Another month which I thought was dry, but there was a little something.
Always nice to have surprises like that.
Also got into a monthly dividend-paying BDC, PSEC, once more.
Hope to see some dividends on the board soon.
12 June $152.00
Total Dividends for June: $152.00
Total Dividends for 2020: $3,280.38
Average per Month: $273.37
Sunday, 19 July 2020
My Saxo P&L 2020 May
This is truly turning into my worst ever year trading with Saxo.
Another $6.8K down.
Every time I try to time the market and think the stock markets will go down, I get my fingers burned.
And May was seriously bad.
I have to be better at risk management by now no?
Another $6.8K down.
Every time I try to time the market and think the stock markets will go down, I get my fingers burned.
And May was seriously bad.
I have to be better at risk management by now no?
2020 Dividend Accumulator May
Notice that I didn't blog in May at all?
Actually it wasn't because there weren't any updates.
I just forgot that's all.
Anyway it is going to be a dry rest of the year on the dividend front.
May was good only because of a few one offs.
19 May $350.00
27 May $45.50
Total Dividends for May: $395.50
Total Dividends for 2020: $3,128.38
Average per Month: $260.70
Actually it wasn't because there weren't any updates.
I just forgot that's all.
Anyway it is going to be a dry rest of the year on the dividend front.
May was good only because of a few one offs.
19 May $350.00
27 May $45.50
Total Dividends for May: $395.50
Total Dividends for 2020: $3,128.38
Average per Month: $260.70
Saturday, 30 May 2020
Fourth Berserker Rage Of 2020
Sigh.
Took awhile to want to blog about this.
I've been gambling on the US Indexes too much.
I simply do not see any reason the US market should keep going up when everything around us is all bad news.
Only the unlimited QE seems to be driving the market up.
It is so kua zhang that the NASDAQ is back to near ATH.
Ridiculous.
I had wanted to stop this already.
Then it began with a loss of 1.2K.
After a week of wallowing, I got complacent again.
This time it got much worse, another 4K loss from in/out waste-time gambling.
Sigh.
I really need to stop this before I lose all my savings.
Took awhile to want to blog about this.
I've been gambling on the US Indexes too much.
I simply do not see any reason the US market should keep going up when everything around us is all bad news.
Only the unlimited QE seems to be driving the market up.
It is so kua zhang that the NASDAQ is back to near ATH.
Ridiculous.
I had wanted to stop this already.
Then it began with a loss of 1.2K.
After a week of wallowing, I got complacent again.
This time it got much worse, another 4K loss from in/out waste-time gambling.
Sigh.
I really need to stop this before I lose all my savings.
Monday, 25 May 2020
Lost Too Much This Year Already
I've lost too much money this year already.
The turbulent and volatile markets caused by COVID-19 have decimated my stock portfolio.
At the same time my own speculative bets on the market indexes have all ended up with hefty losses.
I've probably lost about $30K this year already on speculative bets, and another $50K on my stock portfolio.
It really hurts.
But I do feel like things could have been a lot worse for me.
Anyway all this bleeding has to stop.
I've decided to take a trading break for the next full month.
Hopefully I can remain disciplined and not end up funding my trading accounts by credit card again to gamble.
It's time to shore up my finances once more, even if it means I don't invest much any more for the rest of the year.
The turbulent and volatile markets caused by COVID-19 have decimated my stock portfolio.
At the same time my own speculative bets on the market indexes have all ended up with hefty losses.
I've probably lost about $30K this year already on speculative bets, and another $50K on my stock portfolio.
It really hurts.
But I do feel like things could have been a lot worse for me.
Anyway all this bleeding has to stop.
I've decided to take a trading break for the next full month.
Hopefully I can remain disciplined and not end up funding my trading accounts by credit card again to gamble.
It's time to shore up my finances once more, even if it means I don't invest much any more for the rest of the year.
Thursday, 7 May 2020
My Saxo P&L 2020 April
Wow what a terrible month April has been for me in trading.
With this >10K loss, I have surpassed the cumulative total I've lost ever since this tracking was done!
Horrendous!
No idea how to recover from this.
Just hope that the losses won't get worse than they are now.
With this >10K loss, I have surpassed the cumulative total I've lost ever since this tracking was done!
Horrendous!
No idea how to recover from this.
Just hope that the losses won't get worse than they are now.
2020 Dividend Accumulator April
So April is the month I'm hardly earning any dividends.
Will have to start from scratch all over again.
Projectively it doesn't look too difficult to reach the type of AUM I had prior to the big drop and market low of March 23rd, it might take me a year or so.
That said, the dividends have now slowed to a trickle and will likely be so for the months ahead.
There might be months which I'd get zero maybe?
