I trade the Philippine Stock Exchange

I am a self-proclaimed stock trader and almost lost all of my hard-earned savings in a span of 6 months. If not for my baby sister's savings, perhaps I have already given up the stock trading gig. Citiseconline(COL) is the broker of my choice as well other small time investors. I'm trading for a little more than a year now, I was originally a BPI Trade user and I only switched to COL last September 2010. Since transferring to COL, I was losing money than I should, thanks to momentum trading. I have entered positions when almost all of the people are taking profits.

I am still losing today, and at least I know why. It's always the fact that I ignored indicators that could've refrained me from buying losing positions. I have recently attended a seminar about Wave Theory, but it's a better and newer theory as told by Neely. They call it neowave theory. It's the first seminar I attended. I think I have a learning disability, because I can't seem to grasp even the simplest facts about wave theory. My batch mates are ahead of me. Waves is a really good indicator, for me it might be about 80%-90% correct. I wish I could perfectly learn this.   

My word of advice before total newbies involve themselves in the PSE is, learn first before risking money. The stock market is safest  if you buy low and sell high, a very simple logic that I have ignored all the time I was losing money. If you buy low and sell high, then risks will be less.

I don't have a day job as I lost my faith in it when I was diagnosed with Kartagener's Syndrome, daily non-stop nasal mucus resulting to chronic sinusitis. I can't handle the fatigue it comes with it, I was suffering fevers every time I go home from work. No cure, even when surgeons do something about the sinusitis, it will only come back. It's a genetic disorder.

I hope I can earn this year, and be wealthier than I have in 2010. No income for 2 years now. I'll try harder.