Money management: Stock market is best school to find my weakness - Questrade.com

 Sept. 17, 2020

Introduction

I have to learn how to play safe on stock market, work on my portfolio called Victoria using Questrade.com. 

My big loss starting from Sept. 31, 2020

I did not learn how to stop big loss. I also was afraid when the market is selloff. But it is time for me to learn how to work on money management. 

Money management 

I like to take big risk up to $6000 dollars, all my gains from March 2019 to August 31, 2020. Instead I should push myself to learn how to work on money management, play safe bet on stock market. 

There are so many opportunities for me to invest, I do not have to take so big risk to get my long term investment goals. 

Market is so volatile, and it is hard for me to figure out true value of those stocks - SU.TO, HSE.TO, IMO.TO. 

I could take profit over $600 dollars in one day after I purchased on August 31, 2020. And then there is big loss over $1000, $2000, and until I noticed the loss is over $6000 dollars. I did not choose to stop loss on each position. I was thinking about investing long term. 

Stock purchase: August 31 Canada oil and energy stocks and my purchase

 August 31, 2020

Introduction

It is very hard to purchase at lowest point in the market. So I just took some risk and made purchase this morning. 

TFSA Victoria portfolio

Yahoo finance -> My portfolio -> My holdings: Victoria TFSA GE position

May 27, 2020

Introduction

It is light speed to see GE stock bounced back quickly. I did some analysis before May 15, 2020, and made purchase of 40 share at price $5.52, and I saw the price went up over 10%, so I thought that $5.52 should be bottom, so that I made another 500 shares on May 22, 2020. GE has had time to maintain investor confidence, 28% loss from March 27, 2020 will take 28 years if interest is 1%. I like to write a short report on this position.

GE holdings

Actionable Items

I have to think better to do risk management. If GE stock had more than 28% drop from March 27, 2020, then it is less risk to invest more on May 15, 2020. I should think about investing all cash $11,000 into GE stock, so that I can catch full spread of rebounce and in short time I can benefit over 30% return in two weeks. 

I have to measure the risk, I did choose 40 shares on May 15, and then 500 shares on May 22. I think that in order to fully take advantage of low price in 30 years, it is better for me to investment $10,000 US dollars on May 15, 2020. 

Think about more and look into short term investment, how to manage risk. 

If I made purchase on May 15, 2020 with all cash I had on my Ameritrade.com, $11,000 US dollars, then in less than two week, on May 27, 2020, the return is 32.07%. The return is $3527.70.

I have to have a target to make money. In reality, my return on May 27, 2020 is $508.38, 13.13% from March 27 2020 to May 27, 2020.

Sharesight historial cost report - Victoria TFSA portfolio

May 25, 2020

Introduction

It takes some time for me to figure out how to read Sharesight.com historial cost report. I like to review my report and write down questions on the report.

Historical cost report 

Sharesight performance report - Victoria TFSA portfolio

May 25, 2020

Introduction

It is time for me to monitor the performance of TFSA portfolio again. I like to build good habits to track gains and losses. I like to review my performance report on May 25, 2020.

Sharesight performance report

I have gains $1106.51, and then cash position over $41,000 dollars.

Questrade investment summary - May 21, 2020 unrealized gains $257.06 CAD

May 21, 2020

Introduction

It is such amazing journey as a long term investor from May 2019. I went through the gains over $2000 dollars, losses over $9000 dollars, and now with $200 dollars gains. 

Questrade investment summary

Here is the summary from Questrade.com. 

Victoria TFSA portfolio

Yahoo finance portfolio - Victoria TFSA May 20 2020 - SPX 1.67%

May 20, 2020

Introduction

It is the training I like to have. I like to write a story to describe what is going on related to this coronavirus, Covid-19. Right now the Canada oil stocks are going up quickly, I am so glad to learn the lesson. I miss the chance to go up first 100% return of Canada resource ltd after March 27, 2020.

Case study

Yahoo finance my portfolios - Bring good feeds for my positions

May 4, 2020

Introduction

After more than one hour to add positions for my Key Largo positions and Victoria TFSA positions, I found out that there are so many benefits inside Yahoo finance my portfolio. The news feed is related to positions I have, and also from various good-quality places.

Showcase of my Key Largo portfolio

I will add some content here.

Actionable Items

I should start to use Yahoo finance my portfolio back in 2019 May, instead I just started to use the product feature until May 1, 2020. I should do better research to get best tools in the market.

Right now, I am a long term investor, but somehow I chose not to stay on the course. My SPX 500 ETF and bond are sold most of them, and I am waiting on the sideline.

Bear market is such great time to take some calculated risk and make big profit. But I show more passion with wechat tool to share my VAB.TO bond swings, I should focus on myself and think about selling high and buy low. Now my portofolios was with over $10,000 dollars loss from peak February 2020, now it is close to May 2019 I started.

There are good learning experience for me to learn a few free tools.

Here are highlight:

 1. Yahoo finance - My portfolio
 2. Sharesight.com
 3. Personal capital website

Sharesight - reports help me to track my oil stocks

April 25, 2020

Introduction

It is so interesting for me to learn how I behave under stress in last month. Starting from March 18, 2020, I was so depressed since I worried about my full time job, my Florida rental property, and then stock market hit lowest position in March 18, and I took one sick day to plan a panic sale; after one day off, I changed my plan to stay put, two days rebounce over 10%, I was so happy to see gain of $4000 dollars in my Victoria portfolio. So I decided to purchase Canada oil stocks. It is 29th day to own those stocks. Let me run reports and share the joy to be a happy stock owner.

