Monthly Archives: February 2015

When Do You Mature as a Trader?

When I started trading, I had a challenging time balancing it with school. There I was earning sufficient money for my age,  while I had to attend my classes in order to graduate. By this point, I already knew that I didn’t need a diploma, because I already envisioned what I was gonna do for a living. It was simple:

  1. Be a licensed stock broker
  2. Trade for a living
  3. Be an entrepreneur

The mastery of any of these didn’t require a diploma. But yes, I still finished school to appease my parents and to justify the money they spent.


I cut lots of my classes because I was excited with the idea of making MONEY everyday. Who wouldn’t right? I remember, when I was starting.. it was an emotional roller coaster.


When I gained 6 digits my face would be like:

happy

Then when I experienced losing 6 digits my face was like:

sad


I’ll describe to you how I was when I was starting:

1. I didn’t have a personal system / strategy 
2. I thought there was a magic indicator / formula. I was mainly studying Technical Analysis
3.  I spent a lot of time listening to EXPERT OPINION. Forums, FB, analyst views, etc. to come up with my trading decisions.
4. I was concerned with what other people were doing. I was looking for comfort and approval.
5. I was emotional. I ‘sighed’ every time I miss a big move, and I ‘cried’ every time I had a loss (metaphorically of course.)
6. I was always in a rush to bank in profits, fearing that it may go away. I was more tolerant in holding down to my losses as I was hoping that it will still recover.
7. I was focusing on being right, instead of making money.
8. I was always on the look for that one big trade. trying to go ALL IN–aiming for the jackpot.
9. I was too focused on the short-term fluctuations.


While I was generally a profitable trader, there were times when I thought my world was about to end because of some losing streaks. And to tell you the truth, I am really thankful for these losses–it is in this phase that I was really able to hone myself as a trader.


Remember this:

hard

Every time I had a significant draw down, I always went back to the drawing board.. “study, reflect, refine, re-arm, and try again..” this is an ever-going cycle, even up to now. What’s cool about the market is you can never be complacent due to its dynamic nature.


Through the years here’s how I’ve changed:

evolve
1. I now have defined my personal system. This is my bread and butter as a trader.

2. I’ve realized there is no magic in the market, no single perfect method. All these methods whether FA, TA, quant, hulahoops, darts, shabu etc. are mere tools to increase the probabilities of your decisions. Keep it simple.

3.  I now don’t give a shit about so called “EXPERT OPINION”. There is no GOD in the markets, the only way to be consistently profitable in the markets is to develop yourself and your EDGE.

4.I realized that it didn’t matter whether you’re the only one believing in a certain stock. Your profitability won’t be affected by the number of your allies or compadres. The only ally that you need is the MARKET itself.

5. My emotions have now been subdued. If I make money cool. If I lose money, or miss an opportunity, I just curse for a while.. then snap, the burden is gone. I learned to take away emotions from things I can’t CONTROL

When you develop your edge in the market, you’ll understand that all of these are merely fluctuations of the probabilities. Even if you miss a few plays, even if you lose some trades… End of the day, if you really have an edge over the market, sooner or later you will be able to identify new profitable plays in a matter of time. Stick to your game plan.

6. I now prefer to hold and stick to my winners up to the extent of their potential. I don’t hesitate to cut my losses, there is no room for hope, when my system says sell, or if I feel uncomfortable I immediately take action.

7. I realized that you don’t have to be right to make money. Yes, I may come up with a ten thousand page analysis of why stock XYZ should go up, but then if the market does not agree with me, my opinion is as good as trash. I’ve learned to detach my pride away from the markets. If the market is telling me otherwise, I can easily shift stances. Go with the FLOW.

8. As I’ve increased my size, I do not go all in.. (except in very special circumstances). I always take into consideration my exposure levels and my position sizing. Rather than aiming for one-time gains, I focus on CONSISTENCY. In effect, this clears the concern of any single trade ruining my whole portfolio. If one of my ideas screw up, I just move to the next candidate, with no emotional burden.

