Yahoo finance my portfolio - SPX 1.6% increase

May 9, 2020

Introduction

It is tough learning experience. What I can do is to record a few portfolios using Yahoo finance - My portfolios, so I can easily track the update daily on those portfolios.

My portfolio

I do not have good ideas how to invest and also time the market.Right now, I sold some SPX ETF and VAB.TO bond positions, and wait for next market test low.

It is not easy to learn how to work on investment as a long term investor. What I have to do is to keep journal my experience, and better manage myself in terms of using Yahoo finance - My portfolio.

I also added more views to help tracking stocks and here is the snapshot of views:

How The Fed Is Trying To Prevent A Financial Crisis

Here is the link.

The Fed is pulling out all the stops to keep liquidly flowing through the U.S. financial system, and now, through Main Street business as well. Here’s a look at all the measures the Fed’s put in place since the pandemic hit the United States, and what kind of monetary policy tools it has left in its arsenal.

Wechat group idea - Every one contributes something

May 9, 2020

Introduction

It is my idea to build something together as SJTU wechat investment group. I like to propose two ideas.

One idea

I think that it is a good idea to build a stock portfolio for investment wechat group, so that we can find some good educators to share knowledge.

Another idea

It is not a bad idea to share knowledge and also help build a good community to learn how to invest. Most of important is to learn basics, and avoid loss in the stock market.

Reading day - CSS and my favorite website

May 8, 2020

Introduction

It is in the special time of coronavirus. The virus reminds us what is most important, what are essentials for business. I like to remind myself to focus on basics, and also expedite my coding speed on CSS. What I like to do is to review CSS, and spend a few days to warm up CSS grammar.

Super talent programmer

There is no secret to be a super talent programmer. I have to push myself to be a good learner, reading is most economical way to learn things and also reduce the cost to build website and content management.

I have to humble myself as a human being, and then spend enough time to read; afterwards I can memorize so many things, do not need to think hard and code CSS quickly, with good style as well.

My favorite reading time

Here is my favorite reading web page.

Diet & Fitness Tips from Gigi Hadid!

Here is the link.

TOP 5 Day Trading Beginner Mistakes Costing YOU Money

Here is the link.

Duning-Kruger effect

I like to learn more about this effect.

4 Lessons I Wish I Knew before I Started Day Trading

Here is the link.

1:06 There is NO secret day trading strategy that guarantees 100% win rate 4:18 Do NOT follow others' trade alerts to buy or sell stocks 8:40 Focus on learning to read the stock charts first 10:47 Learning to day trade will take TIME and patience


Day Trading is NOT easy... it's definitely not a get rich quick scheme Here are 4 Key Lessons I wish I had known before I started learning to day trade: 1. Stop looking for "SECRET" Day Trading strategies that will give you 100% win rate. They do not exist... what's missing in your day trading is screen time and experience. 2. Stop following others' trading alerts, aka chat room alerts to buy or sell stocks 3. Focus on chart reading first and foremost when learning to day trade as a beginner. 4. Day Trading takes time to learn slowly and steadily. Do not expect fast results and start making it rain within two weeks.

Stock basics: A good learning style

May 8, 2020

Introduction

It is my plan to get up early around 6:00 AM and then learn something about stock market. I spent over two hours to play with wechat, and look up yahoo finance, my TFSA and also my Ameritrade account, part 401 K. I like to push myself to learn basics, and do not worry about making or losing money. Knowledge is power. Choose to be a long term investor. 

Things I like to learn today

 股票交易基本规则：

交易方式——网上交易、电话委托

交易以“手”为单位，一手=100股

单向交易——低买高卖赚钱

股票当天跌幅——10%，标记ST股票5%，新股票上市第一天不限涨幅（ST类指连续2年连续亏损）

T+1交易，今天买入第二天才能卖出

股票交易时间：星期一到星期五，节假日顺延，9:15-9:25集合竞价，产生第一笔交易开盘价，上午9:30-11:30  下午13:00-15:00

     4   股票分类

A股：国内公司上市发行，人民币结算

深A（股票代码以0开头/创业板以3开头）

沪A（股票代码以6开头）

B股：境内上市，供港、澳、台、海外华人交易额外资股，由于法律规定，国内投资者也可以到证券公司申请开通B股

深B（以港币结算，股票代码以2开头的6位数编制）

沪B（以美元结算，股票代码以9开头的6位数编制）

H股：国内企业到香港上市发行的股票

Airbnb Lays Off 25% Of Its Employees: CEO Brian Chesky Gives A Master Class In Empathy And Compassion

Here is the link.

