MINUTES OF MOMOL SESSIONS – BOS GAB AND PAPA TING

DATE: 071019
TIME: 2100

1. MARKET OUTLOOK

Trader’s Insights

1. Market experiencing a normal weakness due to its long term sideways movement.
2. A number of stocks descended since July 08, 2019
3. Both traders are stepping back a bit and waiting for the right opportune moment
4. Traders will stick to outliers and bounce plays/BOSO setups
5. Upsurge expected when Tricon (DB resistance/Key level/Parallel DArvas/61.8 % Reverse Fibo) are
broken – at 8200 to 8300 levels.
 2. DISCUSSION OF TRADES TAKEN FOR THE PAST WEEK

a. Losing Trades
TING

1. TECH – 070419, REFLEXIVE BOUNCE/ INTRADAY BREAKOUT

Reason for failure/selling:

- Cutloss Hit. Entered at intraday Breakout for earlier entry point

Action Plans:

TING:
- Continue following your plans and don’t hesitate to sell when you see that your bias is being
negated.
- Remember to always wait for retests and consolidations on breakout setups on intraday plays

GAB:
- _____________________________________________________________________________

2. TECH – 071019, REFLEXIVE BOUNCE/ INTRADAY BREAKOUT

Reason for failure/selling:

- Cutloss Hit. Reckless planning. Got excited upon breakout

- Did not wait for a retest on the plotted resistance

Action Plans:

TING:
- Plan carefully. Every war is won in planning, not in the actual battlefield
- Remember to always wait for retests and consolidations on breakout setups on intraday plays

GAB:
- _____________________________________________________________________________
 3. ISM – 070519, CONSOLIDATION SWING

Reason for failure/selling:

- Cutloss Hit.
- Bought on the release of news though chart has a good setup

Action Plans:

TING:
- Buy on Rumor Sell on News
- Try to incorporate Fundamentals after Technical Analysis. You can do it after charting every
weekend, scrolling trough PSE Edge on your current watchlist

GAB:
- _____________________________________________________________________________
GAB

1. SSI – 060319, DB50/20 MA BREAKOUT

Reason for failure/selling:

- Trailstop Hit. Breakdown of 20 MA

Action Plans:

GAB
- ____________________________________________________________________

TING

- Continue following your plans and don’t hesitate to sell when you see that your bias is being
negated, especially cutloss and trailstops
- Look also to sell on strength when you feel that the stock is consolidating or experiencing
weakness.
 2. GSMI – 062619, DB BREAKOUT/CH SETUP

Reason for failure/selling:

- Trailstop/Cutloss Hit.
- Breakdown of DB Resistance

Action Plans:

GAB
- ____________________________________________________________________

TING

- Continue following your plans and don’t hesitate to sell when you see that your bias is being
negated, especially cutloss and trailstops
- Look also to sell on strength when you feel that the stock is consolidating or experiencing
weakness.
 3. PHA – 070819, DB BREAKOUT

Reason for failure/selling:

- Trailstop/Cutloss Hit.
- Breakdown of DB Resistance

Action Plans:

GAB
- ____________________________________________________________________

TING

- Continue following your plans and don’t hesitate to sell when you see that your bias is being
negated, especially cutloss and trailstops
- Look also to sell on strength when you feel that the stock is consolidating or experiencing
weakness.
- Check also your position sizing if trading this in volume since the stock is a “decimal stock”
 4. C – 070819, DB BREAKOUT

Reason for failure/selling:

- Trailstop/Cutloss Hit. Breakdown of DB Resistance

Action Plans:

GAB
- ____________________________________________________________________

TING

- Continue following your plans and don’t hesitate to sell when you see that your bias is being
negated, especially cutloss and trailstops
- This is a good lesson to apply next time, to Buy on Rumor and Sell on News
- Try to incorporate Fundamentals after Technical Analysis. You can do it after charting every
weekend, scrolling trough PSE Edge on your current watchlist
 5. HLCM – 061119, 20 MA BREAKOUT

Reason for failure/selling:

- Trailstop/Cutloss Hit. Price stalled for too long

Action Plans:

GAB
- ____________________________________________________________________

TING

- Stick on “Rapid Setups” meaning avoid stocks that tend to solidify and stall, because this is
where your Business acumen and Money acumen will battle.
 6. ALCO – 070819, PULLBACK

Reason for failure/selling:

- Unclear on exit plan?

