Initiated small China position

I have been wanting to invest in China.

Fearful of them as I live in SEA.

Investing in them helps to alleviate the fear.

When we cannot beat them, join them.
I had an opportunity to buy when they were much cheaper, but did not.

So I initiate a small position today.

Their ETF dipped 3%, and is at a support zone and also fell to 20 SMA.

Their PE ratio is still good at 17%.

The recent for the dip should be due to the news that the government is monitor their big techs now, as they have too much influence in its citizens.

Next level to accumulate will be at $70.

CFD interest rate

 I am unsure how much is the interest rate of CFD, as it is not very clear.

Share financing is around 3%, which is quite clearly stated.

So I did a rough estimation.

From the daily emails they send, I pay around S$3.70 a day including currency conversion fee.

Multiply that by 365, I pay $1,351 a year.

My total position is around S$49,000.

So interest rate is around 2.7%.

Bought Salesforce

 Salesforce dipped around 8% today.

Might be due to the news that Britain has approved the use of vaccine, and it can be used to treat people next week.

I always use Tableau, and it is a important skill to me.

My work efficiency increased many times, and also people in the company values people with that skill.

I used to own Tableau shares, and when Salesforce bought over it, I sold it.

Because of the valuation.

But my mind set has changed regarding valuation, especially for disrupting companies.

I bought it at $222, and will buy again if it dips to $200.

At least I am buying a company that I am familiar with the product.

And I believe it can take over Microsoft Excel, in terms of market share.

Excel is still useful, but more people will find Tableau more useful. But I still need Excel in my current work.

And recently Salesforce released the news that they bought Slack.

Not very sure about that software, though I have heard of it.

And few months ago, they bought Zoom, which I use it at work too.

For this purchase, it is not close to any support line.

So I used moving average to understand entry points.

Current price is at 150 MA.

Next Entry price will be at 200 MA, which is $200.

Last chance to buy Tesla?

Recently stock market has been raging upwards.

It is the moment I have been waiting for, for so long..

Trump was actually quite spot on.

He mentioned around early November we could get a vaccine.

And that was a mental timeline I had.

Even though there is still no distribution of vaccine, there were great announcements.

2 USA vaccines announced their products are 90% effective.

Anyway, back to Tesla.

It was just included in SNP500.

It might be the last chance I can buy it around this level.

Even though Chicken Genius video has given me a desire to purchase now, I should stick to my methods.

Maybe wait for it to go close to the lower trendline.

I hope to get another 10 more, so that I have a total of 80, a nice number.

But if I don't manage to add anymore, I am also contented with the shares that I have.

Not committing is also good for me to have buffer, even though my funds are up by quite a lot.

But I have already risked quite a lot, and I am happy with the shares that I have now.

Closed Revolve

 

Closed out my revolve position just now.

Only had USD$36 profit. 

It should be less than that when deducting the cost of 2 transaction fees.

Main reason for closing is to boost available funds.

Before closing, Available funds was at SG$60.

Now it is $652. Not really sure how that works.

But I read before that if you set a Stop Loss, you will have more available funds.

If your available funds becomes negative, they will give you some warnings and eventually sell your shares.

Maybe I should explore setting stop loss for my shares, at a price which I think it is highly unlikely to reach.

That way, I will be able to see how much the available funds change.

Another thing that I thought of just now. There should be less regrets selling shares now, as it will be a volatile period until the US election result is confirmed. 

Which might be the end of next week.

There are fears that Trump will dispute the result if he loses, and the nation can plunge into chaos.

Scared of China

 I am scared of China

Their might, capability and their aggression.

One of my favourite way to allay the fear is to join them.

And investing in them is a good way.

But maybe not at the moment.

Maybe when price slid to the next support zone.

I am talking about ishares China ETF.

The share components look like those companies that I am fearful of.

Dominating and disrupting many businesses.

Below is their top components.

Currently the PE ratio is also not bad, at 16.

But being me, I always like to buy things at a discount.

So maybe nibble some at the next support around $65.

S$100 mistake

$100 down the basin, just like that.

calculated my position wrongly.

the $600 I saw when I placed 100 order is the margin requirement.

Did not do a simple calculation when buying ($18 x 100 = US$1.8k)

I think I was too tempted by the price drop and good valuation of the stock.

