We would like to congratulate our featured trader for this week: TSide
TSide was able to spot the $DITO, entering at 13.36 and targeting 18 in his forecast, taking home a 34.73% gain. TSide was able to eye the peak of the wave, exiting perfectly to maximize his profits before $DITO closed at 17.4.
TSide likes to keep his charts clean, utilizing only the EMAs, Volume, and the Price Action of the stock in his Technical Analysis. He uses the 10, 20, 50, and 100 day EMA in his charts to spot juicy trend reversals and enter trades with minimal risk and high upside potential.
TSide also has his eyes on $APL, $BSC, $PHA, and $AR, cycling between these stocks and finding the right opportunity to enter trades. TSide has his fair share of fundamental analysis, always sharing news about his favorite stocks in his timeline. TSide shows the Investa Community that trading doesn’t require complex systems and hundreds of indicators. TSide’s simple and effective trading style proves that traders can still be profitable with the simplest of techniques.
Congratulations once again to TSide for being the featured trader of the week, and kudos to his forecasts, fundamental analyses, and trading advice! Your Free 1-Month InvestaPRO access is on its way!
Cost averaging is the method of investing where a certain amount of money is invested in a specific interval over time.
Advantages
Mitigates Risk
Very Smart way of investing in the long term
Conclusion
It is asset accumulation
Additional Ideas:
Investing long term without the anxiety
Not everyone can time the market as well as the top traders in Investagrams, and not everyone can handle the pressure red candle sticks bring during dumps. Even though there is no absolute risk free method of investing, there are methods smart investors use to minimize risk.
Cost averaging is perhaps the simplest and least stressful approach to investing, wherein the main objective is to accumulate as many shares as possible and stay above the average price to gain profit.
Cost averaging is a very long term and conservative investing strategy. Instead of investing a lump sum and risking everything all at once with a single pump or dump ready to make you rich or penniless, implementing cost averaging regularly takes portions of your lump sum and invests it in a preset schedule.
Being able to accumulate shares over time at different price points protects your portfolio from the painful losses of sharp dumps. Since Cost averaging is very conservative in nature, it doesn’t benefit as much as other methods from breakouts. It, however, does a very excellent job of preserving your wealth.
To put cost averaging into perspective, suppose that you want to invest 1M in Jollibee Foods Corp., which is currently 4 pesos per share. If you invest everything in a single price, and that price drops to 3 pesos per share in the following week, you would have already lost a quarter of your capital if you were to close the trade.
Now, if you were to invest your 1M evenly in a span of 8 months, you wouldn’t have to commit to a singular price that can dictate your capital the next day or so. Investing 125 000 per month, and purchasing as many shares as your monthly budget can afford mitigates your risk and prevents a single price to lift or crush your capital.
Yes, you would sometimes buy an overpriced share, sometimes an underpriced share, but as you accumulate shares over the months, time will do its part and grow your capital. No more FOMO, no more complicated Technical Analysis, no more stress.
It is important to note that like everything in investing, there is still risk involved in this approach, and that cost averaging isn’t the one size fits all answer for getting rich. Declining markets can still be a threat to your capital even if you follow this approach.
The cost averaging approach is not for everyone though. Investors who are really thinking long term will find this strategy stress free, easy, and effective. It eliminates confusion during entry and exit, and gives clarity to investing in the stock market by keeping things simple.
Traders with higher risk appetites however, may find this method a bit slow and boring for their liking as they are used to riding trends, anticipating pumps and dumps, and getting in and out fast. Even as such, cost averaging shouldn’t be completely overlooked by traders as this can still be a useful approach to preserving the wealth that they have accumulated over time.
Champ was able to spot $ACEN, entering at 6.97 and targeting 8.05 in his forecast, snagging a 15.49% gain. Champ was also able to profit from $ABA after entering at 1.35 and testing its limits, exiting at 1.55 right below the ceiling and bagging a 14.81% win.
