Retire Rich

It seemed the word "circuit breaker" is the vogue now on most financial markets around the world. The PSEI gapped down to -12.4 % (from previous close 5335.37 to 4673.58) at the opening when PSE resumed trading on Thursday after two days it halted trading. The decline again triggered the circuit breaker's 10% decline...

The PSE release another advisory informing the resumption of trading and settlement on Thursday, 19 March 2020. On Monday, PSE advised the suspension of trading starting today, 17 March 2020 until further notice. It was a move that somehow PSE expected other financial markets might also suspend trading. But so far,...

PSE to suspend trading from tomorrow, 17 March 2020 until further notice. In my previous post, I mentioned how the shortened trading hours would affect OFW traders. And I said this will made us more puyat. I visited the PSE website to check any other update before I'll sleep. I found another update that will no longer...

Screenshot from PSE advisory. How shortened trading hours affect OFW traders? Eh di lalong napuyat! PSE President and CEO Ramon S. Monzon issued a public advisory through a memorandum to shortened the trading hours. The advisory was issued on Sunday, 15 March 2020 consistent with the COVID-19 preventive measures as...

The PSE implemented a 15-minute trading halt on the entire market at around 3pm today, 12 March 2020.  This is when the PSEi’s decline breached 10.33 percent to 5697.13 (see chart above), activating the circuit breaker introduced in 2008. This is the first time, I saw a market crash. I learned something...

The answer is to trade and catch the bounce. But how? Here's how. In my previous post, I mentioned that this is the time to test strategies that you either developed or learned. In this case, I tried to test, apply and practice the "Fish Ball" strategy, which I learned from Trader's Lounge. So let me walk you through....

My answer is to stop trading. Maybe my above answer is not for you. It depends on your profile as a stock trader. I consider my self a quickie trader. I do not sit on a stock position for a long time. A swing or a bounce is enough for me. I sell quickly once my favorite progressive support line (a type of moving...

After a few glitches from BDO, I still able to continue this challenge. I'm now in the third month! What about you? We need to persevere whatever hindrance that comes on our way just to come up with our end goal. I'm having a hard time in the second month getting the one-time password from BDO. I made a video out...

I was able to resolve the issue with my BDO one time password problem. So I was able to open my account again and save 10% from January salary. Above is the video narrating the problem. Next up will be month of February salary. Hopefully, I will be able to continue till December 2020 on this challenge so that I...