We will be launching this soon.
Still ironing out some of the kinks but I’m testing this vigorously and I’m finding some things that I really like.
Basically we will allow investors to take advantage of borrowing at a currency with ultra low interest like CHF or JPY, to buy stocks in USD or SGD for much cheaper interest!
That’s one of the best best setups that no other broker is offering!
Now we just need a nicer UI to reflect this market leading facility.
I’m probably gonna jinx it with this post.
This month’s been quite good so far.
Staying away from FX.
NASDAQ swing trading has been doing well.
PSNY is pumping like up >100% in two weeks!
Other stocks are doing well.
STI closing in on all time high!
Recently bought into INTC too.
Hopefully more $$$ to come!
Huat ah!
It’s been a rough two weeks for stocks and many investment portfolios.
The markets dropped significantly and even the VIX hit 40!
Just hoping to tide through this rough period with my portfolios.
Holding cash is still great so keep it there and build the war chest!
This REIT I have followed closely since the popular finance blogger ASSI took a big position in it.
Unfortunately the price keeps dropping because of the uncertainty in global interest rates and uncertainty in Europe (its properties are entirely in Europe).
Yet, when it is dividends time, this REIT continues to pay really well, yet without overtaxing itself. It is prudent and management makes very good decisions aimed to benefit shareholders.
What a bumper dividend this time round! I will use the proceeds to either reinvest or to buy something else undervalued in Europe (I like that its dividends I’ve chosen to pay out in EUR), as I’ve done with the last few years of its dividends.
But the market keeps devaluing it.
I do question myself what’s wrong but I can find as much issues as another big holding of mine, PSNY.
So I do feel quite convicted to not only keep holding but to find some opportunities to average down.
Hopefully they are as undervalued as I see them.
HUAT AH!!!
October’s been a great month on the investment front.
The market isn’t going so well and my shorts are printing brrrrrrrrr.
Sometimes I think the best thing is to just set myself up, set my SL and TP, go into the trade, then set and forget, once you know your upside and downside, STOP obsessing about your position! And maybe that’s the best advice I need to stick to right now.
Many a times our trade hunches, when properly thought out, and correct. It’s just the anxiety of seeing losses or early profits that cause us to cut earlier than planned.
The migration from stocks to more cash also continues, so that is great. Just gonna max out OCBC360, UOBOne accounts, whack some more T Bills and SSBs. At least this part of the portfolio maintains the saneness of ultra low risk with very good returns.
PSNY as a sidekick is slowly coming back up…but very slow. As long as the business continues to prosper, then I believe the technicals will eventually catch up with the fundamentals.
IREIT is still down a lot, but as long as the guru says hold, buy or sell, I will just follow on that.
Initiated a short position on Gold. It’s not looking so good at the moment but I think it will play out over time. Hopefully I have the patience to hold it for a long time.
No changes to the Gainers.
My losers continue to change as I trade mainly the CFD Indices which almost always end up at a loss.
Damn sad lah.
So my losses in the Dow (US 30 Wall Street) got worse, while my losses in the NASDAQ surpassed my previous number three, GameStop.
Sad lah.
Huge drop in my NORTHPOLE losses though thanks to USDSGD gains.
One major change since the last update last month.
Managed to make a little bit from Conbase to let it surpass Sembcorp Marine into the top 3!
The rest still mainly the same.
It makes me sad to see the huge loss from the Private Equity investment.
Need to earn better profits going into the final quarter of the year.
So I have rarely ventured into parking my funds or pay subscriptions for trading advice.
However, this was one that I have monitored and followed for several years now, and have committed a monthly subscription to his trade advice and recommendations.
You can find more information about Nimbus Capital here.
This guy is super legit. His name appears as Zaw Oo on Facebook when I first followed him years ago. He was giving out trading education and recommendations for free and it took me years to notice that he was legit, fit and proper as a trading guru. Then he started out Nimbus Capital and the rest is history.
Thankfully he hasn't reached euphoric popularity either, but his following is gaining a lot of momentum.
And the key reason is because he is real and he is honest about everything he preaches. He doesn't spiel about doubling, tripling your money with "ho kang tao" and "insider news" bullshit.
For him, the basic methodology of risk management and technical analysis is all he preaches, with no guarantees that each trade will be a P or an L. Coverage is SG, US, HK stocks.
He will provide his calculated Entry Level, Stop Loss and Take Profit levels ONLY when there are worthwhile trades popping up on his scanner.
There are certainly hits and misses. So no trade of his is a guaranteed win, but even if your stop loss is hit, you will already know what you would lose, as long as you kept to his approach and instructions!
So for his USD $20 per month package, I am getting good enough updates on this daily scanners (stocks which fulfill his criteria), his recommended trade set ups, and other educational stuff (which I hardly bother with).
The money for me is in the recommended trade set ups. They are sound, and they are good, with a good Win/Loss, Risk/Reward ratio.
More enthusiastic followers can even sign up for his training courses (he charges $3,000) and learn his criteria for stocks appearing on his scanners, and also learn to structure their own trade set ups. Maybe when I leave my day job, I might want to go for his course.
Very highly recommended.
So there is quite a shake-up going into this latest update.
Two months makes a little bit of difference and since this list is dynamic, meaning losers can turn to winners if I trade them again and be profitable and vice versa, there's always hope to improve things.
One thing I surely cannot improve on is the Polestar investment, where the fees were booked as trading losses. Still, I am very hopeful that this trade will be one of the most profitable trades in my life :)
HUAT AH!
So, just like that, NORTHPOLE will likely remain the biggest loss of this year.
No changes to biggest winners unfortunately.
Biggest losers, have seen the previous top two drop to second and third respectively, and I added more losses in the Dow30 CFD Index.
Need to stop the gambling bit in my trading!
Another similar month.
The biggest change in on the biggest Gainers front where my NASDAQ gains totally got crushed by another berserker rage incident.
This left my 3rd best gainer of the year to be a lousier number from my SembCorp Marine profits.
No change to the Losers.
Hmm.
March was very similar to February. As you can see here.
I haven't been making very big trades, so not much P/L to crow about.
Couldn't deliver much to break into either of the Top 3s.
That might be a good thing actually.
Yeah I know we are at the tailend of March.
Still, this has a good indication of where I'm killing myself a lot.
My index trading has made it to BOTH gainers and losers again. It shows how volatile trading on CFD Indexes really is. Hopefully the last few weeks has shown that I am capable of stopping this really bad gambling habit.
All other gainers and lowers have remained in similar values. I doubt I will deliberately trade them to change those values (because I could easily just do that with the CFD indexes :P)
Well hopefully the losers will stay this way OR improve, while the gainers will continue to climb higher and higher.
This is a new segment which I hope to do monthly.
Basically would like to chart the top gainers and losers trades for the year.
January (and a little of February) has brought in some good gainers to offset my losers.
On the gainers front, the PayPal trade has recently paid off handsomely. Early January also managed to clock the First Resources trade to make some good money. The NASDAQ index gamble is quite a fluctuating one, so this might drop in and out of the list throughout the year.
On the losers front, they traditionally get dominated by the indices trades which waste a lot of my money. Obviously the Dow30 is one standout that's losing my tons of money in January. Made one stupid trade on DBS in late January as well which wasted my money basically, within a few days. And of course the worst trade was the big market event of the year so far, the $GME and $AMC event where GameStop stocks went crazy because of the Reddit sub called WallStreetBets. What a saga that was, and how I managed to turn a big win at the first instance, into such a big loss.
Here's hoping I don't clock any bigger losers, and instead clock larger and larger winners!
