Investagrams Virtual Port Week 2 (July 10, 2018)

Week 2 with our Investagrams Virtual Port shows that we are up by 4.74% (click on photo below to enlarge). Nice and steady, nice and slow, nice and systematic.

You can access the Dashboard and Momentum Rank sheets in the Weekend Traders FB group: https://goo.gl/Wxg7zv

Or you can access them thru my google drive: https://goo.gl/DjQbrX

Since I was attending a wedding from July 5 to July 9 in Guiuan, Samar, I wasn't able to perform my weekly rebalancing check over the weekend. I still can't believe I was made into a Ninong...my golly, I'm that old na pala? Toink.

After copying the Momentum Rank 7-09-2018 into my MOMENTUM Dashboard, I saw that no action was necessary since all stocks purchased in week 1 were still

• in the momentum ranks list.
• did not go -10% or below.

So no stop losses were necessary. I merely updated my column P to R to reflect that I had performed my duty as of July 10, 2018 stock rebalancing, and copy and pasted the active cells in my column F to N to update my journal/ trade history.

Anyway,  it can happen. Whether it be a family emergency or you are on a business trip, or attending a 3-day conference. Did it matter that I skipped a day, in the immediate short term, yes. But in the long-term, NO. Our portolio is up and doing well.

I checked the port on Saturday  and saw IRC and....I think it was MHC, were down -9.35%. I wasn't concerned because our position was volatility based and a -9% drawdown was only -200++ pesos. At that time, ATI was also up by 20%++. Was I ecstatic? No. Because one stock's performance should never cloud your judgement over the entire portfolio. That's the beauty of systematic portfolio based trading since you are looking at the big picture all the time.

Like I always said before, I am not criticizing discretionary traders. These guys make the big bucks by being full-time traders earning 6 digits over a span of a quarter or even a month. They are living the dream.

I wish I can be like them, but I know myself and being married and preparing for a child, I cannot allow myself not to have a stable income from a job.

If you're like me who wants more than your fair share of the market, then do this system. If you think the system is too complicated, read John C. Bogle's book titled: The Little Book of Common Sense Investing. Focus on buying Index Equity Funds which have the lowest cost, or simply buy FMETF using peso cost averaging.

If you can read charts, then a better approach would be to buy FMETF if the index is above the SMA200, and sell once the index goes below it.

Either way, reading too many books, and joining too many fb groups can just increase noise for you and make you forget the Mission which is to make your money grow above inflation. If you're like me who has a job and can't be a full-time trader, acknowledge that fact. Accept it. And make the best out of the cards that you have.

Caveat and God Bless.