Reflection Sundays: The Core Trait of Winning Traders

test

I rarely see arrogant & egoistic people become successful in the markets.. What’s unique about trading is that it requires a certain balance of ‘self-confidence’, being really fucking ‘aggressive’ when the opportunity shows itself while keeping ‘great humility’ intact on times that the market tells you you’re wrong.


I’ve seen lots of traders come and go… specially those who are early birds in the bull run, most of em make money in the easy times.. then their egos BALOON so high that at some point they get slaughtered by a one big hit, or a series of losses–they cannot admit that they are mistaken, then they quit.


Because of the damage on their psyche, they fail to manage the challenges, and transcend.


This is specially true for people full of themselves.. No matter how smart you are or how experienced you are, those who feel like they are so ENTITLED that they cannot take a step back and admit to themselves that “hey maybe the market is telling me I’m wrong, and I need to change something in my ways” are eaten ALIVE by the market.

On the other hand, in my years of trading I’ve always followed and observed the best traders. whether they are veterans or still rising.. I see one prevalent characteristic.. that is “Selflessness”, there are many other traits you can name it all, determination, thirst for knowledge, flexibility, guts, reflexive decision makingbalance, resillience etc.. we can fill this whole page, but for me, all of these traits are useless without the core trait of “Selflessness”


george

it’s kinda ironic if you think of it..

Why selflessness? my definition of selflessness in trading is–mastering the ability to go with the flow of the market and totally separate your emotions, ego, psyche, and personal worth with how you attack the market.. Yes, individuals have different skill sets.. it doesn’t matter whether they are genius analysts or have superb trading systems–I believe the core trait that keeps them going is their “Selfless” approach towards the market.


The best traders are ONE with the markets.. they listen and act whenever they are wronged which leads them to perpetual refinement… which in the end leads to Mastery.


The market is like a reality mechanism that keeps on punching you back… and those who cannot take these doses of reality easily give up, perish or remain STAGNANT.. on the other hand the most successful traders are able to separate all their BS, drama, emotions, and other personal shits.. because they understand that “the market will do what it wants to do” if you want to make MONEY all you have to do is recognize where it wants to go…….NOT “where you think it should go.”


I have the greatest respect for the people who, no matter how good they’ve become, keep a humble approach in the market.. they remain good examples not to let your ego eat yourself and hinder you from attaining the great opportunities of life. I love talking with these individuals because they are all about self-improvement and learning about the markets.. no matter how good they’ve become they stay grounded and remain humble. Kudos to my idols.. let’s keep it up and see you at the top.

Shabu Analysis™: $2GO, $CAL, $CNPF, $DMPL, $SSI

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.


$2GO

2gosolid1

I like how it’s moving. Interesting to see where it can go. Macro environment is fit for this play.


$CAL

cal

Approaching 4.00.. observe how it behaves here.


$CNPF

cnpf

Trigger at the 19.00 level. Let’s see if 18.00-18.50 is significant, otherwise I’d take a second look when it goes near to 17.00


$DMPL

dmpl1

Illiquid name but somehow my gut tells me that there’s something in this stock.. almost no one is looking at this which is why I find it interesting (in the medium term)

The trigger here is the 13.50-14.00 range. Observe if support levels hold.


$SSI

ssi

I like how this one is forming… Watch it in the weeks to come. Opportunity may be near.


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™: $2GO, $AR, $DD

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.


Been a while since I’ve last posted, seems like index is recovering, but the reward on most index names are just steady. Gaming names on the other hand have made a profitable bottom already.

My eyes are fixed on these stocks–all of which I think will make interesting moves in the days to come.


$2GO

2go chart

After 4-months of sleep this stock seems to be back taking out initial levels 7.00-7.50. Next in line for this is 9.00–take that out and we may see a re-test of the 10.30 highs.. 

Let’s see how far this goes, remember this company is one of the main beneficiaries of a low-oil price environment. What I like about this stock is that there’s little supply… this may go far if demand is sustained.


$AR

ar update

I think there’s gonna be interesting action in this one in the days to come. It should hold above  .007, then let’s see how it trades between .0075 and .0080, if there’s really some fire in this, it will be able to take out .008 and aim higher. 

Of course, know what and who you’re playing with.  If the players want this higher they can really do that.. My systems is showing me that it can take out .008, 

let’s see.


