Novice's US Stock Learning Notes 89

Next stop, right-side trading

For those with small capital, it's indeed better to focus on right-side trading; even if you build a position on the left side, don't rush to add to it.

The negative example is my MSFT, UNH, and MSFT. If it were right-side trading, I could have bought at a lower price than now over the long period that followed.

However, there are no 'ifs' in life, only the next time. Next time, do the math properly, right-side trading.

I calculated my position management: 4 stocks per account, with a minimum of 10% holding per stock. If it's less than this, I won't even have the motivation to check the account. Normally maintain 15% holding per stock, with a maximum not exceeding 25%.

Currently, the overweight positions are UNH and MSFT. UNH is finally profitable, thank goodness. I've set up a plan to gradually reduce the position, following the plan. MSFT is still in the red, so be it. The one that hasn't reached the basic target is BRKB. After reducing on highs, I haven't added any back. No rush, waiting for an opportunity. QQQ and VOO will be reduced a bit when they break new highs, and added back later. Timing-based DCA, with a base position, no rush.

As of today, the Longbridge account has just returned to the level at the end of January. Haven't made money since the new year... The IB account is up 3% since the new year.

Alipay is up 5% year-to-date, peaked at 8% in February, and the entire March was in the red. I'm really 'thankful' for that.

Business trip tomorrow night, back on Friday. Will have time to do a summary on the plane.

Just a casual record for today. Wishing you good health and abundant wealth.

PS: The reduction points are set based on my own holding prices and have no reference value whatsoever. It's purely a math exercise.