thoughts on trading stocks

I have been preoccupied with a lot of things lately and have not been able to update this blog. Honestly, after my work, what has been keeping my busy was stock trading. I think this is really one of the things that I would be involved in for the next few years. Here are a few things that I have learned on stock trading:

First of all, it is not easy. I may have titled my last post as "trading stocks is easy" but the reality is, it is easy up to a certain point such as being reminded of the principle: buy low, sell high. However, knowing when to buy and when to sell is an entirely different matter. Stock trading requires that the trader continually reads and studies. There are a number of principles and disciplines that needs to be developed to become a successful trader. It would also help, for those who are interested in pursuing it, to have friends and people whom you can exchange ideas with. Doing it alone has greater risks than pursuing it with a company of traders. However, it should be remembered that to be a successful trader, you must develop your own strategies and principles, after all, it is your money you are trading and not your colleagues. So, it is one to consider their opinions but it is another to decide on your own according to your understanding and the principles you have developed.

For me, the key ingredients that are essential in succeeding as a trader include discipline and diligence.

trading stocks is easy

I have been reading a few materials related to stocks lately and have realized that a lot of people have no idea of the great opportunities in stock trading. Most people have preconceptions and myths that they have not really looked into and because of this, only a handful of people enjoy the benefits it can bring. I read in a book that stock trading is as easy as managing household finances. It has become difficult and intimidating for some because of its jargons. However, I cannot say much yet since I have been on it for a month and have only learned a few but I am positive that a year from now, I can say a lot of this about stock trading and its rewards. For now, I have to thoroughly learn the basics and all that is necessary for me to become an expert trader.

managing wealth

Every person has the opportunity to become rich. Some make it through hard work, diligence, knowledge, and skill. While others get it through the numbers game. However, those who really stay rich are those who know how to properly manage their wealth.

Some individuals might find this hard to believe but look around you and notice that you need not be working twice as hard, be in an office or graduate from college in order to become wealthy. The media has featured a number of successful people who have had this kind of background. There are a lot of opportunities today and those who pay attention to it are the ones who greatly benefit. To name a few - blogging, online shop, franchising or carting, or even a simple load retailer. But with these opportunities, not all of these people have become richer.


The number one thing they miss out is managing their finances. They have failed to notice that as their incomes grew, their expenditures proportionally, or to some extent, exponentially went up. People tend to neglect restraining themselves in satisfying their wants and this is the beginning of their fall to debt or to simply breaking even.


If we want our wealth to last beyond our lifetime, we need to have a plan and learn to effectively manage what we have.

patience brings wealth

It has been almost a month since I started investing on the stock market and I have been learning a lot of things. But, the most important thing that I learned and continue to develop is patience. I have learned the value of waiting for investments to grow despite the varying opinions on the market. Time cannot always be an enemy. Time can be a friend and an asset to success and prosperity. Also, with patience I have learned to do more important things rather than stare at the charts the whole day. I thank God for my wife who continually reminds me to keep in touch with reality and not lose focus on things that are in need of much attention right now. After all, stock trading is a long term investment (especially with a small starting capital).