Scribe Chronicles: $ARA

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It all started with this.

We both had FNI.

It was my discretion to buy. I didn’t know he had it until the market was about to close and he bid us both luck. The next day, the trades were slow– painfully slow compared to the day before.

Day 1 of bounce!, he cheerily said. Are you ready?

Oh but you told me to get ready for pain. So yes, I guess I was. My positions were holding. The entire day it went that way. I was just watching while writing my scribe chronicles for ISM.

Before the day ends, the selldowns were starting to get too heavy for FNI. I don’t know how much position he has, but he knows I only have the two.

He messaged me and gave me a choice.

cutting FNI

I was done in ten seconds tops. Yup, getting faster with execution now. Why would I want the ZF candle against me? If he says he’s getting out, then I’m getting out of the way.

I don’t remember how much hit I took. Honestly, sometimes I don’t even look anymore. I don’t look at my port or how much I’m losing when I’m going to cut. That’s going to shoot a big ball of emotional bullet right through my heart and it will cloud me.

In the late 1960s, a marshmallow test was conducted by Stanford researchers on little kids aged at about 3 to 5 years old. They were given a piece of marshmallow and were instructed not to eat it before the psychologist comes back. If they succeed, they will receive another piece. The psychologist then leaves for a few minutes while the child, alone in the room, was monitored with a hidden camera.

Some ate it the moment they were alone, some fought, and some struggled but those who were able to do it, were those who didn’t look.

They covered their eyes. They watched the walls. They covered the marshmallow.

The experiment was actually about conscientiousness. But it did help me deal with my trading recently.

I just didn’t look. I try to blind myself away from the figures.


 

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i like naps too.

 

I can imagine him scouring his list on what to ‘tsupit’. I’m sure he was on his toes swearing to regain his bad hit.

I, on the other hand, was busy with so much errands. We live on different time zones and my day had a lot of room for everything else I’m trying to squeeze.

 

the assignment

 

I have a class to attend the next day with a very, very strict lecturer  who hates phones. I got nervous. I was already strategically deciding where to sit. I have a hundred pages worth of pre-reading to do and I was currently swamped with important errands.

However,  I didn’t give any excuses.

After finishing a sizeable amount of work. I thought he might be waiting for my ‘assignment’.

nap because of loss

Hey…


 

Late at night, when it was all finally quiet, I sent him five charts I analyzed. I was too tired. I wanted to chart everything but I had to rest.

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Let’s focus on $ARA. Here is the chart I made! <3 It was my lifeline for the unavoidable crisis I was going to face the next day.

 

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The point is, ARA took a nose dive in one day. There’s bound to be a bounce for stocks that sunk that fast. Add another leading indicator to ensure strength and you’ll do fine.

I started placing the prices at every fibo level and planned to do sand-bagging. It’s a technique Zee uses when he’s trying to get a good low AEP on stocks he expects to bounce. The lower the price gets, the bigger amount of shares he buys.

The next day, it was game time.  Dedicating yourself to stick to your plan was phenomenal work. There is nothing more nerve-wracking than doing what I thought I should do, and sticking to my guns even as the price falls. I imagine myself as a rookie cadet sent to fight a war– alone! My strategy, my execution. I have plan B and C with what to do if the enemy advances farther towards me… Because basically that’s what I expected to happen!

I bought as soon as it hits a few flucs lower than the 50% fibo, bought again as it went down in between 61 and 50 because I was about to get very busy and wouldn’t be able to check my phone. The price was also at a strong historical support.

ara near 2.36 5 yr chart.png

 

I decided to place a GTC order on 61.8 fibo. Just in case.

After my second buying, I was entirely blind and skittish. I couldn’t see the chart. I could barely open my phone– only enough to check my messages and reply very quickly.

iniimagine ko lang chart


 

I do have ISM too, as you all know. On the other side of the universe there it was. I was told to ready myself. Maximum tolerance.

That day ISM was also taking a beating. I was holding my breath every minute or so as it tests its supports.

ism hold, mag add

A part of me is quite a spartan, thinking how much good a deal it is to get more ISM. Another part of me is myself, feeling how I feel when my mother shouts my full name in an angry tone at home. “—— —— —– —-, come here right now, young lady! Isa!” Uh oh. Uh oh. Uh oh.

But I was also partially distracted and couldn’t worry at a full extent, since I can only see the price from time to time.

I was immediately surprised when I  took another peek and saw it kicked.