我的工作 | 硅谷用户体验(UX Research) | 经历 | 收入

Here is the link.

久等啦！好多人让我分享我的职业用户体验（UX）到底是干啥的；以及在美国硅谷做UXR用户体验研究员的心得；以及你们最最关心的职业收入和前景[看涨]！好多好多独家秘笈以及行业工资爆料！ ------------------------------------------------------------------------------ 主要分享5个方面： 1. 什么是UX 2. 美国的UX收入和职业前景 3. 我的经历和背景 4. 做UX Research需要的质素 5. 如何才能入行

What Happens to Landlords When Tenants Can't Pay Rent? | WSJ

Here is the link.

How missed rent payments spark a 'cascade' of financial hardship

Here is the link.

Many Americans affected by the coronavirus pandemic are struggling to pay their rent when they have lost income and haven’t yet been able to secure unemployment money. Missed rent, in turn, adds up to landlords who can’t pay their mortgages or property tax. And then cities and states will struggle to provide the basic services that tax payments fund. Paul Solman reports on this “looming cascade.”

Preparation - Sell par 401 K equities and keep the bond position

May 7, 2020

Introduction

It is important for me to stay in the market but take less risk for down turn. I am thinking about selling position when SPX is above 2800, and then I will definitely get back in when SPX is around 2400.

Preparation

I need to sell a few positions, so that I will not buy low and sell high.

TRBCX
FXAIX

Can Airbnb Survive?

Here is the link.

With cancellations adding up and crippling the travel industry, guests, hosts and investors alike are left asking whether Airbnb will survive at all.

What It’s Like Being Unemployed Because Of Coronavirus

Here is the link.

The U.S. is currently grappling with unprecedented levels of unemployment and is predicted to experience a coronavirus-induced recession at least through 2021. As of April 17, over 22 million American workers have lost their jobs due to coronavirus. CNBC Make It spoke with some of these Americans to learn how they have been impacted professionally, financially and mentally.

Families struggle to make ends meet while navigating COVID-19 economic relief | Nightline

Here is the link.

14945 100 AVENUE 208, Surrey, British Columbia

Property Summary for 14945 100 AVENUE

Property Type

 

Condo

MLS® Number

 

R2451420

Year Built

 

1981

Stories

 

1

Basement

 

None

Neighborhood

 

Guildford

Postal Code

 

V3R1J6

Description for 14945 100 AVENUE

Best value in Surrey! Lovely 1 bedroom + nook/study/storage home in the quietest building in the Forest Grove complex with bright Southern exposure. Upgrades include stove & range hood, fridge, laminate flooring & baseboards, balcony door & bedroom window screens, light fixtures & switches, fresh paint, and refaced kitchen & bathroom cabinets. You also get new kitchen and bathroom floor tiles, counter-tops, sinks & faucets. Enjoy your huge sunny balcony. Shared laundry on both 1st & 2nd floors. Underground parking plus plenty of visitor parking. Great location...walking distance to Guildford Mall, schools, recreation, restaurants, theatre, library & parks. Easy access to public transport & Hwy. Pro-active on-site caretaker & good management. Rentals allowed. Call before it's gone! * PREC - Personal Real Estate Corporation (id:1937)

Actionable Items

Over 500,000 owners asked for mortgage deferred payments in Canada. No one likes to low the price to put condos in the market. 

Strategies for Quarterly Earnings Season

Here is the link.

Most actively traded companies on the TSX

Here is the article.

Air Canada - a share holder notes

Here is the article. 

Air Canada said it is also moving up the date for retiring older Boeing 767, Airbus A319 and Embraer 190 aircraft, with the Embraer regional jets exiting the fleet immediately. The move will simplify the fleet, reduce its cost structure and lower carbon emissions.

