A tale of two stocks
Athena Trader
by
3y ago
Once in a while say a year or two later, I will be very kaypoh and look at the past stocks that I’ve analysed before just to see how it’s doing. I may or may not have invested or traded in that stock but it just takes one second to click on the link and see the chart. I would have remembered it’s previous price so the current chart can either make me have 3 reactions. Oh chey, it’s the same or not much difference, Wow look at it go to heaven or Wah Kao this one die liao.  For the first reaction I usually just leave the stock be but for the other two reactions, I will go and take a look a ..read more
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Investments of a lifetime
Athena Trader
by
3y ago
We have all invested in something in our lifetimes. It could be stocks, bonds, mutual funds, unit trusts or relationships, friendships, career, hobby or even ourselves. Does it all give us some sort of positive returns? Do we know what we are investing in? We sure know when we act in a certain way due to our vested interests so maybe vaguely subconsciously we know we have invested and would like to see a positive return.  We read charts, oscillators, analyst reports, reviews or speak to people to get an insight on our investments. We have a certain mindset when we invest and our emotions ..read more
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Are you exchanging time for money?
Athena Trader
by
3y ago
Time is the most precious commodity on Earth. Or maybe it should be oxygen because without it we would just die! Assuming that our basic needs are met ensuring our survival, then time is more valuable than money although some may argue that money can be used to buy time. It's true in some situations and not in others. For example, money can help to relieve you of some mundane tasks so that you have more time to do things that you like. But money can't buy you time with your loved ones if their time is up. If you hate your job, you may feel like you are exchanging your time for money especiall ..read more
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Believe in yourself
Athena Trader
by
3y ago
I recently took profit on 2 stocks which I invested in 2 years ago. The reason was because only now are they in the black therefore I quickly cut off ties! I still have a few investments from 2 years back which are still in the red despite dividends so it is frustrating and also shows that I definitely didn't buy at the right time. One of them was CDL which showed a spectacular run which I've no idea why and don't care why as it has been two long years with no dividends I think. However despite all the dividends, I'm still just barely breaking even for Suntec REIT which I also intend to sell ..read more
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Never say never
Athena Trader
by
3y ago
I've learnt to not say never because it seems the more I say never I end up doing it or it ends up happening. It's like the law of attraction...of sorts...the more certain you are about a certain thing..you attract it to you and ta da before you know it, it has occurred!  I saw some dips in REITS which I sold off and now it's at a price level which seems more palatable so I bought some lots two days ago and will look to buy more if the price is right. For the rest of my current SG stocks holdings, they are recovering but I'm not inclined to increase my holdings to average down or whateve ..read more
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Reflections and Resolutions
Athena Trader
by
3y ago
I sold off some of my investments in REITS once they broke even a few months ago and am still on the lookout to sell off more but it is really far from its cost price and with the pittance of dividends, I don't know when I can see the light at the end of the tunnel. Recently their prices have dropped so it was a good move to sell them earlier on.  On the other hand, my trading has improved in the last few months and I'm booking higher profits with no losing trades so that's great news in the sense that I'm slowly but surely getting better. I've yet to fully optimize each trade's profits ..read more
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Christmas is coming
Athena Trader
by
3y ago
I absolutely love Christmas and would love to spend every Christmas and New Year in a different country, to soak in the lights, the atmosphere and the general happiness of it all. That has yet to happen so it's definitely on my bucket list! Last year around this time, I received the best gift of my life and since then Christmas takes on a different meaning for me.  The only awful part of December is the fact that it rains more often than usual which means our dog don't get to walk out much and too much rain does make everything look depressing. But there were a couple of wonderful sunny ..read more
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A year later
Athena Trader
by
3y ago
It has been a year since I started trading as I took a break on and off for a few months here and there due to personal circumstances and it is only in the past few weeks that I have managed to successfully know and close my positions before the trend reverses. Previously, I just hope and hold on which reduces profits and also destroys my self esteem as I start to question whether I can only short but can't long successfully. I was tempted to reverse my trade twice but didn't and I was spot on both times! Argh, I'm still second guessing myself!  I'm still way better at shorting although ..read more
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Brexit
Athena Trader
by
3y ago
I'm surprised that Brexit happened... I thought like most other people that they wouldn't have the guts to exit the EU. But then again, you gotta admit that Brexit sounds a whole lot sexier, trendy and catchy than Bremain which sounds like spoilt bread.  I think the ordinary Brits have spoken as they are probably displeased with the way their country has become. I read with interest and horror from a recent article in Cosmo UK that hutching is how young people are surviving the ridiculous rents in central London. I think immigration is also a hot button issue and perhaps that's why outsi ..read more
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Reflections
Athena Trader
by
3y ago
Recently I managed to get a part time cleaner to come once a fortnight and as I watched her clean I realized that I can never be as efficient and effective as her. It doesn't help that my attempts at cleaning have not been successful as evidenced by the awful water marks on the bathroom glass door or the floor is never as sparkling as hers even 2 days after she has done the cleaning!  Of course she's more experienced than me and I did pick up some tips from her which she kindly told me as well as from observing how she does chores for 3 hours. Even ACCICB is amazed by her and keeps telli ..read more
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