9. I realized the importance of PATIENCE. The biggest profits take TIME to materialize.


So back to our question….

When do you mature as a trader?

maturity

Suma total, for me, you’re a matured trader when you can stand on your own feet (INDEPENDENCE), because you’ve honed yourself in the ff aspects:

1. Trading Strategy
2. Risk Management
3. Mindset
4. Instincts


Nowadays.. whether I’m making money or losing money, you’ll probably see me with this reaction.

pokerface


I’d like to hear out how you guys were able to define your own maturity in your trading careers. Feel free to comment and share

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Shabu Analysis™: $ORE, $DIZ, $NI

Shabu Analysis™

Here are some stocks that I have sniffed–sensing some trails of SHABU potential within them.

You may be wondering where the hell I get these stock picks. Sometimes I use my favorite dart set to hit on my wall filled with stock codes. Sometimes I use my proprietary SHABU system to identify plays, I just don’t post my methodology in public because my momma will get mad

All that you will see in SHABU ANALYSIS are merely Price + Volume, some lines, and some ranges in the form of rectangular boxes, because most of the time I’m too high and drunk to look at complicated indicators.


2015 seems like the the year where we’ll see zombies go alive.

Let’s take a peek.

(take note: these stocks can kill you if you don’t manage your risks properly. Like they say, “the stock market is an expensive way of getting to know yourself”)

$ORE

ore

Potential CnH or whatever that pattern that is.

Initial 2.50, then 3.00

after that things get more interesting.

This stock used to trade at the 8 levels before fyi.


$DIZ

diz

Initial 9.50

next thing we’re lookin at is 11.00.

 You damn know what this stock is capable off.

good for you or bad for you.

your call.


$NI

nidaily

Initial 3.30-3.50

break 4.00 and things get interesting.

but wait there’s more..


$NI-Weekly 9 year chart. (since 2006)

NIHAO WEEKLY

Take a look at the bigger picture.

If this stock rams 5.00.. 

Then baka trip talaga to ni Warren Buffet (my role model)… lol

But that’s just me. I’m just probably high right now.


I like to keep my shit simple, no need to make it fancy.

Note: this aint a reco to BUY/SELL, take these as references, and for entertainment.

Act on your own JUDGEMENT
Your money is your RESPONSIBILITY
Always have a TRADING PLAN

Feel free to subscribe if you want to hear more of my thoughts.

Charts are provided by: Investagrams.com

For those who have queries, questions, suggestions, trashtalks, you may hit me up on my FB PAGE

Shabu Analysis™: $GMAP, $SMC, $OM, $FED

Please like the new Imbang Klase page by clicking HERE. From now on, you can find all my posts there. If any of you need to communicate with me just message that page.  Since I’ve already introduced my real identity, I guess there’s little point in reviving my old account. (for now)


Shabu Analysis™

Here are some stocks that I have sniffed–sensing some trails of SHABU potential within them.

You may be wondering where the hell I get these stock picks. Sometimes I use my favorite dart set to hit on my wall filled with stock codes. Sometimes I use my proprietary SHABU system to identify plays, I just don’t post my methodology in public because my momma will get mad

All that you will see in SHABU ANALYSIS are merely Price + Volume, some lines, and some ranges in the form of rectangular boxes, because most of the time I’m too high and drunk to look at complicated indicators.


$GMAP

gmap


Laggard, one of the most under-looked stocks (with great reason I suppose). Seems interesting at this point. 5.80-6.00 should hold, warning stop if it goes below 5.50. I see this potentially at the 8.00-9.00 range in 3-6 months.


$SMC

smc

Another laggard, one of the most despised stock in the market. Initial trigger at the 82-85 range, w/ strong confirmation at 87.