O well, life goes on, and a not too expensive lesson.

US$1.8k is larger than I would like to own

But it is still affordable for me. And 100 is a sweet number.

It is money that I have available and can just purchase it on TD Ameritrade.

But buying in IG allows me to use leverage, and use the money if there are other emergencies.

Bought another 100 Revolve

 Just bought another 100 at $18.07, so I have 200 now.

Only having 100 is a bit insignificant, having 200 at least it is over $1k SGD.

And was watching Cramer, when his video was 1 year ago.

He said it was expensive then, and if it drops below $30, you can buy.

Currently the PS ratio is 2+, and PE is less than 40.

Looking at this stock, I find it more interesting than Lemonade.

Bought Revolve

 

Spent a small amount of money today to own some shares of this tech company.

Did not manage to go very deep into it, but heard of it from Matthew Huo and Jeremy.

Will be researching more about it after I made the purchase.

Got just 100 of it, spending around SGD 600+.

I has been bouncing away from SMA, and now is the exact moment it is at the 50 SMA.

Bought 10 Tesla

 

Bought 10 Tesla (using IG), there is support at 50 SMA.

The next support is around 280

Closed DBS positions

Closed 1000 DBS shares in IG account

Mainly is due them forcing to sell shares

if the available is negative

they had already sold my lemonade and Goog shares

Now my available funds is 2k+

I can take my time to rethink the market agains

currently there are some fears facing the economy

and the real impact is starting to be more apparent

my target is to own 5k worth of DBS shares

currently what I have is 4.5k, including the IG account

I am also looking forward to buy 50 lemonade shares using my TD ameritrade acct

Looking at the chart, I guess I also sold at a good area

which is on the 20 MA line

Lemonade goes down

Lemonade has gone down quite massively
Might be due to Goldman Sachs giving it a price target of $40
saying that the valuation doesn't add up
Glad that I stopped adding since owning 30 of it
maybe I will buy another 20 if it goes close to $50
also have to preserve cash
owning 30 shares of it is the cash I am able to pay for
but it is also cash for share financing buffer.

Lemonade update

Lucky to buy it yesterday at $78
seems like price bounced off from there
now the consolidation pattern is even clearer

Another Lemonade

Happy to buy another 10 Lemonade
set the price at 78, before the lower band of consolidation pattern
Will be looking for the next price to enter again
maybe when it breaks out of the consolidation funnel
the next support zone is around 73

Bought lemonade again

Bought 10 at $86
Nice number
But the price came down to $84+
I am now watching more youtube videos on this company
seems quite interesting
like the part the founder talks about the complexity of insurance policy
and wants to make it easy
well that is real disruption

I will be using longer time charts from now on
maybe hourly
Bought this 10 shares as I felt having 10 is not that significant
now that I got 20, I feel more fed
and can afford to let price drop
if it goes up, at least I got 20

Chicken Genuis recommends

to me this is a big announcement made by the youtuber

he sold his illumina shares to buy this

he mentioned this company is disruptive

and can damage Warren Buffet ( as he owns traditional insurance company)

I am actually betting on the reputation of this youtuber

he has done well

and he does not recommend many shares

and the company looks nice and neat

well, i wanted to buy more 

but could not

was waiting for it to bounce off SMA 100

only managed to buy 10 shares

but at the same time, i should not be rush about it

anyway it is buying because someone recommends

and the Covid situation still can cause turbulence anytime.

and not forgetting the fact that I have borrowed money

Just be happy that 10 shares is a nice number of shares to own.

that aside, I am using Adam Khoo's way of visualizing
using a few levels of SMA
forming 5 parallel lines that clearly shows an uptrend
it is a easy way to know when to buy
when price dips to certain SMA, for example 100
then it is an opportunity to buy

1 more Capitaland

Do not buy it frequently
Today went to relook at it
and bought it at 2.86.
reason the price dipped was because they just paid dividend
they only pay once a year

they have a new CEO
with degree in Engineering
financial result is good for past 3 years
both revenue and net profit rising
dividend yield is around 4%
bought 1k of it
to make it total 3k, a more desirable number to own.

still like their business strategy
50% in Singapore, 50% in SEA and others.
Good quality blue chip to hold

