Since my biggest loss of 2021, I've really stayed away from all speculative and gambling type of investments.
Pretty chuffed to have been able to achieve that to be honest.
Hopefully 2022 will be a better year for me.
I've written off 2021 from a personal investing standpoint, my loses have been the worst in the last five years.
So sad.
Since Facebook changed its name to Meta, a lot of attention has been on the metaverse.
Remember Ready Player One the movie?
Yeah something like that.
Only how to invest?
Recently got in to MANA, SAND, ENJ.
That's how.
Bloody hell.
Just because I read so many energy shortage reports and the spiking cost of energy.
I totally FOMO-ed and ended up buying a 2X Natural Gas ETF.
RIGHT AT THE ALL TIME HIGH.
Then it crashed.
In the end, an overnight of folly cost me $2K.
Bloody hell.
See below's chart.
I went long at that almost 6.50 mark.
DAMMIT!!!
No changes to the Gainers.
My losers continue to change as I trade mainly the CFD Indices which almost always end up at a loss.
Damn sad lah.
So my losses in the Dow (US 30 Wall Street) got worse, while my losses in the NASDAQ surpassed my previous number three, GameStop.
Sad lah.
Huge drop in my NORTHPOLE losses though thanks to USDSGD gains.
September was no better.
I dabbled a little in CFD Indices and lost yet again.
It always ends in a loss.
:'(
In the end, the USDSGD gains on my NORTHPOLE PE holdings ended up helping me with the extensive gains.
One major change since the last update last month.
Managed to make a little bit from Conbase to let it surpass Sembcorp Marine into the top 3!
The rest still mainly the same.
It makes me sad to see the huge loss from the Private Equity investment.
Need to earn better profits going into the final quarter of the year.
August wasn't terrible.
In fact I had hardly any trading activity aside from the Polestar Private Equity investment.
Problem was the USDSGD rate deteriorated and caused a loss.
Sad.
So I have rarely ventured into parking my funds or pay subscriptions for trading advice.
However, this was one that I have monitored and followed for several years now, and have committed a monthly subscription to his trade advice and recommendations.
You can find more information about Nimbus Capital here.
This guy is super legit. His name appears as Zaw Oo on Facebook when I first followed him years ago. He was giving out trading education and recommendations for free and it took me years to notice that he was legit, fit and proper as a trading guru. Then he started out Nimbus Capital and the rest is history.
Thankfully he hasn't reached euphoric popularity either, but his following is gaining a lot of momentum.
And the key reason is because he is real and he is honest about everything he preaches. He doesn't spiel about doubling, tripling your money with "ho kang tao" and "insider news" bullshit.
For him, the basic methodology of risk management and technical analysis is all he preaches, with no guarantees that each trade will be a P or an L. Coverage is SG, US, HK stocks.
He will provide his calculated Entry Level, Stop Loss and Take Profit levels ONLY when there are worthwhile trades popping up on his scanner.
There are certainly hits and misses. So no trade of his is a guaranteed win, but even if your stop loss is hit, you will already know what you would lose, as long as you kept to his approach and instructions!
So for his USD $20 per month package, I am getting good enough updates on this daily scanners (stocks which fulfill his criteria), his recommended trade set ups, and other educational stuff (which I hardly bother with).
The money for me is in the recommended trade set ups. They are sound, and they are good, with a good Win/Loss, Risk/Reward ratio.
More enthusiastic followers can even sign up for his training courses (he charges $3,000) and learn his criteria for stocks appearing on his scanners, and also learn to structure their own trade set ups. Maybe when I leave my day job, I might want to go for his course.
Very highly recommended.
So there is quite a shake-up going into this latest update.
Two months makes a little bit of difference and since this list is dynamic, meaning losers can turn to winners if I trade them again and be profitable and vice versa, there's always hope to improve things.
One thing I surely cannot improve on is the Polestar investment, where the fees were booked as trading losses. Still, I am very hopeful that this trade will be one of the most profitable trades in my life :)
HUAT AH!
So, just like that, NORTHPOLE will likely remain the biggest loss of this year.
No changes to biggest winners unfortunately.
Biggest losers, have seen the previous top two drop to second and third respectively, and I added more losses in the Dow30 CFD Index.
Need to stop the gambling bit in my trading!
