In addition to the observation that frequent trading does not necessarily lead to higher performance, latest developments in the virtual stock trading challenge have further affirmed that the old school of thought of good stock selection is still the better and more reliable strategy to win in the market. FERRO only had a 44.87 million trading volume and value turnover of P58.19 million in 2014. This spiked to 231.96 million shares on a value turnover of P537.95 million in 2015. Buying into a stock with no regular trading volume is very dangerous. Pixiu’s performance at present is precariously hanging on the balance considering the absence of a regular trading volume for her stock pick, FERRO.

Source: Manila Times May 03, 2018 16:18 UTC