August 16, 2012

The PHL Stock Market...A Crazy Market

This is something that I already know but somehow try to block in my consciousness in order to sustain my interest in investing in the capital market.

How crazy can you get to fall for this guy?
Our stock market is one where careful evaluation of the fundamentals of listed companies and precise slicing into microscopic bits the historical prices and volumes of such companies in what we call technical analysis, will not give even just 51% assurance that your funds will not be dissipated in due time.

Our stock market is lorded over by insiders, jockeys, market movers - stock tacticians all. These stock tacticians have an edge over honest-to-goodness investors who just rely on the advices of well-meaning brokers who just in turn rely solely on fundamental analysis, technical analysis and disclosures from the PSE (which have been already feasted upon hours earlier by insiders).

Now, this I already know but refuses to digest otherwise I will be out in the boondocks planting camote instead of stock trading - TA and FA you might be an expert on, but if you do not act crazy (or bananas per jwara, or retarded per jirah) in your decisions, sorry na lang, you will not make it...in the PHL Stock Market.

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