This will be the second time that I will be partaking to a part time commitment of showing my portfolio as to its profits and losses over varying points in time that had and still is ensuing through my current personal research in certain approaches in making a few bucks in the PSE.
As had been in my previous website, it was meant to be a daily updates of my tradings in the local bourse. But it was clearly close to suicidal to pursue such commitments of daily exchanges and that I had never had the surplus to take into seriously (as to receiving and adding more positions to a losing trade or otherwise plainly just cutting loss when it hit a certain point in the TA--and taking the remaining marred cash to a certain 'new security' or may I say to a 'new speculation').
I had nothing against the highly rated and most used fibonacci retracements and RSIs and bright Martin Pring concepts that I had read and studied multiple times over; perhaps I am still practicing it to support my ever struggling and current speculative portfolio of at least less than a 100,000 Php. (see the link: MY INDICES PERFORMANCE>Portfolios)
For the knowledge of the reader, I had started actively trading year 2011, and currently still endeavouring to make a change in my 'investment' approach.
Trading and investing is always and similar in the case of a puerile self-proclaimed investor. However, it is not the case when I started reading and applying some lessons that I learned from great value investors. Certain aspects of it was knowing first the company behind (qualitative analysis) and then reading its balance sheets (quantitative analysis).
More of what is said can be researched under google by the aforementioned investing approach. For me, it is a new light that I may well devote time to prior to engaging more into 'investing' more into these junior securities.
In this simple non-idealistic website, I had included my long held speculation juxtapose to my newly applied value invested approach.
I can't definitely prove in such a short time of reading through certain value concepts that I may be successful right away. However, I am more inclined to start the journey of learning more in the other side of the crowd. It is just that I may not be able to apply Steinhardt's concept of "selling the entire portfolio" to have a fresh start as a value investor. It is just that at this point of time that I have the conviction that the manic-depressive media may come to life and ergo let my short comings in the pigeon hole let out eventually--this may not be the case of value investor readers and I must apologize.
The title of this website is for my approach to the market that I am starting to do. It is only by certain period of time that I will be buying and selling these junior securities and that's how it is suppose to be that I had learned to ignore my flimsy mindset of accepting losses and paying premiums through joining the mood of the index movements in which way it may bring me in each trading day.
"Do the difficult things while they are easy and do the great things while they are small. A journey of a thousand miles must begin with a single step." Lao Tzu
M.Y.
November 15, 2013
Image reference/source:
1. "The Philippine Stock Exchange Inc." Pse.com.ph. November 15, 2013. <http://pse.com.ph/stockMarket/home.html.>
As had been in my previous website, it was meant to be a daily updates of my tradings in the local bourse. But it was clearly close to suicidal to pursue such commitments of daily exchanges and that I had never had the surplus to take into seriously (as to receiving and adding more positions to a losing trade or otherwise plainly just cutting loss when it hit a certain point in the TA--and taking the remaining marred cash to a certain 'new security' or may I say to a 'new speculation').
I had nothing against the highly rated and most used fibonacci retracements and RSIs and bright Martin Pring concepts that I had read and studied multiple times over; perhaps I am still practicing it to support my ever struggling and current speculative portfolio of at least less than a 100,000 Php. (see the link: MY INDICES PERFORMANCE>Portfolios)
For the knowledge of the reader, I had started actively trading year 2011, and currently still endeavouring to make a change in my 'investment' approach.
Trading and investing is always and similar in the case of a puerile self-proclaimed investor. However, it is not the case when I started reading and applying some lessons that I learned from great value investors. Certain aspects of it was knowing first the company behind (qualitative analysis) and then reading its balance sheets (quantitative analysis).
More of what is said can be researched under google by the aforementioned investing approach. For me, it is a new light that I may well devote time to prior to engaging more into 'investing' more into these junior securities.
In this simple non-idealistic website, I had included my long held speculation juxtapose to my newly applied value invested approach.
I can't definitely prove in such a short time of reading through certain value concepts that I may be successful right away. However, I am more inclined to start the journey of learning more in the other side of the crowd. It is just that I may not be able to apply Steinhardt's concept of "selling the entire portfolio" to have a fresh start as a value investor. It is just that at this point of time that I have the conviction that the manic-depressive media may come to life and ergo let my short comings in the pigeon hole let out eventually--this may not be the case of value investor readers and I must apologize.
The title of this website is for my approach to the market that I am starting to do. It is only by certain period of time that I will be buying and selling these junior securities and that's how it is suppose to be that I had learned to ignore my flimsy mindset of accepting losses and paying premiums through joining the mood of the index movements in which way it may bring me in each trading day.
"Do the difficult things while they are easy and do the great things while they are small. A journey of a thousand miles must begin with a single step." Lao Tzu
M.Y.
November 15, 2013
Image reference/source:
1. "The Philippine Stock Exchange Inc." Pse.com.ph. November 15, 2013. <http://pse.com.ph/stockMarket/home.html.>