In March, Air Canada drew down about $1 billion from its lines of credit, and now has unemcumbered liquidity of CA$6.5 billion, down from CA$7.4 billion at the start of the year. Last month, it obtained a one-year term loan for $600 million, secured by aircraft and spare engines and said it will continue to pursue additional financing arrangements. And in late April it concluded bridge financing of CA$788 million for 18 Airbus A220 aircraft, which Air Canada expects to replace with long-term secured financing later this year.

Blackrock inc - Learn from professional traders

May 4, 2020

Introduction

It is unbelievable to go over how many shares Blackrock inc purchased on March 31, 2020. I just could not believe that I did not spend my fund in VAB.TO over $22,000 Canadian dollars to purchase equities.

Case study

I like to take a look how many stocks Blackrock inc purchased on March 31, 2020.

https://fintel.io/sob/us/ovv

VOO / Vanguard 500 Index Fund

6,485,981

20,857.67

1,536,010

16,679.66

VOO shares 6,485,981
Share changed (%) 20,857.67
Value ($1000) 1536,010
Value change (%) 16679.66

PSX / Phillips 66 shares
Share 31,599,517
Value 631,990,240.00
Value change (%) 1,695,316

Business plan: Work on $10,000 dollar purchase on OVV.TO stock

May 4, 2020

Introduction

I like to be a good stock research, and I like to look into how to purchase $10,000 dollar OVV.TO stock and also OVV stock in Ameritrade.com, and see if I can make some profit in next two to three years.

Everything about OVV.TO

I just found that blackrock.com had purchase of OVV.TO stock on March 30, 2020 through the web page:

2020-05-01
Form 13F
Purchased Date
Investor BlackRock Inc
Shares    1,264,546
CurrentValue (x$1000)  3,413

purchased price 3413000/1264546 = 2.70 US dollars = 3.50

But I only purchased 100 shares, price 3.70 Canadian dollars on March 27, 2020

I like to see if I can invest on this OVV.TO stock and see if I can invest $10,000 dollars, and then get something back as return.

It is not easy for me to manage the risk. How many things I should check and also how long I should time the market to get in and also get out.

Business opportunity - Canadian oil stock 60% up in less than one month

May 4, 2020

Introduction

I did study bear market and then learned a few things about bear market. When people panic sell, the market price usually goes too low, I should catch up the opportunity. My Canadian stock with $2000 dollar purchase went up 60% in less than one month, OVV.TO stock went up 120%. I need to look into my purchase March 27, 2020. Why I did not even think about selling all bond around $22,000 Canadian dollars to purchase those Canadian oil stocks.

Big gamble?

I have to learn that it is not risky and it is not gamble. I am not sure what it is. I purchased $13,000 dollars on SPX and another equity ETF in one day, highest position SPX 3300. If it is not gamble, then I should not treat $13,000 dollar purchase at lowest position SPX 2200 as a gamble.

I should treat those two transactions fairness.

Business plan: purchase more GE stock responding to layoff 25% employee news

Yahoo finance my portfolios - Bring good feeds for my positions

May 4, 2020

Introduction

After more than one hour to add positions for my Key Largo positions and Victoria TFSA positions, I found out that there are so many benefits inside Yahoo finance my portfolio. The news feed is related to positions I have, and also from various good-quality places.

Showcase of my Key Largo portfolio

I will add some content here.

Actionable Items

I should start to use Yahoo finance my portfolio back in 2019 May, instead I just started to use the product feature until May 1, 2020. I should do better research to get best tools in the market.

Right now, I am a long term investor, but somehow I chose not to stay on the course. My SPX 500 ETF and bond are sold most of them, and I am waiting on the sideline.

Bear market is such great time to take some calculated risk and make big profit. But I show more passion with wechat tool to share my VAB.TO bond swings, I should focus on myself and think about selling high and buy low. Now my portofolios was with over $10,000 dollars loss from peak February 2020, now it is close to May 2019 I started.

There are good learning experience for me to learn a few free tools.

Here are highlight:

 1. Yahoo finance - My portfolio
 2. Sharesight.com
 3. Personal capital website

Warren Buffett Advice: 3 Top TSX Stocks to Buy in May

Here is the article.

The '60-40' Portfolio Worked; It Saved This Much From The Crash

Here is the article.

