Julia's coding blog - Practice makes perfect

From January 2015, she started to practice leetcode questions; she trains herself to stay focus, develops "muscle" memory when she practices those questions one by one. 2015年初, Julia开始参与做Leetcode, 开通自己第一个博客. 刷Leet code的题目, 她看了很多的代码, 每个人那学一点, 也开通Github, 发表自己的代码, 尝试写自己的一些体会. She learns from her favorite sports – tennis, 10,000 serves practice builds up good memory for a great serve. Just keep going. Hard work beats talent when talent fails to work hard.

Thursday, June 11, 2020

Yahoo finance portfolio: TFSA Canada oil stocks CVE and HSE

June 11, 2020

Introduction

It is difficult situation to be an investor. I have to play with so many emotions, and then I also like to document the experience. I like to make a business plan with today purchase: CVE and HSE stocks.

Business plan

I have to learn how to discipline myself, and also learn how to fight unknown addiction or other negative terms developing through this stock crisis.

I like to play by rules, and also think clearly.

Fear missing out

First I reviewed my performance from March 20 to June 11, a lot of stock went up more than 100%, but my performance with 64500 dollars only has less than 3000 dollars. I am not top 5. I am in top 10, since I do not lose the money.

Down risk, up reward

There is down risk, the risk is 50%. I believe that index SPX 2200 is lowest one. Up reward may be 100%.

Since March 27 oil stocks I purchased has $1600 dollars gains up to June 11, 2020. So I like to take $1500 loss, assuming that 50% stock drop, so I like to purchase $3000 dollars.

If there is gain on this purchase, I will sell the half profit, wait another down turn, SPX 3100.

I do not like to continue to purchase March 27, 2020 oil stocks. I like to learn more about Canada business, more learning after stock purchase.

It is important for me to try out risk to invest in individual stocks. I like to get more return compared to SPX, and I like to learn how to measure the risk.

Actionable Items

I have to pray and learn that it is such a privilege to have a full time job during coronavirus, so that I can practice stock market and learn how to invest.

Whatever I lose, I still have income from full time job.

I should start to work on this principle: Do not lose money; Keep long term investment like VBAL.TO, I should purchase stocks based on the principle. Take some risk. Do not time the market. Invest for potential return.

Do not care about market value too much.

The truth is I should purchase more on March 27, 2020. That is the first time I learn the market and powerful rebound in 3 business days - $5000 dollars return.