My Trading Journal (16 April 24)

I spend most of the trading session on 16 April 24 trying to fix my liquidity situation, which is dropping further after Tesla's continual drop in share price. As I own 710 Tesla shares, every USD1 decline in share price means my excess liquidity takes a hit of UD710. If Tesla drops by USD10, then … Continue reading My Trading Journal (16 April 24)

My Trading Journal (15 April 24)

April is quite a difficult month to trade. The bullish momentum has lost steam but the stock market is not exactly plunging at the moment. Things are choppy, so it is difficult to predict a single direction for profit. Thus, there is a chance that short term options contract may end up expiring worthless when … Continue reading My Trading Journal (15 April 24)

My Trading Journal (5 April 24)

Starting this new journal series to summarise my options trade for any particular day. 5 April 24 Trades [Trade 1] Bought 3 x Micron CALL I added 3 more positions to my original 5 positions of Micron Buy CALL contracts, with an expiration date of 20 Sept 24, at SP of USD200. I believe Micron … Continue reading My Trading Journal (5 April 24)

My Trading Journal (2 April 24)

Starting this new journal series to summarise my options trade for any particular day. 2 April 24 Trades [2 April 24] Sold 2 x CC on Tesla Tesla stock is not looking good, especially with the whole stock showing signs of correction and Tesla reporting disappointing delivery results on 2 April. The aim of this … Continue reading My Trading Journal (2 April 24)

Trading Review March 24 ($7,897 Profits)

The last trading month for March ended on 28 March and it is time to review the trades for this month. Feb was a good month with a net profit of S$7,735 but March was slightly better at S$7,897. The summary table of profit/ loss is as follows: The huge wins in March came from … Continue reading Trading Review March 24 ($7,897 Profits)

Trying Out A New Options Strategy | If Nvidia Closes Above USD820 On 26 April 24, I Earn USD3.2k

I wish to share this new options strategy that I am trying out, which I thought has a good chance of success and relatively good returns. This is actually a BULL CALL Spread strategy where you simultaneously buy and sell a CALL option at different strike prices on the same expiration date. Read more about … Continue reading Trying Out A New Options Strategy | If Nvidia Closes Above USD820 On 26 April 24, I Earn USD3.2k

I Hedge On My Nvidia Bearish Positions & Gained USD7,094.50 (SGD9,592.34)

Since the start of the year, I have been placing hedges against my Nvidia bearish positions because Nvidia's continual rise in share price meant that my unrealised losses were increasing and I was starting to face liquidity issues because of that. Coupled with my falling short of 200 Nvidia shares in my 3 SELL CALL … Continue reading I Hedge On My Nvidia Bearish Positions & Gained USD7,094.50 (SGD9,592.34)

How To Save More Money In Singapore? 8 Methods To Help You Save More Money For Retirement Or Investments

Saving money in Singapore can be challenging given our high cost of living, but it is not impossible. There are many ways to reduce your expenses and increase your income, without compromising your quality of life. Here are some tips to help you save money in Singapore:Method 1: Track your spending and budget wisely. You … Continue reading How To Save More Money In Singapore? 8 Methods To Help You Save More Money For Retirement Or Investments

Trading Review Feb 24 ($7,735 Profits)

February 2024 has been a good month for me thanks to the rapid rise of a few stocks such as Nvidia and Coinbase. The summary table of profit/ loss is as follows: Crypto and AI chip makers have been the darlings of the stock market as EV stocks take the back seat. Seasonality told us … Continue reading Trading Review Feb 24 ($7,735 Profits)

How To Earn Free Nvidia Shares (Worth USD50 ~ USD10,500) + SGD40 Cash?

In current times where inflation and GST are pushing the cost of living higher, it is always welcoming to be able to earn some freebies here and there. In the latest promotion by WeBull Securities SG, they are offering 5 free Nvidia shares if you sign up for an account with them and deposit USD500 … Continue reading How To Earn Free Nvidia Shares (Worth USD50 ~ USD10,500) + SGD40 Cash?