I made some transactions last week and they are not particularly good.
Here are my transactions for the last week!
Capital injection: ~900SGD
1.OEG
I was trying to ride the trend and speculate/gamble.
I looked at this stock before and thought the trend could continue for a day or two.
So I went in with 100 shares and did not even had a chance. So two hours later, I exited with ~150SGD loss.
Capital outflow: ~22KSGD
1.YALA
I added 1000shares at 15.5 the week before last week, which made my holdings too heavy in my portfolio. I was a bit worried.
So seeing the stock on the rise, I just put a “limit” order at 10% gain.
I was going to wait and see, but fell asleep. So I sold at 17.05 while the highest price on that day reached 18.2/18.3.
I would have caught the trend if I stayed awake for another half an hour.
Sadly, there is no “if”.
However, I am happy with the transaction.
Not because of the 10% gain. Actually, I was more irritated by losing the change of 20% gain, vs securing the 10%.
But because the concept of portfolio really came to me.
I really convinced myself of maintaining a balanced portfolio, instead of going for any single stock emotionally, which cost me dearly in the past.
The rationale behind the decision is more important than a right decision itself.
Happy investing!
