Stock market philippines for dummies

Stock market philippines for dummies

By: softerline Date: 02.07.2017

PH Stock Market for Dummies self. I've been telling myself to get started on learning the ropes to investing in the stock market but I don't know where to start. Or is it possible to be learned by just reading? Is it really just because of potential job loss or accident that you need to save this much? I can still choose not to right?

My emergency fund save me when I had a really down year in terms of work projects. So it's a must for me. The Trading Code is a good read with real examples you can counter check. You can also join seminars that teach the basics so you have a base to stand on.

Investopedia will help you with terminology. Upvote for The Trading Code. OP can also practice paper trading via Investagrams I practice swing trades there myself before using real money. People there tend to at least show charts instead of just hype so it's one way to countercheck findings. Seconding The Trading Code. Have read other technical analysis books but this one makes it applicable for the PH market by having lots and lots of local examples. Also be wary of gurus.

If you're a beginner, maybe TRC is not too bad. But Bo is basically making info available on COL financial much more digestible for those just learning abput financial investments and literacy. But once you have the basic knowledge, why pay someone to give you tips?

I attended marvin germo's seminars and have some of his books. He simplifies the technical aspect of stock investing so it's easy to follow for beginners plus he has a good bit of humor. If you don't want to get an emergency fund eg. Medium risk, medium reward, with a lot less hassle.

Learn the basics, on your own, before going to any websites that make "recommendations". This is the internet, and the stock market is just a competition against every investor out there. Don't make a habit of listening people who could be making money out of you. I know some of them are legit out to teach people the ropes, but you never really know. I've been trading for more than a decade and Ive lost count of the sob stories that come out of following "gurus".

PH Stock Market for Dummies : Philippines

Learn as much trading systems you can, find one you can get comfy with, THEN ask for people's advice, not the other way around. I get that everybody trade binary options on the peaks to know what more seasoned traders think, but if you're starting out, it's ftp put folder command line bad habit to form.

So many black scholes calculator stock options just hype their dormant stocks and leave you as soon as they get their target price. Or even if the guru means well, the fact that so many people follow them historical exchange rate rand to usd means that any minor recommendation can end up stirring the stock market philippines for dummies so jquery input select value that archives scientology day trading get whipsawed or trapped at a price level they did not intend.

I'd imagine it's also what happens in TRC. To be fair to these clubs and groups, I get "tips" from them like TAP, sorrycheck edge for the fundamentals and use the charts for entry. I never like the hyped stocks because of the weird price action it gets from the bandwagon. Hive mind is a scary thing, no? I've had my eye on TUGS for sometime, since stock market collapse 1987 around 1.

It seemed like a solid company, then it got hyped on TAP. Now it has good volume and movement. Katakot lang talaga baka maging pump and dump after guru recos. Pero it seems this is not a good time to start? It would be interesting to participate at the low, just before a bull run starts.

COL Financial - Philippines

But then again, if you already have finds in the market this must be hellahnscary to see your investments go down even if that's the nature of thebeast. Once you have some theory and paper gains, try real money. Kapag may question ako na or nalilito, ginu-google ko lang.

stock market philippines for dummies

Btw, I started stock investment nung Long term tapos money cost averaging method. This one is nice. Will check it out. Don't bet with real money yet if you have no clue as to what you're doing.

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Philippines submitted 5 months ago by jajajajjampong I've been telling myself to get started on learning the ropes to investing in the stock market but I don't know where to start.

How much do you need for an emergency fund?

What I sort of regret was that I didn't figure out to invest the extra funds beyond that. If he wants brokers like COL have free seminars. Please if anybody can read this comment, don't do this.

I tend to overreact when it comes to these things. Tap out na ba ang funds nyo? Lagay mo sa DAVIN, SUREBOL DOBOL! My Maid Invests in the Stock Market - first book ko tungkol sa basics ng stock trading The Trading Code - advanced terms na kelangan ko binabasa ko pa ito Kapag may question ako na or nalilito, ginu-google ko lang. This is an archived post.

You won't be able to vote or comment. Posts are automatically archived after 6 months.

stock market philippines for dummies
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