$DD

dd

Very strong move, breaking out of the 10.50-11.00 range… all I can say is congrats to those who have this, in the short term it may visit near 15.00, in situations like these the early buyers are now just probably sipping beer and relaxing watching wherever this stock can go. That’s what’s good about going with the “Path of Least Resistance”


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: Warning signs

Market generally weak. Leaders slowly withering. Be careful. Your typical buy on dip text book mentality will have to be adjusted as I think we’re gonna experience more significant dips.

I’m gonna take a vacation first and drink beer on the beach, while waiting for clearer signs and better opportunities.


$AGI

agi bear

20.50-21, with a sell on rally opportunity at 24-25


$URC

urc dead

One of the titans of our market, you’d be thinking that these stocks are invisible, but you may want to reconsider that mentality. break below 200 you’d see it around 185


$JFC

JFC dead

Just like URC, this is one of the favorite stocks of “long term peeps”.. Unfortunately this previously unstoppable name is also showing weakness. Almost same structure as URC, break below 200, and watch it near 180.


$BLOOM

bloom dead

If this doesn’t hold 10.00+ successfully and break 10.80-11 then it seems like it’ll range down 8.00-9.00 


$AC

ac dead

Pardon the lines lol it’s just for illustration, this is one of the view remaining top dogs of the market, simply because it has always remain superior vs peers and ALI remains strong… but even this name is showing warning signs on my system.

if it closes below 800, watch 750.


$MEG

meg dead

The structure sucks, signals sucks. break below 5.00 and you’ll see this near 4.6-4.7.. but then structure just sucks.. seems like any rallies from initial supports will be chances to sell till it stabilizes near the 4.00-4.20 mark.


$PGOLD

pgold dead

This just looks ugly.. Failure to re-take 40 and 41, then this means it’s dead for the mean time. I expect it near 35-36.


$PSEI

psei dead

Structure reflects most of the leaders.. slowly weakening failing to take out critical levels.. initially 7650. If it still sucks watch near 7400.


That’s all, chill2 muna.. Broad market will definitely be more challenging. The game is now on stock picking, mostly on the speculative side, if you really want to out perform in the coming months.


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

The Importance of Visualization

visual2


The importance of ‘Visualization’

visualization

I honestly think that a big part of succeeding at anything requires immense practice of visualization. I’ve been doing this since I was a kid, in all kinds of endeavors (sports, videogames, trading, business, etc.) it didn’t guarantee sure wins, but I could say it definitely increased my performance (and my chances) when it mattered the most.

Visualizing prepares your body and mind for whatever goal you have. It helps you attract thoughts that put great influence to your ACTIONS. Take note of that–you cannot merely visualize and hope, you must “Visualize and ACT” in order for things to manifest accordingly.

This is also the reason why I’m never scared of losses, drawbacks, and other unfortunate circumstances, because I’ve attuned myself to focus on “What I can do to improve my situation” rather than to dwell on what I cannot control.

There are no losing moments. Instead, I appreciate them and consider them as “LEARNING MOMENTS”. Whenever I encounter significant obstacles, I always take a step back, reflect, re-direct myself, then triple my efforts in order to come out as a better individual / trader.

No amount of shit can ever bring you down, if you really put your heart into this kind of mentality.

Just sharing some words of wisdom from Mang Kanorr (1962)

🙂

Actions Speak Louder Than Words

“Social Media“–the arena where people can be who they want to be while hiding behind their screens. There are some gems who contribute a lot when it comes to trading insights, knowledge, lessons etc. While some, unfortunately, are just here to sour-grape, spread hate, and waste their time trying to crack other people’s lives. 

In this world of ours, only a few people can really back their shit up. I have my greatest respect to those few.  I honestly look up to those who are serious enough to refine their craft and to sincerely help others along the way. It’s always a pleasure learning from people who are better than me.

On the other hand, I pity those who ‘act strong’ yet deep inside are pathetic. I consider these people as Fake Shits and Noise. Moving forward, you will realize that it’s useless to associate yourself with these kinds–they will only drag you down.


I’ve minimized portfolio updates, because I’m working on lots of stuff right now. I also realized that besides myself, the only people I need to prove myself to are my clients. So it’s quite unproductive for me.

It’s just funny when you see someone try to make assumptions without knowing any shit at all.

If you’re overly concerned with how I’m doing then open an account with me and I’ll freaking trade it for you. Then that’s where you judge me, when you’ve actually seen what I’m really doing. My proposition to my clients are simple, I will try my best to consistently get 30-40% year on year. (it’s a pretty conservative and achievable target, again my focus is on consistency)


Just for old fun’s sake. Here’s what I’ve been doing with my humble Shabu Portfolio

MARCH

port march

CEB – test buy but it sucks I threw it

EMP – core position am just gonna hold this, this is my conviction pick as per discussed in (Shabu Analysis March 12, 2015)

Here’s my total position in EMP just so you know I practice what I preach.

emp position

FED – Signals + story. (I don’t buy on story alone, it must pass my system first.) Sold all around 25


APRIL

port april 6

BLOOM , MCP – positioning for the sentiment shift in gaming

DD – Am betting that this will break 9.50 and go to 10+ , must have a strong close above 9.00.

