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In one of our previous articles we interviewed Diolito Igloria Jr., or commonly known as Davinsoy Trader on Investagrams, to share more about himself to the community. As our team prepares for the upcoming Investagrams Trading Cup 2019, we took a look back at last year’s competition and who were some of the participants who stood out among the rest. Almost everyone on our team mentioned Davinsoy Trader, a super trader from Cebu. If anyone’s unfamiliar with Diolito, let us remind you of his achievements:

• Investagrams Trading League 2019 Round 1 2nd Runner Up
• Investagrams Trading League 2019 Round 2 Champion
• Investagrams Trading Cup 2018 4th Runner Up

However, the greatest achievement we believe Davinsoy Trader got from the market was an opportunity to not only become a full time trader, but most importantly the opportunity to become a full time father. Sir Diolito’s story is tremendously heart-warming, especially for those of us who also want to take trading full time. He is a registered Electrical Engineer and former Accounts Manager, two very stable and good paying professions. He decided to go full time into trading during the tail end of the bull market last 2018.

Diolito’s first two years in the market resulted in him losing is entire capital twice without his wife knowing. Even after she found out, she still continued to deposit funds and support Diolito’s trading journey. Despite losing hard earned money to the market, he never gave up. Diolito continued to persevere despite wiping out twice in the market. With continuous learning, hard work, and dedication he was eventually able to recover all of his losses and more during the 2017 bull market.

From that point on, he decided to resign from his job and trade full time. Diolito now has the time to take care of his child while his wife goes to work. He treats his trading a business, not a game. After a few months, he joined the Investagrams Trading Cup 2018. We all know what happened after, Diolito ranked 4th during the Investagrams Trading Cup 2018 out of thousands of competitors who were all looking to grab a spot in the coveted Top 10.

Davinsoy Trader’s story is truly one for the books. He served as an inspiration for those of us who want to take trading full time in order to spend more time with our loved ones. Despite ranking 4th during last year’s competition, he continues to remain a simple and humble person. There is no doubt in our minds that Diolito is on his way to not only becoming one of the best traders in the country, but also one of the best fathers.

This week’s featured trader is not someone who was able to successfully spot a specific stock before making a significant advance, but rather someone who shared his execution with the intention of helping others. A huge shout out to Gagamba Trader a.k.a. @enzo_gagamba for sharing his execution on his $IDC trade.

Gagamba Trader was able to buy $IDC (Italpinas Development Corporation) when it broke out of its psychological and structural resistance at 6 pesos, his trade idea was confirmed when the volume spiked significantly above the average. His mindset was to nail down a decent swing profit with half of the position, which is why he sold half at 7 pesos, and keep the remaining half for a potential further advance.

One of the details that stood out to us is that he had a CONTINGENCY PLAN ready in case his original plan didn’t pan out as he expected. You don’t hear a lot of traders talk about having a contingency plan, but this is something Mark Minervini taught in his first book. Along with his basic trade plan for a specific position, he also has contingency plans in place for anything that may happen. As for the case of $IDC, Gagamba Trader initially wanted to trail the remaining 50% of his position using the 20 day, but he also had a backstop at 6.50 in case of a sudden sell down.

As we all know, $IDC was sold down significantly in a matter of days which prompted the need follow the 6.50 emergency backstop. He was able to strictly follow his plan and secure his profits. Gagamba Trader also reminds everyone to plan your trade and trade your plan. Kudos to Gagamba Trader for his successful $IDC trade, and for sharing your execution to the Investagrams Community!

On Technicals:

The reason why $IDC was able to make a 40% move in a matter of two weeks is because it was able to breakout of it’s downtrend channel with significant volume.

If you check the hourly chart, you’ll also notice that $IDC gave several continuation patterns. The stock gave four continuation patterns before temporarily topping at 7.35, which was also it’s previous resistance. As of the moment, $IDC will need to break above its previous high at 7.35 to continue the up move.

For the daily chart, you’ll see that $IDC was supported by the 20-day moving average. This is a good sign showing that there’s obvious demand for the stock which supported it during the sudden sell down.

