Jo's outlook and report card for 26 Jan (Bad...C grade)

I was right about the market yesterday that it would be flat. Was it due to my experience orknowledge? Haha, only a fool would attribute those to him being right.

Nope, I was not right because of this. While I don't believe in luck, I know I do not have sufficient experience, much less knowledge given that I've only been investing for a year. But I would like to share that I was not right for the first few hours when the $S&P 500(.SPX)$  fell during the first few hours to $3900 from $4016. Even $Grab Holdings(GRAB)$  fell to a low of $3.50. As much as I wanted to overcome my emotions and average down, I was scared and didn't manage to buy at $3.50. Instead, I went to sleep [Facepalm] . When I woke up, the stock was at $3.69.

Similarly for$DBS GROUP HOLDINGS LTD(D05.SI)$  while I was right that it would go up, I got cold feet yesterday because I thought it was too high. I sold all my holdings yesterday.

Apparently, all this is called "Swing trading". I didn't have the nerve to hold on longer because I wanted to lock in my profits. Was I wrong? Well, if I wanted to hold on for the long term, certainly wrong but today (26 Jan) will tell whether I was wrong to sell near the close. It will confirm my strategy that if I were to sell, sell when it's green and buy when it's red (argh, Grab. I was too scared...)

Outlook for today, I think I made a mistake to sell DBS too early on fluctuations. I don't think I'll get a chance to buy it back because I didn't stick to my positions. The term "Right but wrong" applies since I did make a profit but I think I left money on the table by selling too early. Let me update again...

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