Tag: stock market

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Featured Trader of the Week: @tobi_

Let’s give a round of applause to @tobi_ for being this week’s Featured Trader! 

@tobi_ has been a member of the Investagrams community since Oct 2021 and has been very active as he has already posted a couple of times, always sharing his thoughts on views on some of his trades.

A few days ago, our featured trader posted his technical analysis in WEB. A hot stock in the local market recently, WEB has been on an uptrend and recently making new 52-wk highs! 

As the stock was going up in uptrend, @Tobi_ looked for its support, as well as predicting ascending triangles on the chart that were bound for the breakout. @Tobi_ felt that this was a momentum stock for him to play. With that being said, he also considered the RSI pattern.

TECHNICALS OF THE TRADE

Technically speaking, WEB has proven to be a strong outlier in the Philippine Stock market. While others are falling and, on a consolidation, WEB has shown strength as it continues to move upwards strongly. It came from a breakout at 2.37 area before it surges to 4 level. Recently, there was a surge in the volume as WEB became more attractive to consumers. The stock recently reached its 52-week high at 4.74. 

@Tobi_ is confident that prices will continue to rise as he predicted it is a good entry for a momentum play. Furthermore, there is great demand from the locals and foreigners.

FUNDAMENTAL CATALYST

PhilWeb Corporation is one of the leading gaming technology providers in the Asia Pacific Region as well being known for its diverse businesses. Despite the low net income, WEB has been speculative to the traders and investors. WEB is still unstable whether it will continue its trend or a speculative stock that is bound for another surge or dump. Further to that, it is best to observe the WEB and with consideration of the PSEi and the global market as it will rely on these stocks. 

WHAT SHOULD BE MY NEXT MOVE

As the move has already happened, it would be wiser to observe and wait for what WEB might do next before buying in or riding-in with the wave of the stock. It is still unsure whether WEB will continue to rise or to follow its trend, so it’s best to wait for a consolidation or wait for a good entry near its support. Further to that, it would be advisable to trade lightly and in tranches in order to be cautious about your trades especially that the market is unstable and PSE is still relying on the global market, as well as news. 

Once again, KUDOS to @tobi_ for being this week’s featured trader! Enjoy your 14-day InvestaPrime Access and continue to be an inspiration to the trading community.

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How to Earn InvestaGems and win PRIZES

It’s finally here! As our newest innovation, InvestaGems is our in-app currency that will reward active Investagrams users. Basically with InvestaGems will be our virtual currency that you can use to purchase items from our store. For those who are curious, InvestaGems will replace InvestaPoints. For those who have previously accumulated InvestaPoints, refer to this post to find out where your points went.

Accumulating InvestaGems will let you claim prizes like our popular Investa Shirt and our newly released Investa Cap for FREE! For those who’d rather have access to some of our premium content, you can spend your InvestaGems instead on Prime Elite trials or VODs of past events. Some lucky winners can even win prizes like a smartphone and wireless earbuds!

So, how do you earn? It’s super simple – all you need is to be consistent. 

Just login everyday to Investagrams and claim your gems either on the pop-up screen or on the InvestaGems tab below your profile on the left – that easy! The more consistent you are, the faster you’ll be able to earn gems. You’ll only get 5 gems per day, but for every 7th and 30th day, you’ll receive 45 and 155 respectively. 

Of course, you have to be consistent as the counter will reset if you miss a day.

Once you have accumulated your gems, you can head on over to InvestaGems Rewards to see what prizes you can claim, or how much more you would need to be able to claim something you like. 

Gotta keep grinding for that Investa Cap!

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Feeling lucky? Every day, you’ll also get 1 chance to spin the InvestaGems Daily Roulette. Here, you can win rewards like the smartphone and wireless earbuds mentioned, extra gems, and other cool prizes.

We only got 10 InvestaGems today, but maybe you’ll be luckier than us. 😅 Of course, expect more rewards in the future as well. Wen lambo sir.

This is only the start of InvestaGems. Our goal here is to reward loyal members who are very active in the community and serve as role models for others to follow. We’ll make sure to keep you on your toes as we make the Investagrams platform a better place for everyone to reach financial freedom. 

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Featured Trader of the Week: buMalo

Let’s give a round of applause to buMalo for being this week’s Featured Trader! 

buMalo is an active trader who has been with the Investagrams community since 2018. He is very active in the community and frequently shares his trades.