EMP – just holding

Here’s my action for BLOOM today.

bloom today

Been eyeing gaming since last 2 weeks ago. As per discussed in my previous post (Shabu Analysis™ – March 21, 2015).


Consistency and continuous progress is my main goal. That’s all there is to it. There are tons of other traders who are better than me, but who cares? I love being surrounded by people who I can actually learn from.

Most people get intimidated when they see someone better or bigger than them. I actually take it as an opportunity. Thank you sa mga idolo ko.

Mistakes are inevitable, it’s so easy to cut losses and move on. Beyond that my results and my system will just speak for me. I’m not here to be a one day wonder. I’ll keep doing this till I’m 40 or even 60.

As for the insecure pricks who have nothing to do with their lives, all I can say is keep it up bud. I’ll just keep doing my thing =)


That’s all for today.

Ciao

Live Session: Getting High (on profits)

I’ve been getting inquiries and requests on seminars and mentorship programs for quite some time already.

I decided it’s time I help those who are willing to learn a thing or two from me.

eventposter

I’m not an expert, nor a guru. I’m just a real practitioner. This is what I do for a living.

 I’m not the best, but I think I am consistent and experienced enough to provide direction for souls who want to take trading seriously.


Details


Where & When:

Event will be held at our resto “Rufo’s – Paseo Branch” (we have a closed area there for presentations and meetings) on April 18, 2015 (Saturday) 4 – 8pm


Who should attend:

First of all. This is a Trading 101 Session. You should be a Trader–not a long term investor. At least 6 months of experience.  I can consider aspiring (zero-experience) traders, given that you have already a basic sense of market mechanics, and if I see that you are really willing to take trading as a serious aspect of your life.  

If you are still challenged with regards to how to consistently make money in the markets, then this session is for you.


What you’ll LEARN:

We shall be going through the whole thought-process of trading, the Imbang Klase way.

I shall be covering the Core of Technical Analysis (what you need to know, pretty much discarding what you do not need). You will be surprised that some of the most profitable systems are the SIMPLEST.

I believe in this quote: “If you wanna be a winner, learn from a winner”. Thus, it is important that we discuss how SHARKS and FISHES behave differently in the market.

I shall also share what I think is “The Right Trading Mindset“. Something very critical to a trader’s success.

Lastly, we shall be  applying everything that we have learned in simulations and historical examples. Theories alone are useless, right?


Fees and Reservation:

Fee is Php 1800, which I think is fairly cheap for someone who wants to take trading seriously. I believe that you can easily recoup that 1800 after I’ve blown your minds. (kidding)

—-

For those who are interested just follow these simple steps

CLICK THIS LINK to arrive at my form  —–> REGISTRATION FORM

(You shall then see the form below.)

form

Fill everything up.

I will personally contact you if you will be allotted a slot (since we’re only aiming for 20).

If you qualify, payment details and other stuff you need to know will be sent to you via email and mobile no.

Your slot will only be secured upon payment.


Extras

Inclusive of Snacks, Dinner and Drinks (yes, we can get drunk while learning). This is a good chance to meet with fellow traders.

Materials will be provided

10 day passes in Deca Wake Park Clark will be given away (2 tickets each, 5 winners)


Last Note

Again this is a TRADING “101″ session. We shall not be tackling advanced and complex tools and systems. You will realize the power of SIMPLICITY.

I will not discuss my personal system but I will discuss my philosophy.

You will not be SPOON FED in this session. At the end of the day, your success still lies at your hands.

Lessons to be learned from $FNI

$FNI na ata ang stock na pinakamaraming nilabas na iba’t ibang uri ng analysis ngunit lagapak parin.

fni


Let’s enumerate:
1. Fundamentals
2. Harmonics
3. Fibo retracements
4. conventional channel support
5. Historical support
6. Traditional patterns
7. Candles and shit
8. All indicators kesyo STS, MACD nasa ilalim nag cross, RSI oversold or what.
9. Magic Rumors
10. Insider shit


Yet lagapak parin. What lessons do we learn here?

