Even if the local index may look like it is consolidating from here given its current price structure, various names have emerged. Hisuka (@b0yipit) was able to depart the world of HunterxHunter to further solidify the use of his Nen to spot potential market leaders such as $CNPF or Century Pacific Food, Inc. Hisuka a.k.a. @b0yipit is an active member of the Investagrams community who endlessly spreads his knowledge on the local market with the use of Technical Analysis.
Even if this stock is quite illiquid, it still presented opportunities on the daily chart. Moreover, this stock is nearing all-time high levels. During its consolidation phase, the sideways movement was supported with dried-up volume. Upon its breakout of the underlying base, the move was supported with above-average volume.
A breakout of the 15-peso area was an ideal buy point as it was the breakout of the parallel channel line supported with above-average volume. It is a low-risk, high-reward trade, as the stop loss levels for the said breakout point could be below 14.5 (-4%), and the take profit areas could be the structural resistance at 17.5 (17%). Another tranche opportunity also emerged when the stock formed a small base ranging from 16 to 16.5-peso area. The breakout of the said mini base was also a good opportunity to add to your position as the stop loss levels for the said pivot area could be below 15.8 (-4.5%).
Looking at the bigger picture, the monthly chart of this stock is also pleasing. The previous breakout of the 15-peso area proved to be significant as it broke out of the long-term parallel channel line along with immense volume.
It is best for $CNPF to consolidate below the All-Time high levels with dried-up volume to form a constructive base. A break above the 19-peso area in confluence with massive volume is superlative for this stock to continue its dominance.
As Hisuka (@b0yipit) stated in his post, everyone is indeed entitled to their own opinion. Everyone may view a chart differently from that of the latter. If you have formulated and followed your concise trading plan, then there should not be any problem. Take it with a grain of salt, the decision, in the end, must come from your own bias. Relying on the opinions of other individuals will lead you to financial ruin. Great traders such as Jesse Livermore and Nicolas Darvas have experienced this the hard way.
Congratulations to those who were able to maximize the up move of $CNPF. Lastly, kudos again to Hisuka a.k.a. @b0yipit for sharing his trade analysis. Your FREE 1- Month InvestaPRO access is on its way!
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As the local index found support at the 5700 levels, the $PSEi presented numerous trade opportunities to select from. Petix and Chill (@petixandchill) was able to spot one of those potential leaders — Greenergy Holdings, Inc., or $GREEN. This trader is an active member of the Investagrams community who endlessly provides his analysis and insights focusing on the local market.
As seen in the technicals of the said stock, this name formed an ascending triangle pattern. This pattern resembles a triangle or flag that exhibits higher lows in price in confluence with a resistance level from a recent pivot high. While the stock was forming a base, it was supported with dried-up volume. Furthermore, it was also hovering above RSI (14) 50, which further solidified the creation of the said base.
A breakout of the 1.95 pivot area was an ideal buy point as it was the confirmation of the said bullish pattern accompanied with massive volume. It is a low-risk, high-reward trade, as the stop loss levels for the said breakout point is around 1.85 (-5%), and the take profit areas could be the structural resistance at 2.35 (20%) and near the 52-week high (28% to 30%). As of this writing, the stock ended the trading session with a loss. This could be an opportunity to wait for a pullback at the previous breakout point.
To further sustain its dominance, this stock should hover above the 1.9 to 1.95-peso area. In the bigger picture, the stock seems to be on the right track as the breakout of the said pivot was also in conjunction with the breach of the longer-term trend line resistance as seen in the weekly chart.
The epitome of professional trading is the ability to be disciplined and patient when it comes to an emerging name. Waiting for the right moment to strike, whether it would take weeks or months, is an essential skill that we must incorporate in our trading arsenal.
Congratulations to those who were able to maximize the technical swing of $GREEN. Lastly, kudos again to Petix and Chill a.k.a. @petixandchill for sharing his execution. Your FREE 1-Month InvestaPRO access is on its way!
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In any kind of team sport having LEADERS is always important.