A few days ago, our featured trader posted his re-entry trade in ABA. A hot stock in the local market recently, ABA has been providing investors handsome returns as it has been making new 52-week highs. 

As the stock was going up, buMalo looked for a place to re-enter his position and found a small pocket as a chance to make a momentum play. He re-entered on the break of 1.42 as he felt that momentum was still strong for the stock. With RSI still being above 70, this is a good sign for momentum plays as it means there is still strong demand for the stock. 

TECHNICALS OF THE TRADE

Technically speaking, ABA has proven to be a strong outlier in the Philippine Stock market. While others are falling, it has shown strength as it continues to move upwards strongly. It came from its bottom near the 0.85 area and went into a frenzy once the long-term downtrend line was broken. Most of the consolidations were short-lived and rarely experienced strong downward volatility. The stock is currently looking to break the 1.56 and 1.88 levels, the next major resistances it has to take out in order to reach new all-time highs. 

buMalo is confident that prices will continue to rise as different momentum indicators are still pointing upwards, in addition to Net Foreign Buying still going strong.

FUNDAMENTAL CATALYSTS

AbaCore is a holdings company that owns subsidiaries involved in Finance, Real Estate, Gold mining operations, and Coal mining operations. Despite earnings still not yet near pre-pandemic levels, investors are eager that the company is going to turn its situation around as the company itself has announced that it will be distributing dividends again, and will even add in shares from one of its subsidiaries – PRIDE. The market has taken this as a good sign, and demand has picked up for the stock pushing it to higher prices. 

WHAT SHOULD BE MY NEXT MOVE?

As the move has already happened, it would be wiser to wait for what ABA might do next before buying into the stock. It is still unknown whether the stock will continue to rise to higher levels or not, so it’s best to wait for a consolidation in order to look for a better risk to reward trade. As the local equities market is still facing the same major problems, it would be advisable to trade lightly should you ever want to participate in ABA, especially if you haven’t established a base at lower levels. 

Once again, KUDOS to Bibam for being this week’s Featured Trader! Enjoy your 14-day InvestaPrime Access and continue to be an inspiration to the trading community.

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InvestaU and Chill

No matter the field that we’re in, everyone needs some time off to relax and unwind. The weekends are the perfect time to do so since we don’t have to worry about work. It is fine and recommended to just enjoy ourselves. However, it doesn’t hurt to be a little bit productive for the weekend as well. So, why not do both – a relaxing activity that still lets us be productive. 

Just head on over to Investa University to go over our selection! We offer free videos, but subscribing to InvestaPrime lets you have access to a wider range of content. You’ll be able to browse through all of our premium learning videos and will have access to all of them once you’re subscribed. 

Watching webinars and masterclasses might not be the first thing you think about when you want to have fun. But, they can still be relaxing if you’re open to the idea!

  1. How to look for content that’s right for you

Once you’re at Investa University, you can browse through different catalogs to find the topics you’re interested in.

But, if you don’t have a specific topic in mind yet, you can scroll down over and view some of the featured lessons! You’ll see featured videos that were the most popular, the most recently uploaded, and other differentiations that help you find something to watch.

  1. Friday date nights

Technically not a weekend, people still consider Friday nights part of “the weekend” as it’s the start of our weekly mini-vacation from work. Those who are lucky to have a significant other often treat the end of Fridays as a special time they can spend on dates. If ever you’re sick of drinking out, spending a lot of money at restaurants, or just want to stay home and do something together, watching Investa University Premium content together can be something you can put on your list of date ideas!

You both don’t need to be traders to enjoy these videos. There is a wide variety of topics, from trading and investing to businesses! The speakers are really fun to watch and listen to, really making it a fun activity to do. 

  1. Weekend reading substitute

People who want to become better versions of themselves often like to read books. Although it should be a daily habit, the majority tend to do most of their reading on the weekends as it lets them have more time to do so. If you’re not in the mood to read, but still want to learn, you can head on over to our learning platform!

From trading lessons

Personal Finance

Even business lessons and more!

We still recommend everyone to get into the habit of reading, but we also made the Investa University Premium content as learning supplements for everyone who would also like to consume educational content in video format. 

  1. Access to exclusive webinars

Aside from recordings, having access to Investa University Premium content through an InvestaPrime subscription will also let you join in our exclusive live webinars with well-renowned traders from around the world!

