Online Trading Perfomance Year 2009

Online Stock Trading

Updated April 9, 2023

ONLINE STOCK TRADING took a back seat for while when Marginal Stock Trader got himself employed in a business process outsourcing company conveniently located along Ayala Avenue, Makati City, Philippines.

Holding on to cash

For the past six months since 17 July 2009 when we started tracking our BPITrade trading account weekly equity balance, Marginal Stock Trader completed only three purchases.

Nevertheless, we decided to close all our outstanding positions and hold on to cash when our total trading account equity of 10,000 pesos went down almost 5% by the end of November 2009, following our 6% Monthly Loss Limit Rule. We ended the year with a cash position of 9,481 pesos in our online trading account.

Accumulating equity

We have a total starting capital of 3,500 pesos as of 19 May 2009. We allocated 3,000 for our stock trading activities and 500 pesos for our BPITrade account minimum balance requirement.

Then we made a second capital infusion 3,000 pesos on 18 June 2009 to finance the purchase of a second Ayala Corporation shares board lot, making us a holder of 20 AC shares.

On 26 June 2009, we contributed another 3,000 pesos to build a total equity of 9,500 pesos. This allowed us to buy our third board lot increasing our accumulated holdings to a total of 30 AC shares.

We were able to complete on 17 July 2009 the first step to building our first one million pesos when our total equity reached 10,000 pesos with additional funds of 500 pesos coming from our savings program.

Building wealth

Looks like building wealth is a desirable goal filled with temptations and setbacks. There is a huge temptation during implementation to move away from the rules and plans you put in place at the inception of online trading activities. The result of course could be undesirable because instead of growing our equity, we could end up with more losses than profits.

Indeed, the whole idea of day trading or weekly trading to build wealth when our fund is limited should be reviewed. Our experience tells us we could have ended the year 2009 in a more positive note -- even if we consider our worst decision of buying 10 AC shares at the top -- had we just bought and then held our position as of 26 June 2009, staying on the sidelines and avoiding trading altogether.

But we played the role of a weekly trader, online trading is our game, and so we traded.

Trading outlook 2010

We might stay on the sidelines for while from trading AC shares unless some really really great motivation to trade comes up. Forget about day trading or weekly trading for us. There is no sense making a quick trade and lose money as quick. All indications point to swing trading for us hence. Walk the talk. Follow the plan. Align with the rules. That is what we are going to do.

Tracking trading performance

We remain cognizant of the purpose of this website: to keep track of our progress being an online stock trader. Watch out for the action. We will tell you what's going on in our trading account. Let's expect some good news and build wealth through online stock trading.

Investing Online And BPI Trade

INVEST ONLINE WITH JUST ONE CLICK, says the BPI Trade flier that Marginal Stock Trader took on his way out of the BPI Securities Corporation office last week when he went there on official business at BPI Head Office, Ayala Avenue corner Paseo de Roxas, Makati City, Philippines.

BPI Tade Flier
Marginal Stock Trader decided to share in this post the contents of the said BPI Trade flier:

Get Efficient, Convenient Access to your Investments with BPI Trade!

A unique and advanced online investment facility, BPI Trade gives you online connection to invest in Common Stocks, Fixed Income Securities and Mutual Funds right from your Internet-connected PC. So go ahead, buy that stock or make that placement. . .at your convenience.

Simply log on to www.bpitrade.com and make your investment orders. With BPI Trade, everything you'll need is with us. . .online!

Get the best investments with great benefits to match:
BPI Trade empowers you to choose from a variety of investment products to fit your needs. It also gives you the investment information you need and keeps you updated anytime, anywhere!

Common Stocks

• The lowest Commission Rate of 0.25% allowed by the PSE
• Get updated with Real-time Market Information direct from the PSE
• Real-time Order Status via Email/SMS
• Off-Hours Order Taking
• Online Confirmation Advise next day
• Online Statement of Account on the 1st day of the following month
• Email/SMS confirmation on matched deals, high/low share prices and closing prices
  

Fixed Income Securities

• Trade T-Bills, Fixed Rate Treasury Notes, and Retail Treasury Bonds
• Shortest tenors available
• Always quoted at competitive rates even for the lowest minimum investment
• Off-Hours Order Entry
• Online Confirmation Advise
• Email/SMS Alerts on Maturities and Transaction Status
  

Mutual Funds

• Invest in ALFM Peso Bond Fund
• Historically higher yields compared to traditional bank products
• Php100,000 minimum investment
• participation fees (sales load) WAIVED
• Online Contributions and Redemptions
• Email/SMS Alerts on Transaction Status
  

A secure website for your peace of mind!
BPI Trade has a "firewall" that protects you from unauthorized access. With your unique User I.D. and Password, only you can access your BPI Trade account. BPI Trade will run only with browsers that support a 128-bit high level Secure Socket Layer (SSL) protection. These browsers can communicate securely via encryption, which changes the order of data you send and receive through the Internet channel. With these, you can have peace of mind knowing that all your trades are safe and secure.

With BPI Trade, managing your portfolio is made easy!
BPI Trade gives you the flexibility to shift your investments between fixed income securities, mutual funds and stock market securities.

Enroll in BPI Trade now, log on to
www.bpitrade.com
and click "Apply Now"

For more information, log on to www.bpitrade.com or
e-mail BPI Trade at bpitrade@bpi.com.ph

Performance for July 2009

ONLINE STOCK TRADING transactions for the month of July 2009 resulted to a 2% decrease in Marginal Stock Trader's BPI Trade trading account beginning equity of 10,000 pesos as of this month's last trading day.

Based on his Weekly Total Equity Tracker, Marginal Stock Trader's portfolio on July 31, 2009 is valued at 9,816 pesos. Of this amount, 30% is allocated for his anchor stock or stock position maintaining balance, and the other 70% is held in cash.

Marginal Stock Trader has also updated his own resistance and support levels based on Minor Top and Minor Bottom. As of July 31, 2009, we placed our Minor Top at 317.50 pesos and Minor Bottom at 285 pesos.