. hehe.. congrats.... gap up gap up unta sa lunes..

30% ra na sko fund bro, mao ra na ako pang day/swing trade. ikatulo man cguro ko gnha nag buy and sell..og ikadaghan nag cancel sa order. grabeh ka suspense lagi. survive ra pod..gratz pod nimo. pag mo gap up pa ni sa monday abot jud ni 8 kapin or 9..d nko mohulat 10 if ever.hehe

para sa mga momentum trader, check apc..1st day.

sa blue chip nagbantay ko sa pnb but mi hold man sa 65. minaog gamay sa 64 pero misaka na balik.
sa fph nangita pag timing.