LC and My Learning Chronicles

I was waiting for the stop light at Dela Rosa St. corner Amorsolo to give me a go so I could cross the street when I overheard two cute creatures talking loudly…

Girl: (she was holding her phone on her right hand while smashing Pagurl using her left) Tang*** mo bakla! naka go pa! Mamamatay ako nito eh! P%()#Q*%@ mo naman eh! (as if Pagurl was accountable for her life to be protected while she was focusing on her phone doing I dunno what…)
Pagurl: (s/he pointed out a lady who just crossed the street while the stop light was still red and was about to follow her) P*t*! Eh ung babae sinusundan ko… bobo eh! Tumawid naka gow chi! Ang bubu!
Girl: Hue hue hue! (she has a unique way of laughing)

They looked at me because maybe I was looking at them then Pagurl said this as if s/he was talking to me…

Pagurl: Diba noh? T#_(%)*@&*! Ang bob@ ni ate!
Me: Hahahahaha! (enjoying their cursing session of the world at the historical crossing of Makati Med)

So Paf, how is this related?

This scenario showed me a flash of what I learned in trading so far. Let’s talk about the characters…

The Girl: She was holding her phone without knowing her friend was taking her to a pit and upon realizing it, she cursed her friend for doing it so.

The Pagurl: S/he was about to follow the lady even s/he was aware of what’s happening around them. S/he was also cursing the lady about her decision to cross even though it was still a red light.

The Lady: She broke the rule by beating the red light even it could cost her life. Luckily, she successfully made it without scratches. The traffic officer just shouted at her and was about to ask her to sing the national anthem. She was just quick so she was not caught. Good for her.

Me: Excuse me please. I was just lurking and learning. 😛

Let’s take it into the trading perspective.

Those characters seem to be the stages of my learning pace in trading.

I was once the girl who didn’t know what I was doing and I depended my trades on the hypes of the market. Cursing the gurus and the guru wanna bees for my trades. P@$#)8^! po kayo na still nanghhype on peysbuk! LOL

Next, I became the Pagurl who was a bit cautious about hypes. I started to observe what others were doing wrong and right, also I was learning from them including my past experiences of what I’d seen on the market.

Last, I was once the lady who didn’t care if my rules and plans in my trades were met even it could cost me a lot of money maybe because of frustrations. For The Lady, she was able to cross successfully but me, I was at a loss and still recovering from it.The traffic officer was like the mentors we have now in the tribe. They keep on bashing, supporting and guiding us to be better traders in the long run. Love you mentors!

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I guess I am having the transition of being The Lady to a better version of The Lady herself.

Why?

The lady didn’t care about what others would think about her decision. She decided on her own action because in that moment, there was a heavy traffic and anyone could really cross the street. She was brave enough to hear the bashing and cursing of others. She walked on her own, independently flipping her hair back and forth.

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I want to be more of THE LADY 2.0 who can decide for herself… who can stand for herself about what she thought was the “right thing”… who doesn’t care about what others think and does what she thinks should be at her pace.

I should be heading to that.


So…

 Here’s my LC trade.

Why did I buy it in the first place?

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I bought LC because by looking at it the momentum was good, it broke 0.21 and was breaching the breakout. I was also finding a good base so that I could just sit back and relax if and only if it broke but as of now it hasn’t, so…

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Because of the loss of momentum in LC and its thick resistance I decided to cut +-4% of that position even though it was within the range. That’s all.

BTX nalang if it breaks…

No worries, I was able to buy a good position right after.

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Pakota na please.

Ps.

Ano kaya nyare kay Girl, Pagurl at the Lady?


******EDITED******

lc

That is tragic if you have the same average as mine and still has this.

However, this is juicy for others… hmmm not for me.. breakout lang meeee… ayawww… breakout lang talaga promiseeeeee!!! 😀

Styled Thoughts 01: As a NooBee

Aside from trekking dangerous mountains, trading in the stock market is the most mysterious and adventurous thing I’ve ever known. There were times that I had to avoid coffee, my very precious thing, just to dance without palpitating with Miss Market. There were sleepless nights not because I was awake in someone else’s dreams but because I was too worried about the stock that I just bought. *insert eye bags here*  There were penniless days because all my positions were shattered by the bears. I hate bears. Really, but I want them! How come? Go find it yourself. 😛

Afraid? Thou shall not. Trust me. 😉

Given all those grievances, I cannot deny the fact that, trading can give you more than what you asked for.

Here are some five vital realizations you will have as a noobee in the stock market

1. HYPE alert!

If you’re a member of tons of trading groups on FB, being a hype victim will never be out of the picture. Given all the gurus and geniuses in the battle field, tickling your emotion towards trading is super easy for them. Even you can hype yourself, convincing  that a certain stock would go up up in a way as you wanted to. Little did you know, Ms. Market was too stubborn to do what you wanted.

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When others are hyping you…

2. You are now probably thinking of charts!

Eating charts in the morning, evening, afternoon and at midnight would take so much of your time but without you working for it, your losses would eat so much of your wealth. Now, choose. You would probably enter positions in all potential entries and end up optimistic about your improvements. However, failure and disappointments would come along the way. You’re warned.

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Instead of charts, think about us!

3. You become more likely a stone!

A stone is a stone. Even you kick it, flip it, or never mind it, it doesn’t care. It also described you as you become familiar with trading. It minimized and sooner it gradually took your emotion towards fighting the bloody bath. You would realize that being merciless was your only way to go. It was like the survival of the emotionless. 😉

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Say hi to Emma Stone XD

 4. Sorting becomes easy!

A lot of people say, “Everyone is unique.” That is very true about stocks as well. You would realize that your treatment between a blue chip stock (composed of 30 big companies in the Philippines) and a penny stock (a stock that doesn’t warn you before it goes spaghetti pababa) must be different. Sorting stocks before trading them came to play. You would consider the type of perspectives stockholders or traders treated to the same stock that you were in. However, everything was subjective so you would end up confused most of the time.

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5. Gluing your eyes on the ticker is no need!

How I wish I could honestly say that my eyes were not glued on the screen during market hours. However, I realized that if only if I were good enough to spot stars in the charts, I was good to go. No need to bring the laptop with me to the comfort room when I feel like I was about to uhhmmm. Nothing to worry about. Right? Well, except  from World War III!

Charting would make you become more confident with the positions that you’re in. You just have to do your self-assigned homework. Thus, it also applies to fundamentalists. Don’t get me wrong fundamentalists guys out there. Still, you would realize that when your GTC was on, you must have at least three strong reasons to hold on to. Kapit lang! 😀

Computer Hackers Meet For Annual Congress

Disclaimer: Photos not mine.

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