Bought 2k AIMS

Bought another 2k shares of AIMS
Did this after seeing many shares surging
and AIMs did not really follow
Price was 1.23
and using dividend of 10 cents
it is 8% dividend yield
just a small purchase
in case all prices keep going up

now both my OCBC and POEMs share financing have around $10k debt each
and each have 1000 shares of DBS
and they can withstand around a further 50% drop in the market.
I will be pumping $20k worth of shares into POEMs again
in case the market suffer another big plunge

Mental Overview

During these few exciting months
after many evening walks
calming my mind and thinking about investments
I made some mental targets
that if I have 230k of investments
before the full price recovery
I should be able to hit 300k before age 40 with a combination of recovery and growth
300k is decent, considering my target is to hit 500k by 45 yo
so now I would like to do some mental estimation
to see where I am at

ocbc share financing - 30k
poems share financing - 30k
cdp - 50k
dbs share financing - 60k
IG CFD - 40k

so total is 210k,
which is pretty good
I should not force or rush the target of 230k
even if it means that the market recovers and I do not buy again
some distance away from the target can act as a buffer
in case the market has a bad crash again.
If there is no chance to buy again, I should be happy and contented with what I bought

having some buffer is good
it is like still having bullets
to eat some if the market plunge further again

More capitamall

Bought more Capitamall today using Peoms share financing
Bought it at $2 per share, 4000 units
Total units now is 12,000 units
Aiming for 15k or 20k units
If price goes down more
The next support zone is around 1.85 (using monthly candles)

Most likely will be transferring more shares into Peoms account
Make better use of those dormant shares in my CDP
But also have to ensure that I do not be overly-aggressive
and lost everything if there is a crazy crash
I am hoping the share financing will be able to withstand a crash of 50-60%

Thinking about Capitamall now

Bought 1000 shares today
to make it a nice number of 8000 shares.
Buy when it is on a dip
and it is approaching the support of 1.9

I was thinking of shifting my focus on Capitamall
Instead of accumulating DBS
recently, there were many topics about the new digital banking license
and I feel that I have shown enough love for DBS for now
depending on whether the markets continue to dip
if it is low enough, I might start going aggressive on CMT
it is similar to DBS, just that DBS price is 10 times more
DBS is now around $20, and capitamall is around $2

Bought HK land

Decided to buy HK land
now I have 2k worth of their shares
decided mainly because I think it is not likely US and China will split the world into 2.
For all the rhetoric, they will sit down on a table and work something out in the end.
Even if the worst does happen, at least there is still strong revenue from China and SEA.

HK land current valuation is also very good
PB ratio at 0.25, dividend yield at around 5%.
Very good debt ratio of less than 10%.
Dividend payout ratio is also around Capitaland, which is 30%.
Also they recently purchased a very big prime plot of land in Shanghai
So their properties now are equally diversified between SEA, HK and China.

I bought it with DBS share financing.
It might be less conversative than I wanted.
But hopefully my other shares arrive into the account quicker.
maybe I will top up some cash in the coming months.
If my calculation is not wrong, I can survive a 30% dip, but not a 50% one.
That is valuation about 1 mth ago.
Hopefully I can get it to around 50%.

Hong Kong Land thoughts

Have been researching on Hong Kong Land for these few days
Wanting to have more of it, but might not
USA removing the special status of Hong Kong will have an impact
Many are saying that USA will not, as it will damage them financially too
but US may want the world to decouple from China
And naturally Hong Kong will also be ignored
and would not mind letting it go into ruination
With China acting strong now, and US being aggressive since Trump
Things might just go that way
US will not mind having some economic damages
If both nations are acting tough, HK will just suffer.

But then again, the leader of China is XJP, not those wolf warriors
at the end of the day, he will use his clear mind to strategize and negotiate
So maybe I can still invest in HKL, by having faith in XJP

DBS has moved

Was very lucky, accumulated the number of DBS shares I wanted with CFD
which is 2k of shares. And with that, I have a total of 5000 DBS shares
I just need to pay of this 2k of DBS shares off
which is around 40k
But it is better to invest early than to invest on dips

Was apprehensive at first
after listening to a youtube channel that mentioned about Wedge price action
and the chart is showing a bearish wedge pattern
the resistance is at $20
and the lows have been increasing upwards
the logic is that the resistant is very strong at 20
when it is closer to the sharp point, it will collapse
Lucky I did not strictly adhere to the logic and bought with fundamental thinking
and also knowing that price below 20 is a very good price

