(Here's our short promo video. Our UPTC Christmas bazaars run from October to November 26.)
.The Weekend Showroom's ongoing Christmas fair at UP Town Center was featured on the wildly popular website, www.wheninmanila.com! Please check out the link below to read more about our exciting event!
(Here's our short promo video. Our UPTC Christmas bazaars run from October to November 26.)
In less than a year, BIZWHIZPH has acquired new team members and grown its business to include organizing and marketing events with popular malls. BIZWHIZPH launched The Weekend Showroom in March 2017, and has since partnered with Tiendesitas, the Podium, and most recently Megaworld Lifestyle Malls to organize fairs and bazaars for their targeted audiences.
In the next few months, The Weekend Showroom will branch to even bigger venues, such as the Capitol Commons Park in Estancia. We are excited to see where 2017 takes us!
Here is our DWIZ 88 Global Pinoy radio program take-over, where we talked about the challenges of motherhood! Of course, we also discussed the perfect Mother's Day gifts, which can all be found at The Weekend Showroom's Lucky Mom Fair at the Lucky Chinatown Mall (May 8 -14). This video features our very own Estelle Ople-Osorio (Managing Director) and Danielle Ople (New Media Communications).
Last month, we provided social media marketing services for one of our clients. Our services included social media management, t-shirt design, and video and photography. We worked closely with the company's Human Resources Department to hype their upcoming Halloween event, with the aim of persuading at least 90% of their workforce to attend. (We only had two weeks to populate one of their digital platforms AND market the event!)
I am happy to say that we were able to hit our goal. All 150 t-shirts were claimed and the event was packed with happy employees. This feat proved that with focus and determination, ANYTHING is possible - even in public relations.
See you in the next event!
New Media Communications Manager
Gilbert Serrano Gutierrez
Facebook : https://www.facebook.com/gilgutz
Mobile : +63915-7719767
Telephone : (02) 8625776
I have had comments from people who have asked me to explain why I seem to be always "hedging" my market analysis. I tend to give both sides of the story and never commit to either being a bear or a bull.. I think there is a basic misconception of what TRADING is all about. As a trader I am not interested in predictions of future action. I am not married to an opinion ,but instead take a neutral view of the market and take a proactive stand based on the evidence the market constantly throws at us. This creates a very lucid and dynamic mindset which is crucial if one wants to succeed in the long run.
If I tend to give an analysis depicting 2 sides this is precisely the skill needed by a trader. Scenario building as it is called is a major component in the skill sets that a trader needs to have. Many people tend to stick to an idea and hold on to it until "hell freezes". The end result of this mindset is long term ruin.
Proactive involvement is essential if one truly wants to mitigate and control RISK which in the final analysis is the "secret sauce" of surviving the market place. It is for this reason that as a TRADER not an investor that I take such views that can change dramatically.
Risk control demands that one has to constantly be adjusting and fine tuning exposure. By having a neutral stance one can react without having to justify a change in view based on the evidence that the markets exhibit.
In the end, the TRADER's mindset creates a picture of a person without conviction which is totally the opposite since it is precisely the conviction of accepting change that creates the long term element needed for profitable long term success.
In traditional technical analysis one of it's many concepts are Trend Reversal Chart Patterns.
The more common would be the following:
1) Head and Shoulder
2) Double/Triple Tops and Bottoms
4)Cup and Handle
These variety of patterns do occur in market action,but I think there is an inclination for traders to try to search for them at the wrong places in market cycles. A basic tenet that I adhere to is that if you need to "search" for it then it is not there. If it is not obvious then don't let your imagination go wild and create the pattern. Likewise, it should develop after an extended or mature price trend. We should avoid designating patterns when trends have just begun and is in the process of developing into a more sustainable trend. When trends begin don't start looking for reversal patterns at it's early stages. If these patterns pop up after let's say an extended up or down move lasting for many periods , days amd months then the reliability factor of it's validity increases. Why? simply stated it is at the right place at the right time.
So, don't spend your time lookng for these patterns to show up at "every" turn or swing in price activity. When it is truly there it will "pop out" and stare at your face.
I was just left in awe how this guy can monitor all these charts. If you think keeping up with just 5 under your portfolio is hard enough, wait 'til you see how many set-ups he have. This is on another different league. How about you? How do you do your trade?
Watching the market drop and not being able to profit from this bear phase is a pity. Unfortunately, I think the PSE has not yet fully set in place the mechanics that would allow for "short selling" of shares. If it did then we would have a "two way market" and would be able to trade both bull and bear trends without restrictions. It would be nice if we can follow the " US model " no up tick rule" and "no naked shorts". I will not go into the details of these terms,but the key is that being able to sell short is going to open opportunities to really join the ranks of developed markets. Likewise, the bear will not become a problem for those who have the skills to play both sides.