Anton Kreil Annihilates Retail Brokers and "Trading Educators"

Here is the link.

Dr David Paul - The Psychology of Trading & Investing

Here is the link.


David Paul:
1. A method
2. manage our money
3. manage ourselves.

Stick to a simple set of rules regardless of feelings or internal gut feelings. He compares it to training, simple discipline. No one knows if the market will go up or down and not in that order. The “game” is to learn how to make money in the market over and over again.

The money that you make is a function of both the hit rate and risk to reward. Most just think of the hit rate, vs think about the risk to reward and the hit rate. The internet is full of hit rate systems, most of these systems in fact lose more than they hit.

Every trade has two decisions associated with it: long or short, how much do I bet what percentage of my portfolio do I bet/trade. You should not risk 1-2% of your portfolio on any one trade.

The pituitary gland is responsible for every emotional response you have in a day. When you have good trades in a row the pituitary changes the way you feel and think. When you have multiple wins you think you’re invincible, and you up the bet/trade amount. The good trades cause you to go broke, be aware and careful of euphoria when making good trades.

You only need one good pattern, could be a wedge pattern or head and shoulders or any pattern you like.

Have the discipline to do it and use it over and over again. Regardless of your feelings or percentage of good trades. Stick to the pattern you know well, keep it simple and trade no more than 1-2% of your portfolio.

Discipline can be and should be built. Discipline gives consistent gains and hedges your losses. Wealth is built over a long period of time. Discipline requires you grit your teeth and stock to the plan, follow it without deviation for 20-30 trades.

Make your plan mechanical, the more mechanical the better. Stick to it to make it a habit over 20-30 trades. The first few trades are difficult to stick to the plan. But stick to it have discipline, until it’s habit.

Focus on perfect execution of the plan between 5-20 trades. You are 8-13 trades away from the trader you want to be, but they never get there until you adhere to the plan, using no more than 1-2% of position sizing when trading.

Summary
Risk no more than 1-2% of your portfolio Make a plan and stick to it no matter what -create mechanical trading system, more mechanical the better - keep it simple, learn 1-2 patterns and stick to it. Stick to the plan 20-30 trades until it’s a habit. Till you wedge it into your neural pathway. Careful of pituitary euphoria after a string of good trades. Don’t increase your portfolio risk.

Phillip Konchar: Trading Like a Business

Here is the link.

What Makes a Great Trader?

Here is the link.

What makes a great trader? 1) You need a technical edge, a system that puts the odds in your favour. 2) Money management - You need to understand risk and be able to manage this ongoing. 3) Psychology - You need to learn, understand and be able to apply trading psychology 24/7. You must have all three to trade successfully and they're written in order of importance. You must also learn each aspect in the order I have written them. You can be a master of trading psychology or money management, but if you don't have a technical edge you won't make money. 95% of retail traders never overcome step 1, this is why so many fail.

Comments:

2:52 The most important thing. A: What you do with your losers and B: how your portfolio is constructed.


Tenacious, and also handle the stress.
Work as professionals.

Sponge - key aspect - what is noise, what is important? Spend as little time possible not important - risk adjusted profit

A trading plan is a must for every serious trader – here is how to do it

Here is the article.

The 11 Trading Rules Of A Market Wizard – Marty Schwartz

Here is the article.

Marty Schwartz has always been my favorite trader from the Market Wizards book and I recently read his own book (Pit Bull: Lessons from Wall Street’s Champion Trader). In the following article I would like to discuss and revisit 11 of his personal trading rules and principles, which I also use to some degree in my own trading, that could help other traders improve their own trading and provide some insights how a professional trader approaches trading.

1. An object in motion will stay in motion
2. The Magic T Indicator
3. Red light / Green light
4. Don’t put stops below the low and above the high in a range
5. Put/Call contrarian indicator
6. Understand the news
7. Connect with your charts and work ethic
8. Use a checklist and a trading plan
9. 
   

Best Trading Books? 5 Must Read Trading Books

Here is the link.


