Ameritrade.com: Key largo portfolio - my stock purchase learning experience

 August 21, 2020

Introduction

I will never learn so many things if I stay as a passive investor. Since I decided to take the approach to purchase stocks this June 8, 2020, I started to learn that I have to start from basic things, make mistakes and learn the lesson. 

August 21, 2020

I should take time to put INTC and WDC stocks in my watch list, after the earning day big losses, I should time the market, and delay my purchase until there are more than 5% losses. I should practice delay my gratification of purchase. So I can understand the value of cash, and really think about buying those great companies like Intel and West Digit. 

Now the loss of INTC is 5.30%, and loss of WDC is 9.8%. Also I have to study competitors of WDC, and then build my knowledge of semi-conduct business. 

SABR stock

I love to play with stocks, but I should consider value of a dollar, and spend time wisely to learn things, specially control my emotions as an investor. 

Bank stock - CIT bank stock

Enbl stock - Hold the stock until it rebounds fully

I have to learn how to control my worries. It is such a good investment with over 10% dividend. That shows confidence from the company, although the stock price was manipulated when I held them over two months. 

I did save cost to sell and buy back when price was lower. The time I spent to work on the position, and my worry about market value does not make sense after all those two months. 

I sold 800 shares in one time, I did not know the day was earning day of ENBL, the price went up; I was so excited to sell my over $30,000 Canadian dollar oil stocks, I did not find the news about ENBL. After my sale of 800 shares, each share went up $1.00 US dollars in less than 2 business days. 

As a beginner, I have to respect the market; it is tough to watch the price went down. But it does not matter if I do not sell. I have to train myself to think better on this market value. 

Hold a good business and being a good partner. I learn the lesson to be patient, specially when I plan to sell all those shares.