Want to Join (BISTOCK)? Bisayan Online Stock Trading

[evangareth]

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nice inputs jed! always kip this topic up so that others can also appreciate stocks trading.. meet nya ta kadtong naa diri cebu.

[inspector_ronan]

yeah... ako things pud diay ako ma add kang tekboy sa iyang enlighting post...one sentence!

****WHAT YOUR EXIT STRATEGY!!!!***

As the ideas I learned from Peter Lynch (Fidelity's Most Famous and prolly the most successful fund manager). According to him...people focus so much on when to buy, but thats the easy part... knowing when to sell is the hardest lesson to learn...

its vitally important that befor buying a stock...

You should know when to sell it...

What your stop loss... (stop loss - an action where you set a specific price that when a stock price falls down on that price, you sell your stock and take your losses and move on)

also...

If your looking a technique that works 100% everytime... You better look for other places to put your money on... Absolutely theres no one technique that works everytime... All your doing here is using a strategy that works most of the time... combined with proper cash management, then your almost guaranteed earnings.


OH... i checked that PSE stocks and read the charts... and brought me to conclusion that:

PSE is bullish... its still on uptrend, with no heavy consecutive selling days... so its prety much a go! I think that guaging the overall market trend is vital factor to put into stock picking since 2/3 of the stocks follow the overall/general market trend... you know what they say "dont swim upriver, it doesnt mean you cant do, it just means its harder" but if u can pull it..kudos to u!

I wish i could have provided images with technical explanations... but im time locked for now... maybe next time

For my 2 cent of opinion.

So its easy to buy daw. Selling is medyo easy part man if your not greedy makontinto na sa maliit na kita. hehehe or you know how to cut your losses short.or set Target price... not to high... not super low.. just enough that you think your stock maka abot.. Base on the previous prices.. its better to gain a little than ma lugi ka.

i think medyo lisod pud sa ako-a is the waiting part .

[jed_baguio]

monday update:

ey guys... I took the time to upload some images with basic technical explanations...

NOTE: I DONT CLAIM TO BE AN EXPERT OF THIS... IM JUST SHARING WHAT I KNOW.. Tenx



Day High - means that within that day, that the highest point in which the price got

Day Low- means that within that day the lowest the point in which the price got

Market Open - Its the price when the market opened

Market Closed - The price on which the market closed

... this is how it looks on a graph... UPDATED: MAY 14 2007

[img width=500 height=394]http://i190.photobucket.com/albums/z263/malariaboy/graphmay14.jpg[/img]

My speculations...

market will still go up basing on:

1) It didnt break the support line

2) Market is on the uptrend

3) The biggest factor I think is that... note that the volume got up from the day before, but the market closed higher than the day before... This usually means that the big guys are hoarding, means buying... basic economics: What happens if thers a lot of buyers than the sellers... whoala... prices go up...

Go ahead with your buying...

I'll try to post as much as I can

[inspector_ronan]

Very Nice Jed. Your good than me. hehehe. You can read the chart well & with analysis. all u need is to start investing i know u can earn from trading.

[jed_baguio]

Yah... Im getting there....

[evangareth]

i thot stocks will be down today because of the elections.. i guess our stock market has matured a bit. it has become resistant to political issues. sayang i sold my geo na!!! palit nasad ko balik ani. hehe. on the second thought, il buy apex and philex nalang.. theres more juice in here. hehe

[Zirv]

the reason for the rise is the peaceful elections...

Kung naa na pud cheating... nya rally napud....

Expect the market to go down.....


anyways

today was a good day to take some profits....

BPC hold

MEG hold

GEO sell

APX hold

GLO buy

[jed_baguio]

I did some chart reading...

here's my speculations for a buy...

Buy For:

BDO

MBT

[j ang]

jed please explain further:
unsa nang support line? and what factor mka break ana?

[jed_baguio]

support line:

If mka observe ka... stock prices usually zigzag their way to iether up, down or sideways.

if you connect the two points or more of the bottom point of the zig zag, it slowly forms an invisble line... this is what they call a support line, if you connect more and more bottom zig zags then you can say that the stock is on a "trend". If its going up, so uptrend so and so forth...

technical traders call this support line, cos its like a support line, price may go down but for reason it wont go below the support line, more like an invisible force that stops the stock prices from going down any further...

but it doesnt mean that it wont breat the trend line... If it breaks the trend line especially with heavy volume trading... its usually a good sign that stock in a "reverse"... meaning its going to change trend either sideways or down...

factors that break the support?... technical traders are do not really dig in to those, technical traders just observe if the support is being broken and adjust accordingly... digging for reasons, well thats the area of fundamental traders. Lots of reasons though, bad economy, bad news and such...