5 best trading books that were very helpful to me. http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Which trading books were super helpful in my trading? 5 Must Read Trading Books. These were some of the best trading books I have read. 1) Reminiscences of a stock operator - basically thinly disguised biography of Jesse Lauriston Livermore. Very good in terms of mindset and discipline. 2) Pit Bull - Martin Schwartz, this guy went his own path when it comes to strategy, its more of a story book but its very useful for us traders. 3) Inside the House of Money - Steve Drobny; basically interviews with traders and hedge fund managers. 4) Market Wizards by Jack D. Schwager. Interviews with traders; its a big series. 5) Psychology of Trading - Brett Steenbarger. Psychologist specially focused on trading has written several books.

MARKET WIZARDS - Match your Trading Method to your PERSONALITY

Here is the book review in 7 minutes.

What if you could read the principles for success from some of the world's greatest traders? Well you can, thanks to Jack Schwagers remarkable book - The Market Wizards. The book is a series of interviews with some of the greatest traders from the last 40 years. This is the first of many videos in Autochartist’s new series: Trading Lessons from the Market Wizards. Each video will discuss a different key lesson taken from the interviews with the top traders. If you implement these lessons into your trading, you will become a better trader. Here’s the first Lesson - Match Your Trading Method to your Personality.

Trading Lessons from Trading in the Zone by Mark Douglas

Here is the book quick review lasting 11 minutes.

In this video, we break down and summarize the key lessons and takeaways from this book and explain why we think you should check it out too!

Key takeaways

• The determination factor between successful traders and losing traders is pyschology.
• Mistakes traders make are often built on applying deep-rooted emotional issues to interactions with the market.
• Trader must come to a point where they can trade free of psychological baggage in order to find success
• Eliminate your fear/ emotions around trading
• Adopt a probabilistic mindset
• Learn to be a consistent winner
• Learn to trade an edge like a casino

Trade an edge like a casino

1. Pick a market to trade
2. Choose a set of variables to define an edge
3. Define entry trigger
4. Define stop loss placement
5. Define timeframe to trade
6. Define how to take profit

Trade a sample size of minimum 20 trades using this exercise to get you to think about trading as a probabilities game rather than an individual trade-by-trade perspective.

PNTV: How Champion's Think by Bob Rotella

Here is the book review video lasting 18 minutes.

Golf coach - work on a lot of athletes, sports psychology expert.

1. Exceptionalism - best I can be 
2. You + Lebron 
3. You + GOD
4. Train it, Trust it
5. Enthusiasm 

burning desire - first characteristic - commitment 

content - absolutely best version of me 

Be willing to dream 

Energy, work, 

Superstar - Lebron - basketball player - mind - willing to think that big - from decent shooter to great shooter - peak performance, show with his son. 

practice goal - great ever - create a montage - watch montage - feel himself to perform that level - shooting coach - catch/ shoot, 300 shoots a day, practice goal - execute it every single day, find it. 

3. You + GOD
Trust GOD. Do your part.

4. Train it, Trust it 

Practice until you cannot get it wrong - Kobe 13,000 a day - exceptional dream - price - what you want - if you like to pay the price then ... underestimate .......

5. Enthusiasm
Love what you do. Stick to something you love. Write something uphill.

Thousand thousand times - Do something you do not love - something awesome, you love to do.
Be catalyst to be your own cheerlead for your enthusiasm

How Champions Think-Bob Rotella & Bob Cullen

Here is the link.

Goals

Break down your dream into process goals.
Commit to it one goal at a time
Set yourself high goals
Do away with limits. No dream is impossible.

Optimism

Choose to be optimistic, especially during tough times.
Get rid of negative influences.
Surround yourself with supportive and optimistic people.
Change your environment to a positive one.

Confidence 

Choose to be confident, even before you win.
Visualize your goals
Celebrate your success, no matter how small.
Don't dwell on failures.
Confidence will directly affect your work ethic.

Book reading: “Market Wizards” by Jack Schwager

The book “Market Wizards” by Jack Schwager around the end of the eighties. He interviewed many of the top traders in the US, including those that I quote from above. His conclusions were similar to my own in that each of the big winners had a radically different trading plan which suited their own personalities and beliefs about markets. Market Wizards is a must read for those who are determined to become winners in the trading/investing business.

