2021

Business Finance Portfolio

“An investor without investment objectives is like a traveller without a destination”

- Ralph Seger

Ballena, Eryn Gabrielle A.

12-ABM
 FIRST TIME EXPERIENCES

Investing- a word that is popular in the business world. The only word that would
come to mind when it comes to investing is money. Growing up, I never wanted to be part
of the business world because it is complicated and confusing. But I also wanted to be
financially stable in the future so I could support my parents one day.

The app IQ Option was familiar but unfamiliar at the same time because I would
often see it in ads when it pops up in YouTube but I have never played it. Before clicking
on the site, I had a goal that I should reach at least $50,000. Upon entering the website,
I was so confused and curious because all I could see was graph and numbers. After
playing the videos provided, I still didn’t know how to play the game so I watched simpler
videos in YouTube and also watched some strategy videos. While playing with the
strategy I watched, I felt very frustrated because I lost $2,000 in just one click of a button
but I tried to be optimistic till the end but eventually lost all the demo money I had. Still
feeling frustrated, I watched another video. Surprisingly, that strategy worked. The
strategy was to put 3 indicators (2 Moving Averages and 1 Fractal) and the video told to
study and understand how the candlestick go up and down, so I found a ‘cheat sheet’
online. Of course, there were times that I lost a ton of money but that was entirely my fault
because I was being too proud of myself. The steps that I could do to avoid that situation
is to not invest all of my money to the market and to control my emotions.

The 1st day of playing the game, I felt like I lost more money compared to gaining
it because I only gained about $1,500 to $2,000. But as the day goes by, little by little I
started gaining more, from $1,500 a day to $6,000 a day. For the 3 days that I’ve played
the game, from $10,000 I’ve gained about $60,000. I felt so proud of myself that I went
past my goal which is $50,000. I felt like the reason behind my gain was to have a lot of
patience, and to learn how to control or separate your emotions while playing the game.

The lessons I learned from playing the game was to be patient, be very patient.
Through this game I learned how to manage my time because the game is addictive to
the point that I got too invested in the game that I played until 3 in the morning. I also
learned that your losses can be a learning experience so you won’t make the same
mistakes again. Because of this game, I discovered that I get irritated or get mad easily,
watching the candle sticks go up but unexpectedly goes down by the time the trade is
almost done annoys me so bad. But the biggest realization I’ve learned while playing the
game, was that we will have ups and downs in life and it will be inevitable, just like the
graph that unexpectedly goes up and down. But I know and I’m sure that God will always
be there for us, rough times or not. Deuteronomy 31: 6, “Be strong and of good courage,
do not fear nor be afraid of them; for the LORD your God, He is the One who goes with
you. He will not leave you nor forsake you.”
PROGRESS REPORT IN 3 DAYS

Lowest Earnings:
$4,551.82

Highest Earnings:
$64,670.63