It’s Labor Day here in Guam and I had a chance again to day trade.
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| source: http://www.borsereview.com |
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.
P.S.
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
Buti ka pa, na sell mo na TEL mo… profit na, dividend pa!
Sayang hindi umabot sell order ko sa 2,770 eh.
BTW, san ka sa Guam, Saipan?
COL broker ko. How about yours?
hi Anonymous 🙂
Sa Guam po ako sir/mam. Been holding TEL from May this year nung medyo bumaba then hold it till yesterday. Konti rin lng profit pero as they say “profit is profit”. Now I have funds for other endeavors. It seems the markets are still affected by the crisis out there so it is good time to bargain.
Stocks are not easy. One must be very knowledgeable before going into it. Look for the right chance, right bargain, and you will see your investment grow.
Hi I’m Ands, I’m a day trader and a swing trader dito sa Philippines. Maraming gumagawa nito dito sa Pilipinas pero they just don’t know that they’re doing is day and/or swing trading. Ako mismo naghahanap ng mga kagaya ko na trader. Yung may alam din sa technical analysis using Moving averages, Macd, rsi volume and fibonacci. I want to exchange information about it. Di naman sa pag-discourage and it’s just my own opinion base on experience as a long-term investor dati na sayang yung time. Doing a long-term is actually base on fundamentals from companies future plan and kagaya ng nangyayari sa pldt(tel) and JFC na it’s been 3months na na-invest ako and what happen natalo pa ako…I know 3 months is just a short term but having 34,000/month profit when I started day and swing trading for me is mas maganda and making our portfolio balance bigger is our target diba. It generates income sakin kaysa long term. If you think where on the same page, feel free to reach me at my email:[email protected]. Have a wonderful day.
Thanks Ands for sharing.
I am a beginner, in fact, I have yet to begin in day trading but I’m reserved of doing so because of lack of know-how. Right now, I am engaged in UITF using one of the leading banks in the Philippines. I wish to switch in Day Trading. Please give me some tips in such exercise.
Hi, I’m a starter in terms of day trading. I had experiences with mutual funds and long term investments but day trading seems more exciting to me. I want to learn the ropes and win the game! I have read books on financial intelligence and i’m very interested in your book as well (i will read this soon it’s already in my list) and I want to clarify something. In the books I’ve read, there are terms such as “call/put options, stop order, straddles”. I’m pretty sure it exists in the US, but I want to know if those exist in the Philippines. If there are, which firms or brokers?
Also, in day trading stocks.. Is there a list of start up companies to buy stocks? Like for example for today I will buy 1000 shares for 50 cents each. and by tomorrow assuming that stock would have grown to 1 peso each, then I will sell all my shares. I think they call this penny stock (correct me if I’m wrong). I want to know if there is a list of those companies.
I’m hoping for a quick response thank you I appreciate it 😀
Hi Harvey,
Yes most are in the US and other advance markets. I myself have col, fms, and bdonomura online brokerage accounts and they dont have those terms or kind of order. Most of those are also related to currency of forex trading. As for the list of stocks, I dont recommend any since you as an investor should always do your due diligence.
Hope this helps
Oh I see. Hmm, how about favorite stocks that you usually trade in daily? Yes that was helpful I appreciate it! Oh and by the way, do you have any experiences trading options?
Hi! a friend from India is asking if Interactive Brokers operates in the Philippines? Thanks.