Revisiting 6 rights, 2 wrongs a previous post that I have written in year 2016, this is an update 2+ years since.
What do we see?
That I have learnt my lesson!
That I have learnt my lesson!
Now 10 rights, 6 wrong. Overall gain for equity portfolio = 8.09%
It would have been 12 rights have I not sold my YZJ holdings a couple weeks ago (@ $1.25, ugh!) and M1 still on board (took up the offer to release at $2.06).
I have no multi-bagger. My overall gain is modest... so nothing to brag about here. No expert at stock picking.
I relent to the fact that I can only control what I can control, which are position sizing and stop losses.
It would have been 12 rights have I not sold my YZJ holdings a couple weeks ago (@ $1.25, ugh!) and M1 still on board (took up the offer to release at $2.06).
I have no multi-bagger. My overall gain is modest... so nothing to brag about here. No expert at stock picking.
I relent to the fact that I can only control what I can control, which are position sizing and stop losses.
In my early days when I bought stocks via recommendations from some bloggers, they all flopped. That is a painful and valuable lesson. Do your OWN due diligence, don't be lazy!
It is very difficult to build a strong portfolio that can weather the storm. (What we witnessed in December is probably just a small downpour.) It takes one decision at a time, one action at a time, consistency and discipline.
Final note with a quote:
- George Soros
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