After the catastrophe that happened in Feb 25 where my entire stock and options portfolio was liquidated, I started picking up options trading again with a low capital in April 25. I also traded some shares this month. In this post, I will share how I came to a total profit of USD806 through options … Continue reading Trading Review April 25 (+USD806 Profits) -> Options (+USD432) & Shares (+USD374)
Tag: finance
How To Plan For Retirement In Singapore | Setting Retirement Goals, Key Considerations, Financial Planning, Retirement Mistakes and Many Useful Tips
I chanced upon this very informative video on retirement planning, which is an interview conducted by a popular financial YouTuber, Kevin Learns Investing, and the CEO of Havand, Eddy Cheong, whose company helps clients with retirement planning, through personalized insurance solutions and advice, including guidance on maximizing CPF funds for retirement income. The 37-minute video … Continue reading How To Plan For Retirement In Singapore | Setting Retirement Goals, Key Considerations, Financial Planning, Retirement Mistakes and Many Useful Tips
[Update] USD 2K Options Trading Challenge -> USD2.532K
After the recent successful trades on Robinhood and Rocketlab, my UDS2K trading account grew by 26.6% to USD2.532K. It is a small step towards a long journey of recovering back what I have lost in options trading. Trading details can be found on my Patreon page: [10 April 25] +USD523 Profits In 3 Days I … Continue reading [Update] USD 2K Options Trading Challenge -> USD2.532K
[New] USD 2K Options Trading Challenge
I wanted to try this challenge to prove that one does not need a huge capital outlay to trade options. Also, I can afford the loss by keeping the capital to a small amount, even if it is a 100% loss. I started this challenge and bought 2 LEAPS CALL options using this account. Details … Continue reading [New] USD 2K Options Trading Challenge
SSB Update (115k/200k Completed) | Target S$500 Monthly Passive Income
As part of my portfolio rebuilding plan, I intend to max out my Singapore Savings Bond (SSB) investment to S$200k, so here is an update on the progress of reaching this goal. I applied S$35k of SSB in March 25 for April25 SSB and the full amount was assigned. Thus, I have S$115k of SSB … Continue reading SSB Update (115k/200k Completed) | Target S$500 Monthly Passive Income
The 6 Fatal Investing/ Trading Mistakes That Made Me Lose More Than $1M
The worst nightmare of any investor is to lose a lot of money in the stock market. In this article, I want to share with you how I lost more than $1M in the stock market over the years, so that you can prevent yourself from repeating my mistakes and losing your hard-earned money. Mistake … Continue reading The 6 Fatal Investing/ Trading Mistakes That Made Me Lose More Than $1M
Turning Bearish On Nvidia & My Thoughts On Nvidia’s Outlook
The number one stock that has the biggest risk to my investing portfolio is Nvidia. This is because I owned 1600 shares of Nvidia, which are all on Covered CALL contracts and 14 SELL PUT contracts that are on USD256k worth of margins. The SELL PUT contracts were opened as a rectification to my mistake … Continue reading Turning Bearish On Nvidia & My Thoughts On Nvidia’s Outlook
Repairing My Broken Tesla CALL Options
I bought Tesla CALL options when Tesla was trading around USD460+, anticipating that the stock would rally to USD500 by year end, but the Santa Claus rally did not happen and the stock then started to correct after the FOMC meeting. My CALL options started to lose money and I tried to roll 21 Feb … Continue reading Repairing My Broken Tesla CALL Options
Year 2024 In Review: Gains (S$91,784), Trades & Milestones
2024 has been a fruitful year as I made more than S91k (USD67.9k) from investing and options trading. The below is a summary table of the total profits for 2023 and 2024, which are also my 11th and 12th year of investing respectively. Total Profits (Options Trading) In terms of options trading, I made S$60.5k … Continue reading Year 2024 In Review: Gains (S$91,784), Trades & Milestones
Trading Review Dec 24 (USD12.2k Profits)
December 24 was another month of good returns and most of it came from taking profits off the CALL options contracts that I bought on an amazing stock, Palantir. Since the flash crash of 5 Aug, where I sold 1000 shares of Palantir shares at USD21, the stock has risen spectacularly and almost 4x the … Continue reading Trading Review Dec 24 (USD12.2k Profits)