I am also looking at Hong Kong Land now
still not really decided on it
the DBS shares is not a done deal, and hopefully it continue upwards with strength

Another 1k DBS

Bought another 1k of DBS CFD
Price is at $19.68
Which I think it fair considering the long term
I am more afraid of the share suddenly surging
and breaking the resistance line at $20.
now I can only hope that it does not go to $17.5
if not, I will lose $4k SGD

Some thoughts about why I bought
US banks have rallied, and Singapore banks may follow soon
SnP 500 do not look like slowing down
and broke another resistant zone recently.
Singapore REITs surged last Friday
and I was afraid they will turn attention to bank stocks soon
as DBS price below $20 is really very good

New discovery to hedge

Just realized that I can hedge
cause I wanted to buy DBS shares
With share financing
But both Poems and OCBC are taking very long to open account
The way to hedge it to take a position with CFD
using my IG account, which was there all along
It really eases the anxiety,
when I am not sure when I can get my new accounts
and also fearful that the share price will go up
currently, DBS shares is below 20
it is a great price, as it has dividend yield more than 6%
and that is based on the old dividends
moving forwards, dividends may increase to 1.33
which will bring dividend yield to 7.3%

Later in the day, Singapore government will announce another stimulus package
Called Fortitude
Not sure how much will it cause DBS to rise
I am hoping to buy another 1000 DBS shares on CFD
as I hope to own 5k DBS shares coming out of the crisis.
Coincidentally, today is supposed to be the day we receive DBS dividends
Hopefully I am getting 2k if I am not wrong
Once I see it in my account, I might pump that money into IG again
and buy the other 1000 DBS CFD

Also did some stress testing on the CFD positions
The 1000 DBS shares that I buy,
if it falls to $18, it will incur a loss of $1400.
And good thing is it will not be margin called yet.
Maybe it is a good thing that I only have limited funds in IG account
It can be an auto stop loss
But to me, it may not be very likely
The price seems quite stable now
The SNP 500 is starting to breaking the resistance zone of 2975

So what does this have to do with the share financing account?
When the share financing account is set up, I will buy 500 shares each in Poems and OCBC
and every time I buy 500 shares, I will sell 500 shares in IG
So in a way, I am using the CFD positions as a hedge in case the price rise in future.

Nibbled Cromwell Reit

Its frustrating waiting for my share financing account
with Poems and OCBC
Using them because I want to use DBS shares as a collateral
and buy more DBS shares
To make myself feel a bit better
I bought a bit of Cromwell
After reading their Q1 report
Looks good

I think this is a first time I describe my purchase as nibble
only spent around 2k SGD
and it is done using share financing with DBS
will transfer 4k more worth of shares into that account

when times are good like now
when things are on discount
it is good to buy periodically
maybe fortnightly.

Mental stress test

Went to OCBC bank today
To open securities account
and also tried signing up for Peoms
Both for share financing
Peoms is surprisingly easy to sign up
but i had fear about put my biggest counter outside of CDP
but thought that it is a gd idea to put 1k shares in each for collateral
hopefully by the time they are set up, DBS is still at a good price

also did some mental stress test
and realization
that my DBS share financing account
should hold on about purchasing more shares
wanted to buy 500 OCBC today
as they have a lower non-interest income
which will not be affected so much by interest rate cut

so the calculation of the stress test
i injected 23k worth of shares into the dbs share financing
i bought 15k shares (capitamall, Cromwell, Aims)
but 5k (cromwell) is not marginable
the main thing is you have to imagine when shares fall 50%
less likely especially now that shares have already fallen 20%
but peace of mind is more important

so 23k + 10k = 33k (total asset value)
33k /  = 16.5k (another crisis hit, 50% drop)
16.5k / 15k = 110%, which is lower than 140%
and will trigger a margin call

I need 21k as the nominator, which is 4.5k extra
but it can be solved by adding cash funds
50% drop is unlikely at this moment
but it is always good to prepare mentally

Bought Cromwell last min

Bought 5000 of cromwell today

always wanted to have 20k of it

nicer rounded number

also thought that it is still more discounted

compared to the rest

at price 0.4, before the crisis was around 5.5

which is around 27% discount. 1.5/5.5

many other shares rose today, their discount is around 17%-20%.

also remembered why i bought cromwell previously

the debt to asset ratio is good around 33%

its growth is very good

but i felt people didnt take notice because the results were announce during the crisis

also like the idea of european properties

their space is more limited compared to US or China

they are also printing more money to support the economy

their properties are freehold

and the idea of having a piece of europe properties is nice, as it is a beautiful place.