Can potentially go 95-100+ after that. Dunno. Basta alam ko maraming lasenggo sa Pilipinas.. (but they are slowly selling their core product… lame)


$OM

OMICO

Weekly

omicoweek


One of the speculative names that got my attention. This is the mother company of $FED (if I’m not mistaken)

Managed to break past .75. Initial range to look at would be .83-.85. If the market really likes this shit then it should be able to move past .90


$FED – Weekly

FED

With the demise of $IS, comes the awakening of this stock. It managed to breakout of 18.00, only level to look at from here would be 20.00

Quite illiquid, which may be good or bad.


I like to keep my shit simple, no need to make it fancy.

Note: this aint a reco to BUY/SELL, take these as references, and for entertainment.

Act on your own JUDGEMENT
Your money is your RESPONSIBILITY
Always have a TRADING PLAN

Feel free to subscribe if you want to hear more of my thoughts.

Charts are provided by: Investagrams.com

For those who have queries, questions, suggestions, trashtalks, you may hit me up on my FB PAGE

 

A Revelation from the Shabu Lab

So some A-Holes reported my Imbang Klase account, there’s a chance this account will be gone anytime soon. What’s funny is I never engaged into any of their sissy quarrel.

Ano pinag lalaban nyo? Funny how there has been a massive reporting on pseudo/troll accounts but in REALITY, the contribution of some of these anonymous accounts have been really SOLID, and GENUINE–if you know where to look.

In fact, many anonymous accounts contribute more than some bozos showing their real faces but provide low-quality information or recommendations.

Funny how these fools have so much time to fight for their oh so good cause. And if you look at their faces makikita nyo, “mga gurang na to ah”, bakit parang ISIP BATA?

FYI I am just 23 years old in real life. and I find these fcktards really pityful.


Ano to Avengers? Bat ang daming FIGHT SCENE?

avengers

Ano to “Maala-ala Mo Kaya”? Bakit ang daming DRAMA?

crying-woman

Aren’t we all here to make money? To become better traders/investors? 


Pseudo accounts have their own reasons, most want to keep their privacy. I know some troll accounts that are really good traders who manage a huge account already.

Now it’s time for the revelations. Let me tell you why I built Imbang Klase.

10599553_359678507513594_7274786920131501828_n

1. When I started trading, I was employed in a foreign institutional broker, we weren’t really allowed to trade our own accounts. Definitely, I couldn’t write or share anything about me trading in my real account back then. (to my previous bosses, hehehe peace tayo. Thank you sainyo, I learned a lot!)

2. It was supposed to be a journal that showed real amounts, real trades, real performance, so that I can monitor what I’ve been doing while sharing or inspiring to other aspiring traders. Simply put, I didn’t want to be a mere blogger, I wanted to prove that I practiced what I preach.

Due to the nature of information I chose to share, it would be wise to keep a low profile on my identity.

3. I don’t like much noise in real life. I screen the people I interact with. Imbang Klase may be noisy or crazy but in real life I’d rather keep it peaceful and quiet.

4. I wanted to write in a funny, crazy, radical manner. If I came up with a normal goody-goody blog, then that would just bore me, and bore you. I would be the same as most financial advocates.. part of the crowd. That’s why you’ll see Imbang Klase uttering lot’s of crazy straight to the point crap–that’s all part of the character. I wanted to come up with something fun and different, yet still helpful in general. Kaya “Imbang Klase”


In the 4-year life of Imbang Klase, I’ve found lots of opportunities. I’ve met lots of great people–from friends to clients. I’m proud to say that I’ve helped lots of friends and newbies as well.

It would be a waste not to continue what I’ve built here. As much as I would want to keep a low-profile, I got nothing to hide. I’m not a coward. Any day, I can face anyone that has a problem with my blog and my troll friends.

Since I’m not employed in a foreign brokerage anymore, I have no problem with revealing my real identity. Just add me up: Jc Bisnar. (Since this is my real account, save my time and add me only with your REAL account)

I will still continue to blog and shit, but everything will be toned down, more civilized–since now you know my real persona. I will still post from time-to-time but expect some changes in the ways of “Imbang Klase”