 

bat sumipa IS

 

If ISM was a guy, he’d be the tough Russian military man portrayed on TV. The strength was undeniable.

buti di nagcut

Else, I would have been whipsawed I guarantee you.


Going back to ARA, a tiny miracle was happening. First, my 61.8 GTC got hit and then second, the price fall seem to have stopped. Thankfully, Zee was trying to help ease my anxiety.

ism and ara green

A strong close.

I showed him my port.

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Remember me asking for a strong close?

Well, the tiny miracle turned into a big one. The price stopped falling, and then the buying continued.. and continued.. Until.

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Here’s my execution trades:

ara execution.png

And here is Zee’s:

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Holy heck! This is what full time trading looks like. Can you handle it? Just to clarify, if it says Executed it means all his bids got hit (look at column 6). If it says Partially Executed he placed bids, got some hits, and then he cancelled (look at column 7 for that and add them up; provided it’s the same price, it’s the same bid cluster).

That’s about 12 buying times. Focus is a must. This is what professional trading is all about!

As for me, I atleast got this.

ang saya ko

He’s got emotions, folks. Atleast when the mentee actually did the right thing– to his surprise. 😀

After market hours, he posted his gains. 1.5 million php. He didn’t just recover the losses he had the day before, he also managed to make more than half a million more in profits.

Let’s put that in a perspective and maybe, just maybe, we won’t ever quit.


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On the day we had cut our FNI and he told me he’ll sleep off his losses,  I suddenly remembered that I was not the only person who lost that day. He did too. Larger. I kind of forgot about that.

He plays it big so if he loses, he loses bigger than I do. My entire port isn’t even as big as the amount of money he had to cut in one day.

Some time ago, I remember him saying, “How can you stomach a 500k loss on a large port if you can’t swallow a 50k loss?”

I know he’s more used to it but I wanted to make sure. So thinking quickly, I decided to go with Eraserheads.

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You can’t win at everything but you can try.

P.S. Damn you FNI kahit kelan ka talaga.


Hello everyone, I guess that’s it for my first bounce play ever! I hope you learned something because I definitely did. I wrote this in a hurry trying to meet my deadline but I was, as usual, quite busy with things! It took me two separate times to complete this. The first half was written under different physical conditions (hint: tired and hungry) thus a very direct to the point output. I still hope it gives you a valuable insight on how to trade this market better though. It would make it all worth it 🙂

I’m hoping next week would be better considering how fickle the market has been lately. I’m sending you all my hopes and well wishes.

Forever yours,

Celeste

If you wanna sing along heck why not? 🙂

The music video is soooo 90s. Hahaha <3

 

Scribe Chronicles: $ISM

 

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My superplay just took a super punch to the gut. It could not, for the life of me, fly. Every darn third liner had their moment and this stock had not.

It reminds me of the snobby genius kid at school who is just about to make a breakthrough and change the world but had chosen to suck on his thumbs at the corner, leaving his genius unfulfilled.

Frustrating!

Twice I had entered, twice I had to cut.

April had been so awful, if it weren’t for the deal stocks with Zee I’d be openly admitting that I have made such a dramatic failure of trading.

In the end though, my own moves after each deal stock erased any loss recovery I made until I finally realized that my losses had returned to it’s original point of 270,000…. Plus 11,000 more.


 

The copper taste of blood stung my mouth after biting my lip so hard. It started to bleed. For the longest time in my life, every emotion flowed through me like life forces filling me on my bare edges. In again, out again.

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This was the way of my world ever since.

The stock market taught me not to feel, and when it was time to be angry, or sad, or disappointed– I was not. That was when crisis struck me. What then? Oh what then? Who am I? What have I become?

I have become emotionless, yes I have, but have I become a better trader? What is left of me after this character trait has gone? Oh nothing! I wonder if it went away with my soul.

It’s not fair if I don’t see any progress I even made after all.


 

I told Zee I’m resting from the market. I reasoned I have so many things to do.

He’s much smarter than that and he knows I’m withdrawing. I couldn’t beat the guy to it. I have not met him before but he knows what’s going on my mind, so for the larger part of it, he decided to agree with me and then ignore everything I just said.

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“Don’t you go shiz cray cray on me!”, he told me, not angrily but rather in a worried way, betraying his usual troll-like humour. It was after I told him that maybe I should just sell everything, go on a sabbatical, and live away from civilization where I wouldn’t have to explain myself.

