Saturday, July 11, 2020

HSE.TO stock: I must learn how to catch the rebound

July 11, 2020

Introduction


It is very tough business to invest on stock market as a shareholder of HSE.TO. It is not rocket science. I have to learn and push myself to time the market to catch the rebound of 3.89% percentage on July 11, 2020.

Case study


I can invest on other big oil stock like OVV, CNQ stock instead of HSE. I have $60,000 dollars cash for me to invest on a short term. I should invest $30,000 dollars in one day on July 11, 2020.


I have loss on July 9 607.50 + 321.60 = over 928 dollars, over 10% loss. 

Rule no 1: invest at least $20,000 or $30,000 dollars when the loss is over 10% in less than 3 business day. Try to catch a rebound over 4% on a stock on TSE. 

July 11, 2020 HSE.TO has over +3.89% rebound. I should expect a lot of stocks having same rebound on July 11, 2020. 

For example, Canadian banks, oil stock, and others. 


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