The funds in this brokerage are now set aside for me to deal more with options. Still enjoy trading equity but I want to learn more. Signed up for Options bootcamp already so I'm excited. This month is a month of new beginnings and exploration! Traded my 5th option so far this month. ๐ค
I traded my first option today. It's a milestone as I've been trading equities only since inception. I'm thankful for Tiger's Options Handbook to help me get started. I'm excited for this new journey of opportunities. ๐คฉ
Dividend kings or value trap depends on your entry and exit point of course, and your time horizon. It was not working out for me, maybe in the high rates environment I lost some patience, so I have reshuffled my portfolio to be more trading and less investing; more short term and less long term.
Since inception. Tiger is my first online broker and it has been great. Accompanied me since Covid and I'm grateful to have been able to earn dividend income and trading profits really seamlessly. I'm almost reaching my 500k goal (~13k away) Without it, it's also not possible to transition to more trading, away from long term investing so I'm grateful. To silo my funds I have since opened other brokerages and while some of Tiger's fees are slightly higher I still have a soft spot here somehow. Oh special mention - Tiger Debit Card. It has been serving me very well. I just wanted a fuss free debit card. Bonus cashback component. My NVD fractional shares recently ๐คฉ
Last year's divs, gotta thank DBS for the boost. Conversely, this year about 25% of my portfolio is still in REITs. Bought most of them during covid at a high and all are still below cost price (am aware of amortisation); holding them for diversification and for long term. The real reason is also local brokerages are so old school its hard to reset a simple pw so the funds are stuck, which is probably not a bad thing (ie itchy fingers too much trading). Will be expecting lesser div contributions this year but hoping the trading profits can help. Was waiting for a small pot of gold to trade with, sizable enough for small artbitrages to test out my non-strategies.
First year part-time swing trader. Been a silent investor. SG stocks only. Half year profits exceeds my highest dividend received last year $42k (incld $7k DBS bonus div). This year's dividend range should be ~$36k. Not sure where this will go but I just want to retire by 42. "Money not spent is just digits in the bank."
The movements the past 2 days Of YZJ remind me of the quarterly rebalancing of a major fund during the days on the equity desk. Memories I don't want to recall [Spurting] But now as a retail trader, when the window of opportunity opens; when the tap is gushing, just scoop up what you can and leave. As a trader, never fall in love with your stocks. As an investor, convince yourself over and over again why you are staying faithful. I believe both have their own rewards. It's been almost a decade since I left the trade floor. Not sure why I seem to be reminiscing the times of hardship these days. I still love numbers and I'm thankful to still be able to trade daily. #storiesfromthetradefloor
Overheard on the trade floor, "Our job is actually very simple, even a monkey can be a trader." It was one of my first few days on the equity desk. I was shook but I appreciated the honesty. However with AI now, he wasn't that far off. #storiesfromthetradefloor
I watch the same stock everyday and I am sensitive to numbers. When I was working at the bank, traders will break up large trades to avoid attention. There were a lot of trades of 2.3k successively yesterday before today's surge. The previous time I noticed was a series of 5.1 k trades. Nothing special about those numbers, I suppose. Watching the stock is like fishing. A lot of patience and then suddenly there's the movement. Today's profit of 6k yielded from a month of holding. Let's see when's the next surge. My next hurdle is 2.44.