Just invest in the index $Straits Times Index(STI.SI)$$STI ETF(ES3.SI)$$Nikko AM STI ETF(G3B.SI)$DCA and close eyes. Come back after awhile and reap dividends in the meantime. The index ETF contains a collection of strong singapore counters. Reduces risk through diversification. STI is still going strong despite SPH being booted from the index and delisted entirely. Dont have to worry like singtel shareholders who yearn for the good old days. Upcoming tickers will take their place
$GOOG 20261023 315.0 PUT$ 1️⃣ Why am I making this trade now? Sold puts at the MA200 support area. Alphabet/google is under short term pressure with competition in AI space increasing with Meta's muse. Believe that GOOG is undervalued so i do not mind taking delivery of the option as well 2️⃣ What’s my plan from here? Continue to monitor technicals to see if the MA200 support holds before deciding whether to roll, close or take delivery
$JPM 20261016 317.5 PUT$ 1️⃣ Why am I making this trade now? JPM is under pressure from inflationary fears leading to elevated interest rates. Net Interest Margin (NII) may rise but the loan and M&A activity is likely to drop and compensate for the NII increase. On the daily chart, the technicals is reaching the lower end of the short term bearish flag, and tallies with the MA100, giving opportunities to catch the short term bottom 2️⃣ What's my plan from here? Monitor the price levels to see if the MA100 support holds before deciding on the next steps.
Obviously lost money all the way for the entire 1st half of 2021. Underperformed the index. Started out with ARK funds and other speculative positions at their peak in Feb before sector rotation and bond yield fears. That was quite a trial of fire for a newbie for me. I held most of my promising speculative plays throughout and intend to continue to do so.My most disappointing (realised losses) plays are $SOS Limited(SOS)$ and $Revolution Acceleration Acquisition Corp(RAAC)$. Bought it to the hype, did not do my own due diligience and entered blindly. Its an enlightening lesson for me. Better to lose some money now then to lose much much more in future. Even though my portfolio has neve