Congratulations to everyone who was able to ride to 40% move of $IDC, and to those who were able to pickup the stock when it dipped towards the 20-day moving average. Lastly, kudos again to Gagamba Trader for sharing his execution, your FREE one-month InvestaJournal is on it’s way!

Strike when the odds are in your favor.

When you are able to find a good coaching, it’s a huge multiplier in your trading journey.

Here are some success stories that we gathered from D-League, one of the leading premium InvestaGroups in our platform. Javi, Ken, and Matt held a sample “Town Hall” gathering last July 20 and discussed trading techniques with their fellow traders including an $IDC stock where some of the attendees were able to ride the trend and benefited from the discussion.

We have interviewed three D-League members and here are their stories where they have met the team including the breakdown of their $IDC stock trade. The recommendation includes details about their own strategy objectives and set-ups, results analysis, position sizing, risk management, and most importantly — execution in a live market.

D-League Members’ Success Stories

CHRISLER
@chrisler18

I’ve been trading for 2 1/2 years (part-time) and comfortable in swing trades and momentum set-ups. I wanted to look for a kind of support group where you can share your trades and strategies and luckily, I was invited by @anima to join their group.

Our first meet-up was on Sat, July 20 and it was worth it because the learnings gathered that time was already on a different kind of level, you can already ask questions right away. They share to us a technique called “The Rule of 3” which have a success probability of 70-80%. The basics of Elliott Wave Theory was also discussed briefly. And then they shared their technical analysis on our most requested stocks with the application of their technique and wave counts.

One fellow trader asked what can we buy on Monday? And sir Javi said $IDC without hesitation. They show us the chart, and at one glance I saw that it has my momentum set-up. That gave me conviction to buy early in the morning (with a tight cut). Here’s my entries and exits as well as position size when I completed the trade:

I used 1.5% VAR on this $IDC trade. Bought 60% position at 5.68 average and 25% at 5.56 during intra-day re-test. Then 15% at 6.05 the following day. Sold 45% at 6.34 on July 24 expecting it to re-test at 5.8 and make a base there. Bought 30% again at 6.09 on July 25 and sold all shares at average of 7.02 on July 30 during the rallies.

Reason for buying:
Mini consolidation near its break-out point (5.6)
Break-out of 5.6 and RSI (30) 60 confirms its break-out

Reason for selling:
Top of trend line and whole number resistance
No base formed, expecting a steep drop

With this trade I was able to boost my overall portfolio by 8% and generated a profit for the annual payment of the Open Journal Premium Group Subscription.

RAYMOND

@Dnomyar10

I’ve been trading for 1 year and 8 months full-time. I’m a trend follower and a momentum trader. I decided to join D-League so I could learn more trading skills from Ken, Matt, and Javi and to see if I’ve made an improvement throughout my trading journey by way of comparing my strategies and set ups with theirs. So far, it’s been a really good experience as they’ve been helpful specially when reading and analyzing charts.

I got in to trade the $IDC because of Javi’s recommendation. When I checked it, the patterns are in line with my system so I decided to buy in the trade. My first entry was from the break of the mini darvas, and then I added my second entry through a momentum entry. I noticed that the price movement is quite fast so I trailed using 5ema.

Here’s the screen shot of my portfolio with the $IDC stock. I was able subcribe to the Open Journal Premium Group Annual Subscription as I gained enough profits from the $IDC trade.

We hope these success stories inspire traders to be more patient in waiting for the right trading set-up, the courage to do what it takes to follow their biases, find good coaches to help you on your trading, and be more focused on their road to consistency.

BERTO
@kepler

I opened my stock account way back 2013 and have been on and off trading since then. I only became more serious with it 2 years ago and now an active trader. I am a trend follower. Since I have a day job, I only focus on the daily and weekly time frame.