The names we give positions of leadership whether they be managers, trainers or coaches are mostly only made to define specific roles in a team. As backseat personalities, such roles can overlap. They are there to either provide logistics, formulate strategies and game plans, or give instructions in real time situations. Among those other components of course, they must share the visions and ideals of the team and would be expected to work hard to PREPARE it towards achieving set goals.
When game time commences, while coaches still play active roles, the burden of performance now shifts to the players. Physical and mental conditioning during the training phase are critical to the outcome. Endurance and tenacity usually become differentiating factors. One team may easily dominate a league if and when it is properly trained, well coached, and have a roster of talented players. In real life sports competitions however, close matches usually tend to happen. And at crunch time, leadership qualities will inevitably become of much higher importance.
In a game of basketball for instance, while positions may have been set with roles well defined, a single person is almost always tasked to initiate plays and carry the burden of leadership. Most often, the POINT GUARD takes the helm. He/she would surely not only have excellent ball handling skills, but the needed “command and court sense” to execute set plays.
The POINT GUARD must also be able read into the defense, put the play into motion and when needed, modify or innovate by providing visual or audible signals to his team mates as the situation calls for it.
In the end, the objective of scoring against the opponent is achieved only if most of the players contribute either by moving the ball into scoring position, giving out an assist, providing a pick or a screen, and most important of all, TAKING THE SHOT.
Of course, not all shots will go in. But if the players know and have confidence in their skills, they TRUST and execute the play. Whether drawn or improvised, taking the shot before time expires is an absolute must. You might miss it and make only say, half your attempts. That will always be better than not taking one.
In an actual game, the PG (point guard) is expected to perform most of the following: Know the players on the court for his team in terms of their capabilities particularly the strengths and weaknesses of each and every one.
Communicate instructions on the fly and execute drawn up or preset or plays.
Survey the field of direct and peripheral vision and read into the opposing team’s defense (or offense). He must make his unit react to on-court movements and respond accordingly to evolving situations. He must always improvise when necessary.
Provide visible leadership that will spur his team mates to raise their level to confidently gain and achieve victory.
People who trade the market should be like point guards.
Although except for the most part we are all only a one-man team. Sure, we sometimes collaborate with other traders or maybe become members of a small, like-minded community but in the end, we play the game alone and by ourselves.
That does not mean though that we cannot apply the “game on” mentality. After all, we constantly train ourselves by being actively or passively engaged in the market. Eventually we evolve with a skill set not unlike a prized POINT GUARD.
Here’s how:
Finding high probability trades using an objective process of stock selection.
Like PGs we survey the court and pick on which side is best to create a play. We carefully consider available choices using set criteria as volatility, momentum, and liquidity and pick a path to follow. Needless to say, picking the right stock to play with is an all-important process that we try to master. It’s like having a DREAM TEAM in your portfolio where when chosen correctly should paste a smile on your face. For us traders, it should not be about popularity although a favorable market sentiment is always welcome.
A methodical trader will always let the numbers do the talking. Quant-based methods provided by trading support providers (like BoH Society) are both impersonal and objective. And preferably using a mathematically-derived short list of candidates in a field of current market leaders that exponentially increases chances of success, we decide on where to set our laser sights on.
Knowing the strengths and weaknesses of our potential trades.
Great PGs are like playing coaches. By both instinct and experience they know which options they can take to create mismatches against the opponent. He finds them and exploits the perceived disadvantage. Loosely translated, it would be like how we view the possible setups, in relation to supports and resistances, and ultimately in the actual Reward to Risk ratio (R/R).
Buying near supports and selling near resistances is the simplest strategy anyone can take. And by most standards the best one that should rack up your wins.
Employing the capabilities of various chart indicators.
In modern day sports programs, the good ones recognize the value of data. When you are using algo-based information, statistics are gathered, collated and brought to life as visual infographics. Most often, team leaders like the PGs are given this information and during pregame huddles discuss with the coaching staff how to work with such in offense or defense plays.
For us traders, this visual data is available in select indicators for us to interpret. The more common ones like Stochastics, RSI, various moving averages, Bollinger bands, etc., can provide evidence or confirmation of price behavior.
