In Partial Fulfillment of The Requirements of The Course ACC 212 - Financial Markets
In Partial Fulfillment of The Requirements of The Course ACC 212 - Financial Markets
In Partial Fulfillment of The Requirements of The Course ACC 212 - Financial Markets
Submitted by:
Bryan B. Sulasula
Submitted to:
Jovit G. Cain
November 2020
Step 2 – Sign up. For you to retrieve your previous trading session, you need to
sign up by clicking “Sign in” in the upper left corner of the platform encircled.
Then, a message will appear as shown below. Choose one of the alternatives,
whether to sign up using Facebook or Gmail account.
Step 3 – Select listed companies to invest in. After I sign in, you can now access
kisschart trading platform.
But before I buy the stocks I just used a technical analysis where you can
study the trend in a specific company.
Step 4 – Enter your order. If you have already chosen your companies to invest in,
you are now ready to execute a trade.
So the cash I accumulated from selling the shares all in all totaled
106,031.04 Php. So how the selling experience makes me feel? I feel impatient
sometimes and irritated. Impatient when the stocks go down it is unpredictable or
unknown when it will rise again and at the same time it’s really tiring to monitor the
chart since there is no pattern of time and impatiently sell stocks at a short time
because I believe in a saying that “bahalag ginagmay,basta kanunay” without
considering its capability to produce a long term profit. I feel also irritated because
when I try to sell or buy the stocks on that price when the time I click the sell or buy
button it immediately increases when I bought it or it decreases when I try to sell it.
III. Reflection Paper on Virtual Trading Experience.
We all know that there are many ways to earn money. Although it’s hard but
you just have to be wise in life and be practical. I’m so glad that this subject ACC212
had introduced us this kind of activity where you’ll be exposed to many markets that
involve virtual stock trading and in the long run you’ll encounter certain advantages
and disadvantages and experience what a real life trader is like.
For the 3days experience of being a fake trader, I realized you need not only
a decent knowledge and risk management but also you need stable internet
connection and appropriate device where you can trade conveniently like computer
or a laptop. If you’re planning to invest, don’t be too impulsive in trading or invest it
just because you have a lot amount of cash doesn’t mean you aren’t losing any of it
in trading. Please do some research and be careful in buying and selling of the
stocks. Doing some research will be a great advantage that can help you profit safely
and surely. Do some precautionary measures also before you buy or sell the shares
because as I had experience for example when I buy shares and it’s just only 275
pesos and bought 300 shares when the time I buy, it fluctuates up to 280 pesos so
you need to be careful. Trading is like gamble too, it depends on time and luck. For
me the best way to earn money is maximize your asset. Don’t be dependent on one
company and invest not just only one but more companies. You can be a short-term
or long-term investor if you want. Short-term investor is a playing safe method but
you need to check its price from time to time and technical analysis will be a
prodigious help, while long-term investor is investing on a company like Dito a
Telecommunication Company, fundamental analysis is more likely to be used as
approach. Unlike other telecom companies whose shares are now expensive, Dito
on the other hand is still affordable. Why do I root for Dito it’s because I know Dito
will surely “boom” next year when its operation starts to commence because right
now, it’s one of the most anticipated companies.
All in all I can say that trading is a give and take experience where you can
earn highly or loss likely. Don’t make trading as your primary source of income but
only as a subsidiary. Before you indulge an activity like trading, be equip with proper
knowledge, advice from experts and efficiently manage your asset.