Besides, I’d look pretty cute tanned in a sarong.

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I always felt embarrassed to ask for help when I don’t feel okay. I need someone’s permission that it’s okay, and it’s safe to say what’s troubling me, without troubling them too. I didn’t feel like anyone should bother with my nonsense. And so, I try hard to keep it to myself. Lately though, the pressure from making so many mistakes had gotten to me.

And I felt like no one was there to talk to about it. That’s the problem with being the 1% of the population who’s involved with the stock market. Ordinary folks just could NOT fathom what you’re going through. Whatever they say are automatically dispensed from the magical box of tried-and-tested comforting words.

“Kaya mo yan.”, “You’ll make it.”, “Mababawi mo rin.”

The concern was real, but the empathy nonexistent. It was hard to believe it since they have no clue about the entire system. Not like it was their fault.

The resonance of comfort only echoes when the voice knows what it says. It will only reach the pit if it understood the depth of the distress in the first place.

boxing coach

 


We were supposed to enter a bounce play for NOW and BRN. It would have been cute scribing NOW for the third time. Unfortunately, it bounced earlier than we expected. He got in, and I didn’t.

A day after though, still placid from my personal crisis, he messaged me to get me moving. Ofcourse I oblige.

check ism

I was quite surprised upon seeing it. It was nice the last time I saw it but now it’s niiice. I hurriedly began to update my charting.

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I gave him an answer. A wrong one. I was overthinking the rules so he had to right it. Maybe this is the kind of anxiety I get for being often wrong? I seem to over read.

ISM was about to break the previous high, but the top was not enough to impress me and consider it a “breakout”. It was pretty early in the day, around 10 am. A lot could still happen.

I told him it was alright for it to close near the high part of Fibonacci. Near 0. He said it was not. It had tried to attempt to break it so it must close strong.

bear trap

 

Dear readers, when is the safest time to buy?

After the lunch time, I had seen the same strength on ISM continue. It was defending the top levels and the candle was about to close strong. I then decided to break the rules a bit and start buying before it closes.

bought at 185 187

I tried to give him a scenario of what I intend to do. What would I do on a gap up, on a continuation, on a sell down, on a gap down.

Upon hearing that, this is what he’s got to say.

52 week high


 

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Over the weekend, I had done much thinking about my life. It’s a crisis! I’m standing on a crossroad and I’m trying to live two lives at the same time. Both demanded the best of me and I’m not at my best fighting form, but atleast I’m still trying. I’m glad I’m anchored by ZFT, else I’d waste so much time floating mindlessly over water or struggling to breathe underneath.

He tried to understand the cause of all the stress or why I wanted to run away from everything but I couldn’t even begin to explain it. I hate being dramatic when I talk to people, I could feel the pressure of asking them to comfort me. It’s such a bother. I feel hyper-aware and conscious of what I ask other people to do. I never meant to have a heavy presence.

para sakin ba talaga

 

When we pick a path, does the path present itself or do we cut our way to it?


 

Finally, Monday morning, I had the time to monitor. The stock market was going insane. I saw some people have it rough that day but the tribe members seem to have caught the outperformers. They cheered on over social media.

I was awe-struck at how they could see every thing that moves. How did they do that? How can they go “uy, FNI.” and then next minute talk about another exotic stock, then another one, and then another one.

Charting is one thing, how are they watching all their preys? How do they execute?

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what if indeed?

 

His answer reminds me of chess. It’s not about having a plan, it’s having PLANS. One for each move or each scenario and knowing how to counter it.

ISM was having a moment. It was shooting high. The minutes chart consistent. It consolidates, shoots, consolidates, shoots. Again and again until it reached a point of unbelievable frenzy.

I didn’t know what to do! I was so used to cutting stocks that went down but for those that kept going up? It was a different kind of nervous. I had learned my lesson on sell downs.

ism minutes chart

Did I just hear the magic words? Possible. Super. Play.

But what about locking profits?

tf or tsupita

I gotchu, I gotchu. But what about the fact that it hit so high now? Pera na yun ah!

tf mindset

 

Otherwise known as, you’ll work twice as hard for the unnecessary sigurista profit-taking. Emotional well-being is top priority to be able to trade with a clear head.

At the end of the day, we reviewed our plan… Or rather he reviewed mine and made sure I have one. 😀

detailed ISM plan

But please don’t test me?

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HA! Well, not meaning to brag but I used to commute around EDSA daily so I know pain.