It’s quite simply like putting trust in a closely-knit team that you know is there to support you. Of course as they say, less is more. As each has a defined role that has been tested and proven, the trader must now rely on each one to deliver pertinent information that can be useful at the most opportune time.
Execute a trading plan with a proper scale of commitment(aka position size).
A good PG always knows how to set the right pace. In a 48-minute game, he is not likely going to run fast breaks every time. Instead he would try and change the pace every so often and keep the opposing team guessing. Tactics require variations in order to be effective and conserving energy for an end game is crucial to winning.
This is a strategy that all traders must hold dear and have ingrained in their minds.
Capital preservation is always of paramount importance. We need to constantly realize that the only improvisation available for us is in having the will to cut losses, adjust trail stops, average up, or simply take profits. Like the skillful PG, a decisive advance or retreat is the key to securing long term success as traders.
Because win or lose, there is always the NEXT GAME.
Contributor:
Name: Jojo Gaston
Investagrams Username: @JojoGaston0
About the Contributor:
Jojo Gaston is a partner/mentor at BoH Society, an online trading support group that provides traders’ education, and data driven trading format for local stocks, forex, and other foreign markets.
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For this week, we would like to congratulate our featured trader: Mivan a.k.a. @mivanl!
For our featured trader for the week, we will be showing how he was able to spot $ACEPH before it broke out. His trade idea is influenced by Mark Minervini’s ways of trading the financial markets as seen in his analysis of the said stock.
He first determined the importance of identifying a consolidation pattern before entering the trade. It is ideal for a stock to form a base first before it moves higher. The longer it took to form the base translates to more chances for a stronger up move. Indeed, the bigger the base, the higher in space.
Moreover, he also highlighted that the volume was relatively lower than its historical average. It is expected for a consolidation pattern to exhibit such features to signify that it is unquestionably forming a proper base.
Also, he highlighted that there were overshoots of the initial breakdown of the support area, yet it bounced back immediately. That signifies buying pressure on the said stock in those areas.
He also mentioned that the initial breakout was supported by massive volume. Furthermore, on the day of the breakout, it closed strongly as there were no wicks present in the candlestick.
It is a low-risk trade, as the downside for a breakout could be a cut below 2.3-2.35 (-3% to -5%) and potential take profit areas at 2.7-2.8 (conservative) (12% to 16%).
Indeed, being patient enough to wait for a trade where all the variables from your system align is the epitome of professional trading. Setups like this could last from a few weeks to several years. The key to trading the financial markets is to be very particular with your stock selection. As they say, it is up to you to decide whether you are a bored wealthy trader or a thrill-seeking gambler (Minervini, 2020).
Congratulations to those who were able to maximize the technical swing of $ACEPH. Lastly, kudos again to Mivan for sharing his execution. Your FREE 1-month InvestaPRO is on its way!
“Nag-enter ako ng buy order, bakit hindi lumalabas yung stock sa port ko?! HELP PLS!”
“Anong oras ba bumubukas stock market mga boss?”
“Ano po yung CLOSING?”
“HELP! GUSTO KO I-CANCEL YUNG ORDER KO PERO HINDI PWEDE. HUHUHU”
“MAMSER BA’T HINDI PWEDE MAG LAGAY NG TRADE? PANO BA TO? MAIIWAN NA AKO!!!!!”
These are just some of the questions that we, as beginners in the market, ask. I have to admit, I have asked these questions myself back when I was just starting out. So let me help you by explaining each trading period of the Philippine Stock Market in detail. Ready? Let’s go!
The Philippine Stock Market Trading Hours is divided into 9 periods. These are the following:
1. Pre-Open Auction Period
2. Pre-Open No-Cancel Period
3. Market Open
4. Continuous Trading
5. Market Recess
6. Pre-Close Auction Period
7. Pre-Close No-Cancel Period
8. Run-Off/Trading At Last
9. Market Close
Let us explain the periods one by one.
1. PRE-OPEN AUCTION PERIOD
9:00 am – 9:14 am
This is the first period of a trading session. In this period, you can enter, modify, or cancel your orders. However, no matching of orders will occur. That means if you place a “buy” order, you won’t see it in your portfolio just yet.