Panic last night again

Similar feeling as previous Sunday
Was eager to buy more shares
same lots as I bought on Monday
Capitamall and Aims
Got them at 1.75 and 1.16 respectively
Was glad I bought, Capitamall rose to 1.8
I wanted to buy more as I saw that US market keeps raging upwards

Singapore market seems to be lagging behind
so there are still opportunities to buy

Also saw the DBS share financing example (below)

even if dividend of 6% is considered decent
so even if capitamall div yield drop to around 6.8%, it is still nice
and also grew some liking for Capitamall
many of the malls I felt happy going
Like Junction 8, Tampines Mall
they are heartland malls the footfall is good
I am happy that I have a piece of it,
and feels good everytime I visit them.
hopefully I can manage to get more
currently I have 7000 of it in the share financing account

also thought about it today
that instead of borrowing more personal loan
I should just use my share financing account instead
I wanted to use more personal loan initially,
as the share financing account is unable to buy dbs shares
but I can just get uob or ocbc
also a good way to diversify
I already have 3000 DBS, a nice number
the interest rate is also better, at 3%.
personal loan is 10% or more
if there is margin call needed
I will just take up personal loan to buffer

Panic over Sunday

Managed to get Capitamall and Aims shares
Was a little nervous yesterday, and had less sleep than usual
But this morning managed to buy what I wanted
Surprisingly, I could place order around 2 mins before the market opens
throughout the day, most of the shares rise
not sure if I have other opportunities to buy again
But might buy even when they are rising
I have a target to have 150k worth of shares before the market recovers
and when it recovers, there is a good chance for them to become 200k
a very decent milestone for me
for now, I have around 35k more to invest if I am aiming for 150k.
and these are on borrowed funds
carefully
but this is a very rare opportunity
so I am also worried about not having a job
but I need to take this chance
and if I need to work, I might do work as a food deliverer

Share financing is here

Want to buy 2k of Aims Apac and Capitamall each
Is uneasy as I am not able to place trades now
Payment with Share Financing cannot place trade when market is not opened
Target price for Aims is 1.18, and 1.73 for Capitamall
The Capitamall price will still give me 7% dividends
If the purchase is successful, I will have 5k of Capitamall, and 8k of Aims.
Total spending will be around 5k.
I have to leave some space for future trades.

Not sticking to rules, but to goal

just bought another 300 DBS @ $20
quite unlike me, as it was going upwards
but I was keeping my eyes at my goal
of buying more investments now
I thought that
the good value is $25
and even at $20, it is even better
I was thinking of getting 500 shares initially
but found a compromise to buy less, 300 of it
if it goes down, I will add on more
why did I wanted 500 at first?
so that it is a nicer number
which is 2.5k DBS shares

also bought 1 Goog using IG today
not really sure about it
but I also wanted it to be long time
to own 8 Goog shares
currently I only have 5 in TD account
only can afford to get 1 in IG account

Milestone Hope

Hoping to be about to touch a new milestone for me
which is SGD $100k in Singapore shares
bought 300 DBS and 3000 capitamall yesterday
was glad I bought it
as stocks went up around 7% today
don't know about the future
it might go back down
but currently I am more afraid of not being able to buy
than the stocks crashing again
but the words from Adam Khoo is very logical to me
the markets is rigged to be bullish (QE, interest rate, etc)

there is another chance to buy
which coincides when i get my bonus
which is around 12 Apr
if I spend another 10k
then it will be around $100k of Singapore shares
I take a long term view
whatever happens to the stock market
i am still buying during a time when shares are cheap
DBS is valued good around 25 to be
even if I get it at 20, it is still good