02 April $41.84
03 April $22.03
08 April $190.57
20 April $3.39
Total Dividends for April: $257.83
Total Dividends for 2020: $2,732.88
Average per Month: $227,74
Will have to start from scratch all over again.
Projectively it doesn't look too difficult to reach the type of AUM I had prior to the big drop and market low of March 23rd, it might take me a year or so.
That said, the dividends have now slowed to a trickle and will likely be so for the months ahead.
There might be months which I'd get zero maybe?
02 April $41.84
03 April $22.03
08 April $190.57
20 April $3.39
Total Dividends for April: $257.83
Total Dividends for 2020: $2,732.88
Average per Month: $227,74
Friday, 10 April 2020
The Weirdness Of Coronavirus Markets
So in the midst of this COVID-19 situation, we can see clearly how bad this virus situation is doing to the economy, jobs and livelihoods.
The US reported their latest jobless claims numbers and there are 16 million jobless people in the US now.
Yes the stock markets continue to surge up from their 23rd March lows.
It is dumbfounding and doesn't make sense.
Is there so much helicopter money poured in by the US government that all reality is ignored?
I don't know.
But this is the clearest example of the rich only getting richer and the poor only getting poorer.
People who cannot dabble in the stock market are basically dead.
Those who have the money will still lose if you've sold off the bulk of your portfolios and don't dare to go into this market for fear that it is a ultra optimistic dead cat bounce. Like me.
Only those who have had the guts to pour it all in at the timeliest (maybe about a week ago) have been able to prosper.
Even those who have done nothing are still seeing about 20% down from their portfolio values.
Oh well.
HUAT AH!
The US reported their latest jobless claims numbers and there are 16 million jobless people in the US now.
Yes the stock markets continue to surge up from their 23rd March lows.
It is dumbfounding and doesn't make sense.
Is there so much helicopter money poured in by the US government that all reality is ignored?
I don't know.
But this is the clearest example of the rich only getting richer and the poor only getting poorer.
People who cannot dabble in the stock market are basically dead.
Those who have the money will still lose if you've sold off the bulk of your portfolios and don't dare to go into this market for fear that it is a ultra optimistic dead cat bounce. Like me.
Only those who have had the guts to pour it all in at the timeliest (maybe about a week ago) have been able to prosper.
Even those who have done nothing are still seeing about 20% down from their portfolio values.
Oh well.
HUAT AH!
My Saxo P&L 2020 March
Green in March!
Not too bad, albeit unable to recoup the loses in Jan and Feb.
Was hoping to continue this trend into April, but in the first 10 days of April I am already down almost 7K.
So much for continuation.
March has tons of volatility to play with.
It was also very easy to get carried away.
I had a few near berserker rages again.
Ah well.
Hope to huat and make up for all these loses over time.
Not too bad, albeit unable to recoup the loses in Jan and Feb.
Was hoping to continue this trend into April, but in the first 10 days of April I am already down almost 7K.
So much for continuation.
March has tons of volatility to play with.
It was also very easy to get carried away.
I had a few near berserker rages again.
Ah well.
Hope to huat and make up for all these loses over time.
2020 Dividend Accumulator March
March was the worst month ever in the history of my dividend portfolio.
And with that, I liquidated a very big portion of my portfolio while things were on the way down.
Along the way, four of my biggest dividend machines (MRRL, MORL, REML, SMHB) basically died (ETNs that got called or delisted)
So much for earning dividends anymore.
What's left to come will be dribs and drabs.
I'm not sure how long it will take for me to get back to that same level of dividend payouts.
Not even sure if 12 months is sufficient but let's see.
That said, in March I still received a little bit of leftovers of dividends declared in Feb.
So only in April will the poor payouts be reflected.
02 March $92.53
04 March $22.06
12 March $20.18
13 March $12.03
24 March $36.92
24 March $40.73
24 March $34.99
24 March $27.81
27 March $150.00
Total Dividends for March: $437.25
Total Dividends for 2020: $2,475.05
Average per Month: $206.25
And with that, I liquidated a very big portion of my portfolio while things were on the way down.
Along the way, four of my biggest dividend machines (MRRL, MORL, REML, SMHB) basically died (ETNs that got called or delisted)
So much for earning dividends anymore.
What's left to come will be dribs and drabs.
I'm not sure how long it will take for me to get back to that same level of dividend payouts.
Not even sure if 12 months is sufficient but let's see.
That said, in March I still received a little bit of leftovers of dividends declared in Feb.
So only in April will the poor payouts be reflected.
02 March $92.53
04 March $22.06
12 March $20.18
13 March $12.03
24 March $36.92
24 March $40.73
24 March $34.99
24 March $27.81
27 March $150.00
Total Dividends for March: $437.25
Total Dividends for 2020: $2,475.05
Average per Month: $206.25
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