 

Did I just tell you that my losses went back and even increased? Oh dear. It did. It was so frustrating. My port is having a bipolar moment. We’re either eating out at Niu or having ramen for dinner. The pressure is real.

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A supercomputer is inside of me but my body is rusted. I couldn’t execute! That’s where I fail.

The thing with Zee is… He usually scrimps on the compliments. It’s fine, just the way he is. I’m actually the same. He doesn’t prance around like a stage parent cooing at every turn. He takes a look at what you do and if you’re lucky, you get a thumbs up or “that’s correct.”.

I think I’ve been a lot more frail lately. Trust me, I hate it. I fight it. I eat chocolates, I exercise, I cook. Whatever. I’m trying to fight it off.

He knows it so he tries to help. 🙂

proud of you
there, there…

I wonder what I’d be if he didn’t hold my hand and pull me out of it? Probably really freaking sad. Will probably try again half-hearted and lose in return because I didn’t even really put myself into it, and after that, I don’t know. It’s a slippery slope.

It sure revealed a lot of things about him, who saw me trying to lick my wounds and withdraw inside my shell. He reached out and goaded me to try again. I wonder what it says about me.

youll make it.png

 

One day, I hope to return the favor in whatever way I can. But the way I see it, he doesn’t want me to return the gesture, he wants me to pay it forward to other people.


 

Hello, dear readers! Whew what an exhausting write-up! It’s only Tuesday but a lot has happened. Panic is prevalent again as people talk about a market reset. I don’t have a clue what that meant.

But just remember, we’re trading stocks not the entire market.

I hope the universe has been kind to you a much as it was with me.

 

Forever yours,

Celeste

Don’t lose hope. You only need to be right once and the twenty times you weren’t won’t matter.

About the girl: Can the future haunt us like how the past does?

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I found myself sitting at the dusty pavements of a quiet street in residential Makati one night.

It was quite late. Almost 1 in the morning and there was barely any breeze. For a bustling city that never sleeps, it was fairly an uneventful evening.

The street lights flickered near me, flooding the spot with dim orange for a few minutes and then absolute darkness the next.

The moths living and dying by the light.

The sky was despairingly starless.

A man stood beside me sweating from the summer night. He wore a red stylish top, tattered jeans, and brand new leather shoes. His hair had too much wax. He was hurriedly trying to finish his stick, puffing at the empty space away from me.

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His name is N. A stock broker and a friend. Young, ambitious, egotistic, and incredibly anxious. I could tell by how clipped his arms moved that his behavior was held back.

I let him be.

He grumbled an apology for having to smoke around me as he threw an empty box to the side.

“It’s biodegradable.”, he said, then winked. Obviously proud of how smart he thought he sounded.

I bit my tongue and said nothing.

“You don’t have to leave.”, he told me as he sat down on the ground beside me. “Why don’t you become a broker instead? Honestly, it’s advantageous for you being a girl and all.” He paused for a while and sized me up. “I can only probably count in one hand the female brokers in the country.”

I can’t lie. It’s not like I haven’t thought about it. It was tempting, quite appetizing. I watched them make money after money on one of the bull runs in the market.

I had considered myself penniless back then, even if my life was more than decent. I thought I have such a long way to go before I hold something of substance comparable to a life I envisioned to live.

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At that time, I had just learned about the stock market. N and his friends were my first contact persons. It didn’t give me the impression of respectable dignity that I had imagined.

They were fast-talkers, loud-mouthed, and egotistic men. Often lying and cheating one another to win. Alpha against alpha trying to topple each other, not really friends but fierce competitors in a game only they made. Who bagged the killer wins? Who drove bigger cars? Who got the girl?

Asked about it one time, and of them replied with a sly smile, “This is business.”.

They were little boys and I was largely unimpressed. I couldn’t help but feel like I was another one of the trophies.

“Well,” I said, my voice traveling the silence of the night. “I don’t know how risky I can afford to be at the moment. I don’t know what can happen to me here. I mean, in my field, every thing is hard science. Cold, evidence-based, protocol-filled environment demanding for preciseness.”  I grinned. It almost sounded like I was complaining. “But so… fascinatingly touching and miraculous at the same time.”

I grew up becoming something I dreamed of. My career was a passion project built entirely on the premise that I want to live a life of kindness.