Adjusted Capitamall

anyway I saw the pre-market rising
I changed it to 1.6
Usually I also try to set the price at a lucky number
like 18

now the prob is whether I will be able to get the shares

Decision time

had been thinking for a few days
should i place order this weekend
for 2 shares

many factors spurring the thought
one strong one was watching Adam Khoo video
about the market bottoming
"the market is rigged to rise"
QE printing, and other government supports

also kept seeing quite a lot of good news
possibility of vaccine soon
today Singapore gov announcing 3rd package
Europe curve is flattening, and possibility of partial opening of lockdown

also if I place order now
even if the market is down
because it is a limit order
I will still get it at the best price
I have the advantage as I set it at a high price
I get the best of both worlds
low price I get, if rise, I also get it
just that the prob is, how high I want to set

another factor was also a calculation I did
if I get it at the price I want to enter
I get it at SGD $400 cheaper.
but the thing is, is the $400 that big?
especially when the crisis is over
$400 is really nothing that much

so what are my orders?
300 of DBS @ $18
3000 of Capitamall @ $1.55

the 2nd order, I am still pondering if I should put it at 1.58 or 1.6

I still have 40 mins to meditate on it before market opens

Simi is stochastic

Williams R mentioned in the previous post is similar to stochastic
The link below is a good video to exmplain

https://www.youtube.com/watch?v=SrCENnDVHRk

The formula is below

Adam Khoo release

He released a new video

https://www.youtube.com/watch?v=zf26u-2I1yE

very interesting and scientific
made me want to panic buy now

he used 2 indicators
ATR and Williams R
ATR has to be more than 80%, Williams R below 80%
When stocks crash, the range is always wide
ATR 80% means range is wide
Williams R shows when shares oversold
Below 80% means oversold

when these 2 coincides, we are close to bottom
remember stock market is always leading indicator
it is not the economy
usually stock market becomes bullish 6-9 mths before the economy recovers

This is the current situation above

I am thinking of adding DBS @ 18, and Capitamall @ around 1.55

Bye China shares

Sold the remaining BABA and TCHEY shares
part of the reason was because they did not dip as much as the American shares
Managed to get 4.3k USD from it
and add it to boost my war chest
another reason was also because
of reading some blogger liquidating US shares during this rally upwards
also seem like many stock veterans are still not going all in yet
so i might as well increase my war chest
in case they are right
this Great Singapore shares sale might be once in a decade
so it is better to be more prepared for it
my next move, if it comes
will be to get DBS at around the previous level that I got it
around 17, or even lower
because it might be a support zone
it might bounce back up and never come back again
so i might as well get 300 more, and I will have total 2000 dbs shares
take it as using these China shares to exchange for DBS @ $17
then the next level for dbs is around 13, and I am aiming for 500 of it
also applied for DBS share financing today
which I cannot use it to buy DBS
so that share financing will be used for buying other shares
like AIMS, Cromwell, First, etc.

I do not have alot of money
but there was a nice saying I learnt
while watching Chicken Genius youtube channel
he mentioned that Anthony Robbins said this before
it is not that you don't have resources,
it is just that you don't have the resourcefulness

my need to get money for this once in a decade chance has made me consider many options
share financing, borrowing from my wife and my joint account, personal loans, liquidating US shares, etc
all because I think about having passive income from shares on my bed every night.

Bought Cromwell and DBS

Bought cromwell and dbs not at the price i want
but i should learn not to do that
if the price is close, it is good enough.
i wanted dbs at 16.8, bought at 17.03
wanted cromwell at 0.28, bought at 0.3
i was feeling alot of frustration and anxiety
it was not worth it.
for the price i got them, it costed around $200.
this is small money

below are target price of next wave purchase

dbs around 12-13, 500 shares
cromwell around 0.2, 5k shares
capitaland around 2
first reits around 0.5 (which is now)
aimsapac around 0.7-0.8
hongkong land around 3
capitamall around 1.2-1.3

Plans

Couldn't really sleep
Was thinking of the stock market
Hope the week will be lower
Some thoughts about how I can buy

Dbs around 16.5, buy 300, ard $5k
Dbs ard 12-13, buy
Aims ard 0.8, buy
First REIT,  and 0.37, buy
Cromwell ard 0.28, buy

Frustration and new logic

Frustrating day for me

my funds at TD ameritrade keep having issues to withdraw

went down to their office

hopefully I can get it early next week

reluctantly borrowed funds from my joint account with wife

will return it once the td funds come in.

