Tuesday, February 7, 2017

The Superman Effect and thoughts on Maximizing Profits

Borg Plays are Love.


I've sold all my ALCO shares on those two ports as my trailing stops were hit. Average sell for both accounts were near 1.35 - it's a bit tough to sell when you've got conviction volume that could influence the market Up or Down. The high for the day was at 1.67

One person was asking me why I wasn't able to maximize my gains by selling everything at the 1.5-1.6 levels.  I told him...

"It's not about maximizing gains. 
It's about maximizing your system."

Who would have known that 1.67 was the top? No one can consistently predict and trade the tops and bottoms of the market. If you were able to sell all your ALCO shares at 1.67 successfully based on your gut-feel, then good for you. But would you be able to sell at the tops on the next trade? And how about the one after that? 

As human beings, our emotions will most likely be consistently inconsistent, which can lead to flawed trading decisions. But a trading system, with constant practice, can be consistent.


You know that feeling when you have successive bad trades and you feel your confidence levels drop? It's a terrible state and  sometimes you'll find yourself stuck in what we call makabawi syndrome. But you know what's equally terrible? 

The Superman Effect.

This happens when you've "hit the jackpot" by winning several or few trades with conviction and you gain some sort of high - you feel like you're indestructible, that you'll be able to replicate your trophy trade on to the next one with ease. There's some sort of immense control you feel over the markets as if it would do your bidding.

You execute trades that are high risk because you feel like you can take the punches. After all, you've gained a good buffer of gains to offset potential losses.

"Okay lang malugi. YOLO. Afford ko naman."

And you know what the worst part is? When you come to a point that you've lost all your gains because of over trading and you don't realize that you're slowly transitioning into the Makabawi Syndrome.

So after selling my ALCO positions, I decided to impose a 24-hour purge and trading ban in my port to be damn sure I won't get high with my profits and go Superman! I sold all other positions and I've decided not to think of the next trade (if possible) and just relax my mind.

Always remember, don't trade when you're excited or fearful. If you're under the Makabawi Syndrome or the Superman Effect, purge until your emotions are at Zen - and you won't be able to do this if you're still holding existing stocks, following your favorite guru, or that noisy facebook group, and that useless subsrciption.

Trade when you are ready. Body, Mind and Soul.

3.X M in 4 days. Not sure how much I gained exactly too lazy to compute right now. 

Not bad right?

Tuesday, January 10, 2017

COL : A glitch in the System

Hello and welcome to ZF's first and last ever guide to COL's full window loophole! If you're an active and hardcore COL trader, this one's for you.

Now I know some of you guys are pretty tired of COLfinancial not allowing multiple full windows as opposed to when it was still CitisecOnline. I can imagine the frustration for people who have to deal with slow internet and need to do multiple transactions during panic moments - because it doesn't just cause you to have huge amounts of mental stress, nakakapangit din siya.

So I've decided to share this little loophole to all ya'll COL users out there. (Make sure you don't share it to anyone from COL or the party might just stop.)

Step 1 : Login to your account. (Duh Zee!)
And start to open lesser windows.

Notice that I've opened several other lesser windows from the Main window. Take note that if you close the main window, it will close all the other lesser windows that came from it. I'm pretty sure you already know that, just sayin you know. 

And also notice the date (Jan 8) which means, I haven't turned off this trading laptop since that time - I just let it sleep. This is unnecessary information though, I just wanted to make this step lengthy to read. LOL

On the 3rd tab, you'll notice it's a full window, just like the first. And yep! This is the kind of window we'd like to achieve. 

On the 4th tab, you'll see it's a lesser window under Broker's Ranking (this came from the main window) 

On the 5th tab, you'll see it's another lesser window under Portfolio (this also came from the main window) 

Let's go back to the 3rd tab, under portfolio so you'd see the difference between a Main and a Lesser Window.

Step 2 : Login using a different browser, then logout.

Step 3 : In your main trading browser, refresh one of the lesser windows - I used the 5th tab under portfolio. (DO NOT REFRESH THE MAIN WINDOW) This will redirect you to COL's homepage. 

Try to login. 



Main window achieved! 

Important things to note:

1. If you refresh the new Main window, it will only close the other windows that came from it. It won't close the original window.

2. If you go to the tab where the new Main window came from, it will automatically close itself.

I guess that's about it. Have fun!



And after reading some of the comments below... Looks like those work too now! EASIER pa! (I remember COL wouldn't allow that before after detecting another active full window within the same browser.)

New Tab ---> COL ---> Then just login (if they redirect you to the homepage)