pcwSg's Portfolio Time Warp

pcwSg
2023-12-07

One cannot go back in time, but one can learn lessons by reviewing the events of the past, to better handle similar situations which may happen in future.[Eye]  [Eye]  

For pcwSg's time warp, only focusing on 1 big loss and 1 missed opportunity.

Biggest Loss

Biggest loss last year was in chasing $VinFast Auto(VFS)$ , with many positive news released and strong potential, was sure that the stock would rebound, but it never did.

Lost a total of nearly US$2000 by buying short dated calls, hoping they would pay out.

At the current point in time, all of them have expired worthless [Facepalm]  [Facepalm] 

Have already accepted the loss and moved on from this symbol, lesson learnt is to control position sizing and not allocate too much money into low probability set-ups.

Missed Opportunity

One strong symbol this year is $NVIDIA Corp(NVDA)$  .[666]  [666]  

NVDA has tripled in price from the opening price of 148.51 at the start of the year.[USD]  [USD]  

Should have stocked up on NVDA shares or traded NVDA calls more for decent profits this year.

Summary

Have learnt much from these 2 significant events this year, hope to be able to allocate funds better in future and be able to take actions when opportunity arises. [Victory]  [Victory]  

Modified in.2023-12-08
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Comments

  • CornerSteve
    2023-12-08
    CornerSteve

    I also lost a lot of money on VinFast Auto at that time.

    • pcwSg
      we just have to make back more than the loss [ShakeHands] [ShakeHands]
  • neversell
    2023-12-08
    neversell

    VinFast Auto’s good news is a scam

    • pcwSg
      yep, market makers do what they want, news doesnt really matter [Facepalm] [Facepalm]
  • ZoePaul
    2023-12-08
    ZoePaul

    It is indeed a pity to miss NVDA

    • pcwSg
      hope to catch the moves in future [Wow] [Wow]
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