Kahit na marami na kong alam about Stocks, Mutual Fund, Variable Life Insurance, UTIF, etc. It still took me some time before I was able to actively trade my COL account. Knowledge without application is nonsense, right? Parang yung friend mo na makapag advice about love, pero NBSB naman..hehe! You need actual exposure to actually know what is out there.
Below were my reasons behind my contemplation, may be you can also relate to these:
1. Akala ko para lang to sa mga matatalino at technical. Nakaka-overwhelm yung numbers and charts, saw the picture? paano basahin yang mga waveform and bars? Numbers! ang daming numbers!haha!
2. Para lang sa may mga pera at sobrang yaman. But I was wrong, having 5,000 na usually eh kaya mo ipang-lakwatsa, you can already have COL account and start from there. Here is the link on how to open an account https://www.colfinancial.com/ape/Final2/home/open_an_account.asp
3. Wala akong pera. Wala akong pang capital because I made wrong financial decisions in the prior year. I traveled a lot that compromised my finances. But, hey, kung gaano mo kagusto ang isang bagay, ganun mo din sya ka hard ka-career-rin. Bangon kaibigan! Cut other expenses to start investing.
4. Walang magtuturo sa akin paano mag trade. Lahat naman nagsisimula sa pagiging "newbie" o baguhan. Mag simula ka, unti-unti mo din matututunan yung enviroment ng stocks at dadating yung mga taong makakausap at magtuturo sayo. As always, you have to start, si Lord bahalang mag provide ng iba pang kailangan mo along the way.
5. Madami ang nalulugi. There is truth to that, high return - high risk ang stocks. Pero naisip ko, kaya ko nga mag waldas sa mga lakwatsa ko, nauubos din naman ang pera ko dun for the sake of experience. So iniisip ko nalang, experience din ang mag trade, as if nalang pinang-travel ko yung pera at wala ng balikan. haha!..pero, isang malaking PERO, dito may chance na kumita ka, another source of income.
One day, after all the excuses, I was able to overcome my personal obstacles and started my journey.
Kinaya ko, kaya mo din if you will be willing to learn and take the risk. :)
First trade: Double Dragon 12.72
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| I bought @12.72 and today's price is 47.29 |
Till my next post!
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