Wednesday, September 16, 2020

Think big, think hard: Sept. 16 2020 crude oil 6% rebound

 Sept. 16, 2020

Introduction

I like to do a quick comparison using re-balance, passive investment technique, avoid big loss - cut loss, catch rebound in a few hours. I think that most important is to stay confident, no matter which solution I may choose, later I make changes, I should stay positive, and always there is more than solutions than problems. Stay confident, and stay positive. When market rebounds, it is better to take extra time to think about big, think hard. Try to make biggest bet when market rebound is strong. 

Oil sector return 

I like to check oil and energy sector return on Sept. 16, 2020. 


One idea is to rebalance, I can put together a plan for my portfolio, for example, SU.TO stock 1000 shares, 50%, another 50% cash, if SU.TO continues to go down, then I can buy more SU.TO, and then keep ratio of cash/ SU.TO position market value in the same ratio. 

The second idea is to stop loss early, and then try to catch a rebound in short time. For example, bet on other oil stock like CVE.TO with 8% rebound today, and invest $30,000 - $60,000 to have 5% gains. 

In the long run, if I can purchase 1000 shares of SU.TO in lowest price, then it is best investment for me. But SU.TO stock price may go down another 10 to 20%. It is better for me to catch a rebound if I can. 


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