Book reading: “Practicing the Power of Now” by spiritual writer Eckhart Tolle

Mark Douglas’s book will help with this, but to build self-awareness and presence I recommend a careful read of “Practicing the Power of Now” by spiritual writer Eckhart Tolle. In this, the author instructs in how to focus on the present moment. All the big winners in life have either been born with skill, gained the skill from parents or more likely developed the skill along the way.

Book reading: “How Champions Think” by Dr Bob Rotella

When you go through the three books I have suggested above, then also consider “How Champions Think” by Dr Bob Rotella. Dr Rotella is the leading golfing coach in the world presently and has worked with all the big name golfers over the past 25 years. Every word in the book applies totally to becoming a consistently winning trader. I could not put it down.

Book reading: Mark Douglas’s book “Trading in the Zone”

Mark Douglas’s book “Trading in the Zone” is a must. In this, Mark talks about how to build trading beliefs that are in sync with the realities of the market environment. This will profoundly change your ability to rationalize a losing position in the same way as a successful business pays its bills.

THE SECRET TO TRADING SUCCESS. IT’S NOT WHAT YOU THINK.

Here is the article.

“I haven’t met a rich technician”   Jim Rodgers 

“I always laugh at people who say, I have never met a rich technician. I used fundamentals for 9 years and then got rich as a technician” Marty Schwartz 

“Diversify your investments” John Templeton 

“Diversification is a hedge for ignorance” William O’Neil 

“Concentrate your investments. If you have a harem of 40 women you will never get to know any of them well” Warren Buffett 

“You have to understand the business of a company you have invested in or you will not know whether to buy more if it goes down”. Peter Lynch 

“Averaging down is an amateur strategy that can produce serious losses” William O’Neil 

“Don’t bottom fish” Peter Lynch

Book review “Market Wizards”

Book “Market Wizards” by Jack Schwager around the end of the eighties. He interviewed many of the top traders in the US, including those that I quote from above. His conclusions were similar to my own in that each of the big winners had a radically different trading plan which suited their own personalities and beliefs about markets. Market Wizards is a must read for those who are determined to become winners in the trading/investing business.

“My basic advice is not to lose money” Jim Rogers 

“I am more concerned about controlling the downside. Learn to take the losses. The most important thing in making money is not to let your losses get out of hand” Marty Schwartz 

“I am always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have” Paul Tudor Jones 

“Rule 1. Never lose money. Rule 2. Never forget Rule 1” Warren Buffett 

“Learn how to take losses quickly and cleanly” Bernard Baruch 

“The majority of unskilled investors stubbornly hold on to their losses” William O’Neil 

“I believe the very best money is made at the market turns” Paul Tudor Jones

When you go through the three books I have suggested above, then also consider “How Champions Think” by Dr Bob Rotella. Dr Rotella is the leading golfing coach in the world presently and has worked with all the big name golfers over the past 25 years. Every word in the book applies totally to becoming a consistently winning trader. I could not put it down.

Book “Market Wizards” by Jack Schwager

10 Secrets to Achieve Financial Success

Here is the link.


In June 2015, Managing Partner of the Institute of Trading and Portfolio Management Anton Kreil was interviewed whilst on a business trip from Singapore to New York and London. In this fly on the wall documentary style interview, Anton is probed by interviewer Tom Murray on what it takes for people to become financially successful and to obtain personal freedom. The result is an epic journey around the world, providing a glimpse into the life of one of the most successful financial markets traders in the world over the last 20 years and his philosophies on money, business and life. During the interview Anton provides 10 key messages that if followed and implemented properly over time, will help anybody achieve financial success and win their freedom. 10 Secrets to Achieve Financial Success 1. Respect Money and be Indifferent towards it (20:59) 2. Rent to Own – Define Assets and Liabilities Properly (42:33) 3. Build and Own your own Infrastructure (50:16) 4. Go Travelling, Get Perspective, Get your Dream Life (1:01:00) 5. Know that Risk is Subjective not Two Dimensional (1:07:33) 6. Seek out Alternative Education (1:17:45) 7. Learn to Value your Time Properly (1:24:30) 8. Ditch the Smart Phone (1:33:12) 9. Mainstream Media is Useless. Don’t consume it (1:40:51) 10. Choose Role Models that suit Your Objective (1:45:09)