Retire Rich

1. Investments ideas I added to build my portfolio over the span of almost 6 years investing in the Philippine stock market.
2. Stocks Trading
3. Dividend Play
4. Marge
5. Portfolio build-up and many more.

Hello Traders, welcome back to our channel, in this video, I'll share my trading set-up, (hindi trading strategy)but the computer setup I used in stocks trading and creating videos for this channel. 

Pero bago yan, let' me throw the intro para todo.   

This setup was not built overnight. This is an accumulation over time. Most of the items were already with me for a few years except for a few new additions. This video is not sponsored by any of the brands I mentioned. However, I provided links to all the items in the description box below. If you click the link and buy any of these items I will earn a little commission at no additional cost from your end. 

The first item in this setup is the white table that I used right now. I bought this table from Ikea for less than 10 Dinars in 2019. This table has adjustable legs where I can adjust the height I want. But this is adjusted manually. This is not an electronically controlled height adjusting table. That's something expensive. 

Now let's go to the monitor I used. Currently, I'm using a 27 inch HP, Full HD as my primary monitor. This monitor was a gift from a friend. It costs around 200 dollars brand new.

Anyway, next up is the mouse and keyboard. I currently used a Bluetooth keyboard and mouse from Microsoft. I've got it from maybe 5 years ago but still works perfectly fine. 

Next up is one of the most important of this set up with regards to creating videos is my camera. I'm using a Canon 250D DSLR camera. It is connected through a capture card. A capture card is a small gadget that can turn any camera into a webcam. I love this camera because I can also use it not just as a webcam when recording tutorials but I can also use it as a vlogging camera because it has a flip-out screen, where I can see myself while doing the recording. 

Next up is my audio setup which is equally important as the video setup. Recently, I upgraded my audio as I was being criticized for having deteriorating audio on my earlier videos. So, I upgraded my audio from a USB microphone to a Tonor TC20 XLR microphone driven by M-Audio solo audio interface. The audio dramatically improved and I no longer received negative comments and feedback. 

Now, next is the very heart of this setup. This setup is powered by M1 Mac Mini, the biggest upgrade in my trading and youtube setup. Before, I used an old dell laptop which has poor performance of today's standard. In January 2021, I purchased my M1 Mac mini, which generally improved my video editing and live streaming activities. 

The Mac Mini released in November 2020 has the M1 chip from Apple itself. Apple stopped relying on third-party chip makers like Intel and produce their own. That's why they were able to cut costs and sell Mac Minis at a cheaper price level and yet have better performance. 

Now let's proceed to the accessories I used in my setup. First is the 1 Terra byte external HDD hard drive from Seagate, which solves the storage problem with my Mac Mini as it has only 256 GB SSD hard drive storage capacity. The second most important peripheral I need is the DLink USB Type C hub that solves connectivity problems with the Mac Mini. This hub has 2 USB ports, 1 HDMI port, 1 USB type C port, 1 VGA port, and an internet port. 

Okay, so that is all for my setup. Now let's go to the software part of my setup. There's two software I used to create videos and stocks trading. First is the OBS software which is essential for recording, streaming, and capturing my computer screen. The second one is the Filmora X editing software. It's very user-friendly editing software. That's why I love using them. So, that's all about the hardware and the software that I used.

Hello guys, welcome back to my channel and please... don't tell me na naniniwala ka doon sa una kong sinabi. Zero to Billions? Seriously? Baka thousands to Zero pwede pa? Realistic pa. Well, I'm just kidding with you guys no pun intended. Kasi kalokohan yang Zero to billions na sinasabi ko sa inyo guys sa mga kagaya kong baguhan lamang. 

Seryoso tayo, what I going to share with you in this video is regarding my trading goals ngayong 2021. As you know natapos ko na yong second year ko sa pag trade. At ibinahagi ko sa inyo ang trading results ko sa last na upload ko. Kung hindi mo pa napanood yong mangiyak ngiyak ako dahil sa losses ko ay mapapanood mo ang video na yan sa link sa itaas. Yann... dyan. 

So, a brief summary lang sa aking two years na experience sa pagtrade kagaya mo noong una kong sabak sa trading eh talagang roller coaster yong first year. Kahit sabihin mo sa akin na sa una mong pasok sa stocks trading ay nataon na bull market, maaaring yong unang few trades mo ay panalo. Pero I'm pretty sure na mas marami sa ating mga newbie ang first year overall result talaga is a stunning, if not a horrible loss. Minsan pa nga ay may mga na wipe out na account and you will never see them trade again. Meron pong study about sa topic na yan. But if you survive your first year and decided to commit yourself to learn the skill of stocks trading and getting the monetary reward, later on, sure you will come up with a goal the following year. 

On my second year, talagang I noted down lahat ng mga mistakes na nagawa ko during my first year at yon ang aking iniwasan during my second year. At ang resulta, hindi na na nadadagdaan yong mga talo ko noong first year. Although di ko pa nabawi lahat ng mga talo ko sa trading during my first year, but I came up na may green na port this year. 

