Big Big Trade

Wednesday, March 01, 2006

Why The Big Big Trade

Big Big Trade is all about the next big move in the Philippine stock market. I have been involved in the market for almost 10 years. I have seen the Philippine Stock Exchange Index (PSE Index) move from 3,400 to 1,000. In other words, I have seen the best and worst of times. I have personally experienced the swings and I must tell you that it is one hell of a wild ride. I do hope to share my investment insights and hopefully guide investors on where to make their next bet.

I must warn you though that investing is not an exact discipline. Human emotions play a big part in the overall equation. I can be right today and wrong tomorrow. But in the end, it is all about managing your risk. Always remember, run your winners and cut your loses. Quoting from Dickson Watts, a famous speculator in the early 1900. He says: “Speculation is a venture based upon calculation. Gambling is a venture without calculation”.

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