@Terra_Incognita:$Royal Caribbean Cruises(RCL)$ RCL: taking loss. Closed all my short positions on RCL at $363 and eat my humble pie. Another one of the large positions that I've closed these few weeks in my attempt to rebalance my portfolio and cut off dead weights. Taking loss is a part of the trading game but taking large losses is not. For this case, I was over exposed with large trade that went sour. Bitter this might be, I'm owning my trade decision and share this out just like I've shared the other 1000+ trades since Trade Feed function was enabled. A lesson for myself to remember and what don't kill me makes me stronger 💪.
@wheeheepoh:$Xiaomi Corp.(XIACY)$ Averaging in again to build up my position as I feel there is considerable upside potential. Will continue to monitor price movement!
@koolgal:🌟🌟🌟Will This September Be Cruel or Kind? The September Effect is one of those market quirks that is more psychological than predictive. Historically September has been the weakest month for equities. Why is that so? Portfolio rebalancing before Q4. Tax loss harvesting and window dressing by institutions. Post summer pessimism as traders recalibrate. Liquidity crunches tied to vacation hangovers. But here is the twist. In recent years, the median return has turned positive. Some analysts argue that the September effect is now self fulfilling - investors expect weakness, so they sell early, creating the very dip they fear. For me personally, this could be a Buy point disguised as a seasonal sigh especially if I am eyeing quality stocks that dip without fundamental de