Ito yong mga mistakes na iniwasan ko during my second year na nagawa ko noong first year. 

1. Trading without plan or strategy.

2. Overtrading slash revenge trading

3. No risk management

4. Not respecting stop loss.

5. Unable to control FOMO. 

In addition to avoiding those mistakes ay nagaral ako more about stocks trading and the stock market in general. Basa ng libro, maraming libro at marami pang libro.

Malaking bagay din na nag reduce ako ng trading capital at salamat sa Marge, dahil the bulk of my portfolio ay nilipat ko sa Marge. If you want to know more about marge, silipin nyo na lang sa retire rich channel at meron akong video na ginawa about marge. 

Going back to the video, so, I completed my second year sa pag trade. Please note guys that I consider stocks trading as a bachelor's degree. I completed my second year. I started April 2019. So here's my trading goal for my third year.

1. I would like to increase my trading capital as the economy recovers, pero sinong nakakalaam kong hanggang kailan pa matatapos itong pandemic or kong makasurvive ako nito. By the way guys na Covid nga pala ako noong november 2020. Thanks God naka survive. 

2. I will be studying and digging deeper about CALMA strategy which is I found na bagay sa aking bilang isang OFW dahil wala akong time to monitor the entire trading day. Isa isahin ko ang mga indicators ng CALMA and I will explore also other strategies na ma longer time frame like CALMA.

3. I will read again all the books na nabasa ko na kasi nga when I read those books during my first two years sa pag trade.. there are terms na hindi ko pa ma gets. Pero kong basahin ko ulit siguro ito ngayon ay mas maintindihan ko ito. 

4. I will keep journaling my trades sa quicken, sa excel, sa PL trades and uploading videos here on youtube dahil this channel serves as my journal also sa aking pag nanais na matutung mag trade.

So guys, ikaw? ano ang trading goals mo nitong 2021? let me know sa comments below baka pwede kung idagdag sa mga goals ko din. 

And to end this video, let's answer the question bakit kailangang may goals tayo? Para sa aking this is my way of tracking my progress. Kasi kung wala kang goals or targets, para bang wala kang specific na pupuntahan. So, we need to have goals para meron kang direction na pupuntahan, but remember also, that before you plan for your goals you need to establish first kung nasaan ka ngayon. That is your point of reference going to where or what you want to achieve.

Thank you so much for watching. See you on my next video. 

Ito yong Top 5 trading mistakes na nagawa ko noong unang taon ko sa pagtrade. In this video, let me tell you kung ano-ano ang mga yon para maiwasan mo na at para hindi ka malugi ng 30% of your total trading capital or baka mahigit pa. I lost 30% of my trading capital on my first year of trading. Kung hindi mo pa napanood ang video na yon.. just click the link above. 

What is up mga ka retire rich! Welcome back po sa channel... at kung ikaw naman ay bago, please consider to subscribe for more videos. 

Let's go back to the video. Here are the top 5 trading mistakes I did during my first year of stocks trading, which I was able to avoid in my second year. And guess what? If last year nalugi ako, so far this year ay gain pa din po ang aking port. 

Mistake Number 1. Trading without a plan or strategy.

Ito ang kalimitang mistake ng newbie. Pag lumusub ka sa giyera na wala kang plano.... parang suicide mission ang nangyari. You are doomed to fail because if you do not have a plan, it's like you plan to fail. So dapat meron kang plan or strategy na naka define lahat kung kailan ang entry, exit at stop loss. I avoided this mistake by simply committing to my strategy. At since wala akong masyado time sa market, I used CALMA strategy. At kung walang ma screen na stocks using Calma... eh di wala munang trade. Period.

Mistake Number 2. Disrespecting Stop Loss.

Noong natoto naman akong mag plano ng trade at gumamit ng strategy, masyado naman akong tiwala na aayon si market sa plano ko at papasok ito sa set-up ko. So, if the trade goes against me... at na hit si stop loss... abay I keep ignoring it. To the point, na sana 3% lang ang loss.... abay umabot tuloy ng 10% minsan umabot pa ng 20. I avoided this mistake in my second year by respecting my stop loss and keeping in mind na laging tama si Market. Huwag na huwag makipag talo kay market. Period.

Mistake Number 3. Ignoring riks management.

Itong mistake na ito ay pinsan ito ni mistake number 2. Pag masyado kang nag tiwala sa trading plan mo or sa strategy mo, which is tama naman, yes of course you need to trust your system, your plan, your strategy, but because of this! you tend to ignore risk management. Oiii!! mag bullish cross na si MACD at price above ALMA na! All in na to! O di ba? without checking also na mataas na pala masyado ang risk and then after nakabili at nag reverse si market... doon pa lang maisip ang risk. I avoided this mistake by putting risk management as my ultimate priority to check before even considering a stock to trade and applying also the 1 percent rule. 

