Stock Market PILIPINAS: Empowering the Filipino Investors

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...6900 madam? do you see it?
(10-02-2018, 03:38 PM)Ollie Wrote: [ -> ]...6900 madam? do you see it?

6800. but my guess is bounce muna
(10-02-2018, 09:59 PM)jmf Wrote: [ -> ]
(10-02-2018, 03:38 PM)Ollie Wrote: [ -> ]...6900 madam? do you see it?

6800. but my guess is bounce muna

...inay! mas mababa ka pa pala  Confused's the full article on our winner Big Grin

7 market ‘traders’ bag awards  

SEVEN individuals were awarded on Monday for their cooperation and support to The Manila Times’ virtual stock trading challenge that aimed to promote capital market development and financial literacy in the Philippines.

The winner — Charmagne “Pixu” Feria — accumulated 114 percent return-on-investment (ROI). She was followed by Paul Vincent “HRB 2015” Curimao, garnering 101.36 percent of ROI, and Nestor “Small Time Trader” Mananghaya, with 99.15 percent ROI.

The other contenders were John Nikko “Play Hard” Hampton, who lost a marginal 0.04 percent from Small Time Trader, with 99.11 percent ROI; Paul Michael “Dondee Prime” Angelo with 95.62 percent ROI; Jose “St. Michael” Tayag Jr., 94.44 percent, and Antonio “Dud67” Zapanta, 57.55 percent.

The Manila Times joined forces with business columnist Den Somera to conduct a 30-week virtual stock trading challenge that commenced on March 1, 2018 and ended on September 1.

“We have been advocating participation in the stock market for a long time … and one of the things that was driving me to do this was the fact that we are one of the oldest stock markets in Asia and yet we have the smallest participation right now,” The Manila Times President and Chief Executive Officer Dante Francis Ang 2nd said in his speech during the awarding ceremony held at the New World Hotel in Makati City on Monday.

“Only 1 percent of the 1 percent are playing the stock market. I hope that with this event, it will contribute to
greater knowledge about the stock market, and maybe encourage more people to participate,” he added.

Feria, a full-time housewife and a mother to five kids, bared her strategy in winning the game. She said she was more of a short-term trader who bet on second-liner issues in a volatile environment.

“Rather than betting on uptrending stocks, I chose to separate my portfolio into 30 percent uptrend, and the rest are for range-trading because the market is in a sideways consolidation. I can’t really count on uptrends in this kind of environment so I’m just taking advantage of the volatility,” she told The Manila Times.

Feria said during the competition and even on personal trading, she relied on charts or technical analysis.

“Mostly, I read the charts, 90 percent of the time I use charts, 10 percent for the news because news can serve as catalysts but the charts define the price action, not the news,” she said.

“The market environment itself was a big challenge. When the competition started, the market was in an uptrend and then it dropped, and you had to lock in profits every time,” Feria added.

Asked for advice, Feria said: “We have to have confidence in the market despite all these inflationary pressures.

Of course we’d like to benefit from the market upswings and the downswings. We can start buying little by little as long as you trade just the bottom of the range. If you’re a technical trader, you have to cut below that cut loss point but if you are a value investor, it’s a good time to buy shares right now but the best level to buy is near the 6800 level.”

STOCK CHALLENGE Manila Times President Dante Ang 2nd heads the awarding of ‘The Manila Times Virtual Stock Trading Challenge’ at the New World Hotel in Makati City on Monday. From left: Business columnist Den Somera, Chief Operating Officer Blanca Mercado, President and CEO Dante Ang 2nd, awardees John Nikko Hampton, Charmagne Feria (Champion), Antonio Zapanta, Publisher-Editor Nerilyn Tenorio and Executive Editor Arnold Belleza. PHOTO BY J GERARD SEGUIA »

grats madam

lodi talaga
Sept 26, 2018 chart

This was the sweet spot for SSI- the last drop   before the breakout.
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Current chart , October 5, 2018
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...I have read your email madam, I will reply soon Smile

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