It takes courage to trade daily, the day comes ...

June 16, 2020

Introduction

It is hard for me to look into my performance issues as an investor. I was so scared and also not look for professional investor help from Feb. 20 first circuit break, and then I was so scared and did not seek professional helper as a single independent 53 years old. I like to look into this area, and start my journey on this topic. 

Fear and common sense

I like to look into this issue, and then I need to practice day trading at least 10 days before bear market came this Feb. 2020. 

I need to evaluate myself as a learner into investment. What is the problem for me to challenge myself? I doubted that I took antihistamine pill a day for months. 

Case study

Facts to review:

1.  I set up my portfolio around 80,000 dollars around SPX 2900, and $13,000 dollars on SPX 3300;
2. SPX was around 2200, lowest point, I did not do any thing except small amount rebalance;
3. SPX was around 2500, rebound $5000 dollars in 3 days on my TFSA account, I made $2500 dollars Canada oil stocks. 
4. I did nothing from March 27 to April 7, and I did not set up a large dollar amount position when SPX was lowest. 
5. My research is not enough for me to overcome fear, and learn techniques in bear market. 
6. I talked to SJTU alumni until June 12 big loss from SPX 3200 to 3000. I paid $200 Canadian dollars to get second opinion. 

I need to look into my blogs and then understand that it is important to get connected to strong players in investment industry. 

Try to get connected, get social support as an investor. Do not be bullied, get warned not gambling when I shared my $2000 dollars purchase of Canada oil stocks on March 27 2020. 

Do not get scared! It takes courage to build wealth. Do not get scared. 

800,000 people open stock account this year to trade stocks. 

It is no place to make money in this coronavirus hit the world, a lot of business shut down.