Tuesday, July 20, 2021

Closed BABA

 Closed BABA, as my defense getting thin again.

Just bought another 10 Tesla, but might sell it soon.

Available funds in IG account is around $4.5k now.

In other words, that is the amount of buffer that will prevent adding of more funds.

Before selling BABA, it was around $2.8k.

Also, BABA seems to not be very liquid.

If I am to do short term trading, maybe I should do it with more volatile stocks.

Then, maybe not again.

But now, it is important to have more buffer.

It is also better for my target of holding $300k dividend shares.

If my IG account crash, I may need to liquidate some of my Singapore holdings.


Profit from BABA trade : S$150

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