Champ isn’t just a forecast maestro in the investa community, he also knows how to find laughter in his trading. Besides his skillful use of the fibonacci retracement tool to identify key support levels during charting, Champ also shares a lot of memes in his posts. He also adds a bit of fundamental analysis into the mix by bringing in pieces of hot news in his timeline, making him a well rounded trader.
Recording an impressive 92% profit in 2 months isn’t an easy feat, but Champ makes sure that it looks like a breeze. In his 50 000 Capital Starting/Newbie Challenge Virtual Portfolio, Champ was able to bag a net profit of 45 696, with an average gain of 12.57% per trade and 69% accuracy, showing beginners that it truly is possible to be profitable in the stock market even with a small capital.
Congratulations once again to Champ a.k.a @iamchamp for being the featured trader of the week, and kudos to his forecasts, insightful technical and fundamental analyses, and hilarious memes. Your FREE 1-Month InvestaPRO access is on its way!
Despite frustrations in current market conditions, Binsoy still remains patient, diligently sharing stock updates in his stock picks: $PSE:BSC, $PSE:PHA, $PSE:APL, $PSE:ACEN, and $PSE:PPC . Unlike many traders in the community who have fallen silent during the market’s trip to Chinatown, Binsoy still continues to share his sentiments and expected scenarios.
Binsoy is currently looking at $PSE:MRC, plotting historical support and resistance levels and fibonacci retracement levels, waiting for the perfect time for a re-entry. Binsoy applies the Elliott Wave Theory in his trades. And with $PSE:MRC invalidating the corrective waves, Binsoy changes the game plan and braces for the dip. At present, Binsoy is waiting for a catalyst for MRC and hints at possible consolidation due to decreasing volume.
Binsoy also shared his insights with $PSE:MM after it broke out from the Trendline support and the Darvas box around the 7 peso level down to the 6.6 peso level. Binsoy plotted a key support level around the 6.48 to 6.31 levels, with the price close to hugging the support level. The last candle, which formed an inverted hammer, indicates a possible bounce on the support line. Decreasing volume suggests that the stock is resting from last week’s bullish movement.
ACENatics are covered by Binsoy in his $PSE:ACEN stock update. Binsoy looks at the current pattern as promising, with the Elliott Wave count being obeyed as expected. The bounce on the 5.8 levels after the C wave is very favorable for ACENatics in the community as the price movement, backed with strong volume, shows signs of high demand. A possible Bullish Engulfing pattern can shoot $ACEN up to Binsoy’s resistance 1 at 6.62 or even up to resistance 2 at 7.05 next week should strong demand continue.
Patience to those waiting for re-entry and kudos once more to TechnicalsbyBinsoydgreat a.k.a @puretechnicalsbybinsoy for constantly sharing stock updates and highlighting the available opportunities during these times. And as appreciation to your relentless contribution to our trading community, your 1-Month InvestaPRO is on its way!
These traders have gains ranging from 100% to 200%. The most impressive part from all of this is they were able to achieve these stellar gains in only 3 months! And now, everyone will be given the opportunity to learn from these super performance traders directly and discover the strategies they used to maximize the opportunities given in the stock market.
The stock market, not only in the Philippines, but around the world, went crazy last 2020. To start the year, we experienced one of the biggest market crashes of our lifetime. Countless traders lost money, while many decided to quit trading overall. March 2020 was definitely a very difficult time for traders, newbies and experienced alike.
However, that crash wasn’t the end-all-be-all. Little did we know that once in a lifetime opportunities were about to arise, we just needed to be prepared and patient. Those who quit and decided not to persevere early on were most likely unable to take advantage of the several opportunities later in the year. But to those who continued to dedicate their best efforts to trading, they were handsomely rewarded.
The Investagrams Trading Cup 2020 was created as an avenue for trading in the Philippines to BOUNCE BACK from all the struggles and challenges that 2020 brought us. The entire concept of the competition was to find traders who wanted to make 2020 their comeback year. Countless shied away from the challenge, but there were definitely those who stood up to the tall task.
