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highyield

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mrbig86
mrbig86

I'm a proponent of buying stocks from PSEi (index) - that includes SM investments Corp (SM).   In a perfect world - free of pandemic, It's a good time to buy SM around May or June, then sell mid-4Q.

rooster69ph
rooster69ph

px

rooster69ph
rooster69ph

Usually what happens is that share price would normally go up prior to the announcement of dividends as people tend to speculate the dividend to be declared (either stock or cash). Subsequently, you'

The Specialist Mentor

The Specialist

Posted
Posted (edited)

This post, is again not for all: Only for those who want to have a great performance in the market. 

I can't recall if I shared this information already in the past. But in every aspect in life, there is a rule that I follow.

It is, when I want to learn something, or probably get information that I need. I always try to learn from the best.

Having a very simple mindset in mind, shared by the elders, "being with or learning with 5 wises persons in the room, could make you the 6th". 

 

Re: the latest youtubers, (jtrade, palaboy trader, money & chi and tito vlogs). All i can say is, they have potentials for a being a youtuber (madaldal e, using sweet and enticing words, a must naman sa gantong field). But in terms of highest form of standard in learning the markets, for me, "nahh". 😅 

I didn't say this, just to mock the person/s involved btw. But if you really know how to filter the good from the bad investors/traders in the market. There are only two vital categories. 

1. How they managed their risk. (proof of how they managed their losses)

2. Trading/investing results. (proof of profitability).

And if you look carefully on the above mentioned names, how they are doing?? Any idea? 

Example: in this video of money &chi with Jtrades

at 1:25:20 (timestamp); he mentioned that he will join the investacup, which is a barometer of a person's trading skills. Since this was a trading contest. I don't personally knew him, or have an idea if he officially joined the cup. But when looking at 2020/2021 investacup results; his name is not to be found. 😅

I attended the 2020 investacup panel discussions (invited by a trader friend who's a member of the top 10 that time). Even on 2021 investacup, his not on the list. In short, olats.

He claims that he uses, elliot wave in his trading. (Pero ang nakita ko lang ginawa nya ay plinot yung line sa price, then nilagyan ng letter). 😅 Kawawa naman nauto neto.

For comparison; try to watch Javi Medina's work/discussion applying elliot, and you will see the big difference.

He's a fund manager who's using the same form of technique/strategy in the market that shows results. An elliot wave practitioner,  investacup champion and a member of top ten in the following  investacup, COL's FM, Founder of Open journal.

If this isn't enough good results, for you. Check USIC current list (a real money trading competition in the US; where some of the great traders are known for)

Here: his at 20,000 usd division; 4th place and contest is still ongoing.

https://financial-competitions.com/

 

Other Elliot Wave Practitioner I know were, Roy lacsamana (Javi's Teacher), Juanis Barredo (Javi's Teacher), Jojo Gaston (BOH Teacher).

P.S. I'm not an Elliot wave practitioner. Just stating facts and credible information. Again, quality learning is different from being entertained.

Edited by The Specialist
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The Specialist Mentor

The Specialist

Posted
Posted (edited)
On 4/5/2024 at 9:39 AM, The Specialist said:

re: the recent reco. Here's my thoughts.

 

Screenshot_2024-04-05-09-37-19-01_5142e07778d0ae617ab29457b13d498c.jpg

Update: Since I've shown my entries and exit point in here. Might as well, show the rest of the transactions made on the stock. 

Here you go: 

legends: up arrows - bought; down arrows - slice/sold (may it be partial position/ or i cut my recent add).

 

4 core stock holding of mine as of this writing: PLUS, ICT, CNVRG, and MBT. (Which I think the leaders of the market. I might be wrong on this though which is alright. OGK)

Recent bought position today: $MWC @27.20.

 

PSE_PLUS-1725595476.jpg

 

P.S. Ito lang yung waves na alam ko. Riding the waves! 

For any questions about my $plus trade, don't pm me. Just quote and reply

Edited by The Specialist
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GalawangMovement Contributor

GalawangMovement

Posted
Posted
On 9/5/2024 at 10:29 AM, The Specialist said:

This post, is again not for all: Only for those who want to have a great performance in the market. 😅 

 

 

I very much agree with this. Madami talaga guru wannabees sa internet. Meron naman nagpapakita ng results lang pag bull market tas nahahibernate pag bear. Best thing to do is follow those na present bull man o bear market (with results of course) tas alam mo nagwowork yung system nila. Trading is more on mind setting as to technicals. Madaming magaling sa technicals pero hindi lahat matatag ang trading psychology. 

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GalawangMovement Contributor

GalawangMovement

Posted
Posted
On 9/4/2024 at 10:03 PM, martbogard said:

Pandemic days active na active yung mga vlogs nila. Dami ko rin natutunan to all of them. In addition, sina Money & Chi and Gandah Koh ng Trader's Den. 

Grabe yung ulan ng pera nung 2020 to early 2021. Lahat sagana. Tapos nasuspend yung AR(marked safe haha) and the rest is history na. Switch to crypto and never looked back. 

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The Specialist Mentor

The Specialist

Posted
Posted (edited)
4 hours ago, GalawangMovement said:

I very much agree with this. Madami talaga guru wannabees sa internet. Meron naman nagpapakita ng results lang pag bull market tas nahahibernate pag bear. Best thing to do is follow those na present bull man o bear market (with results of course) tas alam mo nagwowork yung system nila. Trading is more on mind setting as to technicals. Madaming magaling sa technicals pero hindi lahat matatag ang trading psychology. 

Yeah, madami talagang guru wanna be everywhere. For the reason that we may possibly know and we might not know.

Hence, I have enumerated the must qualities of a good teacher or a good follow, to look for. That will set apart from great traders vs the "others".

In reality, kaya lang naman gusto ng mga tao yung mga finofollow nila ay dahil sa reco. Mga tamad e. hahaha! Mindset nila rito, "uy, work smart". Biruin mo susundin ko lang yung reco kikita na ng pera. Tapos pag nalugi, iiyak, ibabash yung guru nila, tas maninisi (ex. bobo kasi neto ni trading guru, bulok nung broker ko, bulok nung buy reco ni col at kung anu mang broker.) Which in reality, yung tao yung sumunod dun, di naman sila pinilit. Sila rin naman pumindot ng buy and sell button.  Hahaha!

 

#########

Trading requires a combination of skills. Your correct, having a good mindset/trading psychology is a part of it. Another is a verified trading system that works overtime (no matter how good is the trading system, it doesn't work each and every time).

Hence, another trading skillset required "to be a good risk manager". Since if your system doesn't work everytime, you must know how to manage your risk on the down/up side. If you don't have this skillset for sure "ubos".

Then, comes some factor like being optimistic, humility,undying discipline , patient (when to trade/when not to trade), resourceful, and diligent to do (market scans, analysis, trade plan, determination of theme of the market and etc).

Lastly, experienced. Being exposed in each and every market cycles like bull/bear/sideways market really helps. For me, I recommend atleast 3-4 market cycles experienced.

To summarize: Everyone wants to perform and earn huge money in the markets. But not everyone are willing to do what is necessary.

This are some of the skills I can think of right now. But of course there are anything else. 

Here's what a 3 time USIC champ says; No other than David Ryan:

https://youtu.be/1UGvxhi-OlI?si=vcWPRaQydYoA0MrG

Edited by The Specialist
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