Tuesday, August 13, 2013

SM,EDC and MWC

It's really good to take a look on your first transactions. I still remember this: "Tol, bibili na ulit ako kasi down ang PSEi , nasa 6500 nalang, time to buy na!" I bought SM, EDC and MWC back then.
  • Why SM-because I visit their malls and watch movies every fieldbreak. 
  • Why EDC-because an industry where I belong, who doesn't want renewable energy? 
  • Why MWC-hello, everyday akong umiinom at naliligo, 3/4 of the Earth's surface is covered with this hahaha.
Since I am not aware and cannot view charts at that time, I relied on my "hulanalysis". And now after a month, I tried to track down the Technicals during that time vs my "hulanalysis". Below are figures for these 3 stocks.

Fig. 1 EDC Stock Chart courtesy of COLFinancial
Fig. 2 MWC Stock Chart courtesy of COLFinancial
Fig. 3 SM Stock Chart courtesy of COLFinancial

As you can see, no TA basis when I entered and exit, just plain hula. Well, I was lucky enough to sell these 3 and profit P1,108.00 (and all were gain). Very nice, but today I am more knowledgeable when to buy and sell na. 

It feels so good when you enjoy what you are doing. I am considering trading as my second course,haha. 
This is my story, these are my views, what's yours? Cheers!

P.S. For those who want to comment/correct my TA on charts, feel free to comment. Thanks.

Lessons Learned:
  1. Study Technicals and Fundamentals to increase gains. You maybe lucky but it won't last. (beginner's luck) 
  2. Trade trade din pag may time

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