Questrade TFSA account: 2021 performance review

#GreedyLesson #StopLoss #SwingTrade #PositionSize #RiskToReward #DrawDown #BigDrawDown #BigLoss #EmotionControl #RiskManagement #Leader #Trend #BuyDip #ValueInvesting #RSRating

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. 

#TFSA #Investor #Gambler #Investor #BadHabits #Lessons #TFSA2021 #MarketResearch #InvestingBooks

Gray stock: My lessons | How to perform better in short squeeze? | Gray stock case study

 June 16, 2021

Introduction

I like to write down something to help me to trade better on gray stock. I did not do anything and then gray stock went up from 4.5 to 8.5, and then went down $5.1. 

Lessons learned

It is tough for me to learn economy real situation and pandemic job market. I spent one hour to attend HackerX event yesterday after work, I knew that it is tough for so many progammers to find a job. 

So it is important to keep learning on stock market, and work better with others on investing. 

Here are highlights:

1. My friend on wechat told me that Gray stock went up; 
2. I also  noticed the short squeeze when it started; 
3. My friend shared with me she sold 300 shares of GRAY stock at $6.9;
4. I watched the gray stock went up $8.5;
5. I sent three messages to three wechat group - is it a short squeeze - gray stock. 

Now look at the chat:

Yahoo -> Finance -> Portfolio, Gray position

1. Learn how to determine it is top; if I could not figure out, then I should sell 50% of shares of GRAY at 8.5/ share;
2. Next day Gray stock may continue to be squeezed, but I should set stop loss, so that I can sell 100% shares around 5.7/ share;
3. Take risk to lose all $9000 dollars to learn how to invest this risky biotech stock, stay on track;
4. Take 30 minutes to write down a blog to learn how to deal with depressed feeling after my technical mistakes. 
5. Share with others. Important is to copy others and do not overthink. 

Follow up 

June 16, 2021

I should have purchased 1000 to 3000 shares of GRAY stocks when the price went down around $3.6/ share instead of 100 shares. 

It is risky to work on TFSA account since there is loss around $3000 dollars. I should take more risk since NOK stock had 30% gains with 3500 shares position. 

Follow up 

June 16, 2023

I can tell that I was in wrong direction to be a good investor. 

I can tell a few things wrong in my thinking back on July 16, 2021. 

1. I chose not to be a long term investor back in 2021. Bet on price flunctuation!
2. I should read more carefully about my writings - Take risk to lose all $9000 dollars! This is so dangerous thinking. 
3. Too much risk to work on GRAY stock back in 2021. 
4. I searched finviz.com and then found this biotech stock. My selection criteria were wrong. 

Follow up

Oct. 19, 2023

I subscribed morningstar.com, and I should not invest any stock not listed on morningstar.com, any stock without rating. 

GRAY stock is a zero-income stock, and nothing inside the company. It is the company which have no value. 

Follow up 

Feb. 23, 2024

I read the articles related to Jim Paul - How I lose millions of dollars?, and I started to learn how to protect my capital. 

Follow up 

July 2 2025 

#YahooFinance #TransactionLog #Learning #Trading #NeedLearnTradeRules #RiskManagment 

Compared to rules followed by Mark Minervinie, how many rules I broke in 2021. 

Good thing is that I documented my experience in 2021, and I have chance to learn that in 2025 so many mistakes in 2021. 

My trades of GRAY stock have so many issues in 2021: No stop loss, 8% maximum loss, do not add position on a down position, do not revenge trading, and learn how to control emotions, one way is to read trade books first or attend IBD live and then understand market and myself better.