Puregold Price Club Inc. (PGOLD) , the nation’s second- biggest operator of hypermarkets and supermarkets, increased 3.6 percent to 22.75 pesos, the highest close since May 14. The company has acquired Gant Group of Companies Inc., operator of 19 Parco Supermarket branches, a stock-exchange filing showed. - BLOOMBERG REPORT ON MAY 28, 2012.
I started my journey of trading online at PSE since March 2012. I am not surprise of nearly losing 20% of my investment, but the good news is, today i regain the 5% and hopefully to recover the remain 15% in few days time.
The reasons why i have lost part of my investment.
1. Experience is the best teacher, and it teaches hard. I have read blog, news and stories about identifying yourself as a player in the stock market. I have identified myself as a long term investor. Yet, i was curious. curious selling my stock at a gain of 3,000 pesos down to 500 pesos. First i was furious, because those warnings i have read was true like you'll pay more when you buy and sell often, often as in everyday and also you'll get tempted to sell your stock at a losing state because you are afraid to lose even more - now that's an active trader, active-losing-trader rather.
2. Refusing to pause after a lose. I got more impatient. i keep searching and looking for active traded stock with the price range from 15 - 30 pesos. I know it's not gonna be easy but i still continue to buy and sell. The result was still the same - i was an active-losing trader.
3. Daily Sentiments. My greatest fault was looking at the market daily price range. This surely bring disaster on my money. When the price goes up i am smiling, but when the price goes down, aaahhh there i am even losing i do sell my stocks.
It's been two months now since i started putting money on stock market. As of now, i feel better. regaining the 5% loss is enough for me to believe my stock position as of today. I have disregarded other shares and retain PGOLD. Only PGOLD for now, and soon i will ad more shares.
by: bodengdeng
Philippine stock market has been on the news lately. Spreading it's wings widely and advancing to signal growth and encouraging investors. With the recent developments on Philippines style of governance, the people are becoming more patriotic and supportive to the government.
I'm going to talk about stock market and positioning your stock choice. I'm a beginner in this kind of dealing but i am very interested to learn more. I'm very impressed with my stock position on May 4, 2012 for shares of PGOLD and RLC. Although in past months i have lost nearly 5k for trading shares of ARA. The loss has made me realize what was written about being greedy will end you up with nothing but losses. Yes, my loss has taught me to value time and think about of increasing my investment.
If you're a long term type of investor, then we are of one mind. It's doesn't matter how the price goes up and down during the trading day, what matters to me is that the closing price is steadily climbing or at least maintains its previous price.
Positioning your stock is easy. It all depends on how much money you have available for trading. If you have less than 100k money on the market, you may opt to get 3,000 shares of PGOLD and 3,000 shares of RLC. WHY? PGOLD price activity since last year of its joining has steadily grow in a manner of less risk. PGOLD 52 weeks records is 10.68 - 10.35 and the price as of May 4, 2012 was 24.75. RLC record in previous five years has dramatically change. As of 4th May it closes to 18.20. In 2007 RLC record of prices are from 12 - 17 and down in 2009 to 3 - 4 pesos. It has recovered eventually and become stay in 2011 in prices range of 11 - 12 pesos. This year, RLC proved to be profitable and it marches from 12 up to current price of 18.20. Upon reaching te price of 20, RLC will sure become the perfect stock to invest and earn with.
Remember this tips when positioning your shares of stocks:
1. Buy half-half. When you want to position 3,000 shares of stock for RLC or PGOLD or ALI or SMPH or MWC (prices ranges from 16 - 25 pesos) you may wan to buy first 1,500 and wait for few days to buy another 1,500. This reduce the risk of whole loss cause when the price goes down at least it won't be that hurtful cause you have the half of your stock as back up.
2. Price timing. If you have more money to buy additional shares, never wait until the price goes higher. the sooner you can add shares the better. I mean don't wait for the price to reach 30 pesos before deciding to add more shares.
3. Dream your stocks. It's all about faith and believing. After reading all news, stock tips and stories of other who made it to the top because of stock market, then everything goes back to you. Yes, to your belief system. Whatever type of stock trader you are, i am sure it will be more worthwhile to be of good faith and deal without being selfish.
Happy Trading! Your money well, invested will bring you good life!
by: bodengdeng