First of all, (in the short-term) it is the interaction of supply and demand that moves a stock.. kahit ano pang insider shit, fundamental magic ng isang stock… IF THAT DOES NOT REFLECT IN THE MARKET… then the market clearly does not agree or SEE your proposition yet.

Also.. kahit ano pang technicals at Funda nyan, eh bound to be disrupted dahil may Follow-on Offer. (which is dictated by the Investment Bankers, the owners, and how the market reacts to the offer)

(Why is the price going down despite previous rumors of 3-4+ FOO?)

Simple, you already have clues. If the DEMAND for the FOO is strong then market price should be rising now, institutions would just buy at the market if the current price is lower vs the FOO.

 If institutional demand for this stock was strong then they would’ve been able to FOO this 7-15% discount when it was doing 3.30? 3.00? 2.80? lol.

Also, the fact na-delayed, and na paliit ang size ng FOO gives you a big clue that demand on the stock is withering or weak. Obviously if there’s strong demand, investment bankers would do what they can to cater to it ASAP.

Lastly, kahit gaano ka pa ka galing, mag TA, mag Funda.. you have to protect yourself from the downside.  Problem with most investors and traders is they seem to like RIDING the downside all the way to the BOTTOM. (harsh truth)

Always put into plan what you’re gonna do if in case your trade goes wrong.


It just pisses me that some people are so dependent, and gullible  Yes rumors , tips, fundamentals CAN help you given the right circumstances, but that doesn’t mean you won’t be implying a risk-control parameter (in case your trade goes wrong)

Sobrang dami kong nakilalang nasalanta dito, lahat umaasa sa storya.. tsk tsk.. pity. I hope this will trigger you guys to work on your strategies and investing philosophies. 


As for $FNI, yup end of day earnings will still prop the stock–so at some point magiging pwede yan (specially if FOO is cleared). Unfortunately those who had this at 2.50++ lost a lot of opportunity already. (time wise / vs other stocks) ok lang kung LONG TERM investor ka.. problem is there seems to be lots of long term investors who are troubled with their high prices. (know yourself, know your strategy, know your risk)

Shabu Analysis™: Gaming Cover + JAP Re-cap

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.


After all the bad news from China trying to fight off global gaming, and what not… I think the gaming sector will be revived soon.

Here are some names


$PLC

plc

Seems to hold 1.45-1.50, I expect a re-test of 1.65-1.70. I hope it doesn’t go to fast though as I haven’t bought enough yet. 🙂


$RWM

rwm

The underdog.. if you notice.. while market was weak and shit it was still holding above 7.00 I think anywhere between 7.20-6.80 this would be attractive. Just place stops 6.60-6.50 below.

Check its earnings 🙂


$BLOOM

bloom

One of the most volatile gaming stocks, but if you know how to play it, you can easily be rewarded with easy 10-20% trades.

For me it seems to be forming a bottom.. See if it can hold above 11 and re-test 12, congrats to those who got near 10


JAP stocks.

Early on we were speculating that 2015 will be the year of the JAP. Our cover was posted on Feb 12, 2015 in this issue of Shabu Analysis™ (click for link)

Let’s look at where they are.

First the bad apple, ORE just slumped below 2.20 trying to hold above 2.00. 

How bout the DIZ-NI combo?


$DIZ 

diz

Aiming the initial 9.00, then if the party goes on 11.00

after that things get funny…. look at this lol

lols

It all depends how crazy the market is, and how cool the jockeys are. 🙂


$NI

ni big pic

this right here is the main play…

Broke the major level 4.00 now onwards to 4.50 to 5.00

Just trade what you see and follow your strategy.


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™: $IS, $UNI, $FED, $OM, $TUGS

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.


I’ll be covering some speculative names I find interesting.

$IS

is march

Held .30

Now within trigger level .33

Aiming at initially .38-.40

Watch the rainbows and unicorns


$UNI

uni march

Still hovering .58-.60

May re-test .65 and .70

Past that things may be interesting


$FED Daily

FED marc

fed week

Sudden gap up after a big block crossed at around 18 levels (last 2 trading days ago)

I wonder what’s up..

Must hold above 20.00

Re-test 22.00

We may see it back at 26-28+


$OM

om marc

FED‘s mother

If there’s really something

must hold above .80

re-test .85

Then if we see some magic .90-1.00+ (IF)


$TUGS

tugs march

Inverse HnS

Seems like low oil environment is here to stay.

This is the slower ship (vs 2GO), but I think it has potential as well

Expect re-test of 1.70-1.75 range.

If its really strong 1.80-1.90+ ain’t far


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