Feb 2016 Portfolio

End of Feb, we see some mini rally on the stock market and people are saying we are at the bottom already. However, I am still not sure as I see that the down trend is still intact. Oil also made some mini rally which brings some relief to my oil related stocks such as Keppel Corp and Sembcorp. Maybe its time to buy some of them to average down :)

This month I added CMPacific into my portfolio.
CMPacific is a transport infrastructure company in China collecting road tolls in expressway. A rather stable and defensive stock if you asked me. During this bear, it also didnt go down by alot. Just glad to add some into my portfolio.

STI vs my portfolio

My portfolio is still hovering in the negative region :( but good news is that I beat STI at least a consolation prize :)

Period	STI	My Portfolio (Realised)	Verdict
Jan 2016	-20.78%	-15.15%	I win
Feb 2016	-18.98%	-12.11%	I win

Total 22 stocks in portfolio



Dividend
This month I received dividends from Keppel Reit, Sabana Reit and Second Chance.



Checkout my Dividend history

Dividend Stock Tracker
I keep track of good SGX dividend stocks such as 10 years consistent SGX dividend stocks, REITs, Business Trusts, etc with real time information update. Checkout the link below:
Checkout my Dividend Tracker

Successful: Short GBPUSD

On Monday 22/02/16 morning, saw a gap down and GBPUSD is in a long term down trend so decided to short 1 mini lot. Was thinking about doubling it up by shorting 2 mini lot because the hideous gap down does look good like a high probability short trade.

I was also amazed that by reading chart actually gives us the technical advantage to be in the market first before the majority comes in after the news. It was later in the morning, that I saw the news reporting about panic over 'Brexit' causing GBPUSD to dive lower.

Anyway was kinda happy to see that this trade works out well.
Got my biggest win so far: S$412.87

Trading Plan:
1. Trade with the trend
2. Trade when there is a price action reversal with the trend continuation
3. Place SL on previous high/low candle (Limit my loss)
4. No TP. Let market decide when to exit (Let my profit run)

Restarted My Trading Journey Again and Again and Again

End of last year, 28 Dec 2015, I got a poke from SMOL in his article Urgh! I'm so mainstream... seducing me to join 'Jedi' trading warriors because of a very simple and convincing reason 'the Girls prefer traders!'. I already have a wife and 2 daughters. Guess they will love me more :)

Just a little history of my trading experience. I remembered I started trading much earlier when I was twenties and just started work. I was a rather high risk , adventurous, 'nothing to lose' kind of guy who try all kinds of things. I signed up for $3k course from a trainer from Australia, joined Zulutrade to follow signals, learn from my brother who also signed up with a local SG trader. Altogether, 3 failed attempts. What do you expect, I was young then haha. Now still young if compared to a elderly :)

So with my 'never say die' attitude, like a cockroach, I started looking through some of my old haunt such as forex factory and babypips forums looking for the 'holy grail' again.

I ran into some new guy and new information, so I took out $5k and kick start my trading journey again. Hopefully this time round, I can make it as a consistently profitable trader. Well, you never know until you tried. And forget about using demo accounts as you will not bother or care and much more learn from your trading experience if you use demo accounts. Of course, that's my opinion :)

If you are interested in trading and if you asked me again how should you start. Well, do not do what I just did previously. Save that $3k and use it as your trading capital. There's plenty of free information and friendly traders who will teach and discuss charts through videos and blogging. Here's what I recommend to learn from these forums but be careful as some of the members have commercial interest:
www.forexfactory.com
www.babypips.com

Lastly, I highly recommend this SG young chap Rayner Teo:
http://www.tradingwithrayner.com/
Rayner Teo is an independent trader, private equity fund manager, and founder of TradingwithRayner.
He's been voted — the Top 5 most helpful traders on Twitter, with more than 15,000 traders reading his blog every month.

So far I am making good progress with this attempt and will share my successful or failed trade setups so that I can remember and learn from it. More like a AAR (After Action Review). Just hope I can continue blogging about my trading experience, if you find that I slowly, silently disappear into the wilderness. It means that its another failed attempt. Anyway I need to 'limit my losses and let my profits run' and trade at least 100 times to confirm whether the method I am using will make me a consistently profitable trader. Its the same for long term investment, it takes time and learning from experience.

Wish me luck!

Jan 2016 Portfolio

Entering 2016, STI was greeted by a big bang, downwards that is. Yes, the market plunge down deep and managed to recover by a bit near to the month end of Jan 2016. My portfolio was dragged down by at least 5% just by this month alone. It was painful and like watching the market keep going down with no U-turning. Jan is an important month of a year and usually set the tone for the year. Looks like its depressing for the rest of the year.

This month I added ST Engineering into my portfolio.
STE was rather resilient and a defensive stock. I should expect market to go lower abit and hopefully buying into defensive stocks will help cushioned the bearish market. I will continue to buy into the market. This time will be focusing more on the blue chips since its rare for them to be available at the current price level.

STI vs my portfolio

My portfolio is still hovering in the negative region :( but good news is that I beat STI at least a consolation prize :)

Period	STI	My Portfolio (Realised)	Verdict
Jan 2016	-20.78%	-15.15%	I win

Total 21 stocks in portfolio



Dividend
This month I received dividends from Ascendas Reit.



Checkout my Dividend history

Dividend Stock Tracker
I keep track of good SGX dividend stocks such as 10 years consistent SGX dividend stocks, REITs, Business Trusts, etc with real time information update. Checkout the link below:
Checkout my Dividend Tracker