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More than just watching their presentations, you can join in as well and ask them your questions during the live event!

Again, we offer free videos that everyone can access. However, subscribing to InvestaPrime will let you gain access to premium learnings from Investa University along with future live events. If you’re looking for a platform to learn more about trading, finance, business, and even personal development, check ​​Investa University out!

Aside from premium Investa University content, having an InvestaPrime subscription lets you gain access to a lot of other powerful tools and educational material that can help you progress no matter your current skill level. Want to know more about what we offer? Head on over to the InvestaPrime landing page to look at all the features that we provide to our subscribers!

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Featured Trader of the Week: HULYO

Let’s give a round of applause to HULYO for being this week’s Featured Trader! 

HULYO has been a member of the Investagrams community since 2020 and has been an active member of our community. Along with being an IT automation engineer, HULYO also actively trades and is very interactive with other traders.

A few days ago, our featured trader posted his thoughts for PSE:SCC. One of the stronger stocks in the local markets recently, SCC mainly operates through the production and sale of coal. 

Amidst the poor market conditions, HULYO still looks for opportunities, and one of the opportunities spotted was PSE:SCC. As PSE:SCC rose from its bottom, it wasn’t safe from market drawdowns as shareholders experienced sell-offs. However, it is still noticeable that the uptrend is still intact, and the stock appears to have formed a continuation pattern. 

TECHNICAL STANDPOINT

In terms of price action, PSE:SCC is in a clear uptrend despite the rough market conditions. Without making anything too complex, higher highs and higher lows are continually being established. It isn’t in the strongest of uptrends as drawdowns from the tops are wide, but the fact that it still is in an upward general direction while others are falling isn’t something to take lightly. As with what HULYO mentions in his post, the recent breakout could signal that it is receiving enough demand to boost it towards higher targets. One of the biggest supply areas that it needs to take out would be around the 40 area, with the next one being its ATH level of 50.

FUNDAMENTAL STANDPOINT

PSE:SCC focuses mainly on coal production. With coal prices rising rapidly in the commodities market due to supply disruptions, PSE:SCC stands to benefit from increased margins as they will be able to sell their inventories at higher prices. Although the shift toward renewable energy has started, coal is expected to remain one of the sources of energy production for the next few years. It is forecasted that coal prices will stay elevated for a foreseeable future. 

What should be my next step?

As we have constantly been mentioning, the current market environment is not suitable for newbie traders. Even though PSE:SCC has been strong thus far, shareholders will still most likely experience a lot of volatility. There will be a lot more opportunities later on not just in this stock, but in others as well. However, should you want to trade PSE:SCC it would be more advisable to wait for retracements and to keep your positions light. Risk management becomes even more essential during bad market conditions like the one we are experiencing now. 

Once again, KUDOS to HULYO for being this week’s Featured Trader! Enjoy your 14-day InvestaPrime Access and continue to be an inspiration to the trading community.

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How to Turn Back the Clock and Backtest Your Strategies

Whenever we close our trades, we will often think to ourselves – could I have taken more profits? Would there be a way for me to have a better entry? If I did this or that more consistently, would it have been better for my portfolio? 

There will always be things we can improve on, and asking these questions is a good first step. In order to really hone our edge and become traders, we have to take the next step and that is to backtest our system. Whether it be for missed trades or testing different approaches to your past trades, backtesting lets us test changes to our strategies. With the InvestaBacktest, we can simulate going back in time before any moves could have happened. 

Let’s take a look at how we can effectively use the InvestaBacktest to hone our trading systems.

  1. Choose a stock and date to go back to

There are two ways we can look for a stock and time period to test. The first way is to go back to trades we missed and see if our strategy is suited for catching those kinds of plays. 

Here we will just input the stock and the date before the move we missed so that we can simulate what the chart would look like before the move itself. Since we know how things will unfold, we have to be as objective as possible and really stick to the strategy we want to test. 

Another method could be selecting random stocks and picking specific market environments to trade in. Whenever we stress test our strategies, we should always be aware of what is happening to the market index as our strategies should naturally change whenever broad market conditions change. Even if, for example, we have a solid system for breakouts, it will most likely crumble if trades are forced during bear markets. Of course, there is merit in seeing how systems fail in bad environments, but we won’t be able to get any insights if we’re just randomly backtesting in an unknown environment. 