I am thankful and fortunate enough to have been invited to join D-League. Learning how to effectively trade is exciting yet daunting. Learning is oftentimes in isolation thus a community like D-League is a breather. It’s nice to have a community where you can ask about some techniques that I could not fully grasp or validate some experiences that I’ve had. I think those were the main reasons why I joined D-League.

The first D-League training session was held last July 20, 2019 however, even prior to that, the team, headed by @taylor, @anima, and @meflores, has been generously sharing their knowledge. I highly appreciate those Sunday online sessions that I have attended. I think the session last July 20 was just a continuation of what they have started with D-League, to share their trading style with the public. The discussion was very casual with topics that circulated around what came from the individual stock chart analysis but the emphasis was in the Rule of 3 and some topics on Elliott wave theory.

$IDC was one of the stocks that was analyzed during session. Convinced by the principle of the Rule of 3 and the Elliott Wave Theory, I followed the recommendation and bought the said stock last July 22. I bought the said stock with a trading plan in mind because the team reiterated that the price is king, which means that the current bias may also be wrong. I was preparing to cut my position the following day yet the price soared which gave me the impression that the bias was right. The following day, July 24, the price retraced to a level that has been previously discussed in the community and I was able to add to my position through an O-H order. With bewilderment, when I checked the price after the close of the market, I knew that the price had already bounced and I held unto it. Last August 2, I already sold my positions. Just in time for the Open Journal Premium Group launching, I gained a substantial amount of money to pay for the 1-year subscription. It was a good trade to start my journey with Elliott Wave.

Find out more about the Open Journal here: www.investagrams.com/p/openjournal

As proven by Scraffycoco who ranked 4th during the Investagrams Trading Cup 2017, it’s possible for students to thrive and come out on top in a very competitive environment filled with competitors from various professions. However, what about those students who didn’t make it to the Top 10? Or even the Top 100? Were the journeys of the youth who weren’t able to make it to the top a failure?

Many might view that not being in the Top 100 in a competition that had thousands of participants is a failure. However, for those perpetual learners, this would only be another hurdle in the process of becoming great. If you view any competition as a place to learn and hone your skills, then you will never come out as a failure no matter what your rank was.

We interviewed Kervin, a long-time user of Investagrams and a student competitor during the Investagrams Trading Cup 2018. Despite still being a student and having only a year of experience in the market at the time, he was not afraid of the pressure of going up against the best traders in the Philippines. Also, he wanted to partake in the competition as an avenue for learning as he aims to continuously improve his trading. “I was never really in a competition with anyone but myself. I saw the Trading Cup not only as a place to learn, but most importantly as a place where I can practice my discipline in executing my setups.”

Q: What was your mindset coming into the Trading Cup?

A: My mindset was to win and keep up with the best traders, but it was also to become a better trader myself. I knew it was going to be a process if ever I would make the Top 100, yet alone the Top 10, and I loved every moment of it.

Q: How difficult was it to handle both your real portfolio and virtual portfolio at the same time?

A: It was very difficult. Especially since it was during a bear market, it was hard to decide which portfolio I would cut my losses first. Often times after cutting losses on my real port, I would forget to cut my losses on the virtual port. Also, I had several positions on my real port that I did not have on my virtual port during the beginning of the Trading Cup.

Q: Did you have difficulty trading during the competition because you were just a student at the time?

A: With my experience, not really, since I trade end-of-day. This means that I usually check the market from 9am to 10am, then again from 2:30pm to 3:30pm. With this approach, I am able to manage my time better between trading and listening in class. Also, I don’t get whipsawed as often since breakouts would have shown signals that it was a fake. On the other hand, there were also several stocks that bounced or broke out intraday that I missed due to my EOD trading. Both approaches have their pros and cons, and it’s up to the trader to decide which approach works best.

Q: What was your most successful setup during the competition?

A: I am a breakout trader, but during the bear market, trading this set up was one of the hardest. What I can say however, is that the bear market improved my criteria in looking for breakout plays. I was able to be more selective with my trades and was more patient in waiting for the right play. It’s very important to focus on the quality of your trades, not just the quantity. Following the 80/20 principle: You make 80% of your profits on 20% of your trades.