Action Plans:

GAB
- ____________________________________________________________________

TING

- Allow the stock to move in its natural structure and place your technical cutloss properly
 7. WEB – 070819, DB BREAKOUT

Reason for failure/selling:

- Trailstop/Cutloss Hit. Breakdown on DB Resistance

Action Plans:

GAB
- ____________________________________________________________________

TING

- Continue following your plans and don’t hesitate to sell when you see that your bias is being
negated, especially cutloss and trailstops
- Always wait for some form of retests to set your proper entry
b. Winning Trades

TING

1. WEB – 070319, Key Level Breakout

ROOM FOR IMPROVEMENT:

TING:

- Learn to place your technical cutloss along a strong key level

- Learn to sell half to avoid being completely stop out on a good trade
- Prolong on profitable setups and cut your losses quick

GAB:

- __________________________________________________________

c. Missed Trades

TING

1. ALCO – 070819, PULLBACK/BREAKOUT

ROOM FOR IMPROVEMENT

TING

- Work on your Watchlisting Weaknesses and identify how you have missed that certain trade
- Learn to always plot your Levels so that you will remember when key levels are breached and
certain setups will be triggered

GAB:

- __________________________________________________________

d. On-Hold Trades

TING

1. WPI – 071019, BOSS BREAKOUT

2. TECH – 071019, RFB/ BREAKOUT
3. IMI – 070219, 20 MA BREAKOUT/CONSOLIDATION SWING

GAB

1. MB – 070919, CONS0LIDATION SWING

3. WEEKLY WATCHLIST

WEEKLY WATCHLISTS
TING SETUP GAB SETUP
1 IMI CONSOLIDATION GSMI
SWING
2 PPG MYH FPH
3 ALLHC MYH MB
4 PIP BOUNCE PLAY C
5 WPI BOSS BREAKOUT ALCO
6 CHP BOUNCE PLAY ROCK
7 TECH INTRADAY BREAKOUT CPG
8 ABA CH SETUP CHP
9 C BOUNCE PLAY WEB
1 ISM BOUNCE PLAY PHEN
 0
1
1 STI
1
2 WPI
1
3 TECH
1
4 PPG
1
5
1
6
1
7

4. Trading Topic for the Day (Charting, Intangibles, Etc) and Important Learnings of the Week
(ILOW)

Ting’s Topic

1. Cutting Losses
- Place your technical cutloss on a level of strong level/SAR level
2. Incorporation of Fundamental Analysis on Stock Trading
- Start studying how to incorporation Simple Fundamental Analysis on Stock Trading and
you can proceed to wider scope if ever you mastered your system
3. Inverted Cup and Handle
4. Parts of Brain – An Excerpt form Robert Kiyosaki’s Increase your Financial IQ

Parts of Brain

Right Hemisphere
Subconcious Mind
Left Hemisphere

a. Right Hemisphere – this is where creativity is processed, music and spatial skills and
intelligence
b. Left Hemisphere – Mathematical, linguistic, interpersonal and logical Skills
 c. Subconscious –most powerful of the three brainds because it includes the “old brain” often
called the primitive brain. It does not think but rather reacts, fights, flees or freezes. This is
where your urges, emotions, and drives lingers
- This is where INTANGIBLES linger

- According to Gab, only 1 % of us uses the subconscious mind properly

- Subconcious mind is fully activated while we sleep, this is the reason why it is effective to ask
before you sleep the questions that bothers you because it is when you sleep that the
subconscious mind is activated and clear thinking is promulgated

1st level of enlightenment – The World is happening to me

2nd level of Enlightenment – Your Choice of what you want to happen

3rd level of Enlightenment - The World is within me

4th level of Enlightenment – I can change the World (Changed Beliefs)

5. Nature versus Nurture

- According to Robert Kiyosaki in his book Increase your Financial IQ, Environment is the strongest
teacher of all.
- Even though you teach the best lessons out there, if someone returns to the default
environment as before, the effect of lessons diminishes.
- It takes a strong will and effort to survive this condition.
- People need to find the environment that supports the development of their genius. But this is
not an easy process, because it would take an effort and hardwork
- The problem is that mostly people are lazy. That is why it needs dedication and drive to win
- You have to step comfort zone and have the courage to jump on the growth zone because it is
the place for rich and successful people

6. Retest on Breakout

- Retest are an important ingredient in Breakout setups, especially when timing your entry
- Ideal retest are 2 to three retest but depends on the price structure
- Retest must have small volume to be effective - GAB

7. Stepping Back on Losses – when to call it Timeout

 GAB – based on amount of losing streaks and Portfolio Losses
TING – same, included also is when High probability setups tends also to fail

8. DB Breakout or Key Level Breakout – When distance between two Resistances are near

GAB – will enter on Key Level Breakout

TING –Same