was also unsure how to buy

as price dropped very fast

but came up with an idea

using google small graph in the share

look at the 5 year chart, and their recent price

understand where is their price when it is halved from the average

and enter when it is around that range

for aims, the avg was around 1.4, so should enter more when it is around 0.7

for cromwell, it is around 0.25 when halved, so currently is around the price to buy more (0.28)

for dbs, half is around 25/2 which is 12.5. But I think I will buy 200 first before more at around 12.5

Sold remaining Apple

Just sold remaining 3 Apple shares
Was thinking when brushing teeth
That I still had some expenses
2k of credit card bill
1k to pay in Apr for condo payment
Remaining 10% to pay for condo Reno
Which is around 1k

Looking at hourly candle sticks
Apple is also bouncing up towards the 50 sma line
So I'm bearish trend, it should come down
I also did not lose money on Apple
As I bought it cheaply
If this market crash is one chance in 10 years
I better make better use of it
By grabbing whatever funds I can get
Also, I do not like Apple anymore, after the trouble they caused me when transferring USA photos

Not looking to sell China shares
The only one that I think I might release some funds might be Facebook,
If the markets suddenly have a short rally

Very bloody

Too bad did not managed to sell more US shares
Wrote about selling strategy few blogs ago
But well, life is like that
I am contented that I liquidated quite a few when the markets are bloated
Had been on shopping spree past weeks
Some DBS, and 10k of Cromwell
Like what was mentioned in the previous post
Hope this beautiful bear is just starting
Many experts say it may last 1 year
And the worst is not here yet
I still have bullets from different source
Looking forward to eating more
below are some prices I am looking forward to

DBS around 17 per share
Aims apac around 1.05 per share

Some others are HK land, Cromwell, capitaland
not limited to these
there are Sales sign hanging everywhere

Beautiful Bear

Not sure how this beautiful bear run can last
I am eyeing more DBS shares

maybe 2 more around 22
another 2 more also around 22
then 2 more at 17 (2013 support, Daily candles)
and another 2 more around 15 (2011 and 2012 support, Daily candles)

Heart DBS

Bought DBS 2 times recently
One at around 25, another at around 24
Love this stock, the PE is around 10 now
and also div yield around 5%
which is so good compared to REITS
that those quality ones are below 5%
will try to hold my bullets and wait for the price to hover near 20

I bought because this might be a small opportunity of window
if the corona virus clears, it might go back up again
and also, if I do not add periodically, I may not have a sizable amount of share

Army and re-evaluation

Past week was at in camp training
It will be quite sad as it will be the last time
People that you knew during the past 13 years will not be obligated to meet again
Learnt a lot from the people and my time there
Realized that almost all of them do not invest
Even though they like the idea
But mainly it was because they did not have the interest
to understand companies and investing
I felt that I am quite fortunate
I had the interest, and had less obligations, and also had some prudence
many also had to support their parents

was also looking at my portfolio
and trying to find some direction
I took the top down approach

My account had expanded, from the time I invested 40k SGD into the account
Today it is worth 46k USD
During this time of expansion, I thought that I should have around 20k USD of cash
To feed my warchest
Currently my cash is around 14k USD (below)
So I need around to liquidated around 6k USD of shares

The next step will be to look at the breakdown of my portfolio.
Which of the shares do I want to reduce or sell off?
Some of the consideration include :
Are they around the highest resistance zone?
And which are the stocks I really love and want to hold some of it?
What is their PE?
Proportion of value in portfolio

Amazon is a stay, as I only have 1 of it.
Their blue origin business also looks nice, even though it looks like a penis.
Philosophy is clear and simple too.
But it might not be part of the company

Selling of shares is not an easy question to answer
But it should be asked,
as this account should serve a bigger picture
to deflate the account when it is on the high
if not, when the market slides, it will be late
better to deflate a portion of it first

after some pondering about which holdings to reduce or sell
firstly is Apple, all 3 of them
starting to dislike them
and they do not seem to have very huge innovation
and they have been on a rally for quite long
reaching PE of 25

Also might sell another 2 Tesla
and 6 shares of Facebook (PE of 33)
For baba (PE of 25) and Tencent, might want to keep them
to ride on China's rise

Google is my favorite stock, might want to keep all 5
their PE is at 30 now
But if their price rises to another level, might let go of another 1

For Baidu, their revenue and profits are still growing YOY
and they have dropped to around half of what I paid for
Will hold them as selling them will not make much difference in my account

For Zillow, might want to sell 10 of it, as it is now at the highest resistance level

But all these above might not be able to give me 20k of USD cash
But it is good that I set a target of 20k USD
And might make different decisions along the way
More importantly is to have a target.