It was such a harsh contrast from N’s world where everything and everyone seemed to be fair game, even his so called friends. And the personal knowledge of large money they’ve lost as well in some trades was certainly discouraging.

“It’s a gray area. You don’t really know for sure if you’ll be okay. Everything is tied to the money. You make money, you feel good. You don’t make money, you feel bad. In my line, at the end of the day, I think I might have made someone be glad I’m around.”

He soaked himself with my opinion, reaching now at his pockets for a fresh box of cigarettes.


 

One year after that night, I’m left to think about the possibilities again. Life happened.

In two words, I can sum up what someone who went through a radical change would say– “Life happened.” and I would completely understand what they meant.

Everything right now needs some kind of courage, but don’t we all? There is courage in waking up every morning for a job that kills you on the inside, when it no longer serves your passion.

But there is courage too in abandoning it, and wildly chasing after a dream. Most people die wondering “What If?”.

I was the kind of kid who planned everything down to a pat but they didn’t tell me that I’ll grow up and I’ll outgrow even the plans I made for myself. Not entirely different from that time I wanted to buy the Goofy sweaters from the store, and when the time finally came that I have the money to do so, I realize I don’t like Goofy that much anymore.

I have later on understood that if I wanted to serve and be kind, there are other ways to do so without making it my job. But what am I thinking? How can I be so risky? I haven’t even made myself a profitable trader yet, I’m still waddling my way out of the knee-deep mud of losses I got myself into and here I am considering the jump.

Still.

Still.

I’ll leave the thought to linger, and soon, one day, maybe I’ll live that life.

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Forever yours,

Celeste

 

I was driving one time on New Years Eve, alone, listening to the radio. The radio jock announced that this was going to be her last song for the year, and it was wonderful. It stuck to me ever since.

I hope you enjoy this is much as I did.

original music video here:

Scribe Chronicles: $NOW part 2

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He’s on overdrive all the time, that’s how I see things, but then I interpret according to how I feel presently which makes it biased, and therefore, mistaken at times. I could no longer breathe from all my undertakings. Most predominantly, my thoughts.

I’ve always believed myself to be my sole enemy towards my success. My head is constantly buzzing, filling in with thoughts, hopes, anxieties, and I feel all of it,

all at the same time,

all the time.


 

A woman felt the edges of the old concrete on her toes crumble down the city beneath her as she balances from a ledge. She wore white, old and tattered.

She didn’t look any different than the rest– A human being prone to mistakes and lucky chances. But she was born with wings so large and so great it could take her anywhere she needs to if only it didn’t self-destruct every moment she tried to spread it.

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High above the city, the world beneath spun. The wind getting stronger. From up here, nothing seemed to matter even if she couldn’t fly tonight.

It was the same way at different moments every day she tried. Sometimes herself is enough, sometimes someone have to hold her together.

It can be anything. A late night phone call from a friend that would last until 5 in the morning, or bagels and cream cheese, her mother’s voice, a stranger’s kind smile upon passing.

Or at days like these, it was Z.


 

now vs brn odds favor
A little less spoon-fed this time but still making sure I’m at the right direction. He spoke in riddles but with no assurance. Letting a baby crawl towards her own direction, constantly picking her up when she’s about to hurt herself.

He made me make a choice. I could be wrong, but atleast I had to think for myself. Eventually, in his hopes, I woulnd’t even need to know which one points North.

closing safest
He asks me questions until I am almost monotonous in the decision-making, performing only cursory, emotionless, mechanical proceedings until it becomes a habit.

I have to make the right choices. Mistakes are forgivable only if I made sure I learned. Aside from that, he tries to test my mindset progress.

hahaha is quitely judging me, on ssi.png
whew! hallelujah right?!

At the end of the day, I bought a bit of $NOW. I didn’t get as much as I wanted. That day was the buying day, it seems. It’s when we watch a stock’s movement, see if it moves to the right direction, buy it if it passes the criteria we’re looking for.

The real money comes the next day.

Disclaimer: Not all plays are like this. There’s a sense of versatility for each, according to what trade you’re trying to accomplish. This one specifically was trading a pullback.

After market hours, he checked on me if I actually DID what I know.

nakabili ka sa closing.png
haha ! ha! ha! ha… 😐 sorry

Well, I can’t just leave it at that right? I got all worked up with the idea that I made the right choice and all, and I have nothing to show for? I proudly told him that I’m going to buy at the opening instead!

gap up plan

Take your calculated risk. Think about all the possibilities that could happen, and make a plan for each.