This is the time when you see bids and asks way off from the previous closing price just like this one:
2. PRE-OPEN NO-CANCEL PERIOD
9:15 am – 9:30 am
Unlike the pre-open from 9:00 am to 9:14 am, during this period, you are allowed to enter orders but CANNOT cancel or modify them. This is the period when you want to view the projected opening prices of stocks since most of the fake bids and asks are usually cancelled before entering this period. You can view the projected open of a price at https://www.investagrams.com/Stock/ProjectedPrice.
3. OPENING PERIOD
9:30 am
This is the period when the Opening Price for all Stocks is calculated. During this period, the Order book is frozen and you cannot enter, modify, or cancel an order. After all opening prices are calculated, the order book will be unfrozen.
4. CONTINUOUS TRADING
9:30am – 12:45 pm
This is when orders are automatically matched at the Best Price in accordance with the Revised Trading Rules.
5. MARKET RECESS
During this period, trading for all stocks is halted. You cannot enter, modify, or cancel orders during this period. Currently, there is no market recess in the Philippine Stock Exchange. Before the March 16, 2020 shortened trading hours, the market recess was from 12:00 nn to 1:30 pm.
6. PRE-CLOSE AUCTION PERIOD
12:45 pm – 12:47 pm
This period is the same as the Pre-Open Auction Period. During this period, you can enter, modify, or cancel Orders.
7. PRE-CLOSE NO-CANCEL PERIOD
12:48 pm – 12:49 pm
During this period, you are allowed to enter Orders but cannot cancel or modify them. If you want to cancel an order, make sure to do it before this period to avoid unnecessary losses.
8. RUN-OFF/ TRADING-AT-LAST
12:50 pm – 12:59 pm
Traders can enter Orders ONLY at the Closing Price. In this example, $MM closed at 2.65 with 1.03M shares of unserved offers. If you want to buy this stock, then you can place a buy order at 2.65 and you will see it in your portfolio after the transaction. If, however, you already owned some shares and you want to dispose them 1-tick lower at 2.64, you will have to place the sell order at 2.65 even if you are willing to sell it at a much cheaper price.
9. MARKET CLOSE
1:00 pm
This is the last period of a trading session. No trading activity occurs here. This is the time when you reflect and journal your trades and screen stocks for a potential play in the next trading day.
CONCLUSION
The key to an effective trading is to keep these market periods in mind before you enter or exit a trade. If you want to place orders at the opening price, you may place them during the pre-open no-cancel period since fake paddings from other market participants are usually cancelled before entering this period. The same is true if you want to place an order at the closing price — you may place it during the pre-close no-cancel period. These simple gestures will save you a lot of headache.
You don’t want to get confused during market hours. So set forth children of the market, use these information to your advantage and dominate the trading world!
Contributor:
Full Name: Geyzson Kristoffer S. Homena Investagrams username:@GeyzsonKristoffer
An Applied Mathematics graduate and a full-time teacher, Geyzson Kristoffer is a part-time trader who has been an active user of Investagrams since 2017. He spends his mornings, afternoons, and evenings learning about trading and reading books: Alexander Elder’s Trading for a Living being his favorite. Cohering to his passion and profession, he set his heart on teaching and helping newbies, but only the dedicated ones.
“If a man didn’t make mistakes he’d own the world in a month. But if he didn’t profit by his mistakes he wouldn’t own a blessed thing.” ~ Edwin Lefèvre
Paano ba mag move-on?
Hindi. Hindi ito love life.
Isa ito sa mga most memorable trades mo bilang trader kung saan you have lost so much money. Halos lahat naman yata tayo, pinagdaanan na ito. Mapa newbie man sa larangan ng stock trading, neutral, high risk or an expert trader, we’ve all been through this kind of unfortunate moments.
Yung trade na sa tuwing naalala mo, napapailing ka na lang sa laki ng panghihinayang at minsan pa nga, ayaw mo nang ma-encounter uli kasi ‘nadala’ ka na at hindi na kayang tabunan yung sakit na naramdaman mo ng kahit anong punch line. Tindi no? Pero minsan, totoo.
Oo, nagkamali ka, cutloss dito, cutloss don.
