I was willing to get a loss of P174 and sold a key stock from my "investments basket" or what they call "port-FOOL-YOU" just for me to establish a good position (I'm anticipating opportunities to buy at lower prices today at PSE). mali kc timing ko kahapon and so me mga paper loss ako at the end of session yesterday.. di ko na-monitor ng maayos price movements, natulog na lang ako nung nakita ko bumaba. So what I did was to sacrifice which one has the least paper loss so I could have cash to go bargain hunting today. True enough, prices went down today.. but when it bottomed out at some point, prices went up immediately and suddenly went up trend.. and of course, I was able to ride the wave.
Now, all we have to do is pray that this wave will continue to go up Monday and get us some profit. If not....... so what?
HAha
Paper Loss yan syempre.. if that happens, I have nothing to fear, aakyat din yan coz the trend is bullish mid-term to long-term and PSE is resilient enough especially for stocks "A", "B" and "C".
If eventually I get to lose real money, then it will only add to my knowledge and familiarity with the situation. But if the wave goes UP..... then it only means one thing. KITA.
Simply put, I win in any way.
God bless!! =)
P.S.
So far, I haven't really lost money since around July 14. Paper loss lang at one time, but I didn't give in. The next day, that 3k paper loss turned the other way 360 degrees full circle.
(DISCLAIMER: applicable lang po yung ganitong sentiment for this season ha.. in about a year or maybe in a few months bigla me mangyari na kakaiba esp with the volatility of US & Global Markets today, so take extra care and be watchful).
Now, all we have to do is pray that this wave will continue to go up Monday and get us some profit. If not....... so what?
HAha
Paper Loss yan syempre.. if that happens, I have nothing to fear, aakyat din yan coz the trend is bullish mid-term to long-term and PSE is resilient enough especially for stocks "A", "B" and "C".
If eventually I get to lose real money, then it will only add to my knowledge and familiarity with the situation. But if the wave goes UP..... then it only means one thing. KITA.
Simply put, I win in any way.
God bless!! =)
P.S.
So far, I haven't really lost money since around July 14. Paper loss lang at one time, but I didn't give in. The next day, that 3k paper loss turned the other way 360 degrees full circle.
(DISCLAIMER: applicable lang po yung ganitong sentiment for this season ha.. in about a year or maybe in a few months bigla me mangyari na kakaiba esp with the volatility of US & Global Markets today, so take extra care and be watchful).
