Alright now Aug 2nd and both BOJ and FOMC has released their meeting results.
Wanted to update this post and review the whole thing and especially what I could’ve learned moving forward.
Author Archives: lytstephen
Investment 20240801
What a roller-coaster ride of a month in my investment journey!
A lot of stress but I think it’s a good experience and I’m learning through it.
Risk Reduction with 123DCA
- March 2024, N225 39k, went in HKD200k, -HKD10k
- Jul 2024, 2644 5k, went in HKD50k, -HKD10k
Both times I got in too rushed and all in one place – which ended up me getting caught on the wrong side.
So now I’ve learned a better way to enter positions – 123DCA.
Sacrifices of Investment, and okay with being wrong
Just heard a podcast between Mark Howards and a chess master talking about investing in terms of chess.
In both, you have to make sacrifices in order to be a good player.
US equity market outlook (Continuous Updates)
A post to keep track of my thoughts and outlook on the US equity market as a whole, and also on individual stocks and the reasons that I am buying them.
Investment 20240719
With my long-term investment I’d like to not move around too much, but I have been this past week and I want to write a little update here.
There are some big volatility going on and I’m probably over-reacting just like the market is.
JP equity market outlook (Continuous Updates)
Making this the post to keep track of my outlook on the JP equity market as time goes on.
It’d be a great learning for myself to look back and see how my thought process changes and also be more disciplined.
Also cool to see whether my outlooks are right or wrong in hindsight later.
USD.JPY outlook (Continuous updates)
I figure I need to make a continuously updated post on USD.JPY too, with such a heavy carry-trade position … and a huge shift in the past few days.
So here it is and I’ll copy some main points from previous post in here first.
US equity market breadth widen + rotation
So at the drop last Friday (12/7, thurs in the U.S.), the interesting thing is the small and mid caps actually rose. By a lot.
RUT was +3.6% while NDX was -1.6%, so that was a super clear sign things are “rotating”.
Why and what’s my next move?
Trap of confusing investing and trading + New organization
So I thought I was very clear about the difference between investing and trading … turned out I was wrong.
I saw from a technical standpoint that both US and JP market might have a big run up, so I added positions to both.
But after a huge drop yesterday I got scared and cut some positions – which is OK as a trade, but the sizing was perhaps a bit too big.