A week before christmas
It's been officially the end of a quarter when I started trading the stock market. I have learned a lot since then. And I'm still learning things as they unfold. I see my portfolio climb new heights and watch them tumble down helplessly. I learned to listen to others but try to recognize information from pure noises. I learned to trust my own instincts. I learned to be patient. But at the same time, I learned to quit when circumstances calls for it. Again, instinct at work.
My total gain was almost totally wiped out when the foreigns are selling profusely. Where does it left me? I sold my fragile MEGW1 position(at a personal record-high loss) and bought URC and FLI (which according to my instinct should rise already after a long time of non-movement). In retrospect, If I hadn't cut-loss, my portfolio would be down to 3.96% total gain. Still, not bad. For the same quarter, I could have earned 3.75% with AFPSLAI, around 1% with TD deposit , and with my savings account at 0.34%.
But then on the other hand, mutual funds are performing beyond the index. Why then I stayed with trading stocks on my own? Because I'm stubborn. Hopefully, that stubbornness will pay out someday. And I mean big.
My total gain was almost totally wiped out when the foreigns are selling profusely. Where does it left me? I sold my fragile MEGW1 position(at a personal record-high loss) and bought URC and FLI (which according to my instinct should rise already after a long time of non-movement). In retrospect, If I hadn't cut-loss, my portfolio would be down to 3.96% total gain. Still, not bad. For the same quarter, I could have earned 3.75% with AFPSLAI, around 1% with TD deposit , and with my savings account at 0.34%.
But then on the other hand, mutual funds are performing beyond the index. Why then I stayed with trading stocks on my own? Because I'm stubborn. Hopefully, that stubbornness will pay out someday. And I mean big.
Months trading | Total Gain | PSEi Gain (Same period) | W-o-W Loss |
4 mos. | 7.73% | 16.60% | -0.18% |
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