Really haven't been working hard on this.
It is almost as though since March I've lost sight of this trading strategy.
Still I just try to record it to see where I end up this year.
October was a very bumper month because of two SG counters.
20 October $225.00
23 October $460.00
October was a very slight turnaround.
It is only the 3rd month of the year that I achieved green, sadly. And by a very slight amount somemore.
Not much to crow about considering you can see what came out of November :(
6mins+ to be exact.
Appeared on Nasdaq.com for an interview in conjunction with the Singapore Fintech Festival.
Catch the full interview here.
This is depressing.
I was trading indices in the midst of the US Elections.
A likely Biden win would push the market up.
A likely Trump win would push the market down.
I saw the initial vote count and sadly thought Trump might win.
Ended up shorting a hell lot of Index CFDs.
Final loss was around $8K.
:(
Gonna take a while to come back from this.
So Saxo Markets have now changed their logo once more.
What I really like about it is that this time around, it is more meaningful and more purposeful.
Also all employees were gifted a water bottle, chocolate and personalized letter about the new Saxo Foundation.
Yet more losses in September.
At least October is looking green.
Trying to aggressively reduce activity in this account to minimize anymore losses.
Almost every time I touch this account, I'd wander towards either the NASDAQ100 or the S&P500 and then it is downhill from there.
Hopefully things look up in Q4.
Yet another dry month again.
Things are really improving for me so long may this continue. Haven't really gotten back into dividend plays yet while the shoring of investment capital is still in progress.
10 September $4.30
14 September $13.35
17 September $9.00
28 September $24.17
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.
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.
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