Q: What are the tips and advices you would like to give the students who plan to join the Trading Cup 2019?

A: My tip is simple. I encourage all students to join the competition. Because win or lose, at the end of the day, you get to bring valuable lessons when you go trading live. With the current offer more tailored to students, this can be a way for you to jump start and build your investing journey. Also, this year’s Trading Cup is more than just a competition. It’s now also an avenue for learning for those who want to begin their investing journey. If I’m not mistaken, there are bonus webinars and learning modules for student competitors.

Q: How has your experience during the Investagrams Trading Cup 2018 affected your trading today?

A: My discipline has improved tremendously after the competition. When you’re just starting out, this is when you begin to learn different strategies and ways to profit from the market. At first, I was system hopping or trading stocks that weren’t even part of my bread and butter setup. After learning that majority of my losses came from those trades that were forced and didn’t have a proper setup, it reinforced the importance of discipline when it came to execution of the right setup.

Q: How has your experience during the Investagrams Trading Cup 2018 changed your life?

A: First and foremost, it helped me understand that in trading you’re only competing against one person. You don’t compete against other traders, gurus, and especially not the market. Your only competition is yourself, and it’s your responsibility to be a better trader than you were yesterday. It has also showed me how much more I needed to learn and improve on. My goal was to be part of the Top 100, but sadly I didn’t make it. Nevertheless, the competition instilled in me that trading the markets is really a process of perpetual learning.

That’s it for this one! Kervin is a definite example of someone who is a perpetual learner. He came in with a mindset of competing head on with the best traders in the country, but more than that he also wanted to become a better trader himself. He didn’t have any difficulty trading in the competition since he adjusted his trading style based on his circumstances. He chose to be an end-of-day trader and focused on catching setups during the closing hours of the market since he had classes during the day. Also, he highlighted the importance of focusing on the quality rather than the quantity of trades made.

Kervin also encourages students to join the competition as the Trading Cup is also a place to learn and jumpstart one’s investing journey. He also noted that his discipline as improved significantly after experiencing the Trading Cup first-hand, he now focuses on Grade A setups only. Most importantly, he urges everyone to understand that the only competition out there is yourself. On a macro view, your overarching goal should not be to outperform the trader next to you, but to be a better trader than you were yesterday.

Congratulations to BehindTheTrades for spotting a potential market leader as it continues to increase in price. $ROCK (Rockwell Land Corporation) has been moving in an upward channel that began last May 2019, he notes that the important resistance to break in order to make a bigger move is 2.35-2.37. For those who haven’t seen his post, it was posted on our Market Wizards InvestaGroup. This is something the stock has already done and is now on it’s way to retesting multi-year high at 2.78.

 Initial Spot

On Technicals

As the property sector has been and is continuously showing strength, $ROCK can be one of the beneficiaries from being in the leading sector of the year. After its 60% run up at late 2017, the stock has declined significantly and has remained dormant throughout the duration of 2018 and the first quarter of 2019. However, $ROCK has now begun to show some signs of strength as it has begun its climb on increasing volume. As highlighted by BehindTheTrades, if the stock can break 2.78, then we may see a potential swing to 3 pesos.

As $ROCK continues on its upwards channel, a conservative buy would be at its channel support at around 2.38. This is also its previous resistance, so we have a SnR flip in play. If volume will continue to increase in the coming weeks, then there’s a big possibility that a bigger move towards 3 pesos may unfold.

On Fundamentals

Looking at its Fundamentals, $ROCK has been a solid company that’s has consistently shown positive earnings. Also, as mentioned earlier, the stock is part of the leading sector of the year. Don’t be surprised if we may see a move similar to what happened at the end of 2017.

Kudos again to BehindTheTrades for spotting a stock that has big potential that almost no one is watching! Your FREE one-month access to InvestaJournal is on its way!

These are the type of plays you can spot at our Market Wizards InvestaGroup, so you don’t want to miss out. For those who are wondering how to be featured, you may visit this link and learn a thing or two. Good luck!