My performance

It is such great experience for me as a share holder. I like to learn how to be a good investor and then I can retire one day in Canada, and also can explore a small town to live, and own a place to live as well.

Actionable Items

I just could not believe that Questrade.com charges me $5.00 dollar for each purchase of stock. Ameritrade.com has free commission to purchase stocks. I purchased one share of Expedia and a few shares of Airline stocks as well.

I like to hold the stocks as long as I can.

Oil stocks - 29 days share holder

April 25, 2020

Introduction

It is so interesting for me to learn how I behave under stress. I was so depressed since I worried about my full time job, my Florida rental property, and then stock market hit lowest position in March 18, and I took one sick day to plan a panic sale; after one day off, I changed my plan to stay put, two days rebounce 10%, I was so happy to see gain of 4000 dollars in my Victoria portfolio. So I decided to purchase Canada oil stocks.

My performance

It is such great experience for me as a share holder. I like to learn how to be a good investor and then I can retire one day in Canada, and also can explore a small town to live, and own a place to live as well.

Victoria TFSA portfolio - April 22, 2020

April 22, 2020

Introduction

It is an exciting day since S & P 500 index went up 2.8%. I like to figure out how I can realize those gains, since it is hard to make money these days, a lot of layoffs around the world since coronavirus.

20 minutes update

Let me review S & P 500 index first.

Balances

Since I have to prepare the market will test another low in next few months, recently I sold VFV and VAB to keep them in cash.

One of ideas is to time the market buy low and sell high on VAB.TO ETF. I do believe that $50 dollar/ month dividend can not beat price fluctuation if the swing is bigger than $1/ share, my gain can be $1000 dollars since I can purchase 1000 share.

The profit for the day is $670. I am happy even though it is unrealized. I just train my muscle memory one more time, happy for virtual gain.

Make $1500 gain one trade in Victoria portfolio one day

How to understand the unrealized gain in my Victoria portfolio?

Sharesight - holding VAB.TO in Victoria portfolio

April 15, 2020

Introduction

It is important for me to learn when to buy low and sell high. I like to review my VAB.TO position and see if I should sell it 80% to realize the gains before it drops again.

Case study

Here is Sharesight report related to VAB.TO position.

Buy low and sell high

I should think about selling 90% of VAB.TO in next few days, and then purchase back when the price goes down $1.00/ share.

April 16, 2020 8:25 AM

I placed sell order at price $26.86 800 share. Each month there is $50 dividend for 800 share VAB.TO, but I bet that the price 0.25 swing is $200 dollars. VAB.TO will drop price more than 0.25 in a month or two.

I will get back to purchase VAB.TO at lower price. The commission is $10.00 dollars.

Business plan to sell VDU.TO 40 shares in Victoria TFSA portfolio

April 15, 2020

Introduction

It is my quick decision to sell 40 shares VDU etf, so that I can plan to get back in the position with the lower price later on this year.

My positions of VDU.TO

Business plan

I like to buy low and sell high. I will learn more about business, how to do day trading, so that I can read the chart and understand how to spot the opportunity. It is ok for me to time the market right now.

Business plan to sell $9000 VFV.TO in Victoria TFSA portfolio

April 15, 2020

Introduction

It is my decision to sell $9000 dollar VFV.TO etf, and I will get back to the market to purchase VFV.TO again at lower price. But I do like to write down my thought process and analysis.

My VFV positions and trades

My business plan

I like to take chance to buy low and sell high. Based on my trades, I do have 134 shares purchased at price below $69.80. The total difference is around 122 * $2.46 + 12 * $7.92 = $387.84.

I do think like a short term investor, and I like to learn how to read SPX chart, and expect in less than three months, there will be at least once 10% downward swing, so I like to get back in and purchase VFV again.

Here are highlights:

1. My business plan is to get back to purchase VFV.TO when price drops at least 10%;
2. I need to hold some cash and wait to see how market will go next few weeks; 
3. I like to buy low and sell high, and have some profit from market swings;
4. I do think that VFV.TO is much diversified compared to specific stocks;
5. I plan to purchase VAB.TO first, and wait for market going down.
6. I think that it is ok for me to time the market, as long as I am not "buy high sell low". 

Sharesight - How to run historial cost report for Victoria portfolio?

April 14, 2020

Introduction

It is interesting for me to think about how and when to run historical report using Sharesight. I like to push myself to come out some idea how to analyze my portfolio based on SPX index.

Case study 

Let me show SPX history from Feb. 21 to April 14, 2020.

I can easily check balance history and also each position gain/ loss through the report.

Sharesight - All trade report of Victoria portfolio in crisis 2020

April 14, 2020

Introduction

I like to review my performance under this market crisis 2020. I like to spend time to study trade report from March 23 to April 14, 2020.

Feb. 21 2020 to April 14 2020

Sharesight - performance report of Victoria TFSA portfolio

April 14, 2020

Introduction

It is so hard for me as an investor, long term investor to make decision when market swings so hard like last month. I have to determine my emotions, say no to panic sell, and also I need to spot opportunity to buy low and sell high. Specially under market down with more than $4000 dollars/ day, I need to look up performance report provided Sharesight to make decisions. I only fount the application Sharesight in less than one week, my research is too slow to adapt bear market challenges.

Performance report

 

Victoria TFSA portfolio - April 14, 2020

April 14, 2020

Introduction

It is such great news to see SPX went up and it is almost same value as May 2019. I like to document my TFSA portfolio gains today.

SPX 3% increment

Actionable Items

 I will run Sharesight reports called performance report, and get more ideas how to track the performance.