If you read the latest stock market news, you’d know that the Philippine Stock Market is doing pretty well. The news wires indicate that this is a record high.

It is no surprise, then, that local investor communities like absolute traders are popping up. This group educates people on Technical stock analysis. It’s basically a way to look at stocks using charts and evaluating trends. Technical Analysis is defined as:

…a method of evaluating future stock prices and market directions based on statistical analysis of variables such as trading volume, price changes, etc., to identify patterns.

I was in the group’s official launch yesterday and was surprised by the large group of young faces. Who would’ve thought these investors would be call center professionals, students, and business enthusiasts?

One of the reasons behind this is the fact you could actually conduct stock trading online on websites like citisec and philstocks. The old days, where you would have to call a stock broker to buy and sell for you, are fading away. The new breed of traders go online from 9-12AM (trading hours) and conduct their transactions in the comfort of their home (or an internet cafe).

Some exporters I spoke with where doubting the stock market reports. They say it’s just a government Press Release to keep businesses optimistic. Absolute traders indicate that the market is indeed really “bullish” – term I recently learned indicating a positive interpretation of the market as a whole based on an extended rise in prices.

Now if you review your Kiyosaki Board Game – Cashflow 101, one of the basic methods to getting some money is through stock investments. Knowing it’s a great market season, you’d better start learning actual stock trading!

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