2023 Investment Recap 🇺🇸🇸🇬📈

2023 is a good year

I think most investors agree that 2023 is a pretty good year for the world equities market. Most of them are performing very well except some weakness shown for China and HKEX markets. However, both of them starts to turn much better last week! Therefore, I believe most investors will continue to cheer till the end of this year.

My formula 

Most of my followers know that I am a technical investors, select and judging most of my holdings based on technical analysis. I traded mostly the midterm uptrend stocks only. Since I am not a short term investors, therefore I was almost inactive in equities market for the past two years due to the bear market and nothing much to trade. However, this year everything turns better with trend reversal or even new high breakout in many good stocks. I admitted that I was too conservative and I only made my entry around April and May this year, which was a bit slow but it was never too late.

Lesson - Plan your trade and trade your plan

If there's no any signal or opportunity in the market, try to get yourself a rest and don't be FOMO and want to trade any stock. I tried to trade $SAMUDERA SHIPPING LINE LTD(S56.SI)$  during this early year rally. I rushed in at peak and believed it will go higher. This was not a mistake but the mistake was when the stock started to pullback significantly, I didn't follow my cut loss since I only bought a small positions on hand and the loss amount was still within my acceptable range. However, the loss % was already over my trading plan. As consequence, I was trapped in this stock until now. Even though the amount was not much, but it was still a very failed trade, honestly.

Challenge

Another thing I slowly understand through my investment journey is discipline. It's easy to say but hard to execute. Therefore, I am still training hard to get my trade executed in a discipline way without any emotion influence. Else, it will affect my judgement and risk management.

Investment performance

In overall, I am still satisfied with my 2023 first half return.

[Call] [Call] [Call] [Call] [Call] 

1. $NIO Inc.(NIO.SI)$ 

Very good profit in one month. Plan to lock at least 50% profit soon to avoid the risk of heavy pullback in short term.

2. $Direxion Daily TSLA Bull 1.5X Shares(TSLL)$  

Similar to NIO, my second winning stock is in EV sector as well, the leader Tesla! I didn't manage to lock my profit when the mother share up to 300 USD. Recently, both the correction and I added some positions during this pullback, made my paper gain reduced from 50% to 28%.

3. $TJ DaRenTang(T14.SI)$  

Another successful investment of the year will be $TJ DaRenTang(T14.SI)$  which is  China-based company, mainly engaged in the production, operation and scientific research of green traditional Chinese medicine.

[Put] [Put] [Put] [Put] [Put] 

For my failed trades, as I mentioned earlier in the lesson session, Samudera is one of my worst investments. 

1. Loss number one

2. Loss number two

3. Loss number three

Average down few times in SATS, quite disappointed with the stock performance. Should have choose Singapore Airlines over this counter! Anyway, I believe the worst is over.

Second half of 2023

Last but not least, what will be my focus for the second half of 2023? 3 sectors are under my investment plan.

A) EV sectors

I believe there is still much rooms to go for EV sectors this year. 

B) AI Craziness 

Stocks like NVDA, META, MSFT, PLTR, C3 will benefit from this AI wave definitely. 

C) Semiconductor 

Semiconductor field had experienced a downturn for the past 2 years. I believe the worst is over and the orders should come back towards end of this year or early next year! 

End and thanks every reader [Bless] [Bless] [Bless] 

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