Sunday, 20 September 2020

Fifth Berserker Rage Of 2020

 Another bad downturn in trading luck.

This time around I didn't even want to blog about this immediately after it happened.

Then it happened again, and again over a few consecutive days.

Be it shorting the NASDAQ, S&P500 or TSLA. All dieded.

It basically cause my August loss to balloon to 4.7K.

Then in a mere few days of early September, something similar happened and I lost another approximately 4K. Thankfully a market recovery came in play a day or two later to recover some of my losses.

Still ended up losing about 1.2K in September so far.

Terrible.

Must. 

Stop.

This.

This wanton waste of money.

My Saxo P&L 2020 August

 Quite sad that things are taking a turn for the worse on the trading front.

I just cannot seem to shore up my loses.

Wasting money every month trying to fight against an irrational market. 

Sigh.

Even the results for September are more or less set in stone.



2020 Dividend Accumulator August

Another dry month again.

This is the theme for now as I get my finances in order and shore up my savings once more after the March setback.

05 August $14.46

28 August $59.85

Total Dividends for August: $74.31

Total Dividends for 2020: $3,491.88
Average per Month: $290.99

Sunday, 16 August 2020

My Saxo P&L 2020 July

 Don't look at the August numbers.

July was only the second green month for me.

At that's because I was on a trading hiatus because of all the losses I've suffered this year. 

It is good respite, although I really should make more effort to keep the discipline of not getting itchy-fingered and placing gambling trades in check. 

I have half a month left to recover from the August losses. 

Let's see what happens to Gold miners in the coming two weeks.


2020 Dividend Accumulator July

Another month that has been relatively dry.

Right now the point is to shore up and reposition my portfolio to maximize potential in the coming macro environment while minimizing potential downside. 

So dividends taking a backseat. 

I have loaded up heavily on Gold, Gold miners and defensive stocks.

Hopefully this pays off as I pave the way to get back to a similar portfolio size as pre-COVID19 days. Expected to achieve this by year's end if things do not deviate too drastically.

17 July $22.12

27 July $115.07

Total Dividends for June: $137.19

Total Dividends for 2020: $3,417.57
Average per Month: $284.80

Battle Scars 2020

In more ways than one, I feel very lucky in this unfortunate COVID-19 situation.

Family life has improved so much.

Health has improved so much.

Work is still going well even though we WFH a lot more now.

Kids are growing up so well. 

Only the investment front is suffering although it will not be long before I get back to pre-COVID levels, which it its own way, is a good thing.

The recent Appendicitis surgery also put things in greater perspective as we dawn upon a tough situation the world currently sees itself in. 

It was a very successful surgery. I am recovering very well. The insurance claims were seamless. 

I was actually working that very Tuesday after the long weekend!

There is really so much to be thankful for and long may this bliss and prosperity in my life continue.

HUAT AH!!!

The world around us is changing. It is not the same as it was before. There is going to be a lot of pain in many industries and many countries as all of humanity grapple with this devastating epidemic. 

The economic front of Singapore is also changing. We cannot rely on our past successes anymore. As Transport Minister Ong Ye Kung said recently, Our two ports, Sea Port and Airport are our two lungs. While the Sea Port is still functioning, it is not at its capacity it used to be. The airport is not functioning well. It is decimated. This impacts so many industries inherent downwards from tourism, hospitality, business and gig economy. 

Many people are going to lose their jobs. Seriously.

Our populace has to adapt and reskill and retrain.

We also hope that our leaders can guide us in the right manner, out of this crisis, which could last between 12-24 more months. 

While talk of a vaccine is rife now, it is still clear that things will never go back to normal. 

Singapore cannot rely on domestic tourism to survive. We will have to pursue other strategies to stay ahead of the curve. 

I hope we come out of all this in a position of even greater strength than ever before.

Bless us all. 

Sunday, 19 July 2020

My Saxo P&L 2020 June

So just when I thought I had stemmed the red tide, I decide to dabble again.

And again I lose to the market.

I can never seem to win during this period.

Sigh.

I might need to force myself into some form of trading hiatus.

Have lost almost $28K this year already.

What a bummer year it is turning out to be on this front.

2020 Dividend Accumulator June

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

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?


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