Haven't blogged for a while.
I'm not too sure why, but I definitely have been spending more time at home.
On the home front, all is well. More time at home = more time with kids and family. Becoming more of a homebody, preferring to stay at home and do a bit of house chores here and there. Or work till late hours just because we all can now.
On the work front, things are super busy. Good busy. More people staying at home + volatile markets means more people want opening new accounts and more people trading. Company is on a 50-50 split, one week Work From Home, one week work in the office. If things get worse then we might end up in a 100% WFH situation.
On the investment front, this is where things get super ugly. The markets are in total turmoil. Daily 1-2% up or down is nothing, several days of limit ups and downs (5%). My personal portfolio is terrible. I've lost about 40% of my whole portfolio from this sudden drop. I see the situation getting worse and have cut my losses when I see the chance to. Money can be earned back, I try not to be too hard on myself.
COVID-19 has changed the way we live our lives.
Singapore is currently on partial lockdown already with many businesses closed, we've barred entry to foreigners, everyone has to social distance themselves or stay at home to keep safe.
This is probably the worst global crisis we will ever face in our lives, and this is just the beginning.
I wonder how this will end?
Wednesday, 25 March 2020
Saturday, 7 March 2020
My Saxo P&L 2020 February
The red ink just continues.
Not sure how to stem it, especially with markets so volatile now.
Trying to get green in March.
February was just abysmal.
Not sure how to stem it, especially with markets so volatile now.
Trying to get green in March.
February was just abysmal.
2020 Dividend Accumulator February
As COVID-19 ravages the markets, and indices all go into freefall, I am expecting my monthly dividend returns to go down.
Feb has been a very dry month for dividends. Here's to a better March.
That said, I'm still hoping that monthly dividends are decent!
HUAT AH!!!
05 February $21.29
13 February $19.47
18 February $68.57
24 February $9.78
25 February $19.69
25 February $22.92
25 February $30.66
26 February $19.87
28 February $108.85
Total Dividends for February: $321.10
Total Dividends for 2020: $2,037.8
Average per Month: $169.82
Feb has been a very dry month for dividends. Here's to a better March.
That said, I'm still hoping that monthly dividends are decent!
HUAT AH!!!
05 February $21.29
13 February $19.47
18 February $68.57
24 February $9.78
25 February $19.69
25 February $22.92
25 February $30.66
26 February $19.87
28 February $108.85
Total Dividends for February: $321.10
Total Dividends for 2020: $2,037.8
Average per Month: $169.82
COVID-19 And The Markets
The markets are in freefall mode with the COVID-19 coronavirus spreading throughout the world.
Things are really quite bad.
Hopefully they improve soon.
Things are really quite bad.
Hopefully they improve soon.
Wednesday, 26 February 2020
Third Berserker Rage Of 2020
Sigh.
Really don't have the destiny to be rich.
I just keep losing money fast and furious.
So yesterday was in such similar fashion.
If I had chosen to busy myself with other things and done absolutely NOTHING, I wouldn't have lost all this money and I might even have made a tidy sum.
Anyway there were big moves in the equity markets the night before. US markets were down 3%. Last night as well it came down 3%. Then greedy me when to punt firstly on DBS.
Immediately shorted at the opening bell expecting a drop in the Singapore market but who would've thought, the market bucked the global trend and went up instead. Ended up closing my position.
Net loss SGD 1,000.
Then I went on the stupid IG Markets platform again to gamble all that I had in there on the S&P. Up down left right play what also lose what. My stops were just to close and I kept getting stopped out.
Net loss SGD 5,000.
I need to ban myself from trading at least till end of April.
Sigh.
Really don't have the destiny to be rich.
I just keep losing money fast and furious.
So yesterday was in such similar fashion.
If I had chosen to busy myself with other things and done absolutely NOTHING, I wouldn't have lost all this money and I might even have made a tidy sum.
Anyway there were big moves in the equity markets the night before. US markets were down 3%. Last night as well it came down 3%. Then greedy me when to punt firstly on DBS.
Immediately shorted at the opening bell expecting a drop in the Singapore market but who would've thought, the market bucked the global trend and went up instead. Ended up closing my position.
Net loss SGD 1,000.
Then I went on the stupid IG Markets platform again to gamble all that I had in there on the S&P. Up down left right play what also lose what. My stops were just to close and I kept getting stopped out.
Net loss SGD 5,000.
I need to ban myself from trading at least till end of April.
Sigh.
Thursday, 6 February 2020
My Saxo P&L 2020 January
The red tide is continuing unabated!!!
All because I refuse to believe the market should be on an upward trajectory!
Biggest losses in January have been by TSLA and S&P.
Hit my first 4-digit profit of the year with Qantas though.
And Feb looks really bad too.
Almost 10K lose already this year.
All because I refuse to believe the market should be on an upward trajectory!
Biggest losses in January have been by TSLA and S&P.
Hit my first 4-digit profit of the year with Qantas though.
And Feb looks really bad too.
Almost 10K lose already this year.
2020 Dividend Accumulator January
A new year and a continuation of this post.
Hopefully the dividends continue to increase steadily.
The world is very volatile now with so much happening, yet the stock market is charging up with new all-time high over new all-time highs. So it is pretty hard to find good dividend value.
