Saturday, September 12, 2020

My worry: SU.TO 1000 shared bought last Friday morning

Sept. 12, 2020

Introduction

I bet that there is another market crash next Monday morning. Wall street likes this game to play to make market to go up and down. Now it is downward game. What is true value of SU.TO stock and I did not know. 

SU.TO stock

I did not understand why I made purchase those 1000 shares of SU.TO last Friday. I learn the term from gamble control - urges. It might be the urge and then I made purchase. 



My learning of common mistakes from Humbled Trader

What I like to do is to remember those mistakes one by one. I already learn the lesson after I took loss over $6,000 dollars of my loss on August 31, 2020. It is only less than two weeks, I changed from one day $600/ gains, but I decided to expect more gains, with $1000 dollars loss, $2000 dollar loss, until $6000 dollars gains. I understood that my emotion got in my way. I did not know what I do. I am in the gamble of stock market. 

The institutions like to make Canada oil stocks I bet on Su.TO, IMO.TO, HSE.TO and CVE.TO go down another 10-15% percent. I cut loss on those $6,000 dollars. But I still went back to purchase $20,000 last Friday to bet again. 

Next Monday will have 5% to 6% loss when market opens. That is the game wall street likes to play. It is not easy world to hold 1000 shares of IMO.TO or SU.TO sotck. 


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