Siglap Trading Scrapbook

Friday, 8 January 2021

Financial Resolution For 2021

Another year where I'd added a financial resolution out of my annual five.

This year is down from the two I had last year.

3) Earn >$30K In My Saxo Account

Mentally I already have had this target since the turn of the year. It can be seen as 'revenge' for my huge losses of last year. But really more importantly what has changed, I think, is a strengthened resolve later last year to change the way I trade. This I have adapted or am still adapting, but to rather positive results. This bodes well for this resolution, so let's see if it all pans out.

One prospective other goal I have for 2021 is to achieve more than 300K in total liquid assets by the end of the year.

Let's see if I can achieve it!

So far it is 8 days into 2021 and things do not bode well. I have been wasting money on the US Indices again as well as one stint of shorting TSLA (will I ever stop disbelieving in them?!), and am already down 4.9K for the year.

Hopefully things improve from this day forward!

Monday, 4 January 2021

Stopping the Monthly Dividend Report

Since I'm not pursuing that trading strategy anymore, I will cease to report on my dividends moving forward.

The March 2020 crash basically took me out of most of my dividend stocks.

I guess I must be doing it wrong.

Sigh.

My Saxo P&L 2020

Again keeping up with traditions, here's how I've performed this year.

As with how terrible 2020 has been for everyone, it has also been a horrendous year for my personal trading account.

I lost the most money I ever did with this trading account.

Almost 30K.

Too much trading of indices and TSLA.

Damn you Tesla! When are you going to come crashing down?!

Look at this!

Anyway everything else also didn't really go to plan, so it's been a really bummer year for me on the investing front.

Sad.

Here's my total performance for the year.

A sea of red.

My Saxo P&L 2020 December

So I managed to cap a very shitty year with a high.

Raking in the most GREEN I've enjoyed for the year.

Largely due to a new trading strategy of following one particular paid-guru.

So far so good.

Really hope that he'll help me huat in 2021.

It is really looking promising so far.

All that said, look at how red 2020 has been for me in the Saxo account! So many bad decisions all cumulated together. I have never lost so much in a single year before. If not for December's outperformance, I would have lost more than 30K!

Anyway hope 2021 will bring me greater fortune and prosperity.

HUAT AH!