On another note, found out that one of my platoon mate is making money full-time from Forex trading
Very interesting as I finally know someone that proved that it can work
Might be exploring the idea again

Wah lua Apple, slash half of you

Was using my wife apple phone

feels so bad

I am so much more satisfied with Google

Feels like what apple is doing is only to trap you to buy more of their services

sold 3 out of 6 of the shares

bought at 152, sold at around 324.

the money more than doubled

bought it when PE was 15

now PE is around 25.

Good time to vent my anger, as it forces me to offload during this bull market.

Tesla drop and Zillow sale

Sold 10 shares of Zillow, left 20 more.
It is close to a support zone
Good to load up on cash.
I bought Zillow when it was around 27 USD.
Currently I have 13.7k USD in cash.
It can be part of a war chest for Singapore dividend shares.
Which is for passive income.

Tesla dropped to USD 760 per share currently.
It is good I sold 1 share yesterday.

Another Tesla sold

Just commented yesterday to sell at around 900 USD per share.
Which is after a $200 jump rather than $100 jump.
Sold 1 Tesla share @ $892 just now.

Now I am left with 11 shares.
One interesting video I watched just now is about when to sell.
The video mentions to look at market cap.
So if you think if Tesla will be worth $500 billion soon,
then wait until then to sell some shares.

Currently the market cap is around $163 billion.
Naturally, there should be more resistance when it closes in on $1000 per share.
As it is a nice whole number.

Sold another Tesla

Sold another Tesla share @ around 693 USD.
Now I am left with 12.
Might need to slow down the selling
May decide to sell at 200 intervals
Meaning to sell when it reaches 900 USD per share.

Sold 1 Goog

Sold another Goog today.
Intention was to cash out 1 when it is closer to 1.5k per share.
Now I am left with 5 more.
Tesla has been hopping upwards nowadays.
The next sale will be when it is close to 600 per share.
My total account now is worth around 41k USD.
Interesting time.
First time I am experiencing a bullish run.
Seeing good and green results in US shares frequently.
Enjoying the activities in my USD account.
Keep a balance between converting shares into cash,
and also safe keeping some for value investing.

I am heading to USA this Friday 2 am flight with Qatar.
Should be a good adventure, and hope every goes well.

:)

Sold another Tesla, 14 left

As it is reaching 500, I sold another Tesla.
Stock market is surging again.
My USD account is currently US40k.

But if your account increases, and you do not convert some to cash,
it is not that meaningful as it will go down again.
I have 9.6k USD in cash in the account at the moment.
good to load up on bullets during this bullish party.

Sold 1 Tesla

Was not very certain of selling
But at the same time, I am not unreasonable to sell 1 share.
I still have 15 left.
Next price to watch should be around 500.
And when it reaches 500, it is around price target of analyst.
And if I am still left with many shares then, when do I sell?
So therefore, I decided to let go of 1 today.
Stocks have been surging, and today I have USD 39k in the USD account.
Google was also surging, to close to 1.4k per share.
But because I do not have many shares of it left
around 6 of it,
I might let go of 1 if the price goes close to 1.5k per share.

When to release some Tesla again

In the past, I knew when to sell some shares of Tesla

Or any shares when they are on a bull run

That is to sell some when they hit the resistant line

But now Tesla is entering unprecedented territory

Their share price is on the record high

and currently there is no more plotted resistant lines on the chart

so when do I take some profits?

Initially I was thinking of round numbers

like when reaching USD500 per share

but now, I think I may wait for resistance to form again

which is when the price starts consolidating again

the bulls and bears engaging in a tug-of-war

because when I sell some at 500 per share

it may be a share that has potential to reach 5000

and by that time, I will be left with nothing.

so, let the higher highs (bullish trend) happen,

and start to ponder an action when the price start going sideways