Retire Rich

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...