It’s Labor Day here in Guam and I had a chance again to day trade.
Since my location has a two hour time difference(Guam is ahead by 2 hours from Philippine time) I get to enjoy two things when day trading: One I have a two hours to place my orders and second I have up to 5:00 pm here to trade.
To day I am finally able to sell my TEL for a profit(not so much though but hey profit is profit). I was also able to sell some stocks that kinda just taking precious value in my portfolio so I just disposed some at a few gains.
I usually do my orders the night before or if time does not permit over the weekend where I have time to analyze the stock I wanted to buy or sell. The extended trading in the Philippine Stock Exchange does help a lot specially for overseas Filipinos who do trade in the local exchange. Some use other online brokers who might be based in the location the likes of E*TRADE and Interactive Brokers.
To all OFWs and foreigners who do invest in the Philippines thank you and kudos to us, lets keep on investing in the Philippines.
To help you start in your investing check out my e-book Investing in Stocks at Learn How To Invest In The Philippine Stock Market