Can you imagine what will happen if the PSE does enter a prolonged bear market. One will be trying to catch "bottoms" for a bounce (technical rally) and will be breaking the first rule of trading by going against the major trend. Like they say "trying to catch a falling knife".
Well, hopefully the bear won't hang around long enough.
All of a sudden I am seeing an increase in articles and commentaries in some daily newspapers about the the vulnerability of the Phil stock market. In fact, one even had it as a banner editorial.The irony is that this sell off was triggered amid the headlines of the 7.8 GDP growth.
The funny thing is that only a few weeks back the story was generally " Go ! Go! Philippines" . Don't get me wrong I am all for the "Philippine Miracle". We deserve it specially our marginalized countrymen.
What is my point? Simply stated in the stock market or markets in general don't take everything you read, hear and see as the infallible truth that will take markets sky rocketing into outer space. I am not saying that what is out there is fabricated news not at all. If you get carried away by the bullish news and hype of how great things are then don't be surprised if you get caught in a downward spiral. You know what? Stock prices also go down and can stay down longer than we can emotionally handle. I recall a joke I heard in an investors forum many years ago -" Long-term investments actually start out as short -term bets until they turn sour and Mr Investor cry's out loud "Not to worry I will hold it and include it in my collection of long term investments". Sounds familiar???
To all I say again- "Get educated and learn to make your own decisions. There is no one out there no matter how noble of intentions who will take care of your hard earned money more than you will."
To answer this question requires a definition of terms.There are at least 3 styles of trading namely 1) Active Trading 2) Momentum Trading 3) Swing Trading. The difference lays in the duration one holds a position.
1)Active Trading- holding a position for a 1 to 4 day period
2)Momentum( scalping) Trading- holding a position for a period of a few seconds to a few minutes.
3)Swing Trading- holding a position for at least a few days to a few weeks.
So which style do you want to pick?
Your choice may be dependent on your emotional and psychological make up. If you are a risk averse person who wants to sleep soundly at night without having to worry about what can happen the next day then momentum maybe the way to go. If you are capable of holding overnight risks and having the fortitude to deal with 2 to 5 day volatility then the active style may be your comfort level. For those who are willing to take bigger risks for bigger rewards and are emotionally in control of fear and greed then join the Swing Trader club.
After deciding what camp you belong to then you develop a Trading Plan that captures the appropriate time horizon matching your trading style.
What doe this entail?
Simply speaking the methods are essentially the same across styles the basic variable here is what price data you will utilize to trigger your entry and exit points. The methodology can be the same.
In other words, if you are an ACTIVE trader you would apply your method on daily ,hourly and 15 minute intervals. A MOMENTUM (scalper) trader will apply it on tick, 1 ,5 to 15 minute intervals. A SWINGER will focus on 2 hours, daily,weekly, and even monthly intervals.
To be more precise don't use a 1 minute price chart if you hold positions for days and weeks. It is a useless chart for your needs. If you are a momentum trader a daily/weekly chart will not provide you with a sensible picture.
An example to review is the method of analysis that I have shown in the more recent videos( with a 15 minute chart) on this blog. I have focused more in ACTIVE trading ( 1 to 5 day moves). Take note that a bullish move or a bearish move can last for a few days only which matches an active style. If I wanted to follow a SWING move then I will be focusing my attention to the daily and weekly chart and not necessarily use the 15 min charts. If I wanted to catch the intra-day micro trends(momentum) I would be using 1 and 5 minute charts.
So the bottom line is that one has to use the proper time frame matching
the trend one is trading.
One final note when one claims he/she buys and holds a stock and reviews his/her positions maybe 2 to 4 times a year this is not TRADING this is INVESTING.
I got a call from an old friend who asked me- " OK if today was a possible reversal day what do I buy and what do I do ?" My answer was very straight to the point -"I don't know!!!"
A misconception that many market practitioners/traders have is that trading decisions are -"ONE SIZE FITS ALL". This expectation is a major reason why so many fail in the long run. One has to realize that TRADING markets require a TRADING PLAN that is tailored fit to ones unique situation. It is analogous to expecting every runner in a marathon to run at the same pace and perform equally well. Only the individual runner can determine exactly how to run the race based on his/her own understanding of ones physical and emotional capabilities.
Trading is very similar a coach or mentor can teach you the rudiments and the nuisances that trading entails,but ultimately your victories will depend on you and you alone.
So when I answer "I don't know" I am actually telling you to "Hey! don't put your trust on what I am saying,but develop your skills and your discipline to be able to answer that question yourself." I don't say this fastidiously .Many of us have a desire to become successful in trading ,but are not willing to put the time and effort necessary to develop the skills demanded. We want the quick answer -Buy this or sell that and expect accuracy and reliability . In truth even the so called experts and mentors including myself make countless mistakes. Don't think that the veterans are infallible that is farthest from the truth.
At the end of the road YOU have to take charge and take responsibility.
By: Jose Aranaz
Seasoned Trader, Senior Mentor