  1. Set the indicators for the strategy to be tested

Once we have the set of data we want to backtest, we then input the indicators that we would be using for the strategy to be tested. No extra fuss whatsoever, it will be exactly as if we went back in time when we see the chart.

  1. Trade as if we don’t know what will happen

When everything is all set and ready to go, we now just have to trade and see how we perform. The execution is simple, we can just click the “NEXT DAY” (shortcut: Q) button to go one candlestick forward, and click the “BUY/SELL” (shortcut: E) button to buy or sell. 

Although it might seem like a small thing, the InvestaBacktest’s feature of not knowing what will exactly happen with the next candle really helps us be more objective. Compare the above picture to the one below.

Again, we might already know what will happen, but being able to not see the exact movements lets us better fight biases, where we would trade more perfectly just because we already know what the next candle looks like

  1. Check how the strategy performs

Lastly, once we have backtested as much as we want, it’s now time to check our results. By clicking the “End Backtest” button, the test will be stopped and our trade history along with some statistics will be shown.

We can see how long our trades lasted, how much we gained per trade, what our total win rate is, and how much our total gain is.

One last thing that you should be wary about when backtesting is that there is such a thing called the optimization bias. Many traders want to have the perfect trading system, so while they build and backtest their system they keep on adding more and more complex rules or indicators to have the perfect entries and exits. Having an incredible system is good, but it is important to know that there is no holy grail in trading. All systems will be subject to losses, and if a system seems too perfect, it will likely have been subjected to lots of optimizations that make it unrealistic to trade with in real-time. The rule of thumb to remember is to keep things as simple as possible.

As you can see, it is really simple to use the InvestaBacktest as we wouldn’t need to know anything about coding as with what other programs use. We would only need an InvestaPrime+ subscription at the least along with our trading system to test. 

Want to know more about what we offer? Head on over to the InvestaPrime landing page to look at all the features that we provide to our subscribers!

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Featured Trader of the Week: @uigie

Let’s give a round of applause to AlMar for being this week’s Featured Trader! 

AlMar has been a member of the Investagrams community since 2020, and he is consistent poster who shares his thoughts and chart studies to the community. Something unique about what he shares versus other members is that he often shares bigger picture views of stocks. While others tend to share daily timeframe charts, he often shares weekly timeframe charts

Months ago, our featured trader posted his trade ideas for PSE:WEB. A widely known gaming company, its stock price has been in a downtrend for quite a while.

PSE:WEB has actually fallen by as much as roughly 96% from its peak a few years ago. With a lot of headwinds and sour earnings, a lot of investors have become pessimistic with the stock. After many months of poor returns, it seems that stock may have gotten some life back. In his post, AlMar mentions that the stock could breakout from its long-term downtrend line. As seen in recent trading sessions, PSE:WEB has just taken its first step should it look to perform a reversal. 

TECHNICAL STANDPOINT

In terms of price action, PSE:WEB came from its lows and formed a pocket near it’s weekly EMA100. Once volatility contracted, a strong breakout was imminent as buyers rushed in on the day of its breakout. The stock’s recent move makes it a prospect for a big picture reversal play. Although high volatility is still present in the markets, strongly breaking out from the EMA100 is a big first step along with breaking out of its long-term downtrend line. 

FUNDAMENTAL STANDPOINT

PSE:WEB is a company that mainly revolves around gaming, with it’s primary business being e-Games Stations, or internet cafes exclusively dedicated to casino games. Through the company’s technology, users gain access to hundreds of casino games and even sports betting. Although they are in a lucrative industry, they haven’t had that much success in recent years as they struggle to become profitable. 

What should be my next step?

As the stock has just recently broken out strongly from key levels, prices need to at least hold above the 3 to 3.2 area in order to retain its momentum. The next major resistances would be the 4.5 and 5 levels, with volume by price indicating that 4.5 could be the heaviest level it would need to break. Breaking out of 4.5 should cause the stock to experience less selling pressure, but we need to keep in mind that we are currently in a bear market, and even though the set-up looks good, most traders and investors might look to sell earlier than usual to lock in gains in a tough market. 

Once again, KUDOS to AlMar for being this week’s Featured Trader! Enjoy your 14-day InvestaPrime Access and continue to be an inspiration to the trading community.

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