Insights and Trading Activities of a Construction Worker

An OFW who have a very limited access of information on PSE-listed companies can profitably trade/invest in the Philippine stock market.

About Me

My photo
The blogger is an OFW in the UAE waking up 10 minutes early to do his everyday trading. :)

Wednesday, 30 March 2011

Hello!

It's been a long time since I've last checked my blog. I just find writing about stocks alone is boring, especially on such a market where there have been not that much action lately, except of course on the recent deal of the year between JGS and TEL. Also, I'm not that educated well about stocks so I can't write really that much either (though that was really what I'm pointing out in this blog - that you can invest in the stock market even with minimal education about it). If you seasonally trade like once a month and you don't check the market on a daily basis, that should be fine. But if it became your habit to look on the stock quotations everyday, I guess it can't be helped but seek for more info and education.

Me and my wife had decided to go home for at least a year to relax and ponder a bit. In that span of time, we have already planned some financial trainings and probably a MBA for her. We will also explore the possibility of entering into entrepreneurship in our area and survey aqua and agricultural feasibleness (investors are welcome  ^_^ ).
In line to that, I might just change my blogsite to a more hybrid one. I, for one is a jack of all trades but a master of none.  :-)  I have a lot of things in mind about astronomy, particle physics, religion, politics, photography, cooking, educational systems, gadgets, softwares, mathematics, games, construction & engineering, basketball, and the cultures I encoutered here in UAE. I might also write about our (mis)adventures on the entrepreneurship stuffs we are planning and post the financials for the benefit of others (not for my bragging).
Oh, and by the way, my stocks are still down by around 10%. But including my realized gains, I'm still up by around 14% p.a. effectively. EFFECTIVELY - not YOY or YTD.

Wednesday, 19 January 2011

Happy New Year!

We just had a great holiday vacation in the Philippines and we came back just a few days ago. We rarely access the net to check our stocks because all we do is eat, travel, shop, eat again, drink, etc. But on that vacation, we allotted a day to open FAMI equity and balanced funds and a First Metro Sec. online trading account. Actually, our main purpose is to share the researches of the two online brokerage firms (the other being Citisec), but we got a little bit disappointed. Our second purpose is for us to our have separate accounts (me and my wife) and compete with each other's gain or loss by the end of the year.

Our stocks got pretty battered. I was able to buy the peaks last November... I chased prices because I thought our market was still trending up. I read somewhere that it's the common newbie mistake - not knowing how to exit a bull market. 

I sold all my EDCs last month at an average of 5.85 and now my portfolio is mainly composed of, guess what...........   PROPERTIES!  :,(

I'm still shy to post my holdings for now because it's down by 10.4%.  :))
If I don't have my day job and other investments, this would be really stressful. 

Saturday, 4 December 2010

Weekly Report - December 3, 2010

My portfolio is still bloody in spite of the 3-day rally of our market because I chased prices in the earlier phase of the big correction. And when I was 100% invested, the market was going down further and there's nothing I can do but watch. Surely, lesson is learned but I was not that worried because of some reasons. First, since there is a slight inverse correlation between our stock market and the US dollar, I'm a bit hedged by the forex because I am sending the equivalent amount of my portfolio to our peso account. Second, the lower the market is, the lower the units will be on an equity mutual fund, which we are planning to open this time on FAMI. 


Here's my portfolio as of Friday's close. 

Monday, 22 November 2010

Island in the Sun

Hep hep...
http://www.youtube.com/watch?v=0C3zgYW_FAM
Hep hep... And we're on a holiday..   ^_^ 


Woohooo! We are to have our vacation in a few days' time and we're just sooo excited! I rarely work at site and I wasn't even minding the stock market at its trading hours. For the meantime, I want to get stock trading out of my system during this short vacation and do nothing but enjoy. Tomorrow, I'll buy anything on that spare cash, be 100% invested, and try to forget the market to as much as I can. I'll probably buy NIKL or add more AGI.


Man, I hate seeing that two-digit paper loss on ALI...

Friday, 19 November 2010

Weekly Report - November 19, 2010

:,-(


:-)


:-(


:-)


:-)


My overall paper gain is back to positive... Hoooray!

Saturday, 13 November 2010

Weekly Report - November 12, 2010

Do you know these woodland critters?
They are the cute, innocent-looking but cruel critters in South Park led by that cuddly bear in the right who has super powers to protect the son of satan. While viewing all the bloodshed that happened the past few days in the stock market, I knew that only such a bear is capable of doing such so he should be the one responsible of slaughtering all the bulls. He may have raped them as well.
That South Park episode happily ended when Santa came, armed with his shot gun, killed all the woodland critters just before the Christmas eve.
Will our episode end the same way? Santa, please come and save us again and kill this bear and make us happy before Christmas! =)

Well, everybody is talking about this bloodshed. I for one, being an aggressive buyer on dips and not using stop loss or trailing stops, lost a pretty good sum of money. If I'll scale the profit (realized) I earned from August 'til end of October to Php100, my paper profit was around Php11 before this correction. As of today, I'm already having a paper loss of Php25. So from Php111, I'm now down to Php75.
Let's just pray that this week is the end of this bloodshed. The index already touched its 50-day MA and is already in the stochastic's oversold region. 
Here's my bloody portfolio for the week: