Saturday, 8 December 2018

[weekend review] 2018 w49 >> FOMO entry leads to losses

Thoughts
After a bunch of youtubes and reading on websites, i have managed to implement a simple database. That allows my colleagues to self-help data entry, and then allow boss to self-help self extract criteria info. i believe this will save my team a fair good number of hours.

New Skills
Income Investing: noob level, but started outlining some thoughts
Coding: noob-level
evaluating businesses: noob-level

Transactions
Delong.Exited as sideway trading for so long. price also recently touched trailing SL.

AEM. Exited as it touched my SL. This was a FOMO trade, because the trade plan was made as the market moved (and not before the market moved) . and at the review at the end of the week, the SL should have been at a lower level, so my SL was too tight. (see here)

Fuyu. Entered this as planned (here). Price is currently at a support. so will need to sit tight and see how it pans out.

Holdings
Jardine C&C. consolidating, still alright, lets wait and see how this pans out.

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