RETIRE RICH - OFWs deserve to retire rich

Monday, March 16

How shortened trading hours affect OFW traders?

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 stated above.

As an OFW, in a time zone, which is 5 hours behind from Philippine time---trading is tougher and more challenging now. Under normal trading hours, I used to get-up at 4:30AM. You know how it feels to wake up during this particular time. Because of the shortened timing, I need to get-up at 3:30AM starting 17 March 2020. This is a must for me if I have an open position to monitor.

So guys alam na this. If you want to trade, you need to sleep early and wake up early or find a strategy na hindi ka mapuyat. You know it's tough doing your day job without enough sleep.

Other OFWs in other parts of the world might not have the chance to catch the trading hours. So yong iba mukhang mapipilitang maging long term investor.

Anyway, good luck to all of us trading OFWs. Try to adjust accordingly and may the odds be with you.

Below is the full text of the advisory.


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