Online Trading Lessons Learned: An Analysis of Our Performance Tracker
Dito natin malalaman kung paanong ang halagang limang libong pisong (5,000 pesos) capital ay mapalalago gamit and stock trading sa Philippine Stock Exchange.
Week | Ending | Sell | Buy | Profit/ (Loss) | Total Equity | %Gain/ (%Loss) | |||||
Opening Balance | 5,000 | ||||||||||
1 | Jan 02 | - | - | - | 5,000 | - | |||||
2 | Jan 09 | - | - | - | 5,000 | - | |||||
3 | Jan 16 | - | - | - | 5,000 | - | |||||
4 | Jan 23 | - | - | - | 5,000 | - | |||||
5 | Jan 30 | - | - | - | 5,000 | - | |||||
6 | Feb 06 | - | (1,073) | - | 5,000 | - | |||||
7 | Feb 13 | - | - | - | 5,000 | - | |||||
8 | Feb 20 | - | - | - | 5,000 | - | |||||
9 | Feb 27 | - | - | - | 5,000 | - | |||||
10 | Mar 06 | 1,122 | - | 49 | 5,049 | 1% | |||||
11 | Mar 13 | - | (1,123) | - | 5,049 | 1% | |||||
12 | Mar 20 | - | - | - | 5,049 | 1% | |||||
13 | Mar 27 | - | - | - | 5,049 | 1% | |||||
14 | Apr 03 | - | - | - | 5,049 | 1% | |||||
15 | Apr 10 | - | - | - | 5,049 | 1% | |||||
16 | Apr 17 | 1,370 | - | 247 | 5,296 | 6% | |||||
This is our last update as of April 17, 2010
Turning a Profit and Moving Forward
As we close the books on our Weekly Trading Tracker for the year 2010 at Week 16, we are pleased to announce that we have ended with a profit of Php296.00 after 4 trades, resulting in an overall gain of 6%. While we are pleased with this outcome, we would like to be candid with our readers: we are not guided by any formal trading strategy, and we acknowledge that our knowledge and understanding of the market was not as extensive 13 years ago as it is now.
Beyond Luck: Valuable Lessons Learned from Our Trading Journey
That being said, we have learned an important lesson from our experiences in the market. We have discovered that, outside of a well-established trading system, luck can be the determining factor between a large profit and a deep loss. While some may argue that trading is simply a matter of luck, we believe that it takes a combination of both luck and skill to succeed in the market.
Empowering Yourself: The Importance of Continued Learning in Trading
For those who are new to trading, we encourage you to take the time to learn as much as you can about the market before investing your hard-earned money. Whether you choose to follow a well-established trading system or develop your own, it is important to have a clear understanding of the risks involved and to be prepared to make informed decisions.
Closing the Books on a Successful Chapter
As we look ahead to the future, we are excited to continue sharing our trading experiences with our readers. We hope that our Weekly Trading Tracker has provided some insights into the world of trading and has encouraged you to learn more about this exciting and ever-evolving field. Thank you for joining us on this journey, and we look forward to sharing more with you in the years to come.
Hi Marginal Investor,
ReplyDeleteThis is all new to me but I would like to learn. When I look up a stock in BPITrade, there's a table with Quantity, Bid, Offer, Quantity columns. What do they mean? If I want to buy some stocks, what bid price must I set?
Best regards,
Stronghams
Hi Stronghams ,
ReplyDeleteThanks for your interest in small capital online stock trader. To answer your question the best that we could, we created the page: My BPI Trade. Check it out from the page links just beneath our header.
Your welcome,
Marginal Investor
Hi Stronghams ,
ReplyDeleteThanks for your interest in small capital online stock trader. To answer your question the best that we could, we created the page: My BPI Trade. Check it out from the page links just beneath our header.
Your welcome,
Marginal Investor