Subscribe Twitter

Monday, December 17, 2012

Getting Geared for Stock Trading

The stock market has been on a steady incline since the third quarter of this year, mostly attributed to the country's economic growth. I hold before some shares from Ayala Land which took a dip a month after a bought it in 2009. I had to wait for a year or so before it bounced back and I sold it immediately at almost the same price when I bought them. In my mind, it is best to break even than to lose.
 
I used to be very active in the stock market despite my measly investments. I owned few blocks from a popular network, a manufacturing company and a beverage company. Then, the stock market somehow lost its luster and so was my interest. I mean, who would want to trade when you see red and an arrow down sign day in and out?
Recently, I’ve been seeing some good news (read: gainers outnumber the losers) in the stock market and I am slowly getting convinced it's time to go back to trading. Admittedly, I am not much of a risk taker so I limit my investments to only what I can afford to lose. I am not someone who will risk my children’s savings.
Anyway, so I checked if my account with an online trading/broker is still active (thankfully, it still is!) and began browsing. But the bad news is since I have not traded for a couple of months, I have somehow unlearned how to do it.
Just like a soldier going to war, one needs to arm herself before heading somewhere unfamiliar (or in my case, forgotten). I decided to try some stock market simulator first so I can do some practice trading. The great thing with stock market simulator is that you deal with real stocks of real company on a real trading scenario. (Jeez, I think I’ve never used the word ‘real’ that often). Somehow it will refresh my memory with the stock terms, understand the procedure again and help rebuild my confidence in trading.
I am on my 2nd week now on the simulator and I am getting the hang of it. Let’ see, maybe next month I can begin trading again.

2 comments:

emranhossen khan said...

The first reason to use Zulu4me’s ranking is because it is freeSocial trading Forex. You do not have to pay to use our ranking,Forex signals free you just need to create a Demo Account in Zulutrade through us.Forex signals review This way, you do not need to study more than 20.000 traders,Forex signal provider you just need to study 20 or 30 traders. Finally, if even knowing that a personal assistant will help you,Forex signal service you are still not sure about Zulu4me advantages,Trading systems that workyou should continue reading this post.

Nancy khan said...

The first reason to use Zulu4me’s ranking is because it is freeZulutrade. You do not have to pay to use our ranking,Zulutrade review you just need to create a Demo Account in Zulutrade through us.Zulutrade experience This way, you do not need to study more than 20.000 traders,Zulutrade opinion you just need to study 20 or 30 traders. Finally, if even knowing that a personal assistant will help you,Social trading you are still not sure about Zulu4me advantages,Social trading platformyou should continue reading this post.

Post a Comment

Related Posts with Thumbnails