This blog is primarily about my personal experiences in trading Philippine Stock Exchange. I am a full time stock trader doing stock trading for more than a decade. I advocate free education in stock trading for those who are willing and eager to learn the basics. I was once a newbie in trading and someone taught me to develop this skill for free. Consider this blog as my way of giving back to my fellow Filipino traders.
In this page, I am sharing:
– basic tips/guide for new traders
– trading strategies for different set ups
– Technical Analysis
– Market Psychology
– some of my real trade history
All materials are FREE.
Welcome to my website.
Your trading journey begins here.
About Trader's Lounge Group
Traders Lounge was founded by Gandakoh last February 02, 2019. The group aims to help traders learn basic stock trading. The group advocates for FREE trading lessons, thus, all learning materials are free. Various medium are available from lessons inside Trader’s Lounge Facebook group, to Gandakoh’s personal trading blog, audio and video materials in Traders Lounge Official Youtube Channel.
The group does not support any paid stuff related to stock trading education, including paid seminars, mentorship, courses, classes etc. TL does not tolerate those who claim they are helping others by selling paid seminars, courses and materials to traders. Although, we respect those who bluntly admit that they are a business entity.
By extending genuine help to traders, we envision to transform our members to become independent and responsible traders. By independent we mean, a trader who does not rely on opinions in buying and selling, someone who does not depend on stock recommendation and lured by stock hyping or bashing. Traders Lounge traders are woke traders who stick to trade strategies as sole basis for entry and exits. By responsible we mean, a trader who does not create or initiate hype and will help his or her fellow TL traders grow.
How to navigate inside Traders Lounge FB Group?
BE SURE TO WATCH WALK THROUGH INSIDE TL FB Group BEFORE scrolling down.
I’m a newbie with zero knowledge sa stock market, where can I start?
We encourage you to take Tabula Rasa Stock Trading Course. It is a step by step guide on how to start your journey as a stock trader. Tabula Rasa is a self-study course. Finish it at your own pace, but be sure you don’t skip a step.
Where can I find Tabula Rasa Course?
Note: This course is only accessible to Traders Lounge members.
What is the official Youtube channel of Traders Lounge?
Check it out HERE.
I want to open a trading account, which brokerage do you recommend?
We recommend MyTrade Philippines. I have personally tried and test this brokerage so I can assure you that this brokerage platform is one of if not the best, in the country today.
Some of the blogs are protected with password, where can I find the password?
Yes. Not all blog posts are available for outsiders. There are posts exclusive for TL members.
TL Admin Athena is responsible for the passwords. She is posting them inside TL FB group from time to time. BUT DO NOT SEND HER PERSONAL MESSAGE ASKING FOR THE PASSWORD. Instead, click HERE
Note: Only members of Traders Lounge can view the link for the passwords as all protected blogs are exclusive for TL family members only. If the password is not working, kindly refresh the blog page and re-enter the password.
I am looking for a specific strategy of TL posted in Youtube but I cannot find it. Where is it?
Strategies posted in our Youtube Channel are made exclusive for TL members only. Kindly go back to the Tabula Rasa Course link. All Trade Strategies links are included in the course.
You can also check UNLISTED PLAYLIST in TL Youtube Channel
Note: Unlisted playlist are videos exclusive for TL members only.
My portfolio is bleeding. Is it okay to Average Down? How about PESO COST AVERAGING/Strategic Averaging Method and Average Up?
Watch these videos to know TL’s stand on averaging down:
- OKAY BANG MAG-AVERAGE DOWN?
- AVERAGE UP: BUY ON SUPPORT, ADD ON BREAK OUT
- PESO COST AVERAGING METHOD of Truly Rich Club
- DANGERS of PESO COST AVERAGING
Does TL have an Official Group Chat?
No. GC’s on Messengers, Discord and other platforms can be one of the many sources of stock hype and stock recommendations. We do not encourage you to be inside any GCs, unless that GC strictly follows NO STOCK HYPE, BASH and RECO. Some might be using group chats to covertly sell subscriptions and mentorship.
Disclaimer: Although, if you still opt to join such groups, we will not prohibit you, it’s your call.
Do you have any mentorship program?
No. All materials inside TL are beginner-friendly and designed for self-study. All you need to do is take TABULA RASA STOCK TRADING COURSE.
Do you or any within TL members give tips and stock picks(which stock is good to buy)?
No. We do not allow stock recommendation or stock picks inside this group. We do not control the market, no one knows where the stock will go, UP or DOWN. What we have are TRADE STRATEGIES to guide our buying and selling. For Trade Strategies, kindly refer to TABULA RASA STOCK TRADING COURSE.
We discourage asking questions like “okay po ba yung stock na to?, ano po sa tingin niyo aakyat ba si stock A?, buy na ba stock B?” and other questions of similar tone.
We encourage newbies to study first, read lessons, and backtest strategies. Only then you will learn to become an independent trader.
What are the rules to observe within Trader’s Lounge Facebook Group?
Group Rules from the Admin:
Be Kind and Courteous
We’re all in this together to create a welcoming environment. Let’s treat everyone with respect. Healthy debates are natural, but kindness is required.
No Hate Speech or Bullying
Make sure everyone feels safe. Bullying of any kind isn’t allowed, and degrading comments about things like race, religion, culture, sexual orientation, gender or identity will not be tolerated.
No Promotions or Spam
Give more than you take to this group. Self-promotion, spam and irrelevant links aren’t allowed.
Respect Everyone’s Privacy
Being part of this group requires mutual trust. Authentic, expressive discussions make groups great, but may also be sensitive and private. What’s shared in the group should stay in the group.
No Stock Hyping or Bashing
We are always wrong until the market proves us right. There is thin line between RECO & HYPE be mature enough to know the difference. Due diligence is always required.
No Promotion of Paid Seminars, Mentorship, Stock Trading Courses and Materials
We do not support any paid stock trading learning inside TL.
Lessons Are FREE
All lessons here are free, take it, use it, practice it, share it. BUT DO NOT SELL IT. Any form of monetary solicitation is not allowed.
No Products or Networking
This is not a supermarket so do not sell any products or any form of Multi Level Marketing, no recruitment, no membership
Failure to Obey
Member who fail to obey simple house rules will be given stern warning and/or may be subject to removal on the group.