Wednesday, January 28, 2015

Makabawi Syndrome





Makabawi Syndrome : when a trader experiences a loss that
 impairs his or her psychological state in trading, causing the
 trader to do more trades than usual that oftentimes result to 
more losses. All for the sake of recovering the initial loss.

Like someone who just took the "NO FEAR" drink


Ahhhh the Red Bull. I'd be very wary on riding this one.
It's "Sure-bull" to get your port red.

Symptoms : reckless and emotional trading, disregarding risk 
reward ratio. switching from one stock to another in a very short
 time-frame. sometimes going 'all in' in a single trade.



To those who experience this. 
Here's a tip to relieve some of the pain:






I went through this phase myself.


Who else is guilty?



13 comments:

  1. very true, i'm guillty of this. in just a month my portfolio is ruined by stupid decisions. still struggling to recover losses.

    ReplyDelete
  2. yes

    - the flash trader

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  3. Guilty. But maybe I should have cried like the picture, sucked it up then jumped back in with a level head. Instead, I spent half of 2014 not trading. Worst part is, it was the first half when things were peachy. Then I went back in the 2nd half which was filled with much volatility.

    ReplyDelete
  4. Hi Zee just want to share, it's been more than 2 years na ko sa stock market but until now wala pa profit and still at a loss. Was doing breakeven/or with small profit before I joined TAP, it was the week after I attended their November TAP overview when my account got burned badly. Nako pinagsisihan ko talga ang pag attend dun, mali yung napulot kong "aral/style". Now, hirap pa ako marecover yung losses but I guess the good part is natututo ako and narerealize yung mga mali though my struggle is yung pag implement ng trading plan. Most of the time is the lack of confidence na magtake nung trade kaya daming missed opportunities.

    If you don't mind, how long did it take you to be profitable/successful in trading?

    ReplyDelete
    Replies
    1. There's always a learning curve. I think it took 2 years to be fully consistent. I'm still learning now as the market is continually changing. ;)

      Delete
  5. been there, done that

    ReplyDelete
  6. I'm guity on this one also.

    ReplyDelete
  7. Me too. When I had my bad trades, I felt like lying down. I don't wanna get out of my room and I felt like sleeping after a bad trade.

    ReplyDelete
  8. Hi zee! Pano po ba mawala tong syndrome na to? kase kada nagttrade ako naaapektuhan ung execution ko dahil sa syndrome na to.

    ReplyDelete
    Replies
    1. You will have to NOT trade for a week or a month. Try it.

      Delete
    2. Hi ZF, before NOT trading for a period, is purge required or not? considering one is at a loss. salamat po.

      Delete