March 5, 2021
Introduction
It is hard for me to learn how to invest as an active investor. I did not have chance to make profit on my TFSA $64,000 dollars, but I managed to make some profit so far on my USA Ameritrade.com IRA account.
2021
2020
Actionable Items
I plan to purchase 200 shares of BORR at price of 1.27 the first thing in the morning of next Monday, March 8, 2021. I should train myself to be patient. Keep learning more about BORR as a business. BORR was one of four oil stocks under risk of bankruptcy in 2020.
I also plan to purchase another 300 shares of RIG. I sold at loss as well.
Transactions:
BORR
2/16/2021 1.47 x 200, -294
2/24/2021 1.32 x 200, 263,
Loss $31
BORR price on March 5, 2021 1.26
My equity research
I did not work on vaccine research, and I did not follow the update until the stock market went up so quickly with vaccine news. This part is my research interest. I should put it in highest priority.
Next I spent too much time to speculate the price change. Another thing is to sell the stock with loss. I just could not believe what I did to buy high and sell low.
CRTX stock
I chose to purchase CRTX to purchase, since it went down 38%. And then it took me 8 business day to use less than $3500 capital to make over $500 profit.
It takes time for me to learn value investing. Once I learn the marginal safety, I choose to purchase those to stock with over maximum plunges, and then try to catch a rebound.
The idea to make money
From March 2020 to December 2020, I did purchase at lowest price with good quality stocks. But I did not know how to make money by holding them until March 2021. Just add more shares when the stock price goes down.
Hold a stock until the stock is overbought, if possible more than 100% compared to lowest price in 52 weeks.
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