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.
Sharing my investment opinions/trade ideas as well as rationalizing them in words. All posts are personal opinions and do not constitute a recommendation to buy or sell any financial instrument, or to make any investments. Readers should do your own due diligence at all times.
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.
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.
One single pathetic dividend payout.
Nothing much to crow about as usual.
17 December $5.00
18 December $13.50
21 December $40.00
30 December $34.00
30 December $18.00
One single pathetic dividend payout.
Nothing much to crow about as usual.
04 November $15.00
So just when I thought things were turning around, I get slapped in the face by the market and by my own stupid trading indiscipline.
I ended up trading indices again and almost bursting my employee trade count restriction within the first week.
Plus losing 5.5K to boot.
How shitty is that?
December is looking promising but it is still early days so hopefully I don't do anything stupid now. Already 3.8K up!
If I can carry this on then I'll talk about what I did to turn things around next month.
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.