Filled up the background part of my thesis today and I was able to trace back my roots on how I was able to discover the stock market and how myself moving forward in learning more about stock trading. Next step for me is to rediscover my WHY because currently my excuses are getting in the way of my success.
I’ve been working for an IT company for almost 9 years now. I was a graduate of BS Electronics engineering in UST but I never had the chance to apply what I’ve learned or even use my license for work. I learned stocks from Bo Sanchez’book called “My Maid Invests in the Stock Market” and was a fan of the buy and hold principle ever since. I’ve read Robert Kiyosaki’s book, “Rich Dad, Poor Dad” which built my thirst to thrive for passive income because I wanted to build financial security and financial freedom for myself mainly because I wanted to get out of the rat race. I wanted to provide for myself, my family and friends. Also, Bo opened my eyes to live a life in service of other people and live a life beyond myself. Money is an enabler of purpose. I’ve been educating myself with financial literacy since 2010 and my appetite for financial gains has leveled up throughout the years. I’ve tried looking for different kinds of investments namely bonds, mutual funds, UITF, owning a franchise, multi-level network marketing, etc. but it’s either I invest time or I invest full effort on top of my daily work to achieve high rewards. A friend of mine introduced me to zeefreak’s blog and I’ve been reading it leisurely during my free time but I never really had that urge to take it seriously. When 2016 came, I was looking at the returns of my buy and hold stocks and it did not look as rewarding as I hoped it would be. Buy and hold strategy will not get me the financial freedom that I’ve been dreaming of. I needed to find a way to earn more money and fast. I sold all my shares and tried to trade three times during that year. I earned P200 for a year and it was not a lot. I am now thirty-two years old this year and my responsibilities in life, in work and in my family is increasing. I can feel the turn of the rat wheel spinning faster and I am still in it. I need to take stock trading seriously but I need to learn it and I need to understand it more and have confidence to play in this game to reap the rewards that I want. I am a fan of the Zeefreaks tribe and I am a fan of their vision to give back to God and to the community. Thanks to Bo Sanchez, Marvin Germo, Aya Laraya and to that veteran stocks guy who gave out a seminar on stock trading in our office. Thanks to Kapitan Kidlat and Moneygrowers who helped build my knowledge in technical trading. I will self-learn until May 2019 and apply for Project Seed to be mentored by one the ZFT Tribe.
After having dinner, my cousin suddenly asked me what I was doing. I went on teaching him the basics of how stock market works. We simply started on defining what a support is and what a resistance is. He became interested and asked me more questions so I told him how to read price charts and the possibility of earning money in the stock market. Then we went on relating stock market trading to playing Dota that made more interested in learning how to Stock Market works. I shared with him how he needs to have a system and he needs to have the right mindset to play in this game. I told him to watch Youtube videos of MoneyGrowers and when he has learned enough he can probably read Zeefreaks blog. I can see the potential in my cousin to trade stocks because I saw his discipline in playing Dota which he can apply in this game. We could learn together as I continue this 90-Day Challenge.
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