Boom, sunog ang portfolio.
Balik sa umpisa.
Mayroon pa nga sa atin na sinasarili na lang ang problema. In a world where success and perfection are always considered as the ‘right thing’, it pains us to experience that we are on the other part of that world where terrible losses and disappointments existed.
Marami rin na sobrang nasaktan at hindi pa rin maka-move on kahit bagong taon na dahil pinaghirapan din naman natin yung pera na yon, sana nga pinangbili na lang ng isang bagay na at least, ikinatuwa mo naman, hindi yung parang naglaho na lang bigla sa mata mo nang hindi inaasahan.
It’s a struggle, a fractured fallacy, and missed opportunities all rolled into one.
“San ba ko nagkulang?” Yan ang madalas na tanong.
I am writing this with one sole purpose: to tell you that it is okay to move on.
Pili uli ng stocks, hanap uli ng tamang sistema, at syempre, kasama na din ang dasal na sana this time, makabawi na.
Oo, hindi madali, but if you still have it in you – the passion and the desire to do it again, then it’s not yet over.
But before you try to do it one more time, let me tell you that as you have experienced the worst time of your life as a trader, you should know that this isn’t the time to laid back again, watch tv or even settle down in an easier routine.
Because this is the time to triple your focus on your 7pm to 2am or 5am to 9am hustle.
Learn new things in trading, find your own ‘holy grail’ and never, ever lose that momentum.
It’s when things go wrong that you musn’t quit.
Kung may mga panahon na nag-aalinlangan kang subukang muli, pero you still have the drive, the motivation and the desire, okay lang yan. Just remember to use these traders’ DNA in you as hard as you can.
Stop making excuses and start putting in the work today.
Bilog ang mundo and we’re going around circles. Let the last mistake be the last one and let this be a lesson learned for you to be a better trader.
Hindi man tayo sigurado sa kinabukasan, mayroon naman tayong dahilan para mag-umpisa.
Put that hard work in now so you won’t regret it later.
Got it? Good. Now go apply that new skills you have learned in trading and be awesome. You owe it to yourself and more importantly, you deserve it.
May our breakdowns lead to breakthroughs, mga ka-Investa.
One of the most common reasons why people don’t invest is because they “don’t have time” to monitor the stock market. Well, with InvestaWatcher you can let us watch your stocks for you! Scroll down to see how you can set up your own InvestaWatcher account in just 3 easy steps.
Settle your payment through Debit/Credit Cards, bank transfer to BPI or BDO (deposit or online funds transfer), or at any 7-Eleven, M-Lhuillier or Cebuana Lhuillier branch.
STEP 2: ADD STOCKS TO YOUR WATCHLIST
Once your payment has been confirmed, you can start adding stocks to your watchlist.
Simply go to your Investagrams account and click on the “Watcher” tool on the upper right corner.
Once you land on the InvestaWatcher page, click “Add” to start adding stocks to your watchlist.
A pop-up will appear for you to input your stock pick, entry, cutloss, and target prices:
Entry Price – The range of prices where you want to buy the stock. You will only receive an alert if the price hits this range. If the price jumps past your defined range, you will not receive an alert.
Cutloss Price – The price where you plan to cut your losses and sell your shares. You will receive an alert if the price reaches or falls below the number you enter.
Target Price – The price where you plan to sell your shares and realize your profit. You will receive an alert if the price reaches or goes higher than the number you enter.
Once you’ve entered all the information, click the “Add” button on the lower right of the box to finish setting up your stock.
Repeat this for all stocks you want to add to your watchlist. You can add up to 15 stocks.
STEP 3: CHOOSE HOW YOU GET YOUR ALERTS
To customize how you get your alerts, just click on “Setup Price Alert” on the upper right corner of your InvestaWatcher page.
You will be taken to the settings page where you can choose which information you want to receive alerts on—price alerts only, news alerts only, or both. You can also turn alerts on or off for SMS, Facebook Messenger, and email.
That’s it! Now you can sit back and relax as we watch your stocks for you. Easy, right?
Not yet subscribed to InvestaWatcher? Click here to learn more and start hassle-free trading now!
