Showing posts with label pinoyexchange. Show all posts
Showing posts with label pinoyexchange. Show all posts

Sunday, January 6, 2013

What is your trading style?

I did not have a trading plan or style when I started investing in the stock market in January 2012. At the end of February, I was up 10%. Yey! Stocks that I was holding then were MEG, BPI, JFC, and SMPH.

Then in March, I learned Technical Analysis. I increased my capital and tried doing TA in so-so stocks (and yes, even basura). I thought I could do TA by just drawing lines here and there. Then boom, the market began correcting... the 10% I gained in two months started to be eaten up by the correction and yes, a few "technically analyzed" trades (of so-so and penny stocks).

I think the deepest loss was at 7%. This was my tuition to the world of stock market.