Retire Rich

Happy New Year mga Kababayang OFWs!!! May the New Year bring to you and your family back home the love, and a light to guide you. As the new year comes with all the happiness and good tidings, hope the joyful spirit keeps glowing in your heart forever.  As this year ends, I wish all the negativity and...

In the above video, I shared my own interpretation and execution of Trader's Lounge MAMA Strategy. A trading system that used MACD and ALMA indicators. I discussed the parameters and showed one of my trades using the strategy. Links to Trader's Lounge YouTube channel, FB group, and website are provided in the video's...

It has been seven months since I embarked on a journey to learn stocks trading in the Philippine Stocks Market. I started this journey in March 2019. I've written my declaration [here]. From the start, I wanted to share this journey with those OFWs who shared the same goal -- to retire rich and go back to the Philippines...

Below is a reblog from Gandakoh's article: "IPO is the initial public… you know what, if you are a trader I don’t need to explain to you what an IPO is. If you don’t know what an IPO is then this post is not for you. Go to google. Research what an IPO is and come back to my post. When you hear the word “IPO” what comes...

Kumustamos mga kababayang OFWs. The below video is an update to my Cropital capital reinvestment. ...

I reviewed all of my losing trades. I focus on my biggest loser each month from April to September 2019. The following are the reasons why: 1. No specific trading system This is the main reason for the month of April and May for my big losing trade. These were the months where I'm still testing almost all indicators...

Time flies. The last update I made on this blog was on May 2019. Well, I would like to update regarding my progress with the journey I embarked from April 2019 – stocks trading. Here’s the summary: April 2019 – Loss I lost 0.6% of my portfolio. It was a very minimal loss as traded conservatively.  I’m still...

Well, I position SMPH as it passed the eight criteria I'm looking from a company before purchase. Result: Entry: 41.2 Stop Loss: 39.5 Exit: 41.7 at a very minimal loss.  30 April 2019 I initially asked a price at 41.0 level but at the time there was a surge of the stock price. I told to myself that this...

I considered buying ALI because it has the data I needed and it matches the criteria I'm looking for a stock. This is as per stock criteria of the book Trade Like a Stock Market Wizard by Mark Minervini. 1. The stock price is above both the 150-day (30-week) and the 200-day (40-week) moving average price...

As a process of my complete paradigm shift, from long term investor to stock trading, I cut one of my losing positions. These losing positions were a product of uninformed buying decision. I began cutting my losses starting with TKC Metals. I bought this stock, I think in early 2016 in anticipation of the "Build,...

Momentum trade - Intraday Stock: NOW Entry: 2.7 Exit: 2.6 Result: Loss As I mentioned in my previous post, I tried intraday again. The same trigger---greed. This time, I was stopped out. They said that experience is the best teacher--indeed it is. I promised not to do it again because as I learned previously that...

Momentum trade: Intraday Stock: IRC Entry: 1.88 Exit: 1.92 Result: Win While searching and shortlisting for stocks that qualify to the eight criteria mentioned in the book "Think & Trade Like a Champion" while the market was open I noticed IRC popping up on my watcher board at Investagrams. So it caught my...

Breakout trade Stock: URC Entry: 159.6 Exit: 154 Result: Loss Further to my study about stock trading, I read about Darvas Box and tried to use this set-up but I think I used it wrong. So my bias is that It will break out at the second box that I plotted (see above). But It went against me. With what I learned from...

Position trading: EOD Stock: JFC Entry: 250 Exit: 322.6 Holding Period: 8 Months Result: Win As part of my shift to become a stock market trader from being an investor, I started looking at my current stock positions. The first I look into consideration was JFC (Jollibee). I bought the stock in July 2018 with the...

On 1st March 2019, I decided to become a stock market trader. Hence, shifting my paradigm from being a stock market investor to become a stock trader. I will journal in this blog my stock trading journey.  I've got my online COL Financial account opened in 2015. It was the year that God gave me the opportunity...

I received an email coming from COL's Experts Corner about what the Fund Managers insights and outlook on the PSEi this year. I believed all COL account holders may have received the same email. Well, I would like to share this email to those who will happen to stumble upon this blog -- especially the OFWs and basically...