Joining the competition and deciding to commit was actually a win in itself, but there were those special few who made the Top 100. Then if we drill it down even further, we will find the ELITE Traders who are part of the Top 1% who made it to the Top 10.
These traders have gains ranging from 100% to 200%. The most impressive part from all of this is they were able to achieve these stellar gains in only 3 months! And now, everyone will be given the opportunity to learn from these super performance traders directly and discover the strategies they used to maximize the opportunities given in the stock market.
We invite you all to the upcoming Trading Cup Defense which will be happening on February 13, 2020. This will be a live event via zoom where our Top 10 will be sharing with the community the strategies and setups that allowed them to outperform thousands of other participants. For as low as Php 1499, you will get the trading secrets of InvestaCup2020’s Top 10 that will help you reach your first million and beyond.
Make the smartest investment today by investing in high-quality trading education.
Just like the countless opportunities given by the Philippine stock market to end 2020; you don’t want to miss out on this.
Trading is a time-consuming job that demands having to check the market for good entries and exits. Unfortunately, not all of us have the luxury of time. Some of us may be preoccupied with other things, such as day jobs, school work, chores, etc. The easy answer here is to go for the long term and to invest instead of trade. However, trading can still be feasible even with a busy schedule as long as you keep the following habits in mind.
Know your own time
As a first step, it’s important to know your own time, when you’re at your busiest, and when your free times are. This entails for you to plot when should you plan for the week’s investments and possibly analyze the market for the time being.
For example, weekdays are busy days and often are non-negotiable, however, weekends are free. Then you should allow a few hours of your day and look into the market!
Create a Plan
Now that you’ve set a time, create a plan. This includes analyzing and predicting your market. Given that you barely have the time, it’s important to already anticipate both the best and worst-case scenarios. Knowing at what price your entry and exit points are, as well as your cut loss, and scheduling it beforehand through your online broker is an easy way to do this.
Plotting all these in your notes or better yet, in an excel sheet could keep these organized and give you easy access to the plan you’ve made.
Download Apps (like Investa)
Lastly, maximize all the resources available to you and use an app to monitor your stocks! Investa has a watcher feature that could give you alerts every time a significant indicator is triggered or a certain price level is hit. This lessens the amount of time you constantly have to allot to trading while still getting its perks.
Time is indeed a trade-off, however, a few simple habits and techniques are the key to including trading in your schedules. After all, allotting just a few hours of your day and getting the returns that you expected are what make all the difference.
Despite the PSE visiting Chinatown last week, The Data Scientist was still an active and helpful member of the Investa community. The bears weren’t strong enough to pull The Data Scientist down as he is continuing to uplift members of the community, especially those who have red portfolios.
The Data Scientist supplements his uplifting attitude by sharing his insightful observations to the community. The Data Scientist is very proficient at identifying key support levels using Fibonacci Extensions, spotting potential price corrections, tracking oscillator movements, and extracting crucial information from indicators.
What sets The Data Scientist apart from other members is that his observations are newbie friendly, incorporating terminology lessons on every observation post. The Data Scientist also helped out @mattdoesntstop ‘s Sagip Trader Program by sharing his free lessons on his timeline. The program was held last weekend, aimed to aid those who have been caught in the dip last week by giving out free lessons on his discord channel.
The Data Scientist’s quick lessons about terminologies such as Book Value vs Market Value, and Cash Dividends and Stock Dividends, really help the members of the community eliminate confusion and be better traders. All of these help the community to stay optimistic and continue trading their way out of the rat race.
Stay strong to those who have been caught in the dip, and kudos to The Data Scientist a.k.a @datascience for sharing his observations, informative lessons, and motivational quotes. Your FREE 1-Month InvestaPRO is on its way!
Subscribe to our Newsletter
Join our mailing list for investing tips and stock market advice to help you reach your first million.