INTC stock: Why I lost over $500 dollars from July 24 to Sept 27, 2020

 Sept. 25, 2020

Introduction

There is another 20 - 30% market pullback in next two months. It is better for me to review my skills to invest on stock market. I like to change topic to "Why I lost over $500 dollars from July 24 to Sept 27, 2020". My original post is the following:

INTC stock: Why I could not make some profit from INTC stock?

 Sept. 27, 2020

Introduction

As an investor, I lost over $600 dollars to purchase and hold on SABR stocks, but compared to SABR, INTC stock is much stronger one with good moat. I still lost more than $500 dollars. As a beginner, I like to write down what lessons I should learn from my experience. What should I do in the next few months as an investor. 

Yahoo finance -> Portfolio

Lessons I should learn 

Here are highlights:

1. I should control the position size. I did purchase 170 shares of INTC on July 24, 2020. But it went down another 10% and lasted more than one month. 
2. More on step1, control on building INTC position, using pyramid strategy for example.
3. After more than one month, the position recovered, and then I sold them with $50 dollar profit;
4. On Sept. 2, 2020, I got in the position with highest price $52.566. 
5. I got brain washed since I read Intel buyback 20 billion stock plan; I purchase too many shares once and too high the price. 
6. On Sept. 8, 2020, I sold low which was too low, $49.23, more than $600 dollars. 
7. I have to control the timing. Do not sell the shares at too low price. Do not panic. 
8. Sept. 2 to Sept. 8, market swings - I need to study pullback and learn basics about pullbacks. 
9. Need to work on planning how to recover loss over months and years. 

Actionable Items

9/27/2020 10:49 PM

Because I do not know how to time the market, I should not purchase more than $3000 dollars for one stock. Usually I will purchase at highest price since I am a beginner; Once I recover loss, I feel relax and then I will purchase a lot. I am an impulsive buyer. 

For example, on Sept. 2, 2020, I purchased 200 shares of INTC stock at highest price in last two months.