2010: The Beginning

After learning the basics in trading during the 2nd half of 2009 the hard way (and losing around 10k, ika nga nila tuition fee daw) I wanted to start all over again and this time with 0 cash from my end. I managed to entice my siblings to invest/trade in the PSE and that i will be the one to manage the fund. What do i get in return if it would turn out well? (Sila na ang bahala ^^) and if not... (oh no!) In February 2010 - June 2010, i started to trade stocks like (MBT, FGEN, ANI, MEG, DMC, AP, AEV, NI). I won in some, lost in some and at the end of the 1st half of the year, just breakeven. How come? (ang lalakas ng iba jan ah) Well, the culprit is wrong timing and being impatient (ang kati kasi ng daliri panay ang pindot T_T).

Since then after knowing what's wrong with my style (nadala sa mga sabi sabi ng kung sino sinong magaling daw without doing research), i started to change my style. I tried to be more patient in the stocks i buy (buy and hold strategy and a little bit of research) and after the 3rd quarter of 2010, my ROI was just 15% (ok na un kesa wala, regards to SPH/LPZ nakatsamba kahit konti lang). Well at that time i was very optimistic that i can gain more in the remaining months. Hopefully.

Then the 4th quarter came, and my strategy worked better this time (may mga mali pa rin, tagal kasi naghold o_o) Still got lucky with LPZ since i was able to buy at the 4.xx level and was able to sell above the 6.xx range. My only mistake was i was too afraid to go all in from the start. I bought from 4-5.xx levels so my returns was not that big. Then the PSE rocket started to fly, and my LPZ looked like it was still consolidating for a period of time and i noticed that there were a lot of sellers and very few buyers. (panahon na para tayo ay maghiwalay muna) Blue chips were flying high and i got left behind for a while, so i waited for the perfect timing on a stock that flew to highs of 35, and i went all in when it returned to 33 and fortunately it went higher to 41! My original plan was to sell all at 40 since that was my target, but greed... (not good at all times) The rocket was already out of gas, and i sold late at 36.xx range (thanks DMC, pero sana ginaya ko un isang mahusay na moderator na may DMCI since January! wow!). My ROI for the year was already around 65% but went down because i sold too late. Thinking that consolidation was over, i tried to get in again in the market, MEG this time around since it was strong at 2.5x levels, but i was wrong. My ROI went down as low as 34%/ Then i was eyeing this mining stock and started to nibble some while MEG was going down. Did a little research about the company, it is performing well and looks good in paper, plus MVP. I'll be holding to this until commodity prices starts going down. :)

My 2010 ROI: 49.09%. Hopefully better next year!