Sunday, December 31, 2017

The Old Has Gone, The New Has Come



To all of us lucky enough to witness a new year, hello. And may we not waste this blessing. 

I've promised some of you that I will collate some of my trades on 2017 for your dissecting pleasure.


Trend-Following



ANI was sold on the same day of the snap.




This GERI trade was the only time I went all-in on one stock and would be probably be the last. I realized that my heart just couldn't take it yet. This snap was taken at the highs, but I was able to sell this on EOD at 1.69, 45%.




Notice the time of the snap, 2:41 AM? I went to bed right after and slept like a baby. Little did I know that come sunrise, COL would royally screw up its clients. Ito yung sinumpang araw na 'yon. A little past 9:30 in the morning, COL just flat-out froze, along with all my hopes and dreams. Meanwhile, PXP was dropping like waterfalls. Sold intraday at 8.55, 51%.



MAC Round 1. 



MAC Round 2. 



MAC Round 3.



MAC Round 4.

I just had to milk it. This stock is a trend-follower's dream. I wonder if 2018 would gift us with another one like this. 


Swing


Initially had a TF objective, but the set-up did not materialize. Sold intraday.



Again, this was TF material but the stock showed signs of weakness and I normally would ride it out but my AEP was high. It couldn't take the beating. You know what they say, last one in, first one out. 



ANI was also a supposed TF pero mabagal pa sa pila ng MRT on a rush-hour. There were other good setups materializing at that time so I had to sell the laggard to make room for a faster horse. IDC, sold intraday via minute charting. 



Re-entered IDC during a quick consolidation. Sold intraday. On hindsight, I should've trend-followed the heck out of this stock. I would have had less stress and bigger profits. Hindsight is always 20/20 they say. But here lies the beauty of keeping a trading journal, you get to answer the questions: What did I do right? What did I do wrong? What could I have done better? So many traders take this practice for granted and fail to realize that this is their missing recipe to improvement. 




Had to sell intra because I won't be able to check the market the entire day, and I didn't trust MJC's volatility enough to leave it unmonitored. 


Jerk (also swing but bought on EOD, sold on the following day's open, still a work-in-progress)




Ceiling play.







Here's to all of you employees out there asking if profitable trading is possible while you're maintaining a full-time day job. I ended 2017 at 112.84% while fully-employed, rotating between the day shift and the night shift every 2 months. It was NOT easy. I've been very familiar with sleepless nights, an almost-declining health and a sub-par work performance. Don't get me wrong, I did not neglect my responsibilities. I was still doing pretty solid at work, just not as much as I used to. When I decided to make trading my priority, I had to accept that my job had to take a backseat. No one can serve two masters at the same time, after all. 

So yes. You can trade while you work. But you have to be prepared to make the sacrifices. 

16 comments:

  1. hello mam! ask lang po when you entered the trade in ANI and Geri did you loook at the minutes chart or you based your decision on weekly and daily chart only? Thanks po!

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    1. Hello Quim. I used daily and weekly. I seldom use minute charting.

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    3. ah i see! one more thing, do you buy in tranches or you buy in a 1 go?

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    4. I usually do 2 tranches. But I make sure that my first tranche is already enough in case I don’t get to do my last tranche

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  2. Hi Maam, ask ko lang kung how long po ang shortest and longest hold ninyo sa 1. Volatile and 2. non volatile stocks? Thank you.

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    1. A few mins and 2 months. It also depends on the trade objective.

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  3. Hi Madamme, EOD execution po ba kayo usually sa BUY? Thanks in advance. :D

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    1. Usually yes since I’m working. But sometimes I do half intra, half EOD.

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  5. Hi Mam, trying to dissect MAC trades, ung part 2 di ko mahanap ung sell part...is it okay for you give clues, was it done intra or EOD? and usually for TF's what's your main trigger for selling? thanks

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    1. Hello. This was sold along with PXP, when COL stopped working. MAC was falling with PXP then. I just had to let them both go, mali ako diyan sa MAC. Medyo emotionally-driven sell.

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  6. how do you allocate tranche position size? is it a fixed percentage of your total port or will it depend on how far the current/entry price is from support?

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    1. My first tranche should already be sustainable. If the current price is well above my 'buy below price', I let that go or wait for another optimal entry.

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  7. Good am mam, do you buy at days' open after BO rather than EOD when you are still waiting for final confirmation of your setup?

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  8. Thanks for this blog, insight from the student of master Zee and Kap Kidlat, parang naexperience ko na rin how they taught you the system. More blog please tha ms again

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