But lets see.
January has started out really well with a super bumper dividend month to kick the year off! One single month alone raking in 25% of last year's total dividend numbers?!
HUAT AH!!!
03 January $48.27
06 January $179.23
06 January $21.29
08 January $19.14
13 January $204.00
14 January $19.47
20 January $25.41
20 January $28.80
24 January $55.40
24 January $340.24
24 January $395.91
24 January $84.36
28 January $295.18
Total Dividends for January: $1,716.70
Total Dividends for 2020: $1,716.70
Average per Month: $143.06
Hopefully the dividends continue to increase steadily.
The world is very volatile now with so much happening, yet the stock market is charging up with new all-time high over new all-time highs. So it is pretty hard to find good dividend value.
But lets see.
January has started out really well with a super bumper dividend month to kick the year off! One single month alone raking in 25% of last year's total dividend numbers?!
HUAT AH!!!
03 January $48.27
06 January $179.23
06 January $21.29
08 January $19.14
13 January $204.00
14 January $19.47
20 January $25.41
20 January $28.80
24 January $55.40
24 January $340.24
24 January $395.91
24 January $84.36
28 January $295.18
Total Dividends for January: $1,716.70
Total Dividends for 2020: $1,716.70
Average per Month: $143.06
Sunday, 19 January 2020
IG Markets Guaranteed Stops - BEWARE!
I find that IG Markets' offering of Guaranteed Stops is just so, so dangerous.
So easy to lose money, and really easy to over-leverage.
With a deposit of about SGD4,000, on a normal Stop order, I can only trade about 1 standard lot, whereas with a Guaranteed Stop, I could trade 13! This means that my entire 4K is placed as potential to be lost!
Trade safe people, don't be easily fooled by greed, which IG helps aid you in feeling.
It is far easier to get stopped out when your stop is too close to the market!
See the margin sizes when I toggle between Normal stop and Guaranteed stop!
WOW.
Gamblers unfortunately get easily addicted to these products.
SO BEWARE!
So easy to lose money, and really easy to over-leverage.
With a deposit of about SGD4,000, on a normal Stop order, I can only trade about 1 standard lot, whereas with a Guaranteed Stop, I could trade 13! This means that my entire 4K is placed as potential to be lost!
Trade safe people, don't be easily fooled by greed, which IG helps aid you in feeling.
It is far easier to get stopped out when your stop is too close to the market!
See the margin sizes when I toggle between Normal stop and Guaranteed stop!
WOW.
Gamblers unfortunately get easily addicted to these products.
SO BEWARE!
First & Second Berserker Rages of 2020
Another year, another financial blunder.
My first and second berserker rages of 2020 came within a week of each other.
All blamed on the this irrational market.
I feel so stupid and yet knew I could've avoided things had I been a little smarter about it.
The first was due to the airstrike that killed a top Iranian commander. The world knew Iran was going to retaliate and when it did, I think everyone just simply shorted the markets heavily and so did I. However as the bombs fell, the world irrationally decided that the tensions were going to ease soon after and it began to rise. It rose back to pre-tensions level and then continue to break new highs! From there I just basically died and got stopped out.
Lost SGD 6,000.
The second was stupidly because of IG Markets' trading platform. By placing a guaranteed stop, I could engage in much heavier sizes to trade on. And with that I went crazy short on Tesla, on AUDUSD, and S&P. Once again all were correlated and went on irrational rises against markets' expectations. Again got stopped out and lost a ton of bricks. Dammit!
Lost SGD 6,800.
Are things going to get better for me?
I dunno.
By the turn of the lunar new year, my year should be a little better hopefully.
Let's see.
Until then, I have imposed a trading ban on myself till end of the month.
Pui!
My first and second berserker rages of 2020 came within a week of each other.
All blamed on the this irrational market.
I feel so stupid and yet knew I could've avoided things had I been a little smarter about it.
The first was due to the airstrike that killed a top Iranian commander. The world knew Iran was going to retaliate and when it did, I think everyone just simply shorted the markets heavily and so did I. However as the bombs fell, the world irrationally decided that the tensions were going to ease soon after and it began to rise. It rose back to pre-tensions level and then continue to break new highs! From there I just basically died and got stopped out.
Lost SGD 6,000.
The second was stupidly because of IG Markets' trading platform. By placing a guaranteed stop, I could engage in much heavier sizes to trade on. And with that I went crazy short on Tesla, on AUDUSD, and S&P. Once again all were correlated and went on irrational rises against markets' expectations. Again got stopped out and lost a ton of bricks. Dammit!
Lost SGD 6,800.
Are things going to get better for me?
I dunno.
By the turn of the lunar new year, my year should be a little better hopefully.
Let's see.
Until then, I have imposed a trading ban on myself till end of the month.
Pui!
Sunday, 5 January 2020
Ideas For Businesses I Could Do without Quitting My Dayjob
Found here.
1. Tester or Reviewer
2. Online Seller on Carousell
3. Editorial Services
4. Translator
5. E-commerce Store
6. Survey Taking
1. Tester or Reviewer
2. Online Seller on Carousell
3. Editorial Services
4. Translator
5. E-commerce Store
6. Survey Taking
Subscribe to:
Posts (Atom)