Ano naman ang 1 percent rule? May video tayo nyan, and I recommend na panoorin nyo by clicking the link above.

Mistake Number 4. Overtrading

Grabe ang over trading ko noong first six months ko sa trading. This was brought about sa maling mindset ko going into trading. I was dumb thinking that trading is easy money at dito ako kikita agad ng pera at makapag retire ng maaga. Little did I know that learning to trade and to be profitable is a long process. So I avoided this mistake by changing my mindset. Trading is a bachelor's degree for me at I will give myself 5 years to at least learn and gain significant experience. At the same time sticking to my strategy pa din. 

Mistake number 5. Unable to control FOMO!

FOMO - The Fear of Missing Out. You always hear about FOMO right. Lagi akong nakaka experience ng FEAR na to every time na may nag liparang stocks. Para bang hinayang na hinayang ako pag hindi ako nakasakay sa mga nag liliparang stocks kahit hindi ko alam kung paano ito i trade. Feeling ko ang hina hina kong trader... which is true naman... dahil newbie pa lang eh. Pero during my second year, I avoided this by not opening my broker account at chart pag I really do not have a plan or intend to trade. Iniwasan ko mag window shopping sa stock market dahil mapapabili ka ng di oras at wala sa plano. In the end malugi ka lang. 

There you go, guys! Try mong iwasan ang mga mistakes na to and let me know in the comments kung ano ang naging impact nito sa trades nyo.

So let's review these mistakes but before that, if you like this video please consider to like, share and if you are new to this channel consider subscribing for more videos like this. Going back to the video. 

Top 5 mistakes to avoid

1. Trading without a plan or strategy.

2. Disrespecting stop loss.

3. Ignoring risk management

4. Overtrading

5. Unable to overcome FOMO.

That's it! Mga ka Retire Rich. I will see you in the next video.

Are you having difficulty saving money from your monthly paycheck? In this video let me share with you my way of saving money. Before that, let's roll the intro.

What is up mga Ka Retire Rich? Thank you for coming back po sa ating youtube channel and if you are new here, consider subscribing for more tips about saving, stocks trading, investing and many other things I shared here in this channel. 

So, how I saved money from my salary with ease? Here's how. It begins with a simple budget. And here's how I budget my salary. I divided my budget into 3 major categories. Number 1 category is the major recurring bills. Number 2 category is savings. Number 3 category is the balance or remaining amount after allocating the first and second category.

I made my budget simple and with only three categories, because I don't believe that you should know where every centavo from your salary goes. If you are going to monitor every centavo... believe me ma stress ka lang kaka monitor. Dahil nasubukan ko na yan. Paliwanag ko pa yan mamaya.

In the first category, bilang isang OFW, yong pera na ipapadala sa Pilipinas falls under this category, then your house rental or mortgage, car loan, credit card, gasoline or transportation and groceries. Since major recurring bills fall in this category so kung nasa Pilipinas ka it includes, electricity bill, water bill, tuition fee etc. Meaning, this category is where the bulk of your money goes at ito yong mga bayarin na wala ka talagang kawala. Ito yong hindi pwedeng ipag paliban. Ito yong mandatory bayaran monthly. So, this is the first priority because if you will missed any of those I mentioned, for sure you will be in trouble the following month. You'll be out of your budget. Or worse baka maputulan ka ng tubig or kuryente. 

The second category, is the savings itself. I set a certain percentage from my salary as savings. Meaning if you set 10% or 15% from your salary as savings then... automatic take out that amount and keep it in your savings account. 

The third category is the balance. This is the remaining amount after paying all the major bills and savings. Ito yong category na pag gagamitan mo sa mga bagay na hindi naman mandatory na bilhin kada sahod. Like new shoes or clothings. Or maybe you will add it to your savings and allocate it to buy something expensive which the remaining money can not afford. Pwede din ito gamitin pang replenish sa iyong emergency funds in case you use some of your emergency fund during the previous emergency. This is the category also that's difficult and stressful if you are going to track down every centavo of your money. Actually, I really don't care where's the amount of money goes from this category. Bastat, nabayaran ko na lahat ng major bills ko at naitabi ko na ang para sa savings ko.

Now maybe you have a question, what if my salary is not even enough to cover the first category? Magandang tanong talaga yan. So I think, there's something wrong kung bakit mas malaki bills mo kaysa sahod mo. Maybe you need to reduce you and your family's electricity, water consumption. You really need to reduce your bills or else increase your income or seek help from the members of the household who's also earning to help cover the bills. 

This budget structure really works for me to save something from my salary. But it may or may not work for you. Try mo lang. So, if you have your way of saving money, let me know in the comment section baka it will work sa iba nating mga tagasubaybay. 

Thank you so much po nga ka retire rich and I will see you po sa susunod natin na video, please consider subscribing if you are not yet subscribed. Stay safe and see you soon.