Questrade TFSA account: 2021 performance review

#GreedyLesson #StopLoss 

Dec. 29, 2021

Introduction

It is the most important task to conduct a short performance review on my TFSA account on questrade.com. I like to summarize my performance, and my loss is less than $5,000 Canadian dollars, less than 10% up to Dec. 28, 2021. 

My stock gains and loss

I wrote down on a paper on my performance. 

1. Nok stock gain $1407
2. Gte.To $667
3. Rig $600
4. PFE $890
5. BMY $220
6. HON $220
7. SABR $420
8. CMCSA $166
9. DIS (961)
10. AZN $220
11. ARDX $750
12. GRAY (5443)

My gain is around $4490, and my loss from GRAY is (5443). I have to learn from my own experience. How to cut loss early on GRAY stock. 

10 reasons GRAY stock is not good for a beginner

I like to put together 10 reasons GRAY stock is not good for a beginner. 

1. GRAY stock price went down from $30 to $6, and I was attracted to make first purchase.
2. After that, I continued to make purchase to cover my loss. 
3. I did not learn how to cut loss, so that my loss was around $4000 dollars; My investment is more than $5000 dollars. 
4. After a few months, there was a short squeeze. The position went up more than $5000 dollars in one day; I did not sell with $1000 gain, I wanted more. 
5. After that, I held the position with $5000 dollars loss, and hopefully I will not miss any short squeeze. 
6. The stock price went up around $4.3 and went down $3.00 dollars. I got emotionally attached to the stock, especially after I spent hours studying AMD disease, eye disease, my late mom's eye problem in her late 50s. 
7. I did not review my portfolio since too many positions in crash in Nov. 2021, DIS, PSFE, SABR, AAL. All my funds are in equities. 100%. GRAY is a small equity, which is easy to manipulate. 
8. I decided to cut loss at $1.78/ share, I did add 1500 shares at 2.20/ share after drop from $3.0 

There are so many lessons I learned from my own investment. Those are my 10 years savings from Canada. The road is tough for me to invest in by myself, I need to get more educated and learn from my own experience. 

Office 365 Excel | My calculation of loss - 2021 performance TFSA

Follow up 

Oct. 19, 2023

I should cut loss early. I should not invest in any stock like biotech stocks. 

Nov. 10, 2023

Biggest problem is related to GRAY stock (5443). 

1. I should invest GRAY stock at all. It went bankrupt. 

2. The loss is bigger than all other gains in 2021. 

3. I should spend US dollars $5000 to purchase morningstar.com and tipranks.com, but it was not clear that I did not take initiatives to purchase any professional service on equity investment. 

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