 

The next day was game day. It did gap up as he expected but higher. With the strength of $NOW’s momentum, I ended up chasing the price but closely watching it.

Still, seeing how BRN might do the next day what NOW was doing that day, I got tempted.

so tempting make sure not emotional trade

 

After buying BRN shares which was only about 1/3 of my exposure compared to NOW. I focused on NOW, adjusting my trailing stops very closely. My basis of entering was in the minutes chart, hence, my exit must be based on that as well.

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Almost immediately, it bounced back.

after sold half, crude system
Or rather, I’m so matakutin

While watching $NOW, I almost entirely had forgotten about watching BRN which wasn’t very volatile that day.

Unfortunately, activity was happening while I wasn’t looking.

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Thinking about it now, maybe the best way to remedy it is focus and experience, no? I’m too lenient with my positions.

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Since he’s on a roll, he then asked me about another position I wasn’t giving enough attention to that he strongly disapproved of. (I know, I know. Quite stubborn.)

It was an ugly duckling compared to the super stocks that have been flying all around.

The only reason I favor it  is its history of giving me good gains in the past. I was hoping it would make a good run again.

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Uh-oh. Lagot.

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Alas, I submit myself and did what is expected of me.

The man knows my positions better than I do. This is again one thing why he’s a sought-after mentor.

He took a lot of hits from people criticizing how much traders pay to get into his program. But you see, those traders dictate the price, and they’re willing to pay up to a point where they think he’s still worth it.

I have only shown you partially of how he guides me. Imagine an entire program from the man alongside Kidlat, another excellent persona.

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In the end, I made good money from NOW but lost more from BRN and the other stock. Still, I learned a lot.

However, if you ask him, this is all he’s got to say.

right questions

Let that sink in. Review this post if you must. Next time we trade, let’s ask ourselves all the right questions.


 

Hello, ladies and gents! Celeste’s been busy-busy. How are your April trades? Mine was such a roller coaster ride that I’ve decided to halt for a moment and finish everything else I’ve put aside in my life. The distractions aren’t helping me make any killer trades anyway.

I hope every one is holding up from this hellish heat. I’m worried about the polar bears.

Zee is actually trading while having his month long holiday somewhere. So while we crave for air conditioning, he’s lounging in his fleece elsewhere. As usual, he sends me picture of food he’s eating. Most of which are mushrooms.

 

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Me being me.

 

Take care. 🙂

 

 

Forever yours,

Celeste

I love music that gives me hope. This song, for example, gets my love and admiration because it might have saved a few lives (who knows?). If you can create something, why not make something in this world that would give people more hope? This world needs more healers. We already have enough–maybe too much– built around us and every one is already hurting.

For a moment, smile at a stranger today. Maybe you can be their difference between a good day and a bad.

 

Scribe Chronicles: $NOW

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I don’t know where to take you. I’ve always thought I should write about the entire thing. Self-study is high worthy of praise, but having a mentor changes the entire game.

Zee is a human being. He makes mistakes. One time, he overslept too and had to cut some positions when he woke up.

I find comfort in that.

Not that I revel in another person’s weakness, but I enjoy the humanity in every one of us, and that someone who makes the same mistakes I do still got to a point where I want to be- It gives me hope.

I’ve promised to write about my trading experience and he’s a gigantic part of it. I’ll keep writing like this. In bits and pieces.

Hoping this helps you out as much as he helped me.

“A teacher affects eternity; he can never tell where his influence stops.”

– Henry Adams


 

On random days, I get deal stocks from Zee. Only if it tickles his fancy, and maybe he can so why not? The currency exchanged is chocolates. So far, in the scoreboard, I owe him a box of Ferrero.

This doesn’t usually happen though. One of the tribe members wrote about the ZF candle once before and how even the members of the tribe try to avoid it. I’ve thought that it was just another troll thing. Surely, someone can not create that much chaos? Besides, at some of Zee’s screenshots, he did sell carefully.

Oh but how naive of me. We battle it out here. You do what you need to do to win the type of war you’re presented.

large

As I have posted, the week began entirely awful for me. I had turned one of my forthrunners and my “pet” stock from a 15k gain to a 30k loss. Obviously I lay at fault for that, I trusted it too much when it was showing weakness hence, got out too late when it finally reared its ugly head.

