Sept. 16, 2020
Introduction
It is challenge for me to figure out what to do best for my own interest. This morning crude oil went up $1.8 dollars, and later over 4%, XLE went up more than 4%. I did sell CVE.TO 1010 shares, and also 1010 HSE.TO shares. But I learned that I should work on more ideas from 6:30 AM to 9:30 AM.
Ideas to catch momentum
CVE.TO has around 3.0% gains, I decided to sell 1010 shares of CVE.TO. What I should do is to set trailing stop, so that I can sell when CVE.TO makes 8% gains, drop 1% to 7% gains. Furthermore, I should bet on CVE.TO makes 8% gains, so that I can purchase $60,000 dollars to have 5% gain using trailing stop.
There are around 5,596,900 shares today. In total there are 25 million dollars to sell, it may not be ideal place to bet on 8% return. I should consider other big oil companies instead.
1010 CVE.TO shares of sale
Also I should purchase XOM stock using my cash in my Ameritrade.com account, so that I can get 4% return on crude oil price gains over 5%.
Actionable Items
Every time I sell a stock, I should build a good habit to think about using trailing stop first; I am not sure the momentum of CVE.TO stock, and I should make most of profit I can.
Also since crude oil price goes up, I should consider other big oil companies, and get gains from those stocks as well.
I lost over $6,000 dollars on SU.TO, IMO.TO, HSE.TO, but those stocks did not get big rebound.
I should work on my knowledge of oil industry, know more about stocks and ETF as well.
If I think about carefully about CVE.TO momentum, and then put an order of trailing limit order, then I can make more than $0.10/ share for those 1010 share. The total gain is $101 dollars.
If I learn that the probability to go higher is almost 100%, I checked XLE ETF, and all other big oil stocks go up, I should purchase $60,000 dollars on CVE.TO and put a trailing limit order to sell, so that I can make profit in less than three hours with 5%. That is around $3,000 dollars.
So I should do more research, and learn more about business about crude oil, energy stock, and wait for those opportunity to rebound over 5% with high probability.
Sept 16 2020
My portfolio










I have issues called loss aversion, and I did not cut loss early when price was around $9.8/ share. Need to get back in at lower price.
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