“Darvas principle kasi yan. The bulls are trapped.” That’s all he got to say. Zee doesn’t spoonfeed. He abhors that, so I also easy it with the “why?”. Sometimes I stare at a 6 words response and have to think for myself what the heck he meant.


 

2 days ago, while dozing off in the middle of a hot day, he announced his thoughts on whether he should play with an alpha set-up.

buy or not

It was public knowledge that he had cut about 1.7 million recently. What they didn’t know was that he was in between traveling around places with his family and only traded using his phone. This, along with his huge volume, makes him either insane or incredibly good.

What can I say? He surely loves his risk. Uncapable of conversation, I cheered him on instead with one of my eyes shut.

By the time he asked if I wanted a go for it, I was already fast asleep.

 


 

Yesterday early in the morning didn’t seem special. He sent a picture of his breakfast which consisted of heaven and tocino. He was out of town with his family.

I still don’t understand how he could have about 10 million exposure to the market, and can still flit through his numerous chat boxes and skype conversations. However, I just understand that during market hours, I try not to disturb him and so I understand if he’s silent for a while.

A few hours later, his usual friendly ‘tone’ changed. It became decisive and authoritative.

chase

You see, when he says things like this, I don’t question. Would you? I was in the middle of work and couldn’t even check the chart. I got in anyway and we left it at that.

5 minutes after, the ascent was explosive. I stared in amazement. I joked about how he got richer again today, prompting him to send a day change screenie.

day change
Just in case you get confused– that’s his.

My gain was peanuts compared to his but I was transfixed and almost celebrating. The pain of my recent mistakes, however, kept me in check.

After a while, packing my bags ready to head home after a day’s work, I messaged him back telling him how it broke 2.20. I never took my eyes off of my phone’s screen.

He wasn’t even looking anymore. Sending, instead, pictures of a mickey mouse plant.


 

2.5

By the end of the day, his paper gains were enough for his recent losses to be wiped clean plus half a million more net gain from a single trade with conviction.

As a way to celebrate, Zee bought a gift… for his father. 🙂 A pretty speaker his dad liked because he’s into “lights and sounds”.

There lies the difference between every one else and him, huh?


 

In the evening of the same day, during some of our regular banters, he suddenly asked questions.

surprise recitation.png

I won’t lie, I get nervous when he does! This is what a mentor can do to you. It aligns your thinking and forces you to focus. He made sure I have a plan.

Can you see what he was focused on? My exit points. Since the beginning, Zee stressed that the exit is the most important part of a trade whether it was for cutting losses or for taking profits.


 

I woke up for the stock market today and prepared. Obviously, I was excited. Like a kid on her first day of elementary school, I even took the time to butter myself up with the hype all over social media. Every one seems to be happy.

Oops.

That doesn’t sound good.

Anxious again, I monitored the stock using minutes chart. After spiking up to 2.30+ I was having a mini-party.

I didn’t expect the next thing that happened.

sell now
In under a minute, I was done. I act fast. I have to! You either jump or get crushed by indecision, specially on a wildly volatile stock. I didn’t understand what it was for. I thought it was consolidating well and strongly at the 2.20+ area.

And then it dawned on me. Good God, he’s going to lock in.

 

zf was here

zf candle.jpg
xoxo, ZeeFreaks (signed)

 

Makes you glad you weren’t at the receiving lane of that blow right? I mused on how many times before I’ve been on the other side of the ZF Was Here candle. I bit my lip and shook my head, I dodged a bullet right there.

I started to think about how the other traders who took that hit must be feeling, but it was pretty easy to find out. The number of people crying over social media and the anxiety spread like wildfire. The party halted. The gurus have to issue reassurance posts.

Loyalty checks were abound.

ZeeFreaks, however, and most of the tribe members who participated have already moved out leaving nothing but minute candles of their excellent show of skills.

Out again for their next hunt.

brn


Take home story message. Let this sink in.

Think forward considering that anytime, someone can sell down. Get out.

It was only a matter of doing it first. So he acted.

sell on that support

The marketplace is after all a zero-sum game and he didn’t put millions of his money if he’s not playing to win.

Get out before someone with huge volume can confirm a breakdown-waiting-to-happen with a decision to sell-down.


 

Well, that’s about a taste of the kind of mentorship I receive. Small slices that will only work if I work. Come to think of it, life really is like that.

I hope you all made good money this week. To be honest, I didn’t do that well! I hope yours are all better. <3

 

smiley

 

Forever yours,

Celeste

 

chin up

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